Document:

exh10-1.htm

    

      
        Exhibit
10.1

      

      

      MASTER
AGREEMENT

      

      

      BY
AND AMONG

      

      

      SEMGROUP,
L.P.,

      SEMMANAGEMENT,
L.L.C.,

      SEMOPERATING
G.P., L.L.C.,

      SEMMATERIALS,
L.P.,

      K.C.
ASPHALT, L.L.C.,

      SEMCRUDE,
L.P.,

      EAGLWING,
L.P.,

      SEMGROUP
HOLDINGS, L.P.

      

      

      AND

      

      

      SEMGROUP
ENERGY PARTNERS, L.P.,

      SEMGROUP
ENERGY PARTNERS G.P., L.L.C.,

      SEMGROUP
ENERGY PARTNERS OPERATING, L.L.C.,

      SEMGROUP
ENERGY PARTNERS, L.L.C.,

      SEMGROUP
CRUDE STORAGE, L.L.C.,

      SEMPIPE
G.P., L.L.C.,

      SEMPIPE,
L.P.

      SGLP
MANAGEMENT, INC.

      SEMMATERIALS
ENERGY PARTNERS, L.L.C.

      

      

      EFFECTIVE
AS OF 11:59 PM CDT MARCH 31, 2009

      

      
        
          
             

          

           

        

        
           

          
            

          

        

        
           

          
                                    TABLE OF
CONTENTS                                                        
                                                               
Page

             

            

          

        

      

      
        
          
            
              	
                      ARTICLE I

                    	
                      SETTLEMENT
      TRANSACTIONS

                    	
                      2

                    
	
                      1.1

                    	
                      The
      Transactions

                    	
                      2

                    
	
                      1.2

                    	
                      SemMaterials
      Transactions

                    	
                      3

                    
	
                      1.3

                    	
                      Employees

                    	
                      5

                    
	
                      1.4

                    	
                      Release
      of Liens

                    	
                      5

                    
	
                      ARTICLE
      II

                    	
                      TREATMENT
      OF CERTAIN CONTRACTS  IN BANKRUPTCY PROCEEDINGS

                    	
                      6

                    
	
                      2.1

                    	
                      Rejection
      of Contracts

                    	
                      6

                    
	
                      2.2

                    	
                      Allowed
      Claims

                    	
                      7

                    
	
                      2.3

                    	
                      Termination
      of Guaranties

                    	
                      7

                    
	
                      ARTICLE
      III

                    	
                      MUTUAL
      RELEASES

                    	
                      7

                    
	
                      3.1

                    	
                      General
      Release of Certain Claims by SGLP Parties

                    	
                      7

                    
	
                      3.2

                    	
                      General
      Release of Certain Claims by SemGroup Parties

                    	
                      8

                    
	
                      3.3

                    	
                      Release
      of Certain Claims by SGLP Parties

                    	
                      8

                    
	
                      ARTICLE
      IV

                    	
                      REPRESENTATIONS
      AND WARRANTIES OF SEMGROUP PARTIES

                    	
                      9

                    
	
                      4.1

                    	
                      Organization
      and Good Standing

                    	
                      9

                    
	
                      4.2

                    	
                      Authorization
      of Settlement Agreement and Transaction Documents

                    	
                      9

                    
	
                      4.3

                    	
                      No
      Violation; Consents

                    	
                      9

                    
	
                      4.4

                    	
                      Title
      to Property

                    	
                      9

                    
	
                      4.5

                    	
                      Brokerage
      Fees

                    	
                      10

                    
	
                      4.6

                    	
                      Acknowledgement
      of SemGroup Parties

                    	
                      10

                    
	
                      4.7

                    	
                      Limitation
      of Representations and Warranties

                    	
                      10

                    
	
                      ARTICLE
      V

                    	
                      REPRESENTATIONS
      AND WARRANTIES OF SGLP PARTIES

                    	
                      11

                    
	
                      5.1

                    	
                      Organization
      and Good Standing

                    	
                      11

                    
	
                      5.2

                    	
                      Authorization
      of Agreement and Transaction Documents

                    	
                      11

                    
	
                      5.3

                    	
                      No
      Violation; Consents

                    	
                      11

                    
	
                      5.4

                    	
                      Title
      to Property

                    	
                      11

                    
	
                      5.5

                    	
                      Brokerage
      Fees

                    	
                      12

                    
	
                      5.6

                    	
                      Acknowledgement
      of SGLP Parties

                    	
                      12

                    
	
                      5.7

                    	
                      Limitation
      of Representations and Warranties

                    	
                      12

                    
	
                      ARTICLE
      VI

                    	
                      ADDITIONAL
      COVENANTS

                    	
                      12

                    
	
                      6.1

                    	
                      Expenses

                    	
                      12

                    
	
                      6.2

                    	
                      Mutual
      Cooperation

                    	
                      13

                    
	
                      6.3

                    	
                      Taxes

                    	
                      13

                    
	
                      6.4

                    	
                      Tax
      Allocation

                    	
                      13

                    
	
                      ARTICLE
      VII

                    	
                      MISCELLANEOUS

                    	
                      14

                    
	
                      7.1

                    	
                      Effect
      of this Agreement

                    	
                      14

                    
	
                      7.2

                    	
                      Binding
      Effect; Successors

                    	
                      14

                    
	
                      7.3

                    	
                      Submission
      to Jurisdiction

                    	
                      15

                    
	
                      7.4

                    	
                      Waiver
      of Jury Trial

                    	
                      15

                    
	
                      7.5

                    	
                      Entire
      Agreement

                    	
                      16

                    
	
                      7.6

                    	
                      Amendments
      and Waivers

                    	
                      16

                    
	
                      7.7

                    	
                      Governing
      Law

                    	
                      16

                    
	
                      7.8

                    	
                      Notices

                    	
                      17

                    
	
                      7.9

                    	
                      Severability

                    	
                      18

                    
	
                      7.10

                    	
                      Counterparts

                    	
                      18

                    
	
                      7.11

                    	
                      Captions

                    	
                      18

                    
	
                      7.12

                    	
                      Interpretation

                    	
                      18

                    
	
                      7.13

                    	
                      Third
      Party Beneficiaries

                    	
                      18

                    

            

          

        

        

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      Exhibits

      

      Exhibit
A                      Kansas
Transfer Documents

      Exhibit
B                      Shared
Services Agreement

      Exhibit
C                      SCADA
Transfer Document

      Exhibit
D-1                                Oklahoma
City Lease

      Exhibit
D-2                                Cushing
Lease

      Exhibit
E                      Line
Fill and Tank Bottoms Transfer Document

      Exhibit
F                      New
Throughput Agreement

      Exhibit
G-1                                SGLP
Dropdown Transfer Documents

      Exhibit
G-2                                SemGroup
Dropdown Transfer Documents

      Exhibit
H                      Cushing
Land Rights Agreements

      Exhibit
I                      Trademark
License Agreement

      Exhibit
J                      Asphalt
Transfer Documents

      Exhibit
K                      New
Terminalling Agreement

      Exhibit
L                      New
Terminal Access Agreement

      Exhibit
M                                SemMaterials
Transition Services Agreement

      Exhibit
N                      SemMaterials
Software

      Exhibit
O                      SemMaterials
Software Transfer Agreement

      Exhibit
P                      Final
Order

      Exhibit
Q                      Kansas
Pipeline

      Exhibit
R                      SemGroup
Lender Release

      Exhibit
S                      SGLP
Lender Release

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      MASTER
AGREEMENT

      

      This Master Agreement (this “Agreement”), is
entered into on April 7, 2009, to be effective as of 11:59 PM CDT March 31, 2009
(the “Effective
Date”), by and among SemGroup, L.P. (“SemGroup”),
SemManagement, L.L.C. (“SemManagement”),
SemOperating G.P., L.L.C. (“SemOperating”),
SemMaterials, L.P. (“SemMaterials”), K.C.
Asphalt, L.L.C. (“KC
Asphalt”), SemCrude, L.P. (“SemCrude”), Eaglwing,
L.P. (“Eaglwing”), SemGroup
Holdings, L.P. (“SemGroup Holdings”),
SemGroup Energy Partners, L.P. (“SGLP”), SemGroup
Energy Partners G.P., L.L.C. (“SGLP GP”), SemGroup
Energy Partners Operating, L.L.C. (“SGLP Operating”),
SemGroup Energy Partners, L.L.C. (“SGEP”), SemGroup
Crude Storage, L.L.C. (“Crude Storage”),
SemPipe, L.P. (“SemPipe LP”), SemPipe
G.P., L.L.C. (“SemPipe”), SGLP
Management, Inc. (“SGLP Management”) and
SemMaterials Energy Partners, L.L.C. (“SMEP”).  SemGroup,
SemManagement, SemOperating, SemMaterials, KC Asphalt, SemCrude, Eaglwing and
SemGroup Holdings are collectively referred to as the “SemGroup
Parties.”  SGLP, SGLP GP, SGLP Operating, SGEP, Crude Storage,
SemPipe LP, SemPipe, SGLP Management and SMEP are collectively referred to as
the “SGLP
Parties.”  The SemGroup Parties and the SGLP Parties are
collectively referred to as the “Parties” and
individually referred to as a “Party”.

      

      Capitalized terms not otherwise defined
herein shall have the meaning assigned to such terms in attached Appendix A,
which  is incorporated herein by reference.

      

      PRELIMINARY
STATEMENTS

      

      WHEREAS, the Parties have
engaged in extensive, arms’ length and good faith negotiations and discussions
concerning a global settlement;

      

      WHEREAS, the Parties signed
that certain term sheet on March 6, 2009 (the “Term Sheet”), which
set forth the principal terms of a settlement agreement;

      

      WHEREAS, the Bankruptcy Court
approved the Term Sheet on March 12, 2009;

      

      WHEREAS, the Parties now
desire to enter into a series of agreements to compromise and settle all matters
among them as described in the Term Sheet and to effect the transactions
described therein (the “Transactions”);
and

      

      WHEREAS, the Parties
acknowledge and agree that the compromise and settlement reflected herein
constitutes the exchange of reasonably equivalent value between the Parties to
settle the matters among them as described in the Term Sheet and is both fair
and reasonable to all the Parties.

      

      NOW, THEREFORE, in
consideration of the premises and the mutual agreements, covenants,
representations and warranties set forth in this Agreement and for other good,
valid and binding consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties to this Agreement, intending to be legally bound,
hereby agree as follows:

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

         

        ARTICLE I

         

        SETTLEMENT
TRANSACTIONS

      

       

      1.1 The
Transactions.  The following Transactions, among others
referenced herein, are occurring concurrently with the execution of this
Agreement by the Parties, to be effective as of the Effective Date.

       

      (a) Transfer of Kansas
Assets.  SGEP and its Affiliates are transferring the KC Crude
Transferred Assets to SemCrude by executing and delivering the documents listed
on Exhibit A
hereto (the “Kansas
Transfer Documents”).

       

      (b) Shared Services
Agreement.  SGEP, SemCrude and certain of their Affiliates are
executing and delivering the shared services agreement attached hereto as Exhibit B (the
“Shared Services
Agreement”).

       

      (c) SCADA
Agreements.  SGEP and its Affiliates are transferring to
SemCrude and its Affiliates all of their rights, title and interest, in and to
the SCADA System by executing and delivering the bill of sale attached as Exhibit C hereto (the
“SCADA Transfer
Document”).  SGEP, SemCrude and certain of their Affiliates are
also executing and delivering the Shared Services Agreement, which includes
SCADA Services on Exhibit C
thereto.

       

      (d) Office
Leases.  SGLP, SemCrude and certain of their Affiliates are
executing and delivering (i) the lease attached hereto as Exhibit D-1 (the
“Oklahoma City
Lease”) regarding the lease by SemCrude of SGLP’s office space in the
Oklahoma City operations building for its employees and equipment and (ii) the
lease attached hereto as Exhibit D-2 (the
“Cushing
Lease”) regarding the lease by SemCrude of SGLP’s office space in the
interchange building, one lab building and two maintenance buildings located in
Cushing, Oklahoma for its employees and equipment.

       

      (e) Line Fill and Tank
Bottoms.  SemCrude is transferring to SGEP as of the Effective
Date 355,000 Barrels of crude oil owned by SemCrude and located in the pipelines
or storage tanks of the SGLP Parties as of the Effective Date (the “Line Fill and Tank
Bottoms”).  If SemCrude does not own 355,000 Barrels of Line
Fill and Tank Bottoms as of the Effective Date, then SemCrude will transfer
Barrels located at other mutually convenient locations in order to achieve the
total of 355,000 Barrels (the “Additional
Barrels”).   The Line Fill and Tank Bottoms and the
Additional Barrels, if any, will be transferred by SemCrude executing and
delivering the bill of sale attached as Exhibit E hereto (the
“Line Fill and Tank
Bottoms Transfer Document”), which sets forth the number of Barrels being
transferred at each location.  The SGLP Parties hereby acknowledge and
agree that after the execution of this Agreement, SemCrude will continue to own
its Barrels of crude oil located in the pipelines or storage tanks of the SGLP
Parties (other than the Line Fill and Tank Bottoms and, if any, the Additional
Barrels), which Barrels will be delivered to SemCrude at its direction pursuant
to the New Throughput Agreement.  The Parties will agree on the
inventory process to be utilized to determine the number of Barrels owned by
SemCrude after the Effective Date, which process shall be in accordance with
customary industry practice.

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      (f) Throughput
Agreement.  SemCrude and SGLP are executing and delivering the
throughput agreement attached hereto as Exhibit F (the “New Throughput
Agreement”).

       

      (g) Dropdown
Items.

       

      (i) SGEP and
its Affiliates are transferring to SemCrude and its Affiliates the SGLP
Outstanding Items to the SemGroup Parties by executing and delivering the
documents listed on Exhibit G-1 hereto
(the “SGLP Dropdown
Transfer Documents”).

       

      (ii) SemCrude
and its Affiliates are transferring to SGEP and its Affiliates the SemGroup
Outstanding Items to the SGLP Parties by executing and delivering the documents
listed on Exhibit
G-2 hereto (the “SemGroup Dropdown Transfer
Documents”).

       

      (h) Cushing Land Rights
Agreements.  SGLP, SemCrude and its respective Affiliates are
executing and delivering the deeds, easements and memoranda listed on Exhibit H hereto (the
“Cushing Land Rights
Agreements”) to evidence the Parties’ respective land rights at Cushing,
Oklahoma.

       

      (i) Trademark License
Agreements.  SGLP and its Affiliates are executing and
delivering the trademark license agreement attached hereto as Exhibit I (the “Trademark License
Agreement”) regarding the license of certain trademarks by the SGLP
Parties on and after the Effective Date.

       

      (j) Transfer of Asphalt
Transferred Assets.  SemMaterials and its Affiliates are
transferring the Asphalt Transferred Assets to SMEP and its Affiliates by
executing and delivering the documents listed on Exhibit J hereto (the
“Asphalt Transfer
Documents”).

       

      (k) Terminalling and Storage
Agreement.  SemMaterials and SMEP are executing and delivering
the terminalling and storage agreement attached hereto as Exhibit K (the “New Terminalling
Agreement”).

       

      (l) Terminal Access and Use
Agreement.  SemMaterials and SMEP are executing and delivering
the terminal access and use agreement attached hereto as Exhibit L (the “New Terminal Access
Agreement”).

       

      (m) Transition Services
Agreement.  SemMaterials and SMEP are executing and delivering
the transition services agreement attached hereto as Exhibit M (the “SemMaterials Transition
Services Agreement”).

       

      1.2 SemMaterials
Transactions.  In connection with the orderly wind down of
SemGroup’s SemMaterials operations, the Parties will enter into the following
agreements:    

       

      (a) SGLP
shall have the option (the “SemMaterials Contracts
Option”) to have the SemGroup Parties transfer any of their existing
subleases, storage agreements or leases with third parties relating to the
Asphalt Transferred Assets (the “Asphalt Third Party
Contracts”) to the SGLP Parties pursuant to the following terms and
conditions:

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      (i) Promptly
after the date hereof, SGLP will notify SemMaterials if it is aware of any
Asphalt Third Party Contract that it wishes to assume and SemMaterials will
provide information as reasonably requested by SGLP with respect to any Asphalt
Third Party Contract, including whether any Asphalt Third Party Contract is
needed by the SemGroup Parties in connection with its SemMaterials wind down and
the cure and any other payments required in connection with the assumption and
assignment of each Asphalt Third Party Contract;

       

      (ii) To
exercise the SemMaterials Contracts Option, SGLP must promptly deliver written
notice to SemGroup of such exercise specifying each Asphalt Third Party
Contracts to be assumed no later than April 30, 2009 (the “Contracts Option
Deadline”).  If SGLP exercises the SemMaterials Contracts
Option with respect to any Asphalt Third Party Contract, and if such Asphalt
Third Party Contract is assumed and assigned, then SGLP will be solely
responsible for any cure or other payments required in connection with the
assumption and assignment of such Asphalt Third Party Contract, regardless of
when such assumption and assignment occurs or when such payment is
due;

       

      (iii) Upon
receipt of written notice and payment from SGLP exercising the SemMaterials
Contracts Option, the SemGroup Parties shall promptly file a motion with the
Bankruptcy Court seeking to assume and assign all identified Asphalt Third Party
Contracts free and clear of any Liens; and

       

      (iv) If
SemGroup does not receive such written notice as to any Asphalt Third Party
Contract by the Contracts Option Deadline, then SGLP shall have waived its
rights to have such Asphalt Third Party Contract assigned to it and the SemGroup
Parties shall be permitted to accept or reject any Asphalt Third Party Contract
in their sole discretion.

       

      (b) SGLP
shall have the option (the “SemMaterials Software
Option”) to have the SemGroup Parties transfer any of the asphalt
front-office systems and related software licenses described on Exhibit N hereto (the
“SemMaterials
Software”), to the extent permissible, to the SGLP Parties pursuant to
the following terms and conditions:

       

      (i) SemMaterials
shall retain the SemMaterials Software in connection with the orderly wind down
of its operations;

       

      (ii) Promptly
after the date hereof, SGLP will notify SemMaterials if it is aware of any
SemMaterials Software that it wishes to assume and SemMaterials will provide
information as reasonably requested by SGLP with respect to the SemMaterials
Software, including (1) the date on which SemMaterials will no longer need to
use the SemMaterials Software (the “Software Transfer
Date”), (2) the cure and any other payments required in connection with
the assumption and assignment of any contracts related to the SemMaterials
Software (the “Software Third Party
Contracts”), and (3) the amount of any prepaid maintenance, licensing or
other costs related to the SemMaterials Software paid or to be paid by the
SemGroup Parties as of the Software Transfer Date (the “Software Transfer
Costs”);

       

      (iii) To
exercise the SemMaterials Software Option, SGLP must deliver written notice of
such exercise to SemGroup no later than April 30, 2009 (the “Software Option
Deadline”).  If SGLP exercises the SemMaterials Software Option
with respect to any Software Third Party Contract, and if such Software Third
Party Contract is assumed and assigned, then SGLP will be solely responsible for
any cure or other payments required in connection with the assumption and
assignment of such Software Third Party Contract, regardless of when such
assumption and assignment occurs or when such payment is due;

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      (iv) Upon
receipt of written notice and payment from SGLP exercising the SemMaterials
Software Option, the SemGroup Parties shall promptly file a motion with the
Bankruptcy Court seeking to assume and assign all identified Software Third
Party Contracts free and clear of any Liens; and

       

      (v) If SGLP
exercises the SemMaterials Software Option, then on the Software Transfer Date,
and subject to any restrictions on transfer, SemMaterials, SMEP and certain of
their Affiliates will execute and deliver the transfer agreement attached hereto
as Exhibit O
(the “SemMaterials
Software Transfer Agreement”) relating to the transfer of the
SemMaterials Software to the SGLP Parties and the SGLP Parties shall pay to the
SemGroup Parties an amount equal to the Software Transfer Costs.

       

      1.3 Employees.  

       

      (a) The
Parties hereby acknowledge and agree that SGLP has made offers of employment to
individuals as agreed with SemGroup.

       

      (b) For a
period of one (1) year following the date hereof, the SGLP Parties shall not
directly or indirectly, through any Affiliate, officer, director, stockholder,
member, partner, agent or otherwise, cause, solicit, induce or encourage any
employee of a SemGroup Party after the date hereof to leave such employment or
solicit the employment of or employ or retain as a consultant any such employee;
provided, however, that the
hiring of any such employee that the Parties mutually agree can be offered
employment by the SGLP Parties and the hiring of any such employee through the
use of general advertisements in publications (including external websites)
shall be deemed not to violate this provision.

       

      (c) For a
period of one (1) year following the date hereof, the SemGroup Parties shall not
directly or indirectly, through any Affiliate, officer, director, stockholder,
member, partner, agent or otherwise, cause, solicit, induce or encourage any
employee of a SGLP Party after the date hereof to leave such employment or
solicit the employment of or employ or retain as a consultant any such employee;
provided, however, that the
hiring of any such employee that the Parties mutually agree can be offered
employment by the SemGroup Parties and the hiring of any such employee through
the use of general advertisements in publications (including external websites)
shall be deemed not to violate this provision.

       

      1.4 Release of
Liens.  

       

      (a) The SGLP
Parties will deliver the SGLP Lender Release evidencing the release of any Liens
of the SGLP Lenders on the SGLP Transferred Assets (as defined
herein).  As soon as practicable after the date hereof, (i) the
SemGroup Parties will file the appropriate documents to evidence the release of
the SGLP Lenders’ Liens on the SGLP Transferred Assets and (ii) the SemGroup
Parties will file a notice of bankruptcy filing of the SemGroup Parties in the
relevant jurisdictions.

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      (b) The
SemGroup Parties will deliver the SemGroup Lender Release confirming the removal
of any Liens of the SemGroup Lenders on the SemGroup Transferred Assets (as
defined herein).  The SemGroup Parties will use their commercially
reasonable efforts to work with the SemGroup Lenders to take all reasonable
action to confirm the removal of any and all Liens on the SemGroup Transferred
Assets by the SemGroup Lenders.  As soon as practicable after the date
hereof, (i) the SGLP Parties will file the appropriate documents to evidence the
release of the SemGroup Lenders’ Liens on the SemGroup Transferred Assets and
(ii) the SGLP Parties will file the SGLP Lender Security Documents.

       

      ARTICLE
II 

       

      TREATMENT
OF CERTAIN CONTRACTS 

      IN
BANKRUPTCY PROCEEDINGS

       

      2.1 Rejection of
Contracts.  

       

      (a) Pursuant
to the Final Order, the Terminalling and Storage Agreement, the Throughput
Agreement, the Omnibus Agreement, the Terminal Access and Use Agreement and the
SemGroup Guaranty (collectively, the “Rejected Contracts”)
shall be deemed rejected effective as of the Effective Date in accordance with
the provisions of section 365 of the Bankruptcy Code.  The Parties
agree that each Party that is a party to any Rejected Contract shall be relieved
of any obligation to such other Parties as are party thereto to make any
payments, including payment on any prepetition or postpetition Claim for damages
or otherwise, under the Rejected Contracts or to otherwise perform under such
agreements for the benefit of any such other Party; provided that (i) the
SGLP Parties shall be entitled to payment in the Bankruptcy Cases with respect
to the Allowed Claims (as defined herein) and (ii) the SemGroup Parties will be
responsible for all amounts owing to the SGLP Parties, and the SGLP Parties will
be responsible for all amounts owing to the SemGroup Parties, under each
Rejected Contract for periods up to the date that such contract is rejected,
which amounts may be netted in accordance with the September
Order.  The Parties hereby acknowledge and agree that the following
waivers apply for the period from March 1, 2009 through March 31, 2009: (1) SGLP
and its Affiliates hereby waive amounts due by SemGroup and its Affiliates under
the Terminalling and Storage Agreement, (2) SemGroup and its Affiliates hereby
waive the administrative fee due by SGLP and its Affiliates under the Omnibus
Agreement and (3) SemGroup and its Affiliates hereby waive the charges for
operational services related solely to SemMaterials due by SGLP and its
Affiliates under the Omnibus Agreement.

       

      (b) The
Parties acknowledge and agree that all amounts owed by any SGLP Party under the
Omnibus Agreement prior to the Filing Date shall be netted against all amounts
owed by any SemGroup Party under the Terminalling and Storage Agreement and the
Throughput Agreement for services provided prior to the Filing
Date.  The Parties hereby waive any remaining positive balance owing
under the Rejected Contracts after such netting of pre-Filing Date account
balances, regardless of whether the balance is owing to the SemGroup Parties, on
the one hand, or the SGLP Parties, on the other hand.

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      (c) Subject
to Section 2.2
below, each proof of claim filed by or on behalf of any Parties hereto against
the SemGroup Parties in connection with the Rejected Contracts shall be deemed
irrevocably withdrawn, with prejudice, and to the extent applicable expunged and
all claims set forth therein disallowed in their entirety.

       

      2.2 Allowed
Claims.  Pursuant to the Final Order, the following claims
shall be allowed as general unsecured claims in the Bankruptcy
Cases:

       

      (a) SMEP will
have a general unsecured claim against SemMaterials, KC Asphalt and SemGroup
(joint and several) in the amount of $35,000,000 as a result of the rejection of
the Terminalling and Storage Agreement (the “Terminalling Agreement
Allowed Claim”); and

       

      (b) SGLP and
SGEP will have a general unsecured claim against SemCrude, Eaglwing and
SemGroup  (joint and several) in the amount of $20,000,000 as a result
of the rejection of the Throughput Agreement (the “Throughput Agreement Allowed
Claim”).

       

      2.3 Termination of
Guaranties.  Effective as of the Effective Date, the SGLP
Guaranty and the SemGroup Guaranty (if and to the extent not deemed to be an
executory contract and rejected pursuant to Section 2.1 hereof)
shall be deemed terminated with respect to the Parties and each Party that is a
party thereto shall be relieved of any obligation to such other Parties as are
party thereto to make any payments, including, without limitation, payment on
any prepetition or postpetition Claim for damages or otherwise, under such
terminated guaranties or to otherwise perform under such guaranties for the
benefit of any such other Party. 

       

      ARTICLE
III 

       

      MUTUAL
RELEASES

       

      3.1 General Release of Certain
Claims by SGLP Parties.  Effective as of the execution of this
Agreement, each of the SGLP Parties, on its own behalf and on behalf of each of
its respective Affiliates, subsidiaries, members, managers, partners,
principals, parent companies, stockholders, officers, employees, creditors,
directors, agents, representatives, attorneys, successors and assigns, hereby
knowingly and voluntarily, generally, fully, unconditionally, absolutely,
finally and forever waives, releases, acquits and discharges each of the
SemGroup Parties and the SemGroup Lenders, solely in their capacity as a lender
of the SemGroup Parties (or an agent to such lender or lenders), together with
each of the SemGroup Parties’ and the SemGroup Lenders’ respective Affiliates,
subsidiaries, members, managers, partners, principals, parent companies,
stockholders, post-Filing Date financial advisors, attorneys, bankruptcy
estates, successors and assigns (collectively, the “SemGroup Released
Parties”), from, and covenants not to sue each of the SemGroup Released
Parties for or on, and holds each of the SemGroup Released Parties harmless
against, any and all Claims relating or attributable to, or arising out of or in
connection with, (i) the transfer of assets by the SGLP Parties pursuant to or
in connection with the Dropdown Agreements, including the SGLP Outstanding Items
(the “SemGroup
Dropdown Assets”), and the transactions related thereto or the ownership,
operation or maintenance of any of the SemGroup Dropdown Assets by the SemGroup
Parties and (ii) the Rejected Contracts and the transactions related thereto
(the “Released
Contract Claims”), including for rejection damages (collectively, the
“Specified SGLP
Released Claims”).  Notwithstanding anything to the contrary
herein, this release shall not release or discharge (x) any Claims other than
the Specified SGLP Released Claims, (y) any Claims against any officers,
directors, employees, managers or outside accountants of any of the SemGroup
Parties or (z) any Claims relating to or arising out of this Agreement,
including those described in Section 2.1(a), 2.2(a) and 2.2(b), or any of the
Transaction Documents.  

      
        
          
          

        

        
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      3.2 General Release of Certain
Claims by SemGroup Parties.  Effective as of the execution of
this Agreement, each of the SemGroup Parties, on its own behalf and on behalf of
each of its respective bankruptcy estates, Affiliates, subsidiaries, members,
managers, partners, principals, parent companies, stockholders, officers,
employees, creditors, directors, agents, representatives, attorneys, successors
and assigns, hereby knowingly and voluntarily, generally, fully,
unconditionally, absolutely, finally and forever waives, releases, acquits and
forever discharges each of the SGLP Parties and the SGLP Lenders, solely in
their capacity as a lender of the SGLP Parties (or an agent to such lender or
lenders), together with each of the SGLP Parties’ and SGLP Lenders’ respective
Affiliates, subsidiaries, members, managers, partners, principals, parent
companies, stockholders, post-Filing Date financial advisors, attorneys,
successors and assigns (collectively, the “SGLP Released
Parties”), from, and covenants not to sue each of the SGLP Released
Parties for or on, and holds each of the SGLP Released Parties harmless against,
any and all Claims, including, without limitation, any claims under Chapter 5 of
the Bankruptcy Code, relating or attributable to, or arising out of or in
connection with (i) the transfer of assets by the SemGroup Parties pursuant to
or in connection with the Dropdown Agreements, including the  SemGroup
Outstanding Items (the “SGLP Dropdown
Assets”), and the transactions related thereto or the ownership,
operation or maintenance of any of the SGLP Dropdown Assets by the SGLP Parties
and (ii) the Released Contract Claims, including any Claims under Chapter 5 of
the Bankruptcy Code for payments made under the Rejected Contracts
(collectively, the “Specified SemGroup Released
Claims”).  Notwithstanding anything to the contrary herein,
this release shall not release or discharge (x) any Claims other than the
Specified SemGroup Released Claims, (y) any Claims against any officers,
directors, employees, managers or outside accountants of any of the SGLP Parties
or (z) any Claims relating to or arising out of this Agreement, including those
described in Section
2.1(a), 2.2(a) and 2.2(b), or any of the
Transaction Documents.

       

      3.3 Release of Certain Claims by
SGLP Parties.  Effective as of the execution of this Agreement,
each of the SGLP Parties, on its own behalf and on behalf of each of its
respective Affiliates, subsidiaries, members, managers, partners, principals,
parent companies, stockholders, officers, employees, creditors, directors,
agents, representatives, attorneys, successors and assigns, hereby knowingly and
voluntarily, generally, fully, unconditionally, absolutely, finally and forever
waives, releases, acquits and discharges the SemGroup Released Parties from, and
covenants not to sue each of the SemGroup Released Parties for or on, and holds
each of the SemGroup Released Parties harmless against, any and all Claims which
exist prior to or exist as of the Effective Date, against (i) the Existing
Asphalt Inventory and any proceeds thereof or (ii) the crude inventory of the
SemGroup Parties located in pipelines or storage tanks of the SGLP Parties
(other than the Line Fill and Tank Bottoms and, if any, the Additional Barrels)
and any proceeds thereof.

      
        
          
          

        

        
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        ARTICLE
IV 

         

        REPRESENTATIONS
AND WARRANTIES OF SEMGROUP PARTIES

      

       

      Each
SemGroup Party hereby represents and warrants, as to itself, to each SGLP Party
as of the date hereof as follows:

       

      4.1 Organization and Good
Standing.  Each SemGroup Party is duly formed, validly existing
and in good standing under the laws of the state of its formation.

       

      4.2 Authorization of Settlement
Agreement and Transaction Documents.  Each SemGroup Party has
the requisite corporate, partnership or limited liability company power and
authority, as applicable, to execute this Agreement and the other Transaction
Documents to which it is a party, and to consummate the Transactions
contemplated by this Agreement and the other Transaction Documents to which it
is a party.  The execution and delivery by each SemGroup Party of this
Agreement and the other Transaction Documents to which it is a party and the
consummation by each SemGroup Party of the transactions contemplated by this
Agreement and the other Transaction Documents to which it is a party have been
duly authorized by all necessary corporate, partnership or limited liability
company action, as applicable, on the part of each SemGroup Party and by the
Bankruptcy Court.  This Agreement and the other Transaction Documents
to which it is a party have been or will be duly executed and delivered by each
SemGroup Party, and, assuming due execution and delivery by each SGLP Party
which is a party thereto, constitute valid and binding obligations of such
SemGroup Party, enforceable against such SemGroup Party in accordance with their
respective terms, except that such enforceability may be limited by equitable
principles which may limit the availability of certain equitable remedies (such
as specific performance).

       

      4.3 No Violation;
Consents.  The execution and delivery of this Agreement and the
consummation of the transactions contemplated by each of the SemGroup Parties
does not and will not (a) conflict with or violate the provisions of the
certificate of incorporation or bylaws, or certificate of limited partnership or
limited partnership agreement, or certificate of formation or limited liability
company agreement, as applicable, of any SemGroup Party, (b) violate any
Applicable Law and (c) violate, conflict with or result in a violation or breach
of, or constitute a default (with or without due notice or lapse of time or
both) under, or require the consent of any other party to any contract to which
any of the SemGroup Parties is a party or by which any of their assets may be
bound (other than any that are not enforceable against the SemGroup Parties by
reason of their bankruptcy filings).

       

      4.4 Title to
Property.  The execution and delivery by the SemGroup Parties
of the SemGroup Dropdown Transfer Documents, the Line Fill and Tank Bottoms
Transfer Document and the Asphalt Transfer Documents (collectively, the “SemGroup Transfer
Documents”) conveys, subject to any requisite governmental filings, to
the SGLP Parties good title to, respectively, the SemGroup Outstanding Items,
the Line Fill and Tank Bottoms and the Asphalt Transferred Assets (collectively,
the “SemGroup
Transferred Assets”), free and clear of any and all Liens and interests
(ownership or otherwise) of any other Person, and liabilities, pursuant to
sections 105(a), 363(f) and 365 of the Bankruptcy Code and will be a legal,
valid and effective transfer of the SemGroup Transferred Assets.  The
foregoing representation and warranty regarding title to the SemGroup
Transferred Assets is hereby qualified by Permitted Exceptions, if any, but such
qualification is not intended to limit the scope of paragraph 8 of the Initial
Order.  Each SemGroup Party acknowledges and agrees that such SemGroup
Party forever disclaims any right, title or interest of any nature, whether
legal, equitable, beneficial, or otherwise, in any of the SemGroup Transferred
Assets and agrees that all of its respective current and future rights, title
and interests therein have been fully conveyed to the SGLP Parties without any
reservation of interest of any nature.  Notwithstanding anything to
the contrary herein, this paragraph shall not be construed as providing a
warranty as to the title to the SemGroup Transferred Assets. 

      
        
          
          

        

        
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      4.5 Brokerage
Fees.  No SemGroup Party has retained any financial advisor,
broker, agent, or finder or paid or agreed to pay any financial advisor, broker,
agent, or finder specifically on account of this Agreement or the Transactions
contemplated hereby for which any SGLP Party shall have any responsibility or
liability.

       

      4.6 Acknowledgement of SemGroup
Parties.  Each of the SemGroup Parties acknowledges that: (i)
it has relied on its own independent investigation, and has not relied on any
information or representations furnished by the SGLP Parties or any
representative or agent thereof with respect to the Rejected Contracts or the
Dropdown Agreements or in determining whether or not to enter into this
Agreement, other than the representations set forth in this Agreement, (ii) it
has conducted its own due diligence, including a review of the Rejected
Contracts, Dropdown Agreements and Applicable Law in connection therewith, as
well as undertaken the opportunity to review information, ask questions and
receive satisfactory answers concerning the Rejected Contracts, Dropdown
Agreements and the terms and conditions of this Agreement, (iii) it possesses
the knowledge, experience and sophistication to allow it to fully evaluate and
accept the merits and risks of entering into the transactions contemplated by
this Agreement and (iv) it has made its own independent determination in light
of its economic interests to reject each of the Rejected Contracts.

       

      4.7 Limitation of
Representations and Warranties.  THE SEMGROUP TRANSFERRED
ASSETS ARE BEING TRANSFERRED AND ACCEPTED IN THEIR CURRENT CONDITION, “AS IS,
WHERE IS AND WITH ALL FAULTS” AND EXCEPT AS MAY BE SPECIFICALLY SET FORTH
HEREIN, WITHOUT REPRESENTATION OR WARRANTY OR INDEMNIFICATION OF ANY KIND,
EXPRESS OR IMPLIED, EACH AND ALL OF WHICH ARE HEREBY EXPRESSLY DISCLAIMED BY THE
SEMGROUP PARTIES, INCLUDING, WITHOUT LIMITATION, ANY REPRESENTATION OR WARRANTY
WITH RESPECT TO QUALITY, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR USE OR
PURPOSE. EACH OF THE VARIOUS TRANSFER DOCUMENTS TO BE DELIVERED TO THE SGLP
PARTIES CONCURRENTLY HEREWITH SHALL CONTAIN A DISCLAIMER TO THIS EFFECT. THE
PARTIES AGREE THAT THIS PROVISION IS A MATERIAL PART OF THIS SETTLEMENT
AGREEMENT AND HAS BEEN BARGAINED FOR.

      
        
          
          

        

        
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      ARTICLE V

       

      REPRESENTATIONS
AND WARRANTIES OF SGLP PARTIES

       

      Each of
the SGLP Parties hereby represents and warrants, as to itself, to the SemGroup
Parties as of the date hereof as follows:

       

      5.1 Organization and Good
Standing.  Each SGLP Party is duly formed, validly existing and
in good standing under the laws of the state of its formation.

       

      5.2 Authorization of Agreement
and Transaction Documents.  Each SGLP Party has the requisite
corporate, partnership or limited liability company power and authority, as
applicable, to execute this Agreement and the other Transaction Documents to
which it is a party, and to consummate the Transactions contemplated by this
Agreement and the other Transaction Documents to which it is a
party.  The execution and delivery by each SGLP Party of this
Agreement and the other Transaction Documents to which it is a party and the
consummation by each SGLP Party of the transactions contemplated by this
Agreement and the other Transaction Documents to which it is a party have been
duly authorized by all necessary corporate, partnership or limited liability
company action, as applicable, on the part of such SGLP Party.  This
Agreement and the other Transaction Documents to which it is a party have been
or will be duly executed and delivered by each SGLP Party and, assuming such
agreements constitute a valid and binding obligation of each SemGroup Party
which is a party thereto (and subject to any necessary approval from the
Bankruptcy Court), are valid and binding obligations of such SGLP Party
enforceable against it in accordance with its terms, subject to (a) applicable
bankruptcy, insolvency, reorganization, moratorium and similar laws of general
application affecting enforcement of creditors’ rights generally, and (b)
general principles of equity, regardless of whether asserted in a proceeding in
equity or at law.

       

      5.3 No Violation;
Consents.  The execution and delivery of this Agreement and the
consummation of the transactions contemplated by each of the SGLP Parties does
not and will not (a) conflict with or violate the provisions of the certificate
of incorporation or bylaws, or certificate of limited partnership or limited
partnership agreement, or certificate of formation or limited liability company
agreement, as applicable, of any SGLP Party, (b) violate any Applicable Law and
(c) violate, conflict with or result in a violation or breach of, or constitute
a default (with or without due notice or lapse of time or both) under, or
require the consent of any other party to any contract to which any of the SGLP
Parties is a party, which consent has not been obtained as of the date hereof.

       

      5.4 Title to
Property.  The execution and delivery by the SGLP Parties of
the SGLP Dropdown Transfer Documents, the Kansas Transfer Documents and the
SCADA Transfer Document (collectively, the “SGLP Transfer
Documents”) conveys, subject to any requisite governmental filings, to
the SemGroup Parties good title to, respectively, the SGLP Outstanding Items,
the KS Crude Transferred Assets and the SCADA System (collectively, the “SGLP Transferred
Assets”), free and clear of any and all Liens (other than Permitted
Exceptions) and interests (ownership or otherwise) of any other Person and
liabilities, and will be a legal, valid and effective transfer of the SGLP
Transferred Assets. Each SGLP Party
acknowledges and agrees that such SGLP Party forever disclaims any right, title
or interest of any nature, whether legal, equitable, beneficial, or otherwise,
in any of the SGLP Transferred Assets and agrees that all of its respective
current and future rights, title and interests therein have been fully conveyed
to the SemGroup Parties without any reservation of interest of any
nature.  Notwithstanding anything to the contrary herein, this
paragraph shall not be construed as providing a warranty as to the title to the
SGLP Transferred Assets. 

      
        
          
          

        

        
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      5.5 Brokerage
Fees.  No SGLP Party has retained any financial advisor,
broker, agent, or finder or paid or agreed to pay any financial advisor, broker,
agent, or finder specifically on account of this Agreement or the Transactions
contemplated hereby for which any SemGroup Party shall have any responsibility
or liability.

       

      5.6 Acknowledgement of SGLP
Parties.  Each of the SGLP Parties acknowledges that: (i) it
has relied on its own independent investigation, and has not relied on any
information or representations furnished by the SemGroup Parties or any
representative or agent thereof with respect to the Rejected Contracts or the
Dropdown Agreements or in determining whether or not to enter into this
Agreement, other than the representations set forth in this Agreement, (ii) it
has conducted its own due diligence, including a review of the Rejected
Contracts, Dropdown Agreements and Applicable Law in connection therewith, as
well as undertaken the opportunity to review information, ask questions and
receive satisfactory answers concerning the Rejected Contracts, Dropdown
Agreements and the terms and conditions of this Agreement, (iii) it possesses
the knowledge, experience and sophistication to allow it to fully evaluate and
accept the merits and risks of entering into the transactions contemplated by
this Agreement and (iv) it has made its own independent determination in light
of its economic interests to accept the amount of the Allowed Claims with
respect to the Rejected Contracts.

       

      5.7 Limitation of
Representations and Warranties.  THE SGLP TRANSFERRED ASSETS
ARE BEING TRANSFERRED AND ACCEPTED IN THEIR CURRENT CONDITION, “AS IS, WHERE IS
AND WITH ALL FAULTS” AND EXCEPT AS MAY BE SPECIFICALLY SET FORTH HEREIN, WITHOUT
REPRESENTATION OR WARRANTY OR INDEMNIFICATION OF ANY KIND, EXPRESS OR IMPLIED,
EACH AND ALL OF WHICH ARE HEREBY EXPRESSLY DISCLAIMED BY THE SGLP PARTIES,
INCLUDING, WITHOUT LIMITATION, ANY REPRESENTATION OR WARRANTY WITH RESPECT TO
QUALITY, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR USE OR PURPOSE. EACH OF
THE VARIOUS TRANSFER DOCUMENTS TO BE DELIVERED TO THE SEMGROUP PARTIES
CONCURRENTLY HEREWITH SHALL CONTAIN A DISCLAIMER TO THIS EFFECT. THE PARTIES
AGREE THAT THIS PROVISION IS A MATERIAL PART OF THIS SETTLEMENT AGREEMENT AND
HAS BEEN BARGAINED FOR.

       

      ARTICLE
VI 

       

      ADDITIONAL
COVENANTS

       

      6.1 Expenses.  Except
as otherwise set forth in this Agreement, each Party shall bear its own expenses
incurred in connection with the negotiation and execution of this Agreement and
the other Transaction Documents and the consummation of the transactions
contemplated hereby and thereby, including, without limitation, obtaining the
Final Order.  Except as provided in Section 6.3 hereof,
all sales, use, transfer, filing, recordation, registration and similar Taxes
and fees arising from or associated with any particular transfer of assets under
this Agreement shall be borne by the Party who owns such transferred assets
after giving effect to the Transactions contemplated by this Agreement, to the
extent such Taxes are not discharged by the Bankruptcy Court or otherwise
relieved.  If a SemGroup Party pays any such Taxes and fees that are
allocated to a SGLP Party, or a SGLP Party pays any such Taxes and fees that are
allocated to a SemGroup Party, then the SGLP Party or the SemGroup Party, as
applicable, shall reimburse promptly upon demand the SemGroup Party or the SGLP
Party, as applicable, for such documented Taxes and fees.  To the
extent any ad valorem Taxes are payable on any assets transferred pursuant to
this Agreement, the Party owning such asset at the time such Tax statement is
received shall be responsible for paying such Taxes and shall be entitled to
seek reimbursement from the other Party for its allocated portion of such
Taxes.  For clarification, if an asset was transferred from a SGLP
Party to a SemGroup Party on the Effective Date, then the SGLP Party would pay
the ad valorem Taxes for the fiscal year ended December 31, 2009 and would seek
reimbursement of 25% of such ad valorum Taxes from the SemGroup
Party.

      
        
          
          

        

        
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      6.2 Mutual
Cooperation.  On and after the date hereof, each of the Parties
agrees to use its commercially reasonable efforts to take, or cause their
respective Affiliates to take, all action to do or cause to be done, and to
assist and cooperate with each other Party in doing, all things necessary,
proper or advisable to consummate and make effective, in the most expeditious
manner practicable, the Transactions (in each case, to the extent that the same
is within the control of such Party), including, without limitation, (i)
compliance with any Bankruptcy Court approvals, consents and orders, (ii) the
obtaining of all necessary waivers, consents and approvals from Governmental
Authorities and the making of all necessary registrations and filings and the
taking of all reasonable steps as may be necessary to obtain any approval or
waiver from, or to avoid any action or proceeding by, any Governmental
Authority, (iii) the obtaining of all necessary consents, approvals or waivers
from third parties, (iv) the transfer (to the extent transferable) of all
operating, environmental and regulatory permits associated with the SemGroup
Transferred Assets or the SGLP Transferred Assets, as applicable, and (v) the
defending of any lawsuits or any other legal proceedings whether judicial or
administrative, challenging this Agreement or the consummation of the
Transactions. 

       

      6.3 Taxes.  The
Parties acknowledge and agree that, with respect to any Taxes owed in connection
with any items transferred pursuant to the Dropdowns, the Party intended to have
ownership interests after giving effect to the transactions contemplated by the
relevant Dropdown Agreements shall be responsible for any Taxes relating to
periods or portions thereof beginning after the effective date of the relevant
Dropdown Agreement (in each case, a “Dropdown Effective
Date”), and the Party transferring such ownership interests shall be
responsible for any Taxes relating to periods or portions thereof ending on or
prior to the relevant Dropdown Effective Date, in each case regardless of
whether the transfer occurred as of such Dropdown Effective Date or as of the
Effective Date.  

       

      6.4 Tax
Allocation.  The Parties shall cooperate with each other in
determining, and shall agree on the date hereof on the valuation of, those SGLP
Transferred Assets and SemGroup Transferred Assets (if any) whose transfer
hereunder is subject to sales, use, or other transfer Taxes under the applicable
Laws of any jurisdiction (each, a "Taxable Asset").  The Parties
acknowledge that the SemGroup Parties intend to engage a third party evaluator
during the second quarter of 2009 to appraise all of the assets of the SemGroup
Parties, including the SGLP Transferred Assets.  If the appraised
value determined by such third party evaluator for any Taxable Asset is
different than the value originally agreed to by the parties for such Taxable
Asset then, if necessary under applicable Law, the Parties agree to amend any
sales, use, or other transfer Tax return to reflect the appraised value
determined by such third party evaluator.

      
        
          
          

        

        
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      ARTICLE
VII 

       

      MISCELLANEOUS

       

      7.1 Effect of this
Agreement.  This Agreement and each of the terms contained
herein have been entered into as a matter of settlement and compromise of
disputes as to matters of fact and Applicable Law.  The settlement and
compromise contained herein have been entered into solely to avoid the burden,
expense, and uncertainty of litigation concerning the Parties’ respective
positions on such matters.  Therefore, this Agreement shall not
constitute, or be argued or asserted by any Party to constitute, any admission
or acknowledgement of any fact or proposition of Law, of the occurrence or
nonoccurrence of any event or of any liability or lack thereof on the part of
any Party hereto.  It is expressly understood and agreed that this
Agreement, and any negotiations or proceedings in connection herewith, do not
constitute and may not be construed as, or deemed to be, either evidence or an
admission or concession on the party of the SemGroup Parties or the SGLP Parties
of any merit or lack of merit whatsoever as to any claims each Party has
asserted respecting the matters expressly compromised herein.  The act
of entering into or carrying out this Agreement and any negotiations or
proceedings related thereto shall not be used, offered or received into evidence
in any action or proceeding in any court, administrative agency or other
tribunal for any purpose whatsoever other than to enforce or interpret the
provisions of this Agreement; provided, however, that this
Agreement may be filed or submitted by the SemGroup Parties or the SGLP Parties
to support a claim of release, discharge or satisfaction.  The
SemGroup Parties and the SGLP Parties each separately intend the settlement to
be a final and complete resolution of all disputes between them with respect to
the subject matter of this Agreement and the mutual releases
herein.  Each of the Parties represents that it has not assigned or
transferred to any Person any right to recovery for any claim or potential claim
that otherwise would be released under this Agreement.

       

      7.2 Binding Effect;
Successors.  The provisions of this Agreement shall be binding
upon and inure to the benefit of the Parties and the respective successors and
assigns of each of the Parties, including, without limitation, any trustee
hereinafter appointed in the Bankruptcy Cases as the representative of the
estates of the SemGroup Parties, or any other representative of the SemGroup
Parties who qualifies in a case under the Bankruptcy Code or in connection with
any other state, provincial, or federal proceeding.  The terms and
conditions of this Agreement shall survive:

       

      (a) the entry
of any subsequent Order converting any of the SemGroup Parties’ Bankruptcy Cases
from chapter 11 of the Bankruptcy Code to chapter 7 of the Bankruptcy
Code;

       

      (b) the
appointment of any trustee in any of the SemGroup Parties’ Bankruptcy Cases in
any ensuing chapter 7 cases under the Bankruptcy Code;

      
        
          
          

        

        
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      (c) the
confirmation of a plan of reorganization for any of the SemGroup Parties under
the Bankruptcy Code;

       

      (d) the
dismissal of any of the SemGroup Parties’ Bankruptcy Cases or an Order
withdrawing the reference from the Bankruptcy Court;

       

      (e) an Order
from the Bankruptcy Court abstaining from handling any of the SemGroup Parties’
Bankruptcy Cases; or

       

      (f) a sale,
assignment or other disposition of all or part of the SemGroup Parties’ assets
or this Agreement to any third party and/or assignee.

       

      7.3 Submission to
Jurisdiction.  

       

      (a) Without
limiting any Party’s right to appeal any Order of the Bankruptcy Court, (i) the
Bankruptcy Court shall retain exclusive jurisdiction to enforce the terms of
this Agreement and to decide any claims or disputes which may arise or result
from, or be connected with, this Agreement, any breach or default hereunder, or
the transactions contemplated hereby, and (ii) any and all Actions related to
the foregoing shall be filed and maintained only in the Bankruptcy Court, and
the Parties hereby consent to and submit to the jurisdiction and venue of the
Bankruptcy Court and shall receive notices at such locations as indicated in
Section 7.8;
provided, however, that if a
plan of reorganization has become effective in the Bankruptcy Cases, the Parties
agree to and hereby unconditionally and irrevocably submit to the exclusive
jurisdiction of any federal or state court in United States District Court for
the Southern District of New York sitting in New York County or the Commercial
Division, Civil Branch of the Supreme Court of the State of New York sitting in
New York County and any appellate court from any thereof, for the resolution of
any such claim or dispute.

       

      (b) The
Parties hereby unconditionally and irrevocably waive, to the fullest extent
permitted by Applicable Law, any objection which they may now or hereafter have
to the laying of venue of any dispute arising out of or relating to this
Agreement or any of the transactions contemplated hereby brought in any court
specified in paragraph (a) above, or any defense of inconvenient forum for
the maintenance of such dispute.  Each of the Parties hereto agrees
that a judgment in any such dispute may be enforced in other jurisdictions by
suit on the judgment or in any other manner provided by law.

       

      (c) Each of
the Parties hereto hereby consents to process being served by any Party to this
Agreement in any suit, action or proceeding by the mailing of a copy thereof in
accordance with the provisions of Section 7.8; provided, however, that such
service shall not be effective until the actual receipt thereof by the Party
being served.

       

      7.4 Waiver of Jury
Trial.  THE PARTIES HEREBY IRREVOCABLY AND UNCONDITIONALLY
WAIVE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY RIGHT THAT THEY
MAY HAVE TO TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION, OR IN ANY PROCEEDING,
DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF THIS AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT (WHETHER BASED ON CONTRACT, TORT, OR
ANY OTHER THEORY).  EACH PARTY (A) CERTIFIES THAT NO REPRESENTATIVE,
AGENT, OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE,
THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE
FOREGOING WAIVER AND (B) ACKNOWLEDGES THAT IT AND THE OTHER PARTIES HAVE BEEN
INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS
IN THIS AGREEMENT.

      
        
          
          

        

        
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      7.5 Entire
Agreement.  This Agreement, the Exhibits hereto and the other
Transaction Documents represent the entire understanding and agreement between
the Parties hereto with respect to the subject matter hereof and shall supersede
the Term Sheet; provided, however, that in the
event of any dispute, this Agreement, the Exhibits hereto and the other
Transaction Documents shall be interpreted to be consistent with the SGLP
Settlement Orders. 

       

      7.6 Amendments and
Waivers.  

       

      (a) This
Agreement, the Exhibits hereto and the other Transaction Documents can be
amended, supplemented or changed, and any provision hereof can be waived, only
by written instrument making specific reference to this Agreement or any
Transaction Document signed by the Party against whom enforcement of any such
amendment, supplement, modification or waiver is sought.  The Parties
hereby acknowledge and agree that, prior to the date that a plan of
reorganization has become effective in the Bankruptcy Cases, a material
amendment to this Agreement or any of the Transaction Documents requires the
approval of the Bankruptcy Court.

       

      (b) No action
taken pursuant to this Agreement or any Transaction Document, including any
investigation by or on behalf of any Party, shall be deemed to constitute a
waiver by the Party taking such action of compliance with any representation,
warranty, covenant or agreement contained herein.  The waiver by any
Party hereto of a breach of any provision of this Agreement or any other
Transaction Document shall not operate or be construed as a further or
continuing waiver of such breach or as a waiver of any other or subsequent
breach.  No failure on the part of any Party to exercise, and no delay
in exercising, any right, power or remedy hereunder shall operate as a waiver
thereof, nor shall any single or partial exercise of such right, power or remedy
by such Party preclude any other or further exercise thereof or the exercise of
any other right, power or remedy.

       

      7.7 Governing
Law.  THIS AGREEMENT, THE RIGHTS AND OBLIGATIONS OF THE PARTIES
UNDER THIS AGREEMENT, AND ANY CLAIM OR CONTROVERSY DIRECTLY OR INDIRECTLY BASED
UPON OR ARISING OUT OF THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS
AGREEMENT (WHETHER BASED ON CONTRACT, TORT, OR ANY OTHER THEORY), INCLUDING ALL
MATTERS OF CONSTRUCTION, VALIDITY AND PERFORMANCE, SHALL IN ALL RESPECTS BE
GOVERNED BY AND INTERPRETED, CONSTRUED, AND DETERMINED IN ACCORDANCE WITH, THE
INTERNAL LAWS OF THE STATE OF NEW YORK (WITHOUT REGARD TO ANY
CONFLICT OF LAWS PROVISION THAT WOULD REQUIRE THE APPLICATION OF THE LAW OF ANY
OTHER JURISDICTION).

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

      7.8 Notices.  All
notices and other communications under this Agreement shall be in writing and
shall be deemed duly given (i) when delivered personally or by prepaid overnight
courier, with a record of receipt, (ii) when actually received if mailed by
certified mail, return receipt requested, or (iii) the day of transmission, if
sent by facsimile or telecopy during regular business hours or the business day
after transmission, if sent after regular business hours (with a copy promptly
sent by prepaid overnight courier with record of receipt or by certified mail,
return receipt requested), to the Parties at the following addresses or telecopy
numbers (or to such other address or telecopy number as a Party may have
specified by notice given to the other Party pursuant to this
provision):

       

      If to SemGroup
Parties:

       

      SemCrude,
L.P.

      Two
Warren Place

      6120 S.
Yale Avenue, Suite 700

      Tulsa,
Oklahoma 74136

      Phone:                      (918)
524-8100

      Fax:  (918)
524-8290

      Attention:
Chief Financial Officer

       

      With a
copy to:

       

      Weil,
Gotshal & Manges LLP

      200
Crescent Court, Suite 300

      Dallas,
Texas 75201

      Phone:                      214-746-7700

      Fax:  214-746-7777

      Attention:  Michael
A. Saslaw, Esq.

      

      If to SGLP
Parties:

       

      SemGroup
Energy Partners, L.P.

      Two
Warren Place

      6120 S.
Yale Avenue, Suite 500

      Tulsa,
Oklahoma 74136

      Phone:
(918) 524-5500

      Fax:  (918)
524-5805

      Attention:
Chief Financial Officer

       

      With a
copy to:

       

      Baker
Botts L.L.P.

      2001 Ross
Avenue, Suite 700

      Dallas,
Texas 75201

      Phone:                      (214)
953-6500

      Fax:  (214)
953-6503

      Attention:
Doug Rayburn, Esq.

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

      7.9 Severability.  If
any term or provision of this Agreement is invalid, illegal or incapable of
being enforced by Law or public policy, all other terms and provisions of this
Agreement shall nevertheless remain in full force and effect so long as the
legal and economic substance of the Transactions is not affected in any manner
materially adverse to any party.  Upon such determination that any
term or provision is invalid, illegal or incapable of being enforced, the
parties hereto shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in an
acceptable manner in order that the Transactions are consummated as originally
contemplated to the greatest extent possible.

       

      7.10 Counterparts.  This
Agreement may be executed in any number of counterparts, each of which, when so
executed and delivered (including by facsimile or electronic mail transmission),
will be deemed an original, but all of which together will constitute one and
the same instrument.

       

      7.11 Captions.  The
captions of this Agreement are for convenience only and are not a part of this
Agreement and do not in any way limit or amplify the terms and provisions of
this Agreement and shall have no effect on its interpretation.

       

      7.12 Interpretation.  The
words “include”, “includes” and “including” shall be deemed to be followed by
the phrase “without limitation”. The words “hereof”, “herein” and “hereunder”
and words of similar import when used in this Agreement shall refer to this
Agreement as a whole and not to any particular provision of this Agreement, and
Section and Exhibit references are to this Agreement unless otherwise
specified.  The meanings given to terms defined herein shall be
equally applicable to both the singular and plural forms of such
terms.

       

      7.13 Third Party
Beneficiaries.  Except with respect to the releases contained
in Article III of
this Agreement, this Agreement shall be solely for the benefit of the Parties
hereto and no other Person shall be a third party beneficiary hereof.

       

      
        
          
                                                           

          

           
18

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, each of the parties have executed and delivered this Agreement
as of the date first set forth above to be effective as of the Effective
Date.

       

      

      SEMGROUP,
L.P.

      

      By:
SemGroup G.P., L.L.C., its general partner

      

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      

      

      SEMMANAGEMENT,
L.L.C.

      

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      

      

      SEMOPERATING
G.P., L.L.C.

      

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      

      

      SEMMATERIALS,
L.P.

      

      By:
SemOperating G.P., L.L.C., its general partner

      

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      
        
          
            SIGNATURE
PAGE TO MASTER AGREEMENT

          

           

        

        
           

          
            

          

        

        
           

        

      

      

      

      K.C.
ASPHALT, L.L.C.

      

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      

      

      SEMCRUDE,
L.P.

      

      

      By:
SemOperating G.P., L.L.C., its general partner

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      

      

      EAGLWING,
L.P.

      

      By:
SemOperating G.P., L.L.C., its general partner

      

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      

      

      SEMGROUP
HOLDINGS, L.P.

      

      By:
SemGroup Holdings G.P., L.L.C., its general partner

      

      By: /s/ Terrence
Ronan                                                      

      Name:                                                      Terrence
Ronan

      Title:                                                      President
& CEO

      SEMGROUP
ENERGY PARTNERS, L.P.

      

      By:
SemGroup Energy Partners G.P., L.L.C.,

             its
general partner

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      

      SEMGROUP
ENERGY PARTNERS G.P., L.L.C.

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      

      SEMGROUP
ENERGY PARTNERS OPERATING, L.L.C.

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      SEMGROUP
ENERGY PARTNERS, L.L.C.

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      

      SEMGROUP
CRUDE STORAGE, L.L.C.

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      

      

      
        
          
            SIGNATURE
PAGE TO MASTER AGREEMENT

            

          

           

        

        
           

          
            

          

        

        
           

        

      

      SEMPIPE
G.P., L.L.C.

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      

      SEMPIPE,
L.P.

      

      By:  SemPipe
G.P., L.L.C.,

              its
general partner

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      

      SEMMATERIALS
ENERGY PARTNERS, L.L.C.

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      

      

      SGLP
MANAGEMENT, INC.

      

      

      By: /s/ Alex G.
Stallings                                                      

      Name:                                                      Alex
G. Stallings

      Title:                                                      Chief
Financial Officer and Secretary

      
        
          
            SIGNATURE
PAGE TO MASTER AGREEMENT

            

          

           

        

        
           

          
            

          

        

        
           

        

      

      APPENDIX
A

      

      DEFINED
TERMS

      

       

      “Affiliate” (and, with
a correlative meaning “affiliated”) means,
with respect to any Person, any direct or indirect subsidiary of such Person,
and any other Person that directly, or through one or more intermediaries,
controls or is controlled by or is under common control with such first
Person.  As used in this definition, “control” (including
with correlative meanings, “controlled by” and
“under common control
with”) means possession, directly or indirectly, of power to direct or
cause the direction of management or policies (whether through ownership of
securities or partnership or other ownership interests, by contract or
otherwise).  For purposes of this Agreement, (i) no SGLP Party shall
be considered an Affiliate of any SemGroup Party and (ii) no SemGroup Party
shall be considered an Affiliate of any SGLP Party.

      

      “Allowed Claims”
means, collectively, the Terminalling Agreement Allowed Claim and the Throughput
Agreement Allowed Claim.

      

      “Applicable Law”
means, with respect to any Person, any Law applicable to such Person or its
business, properties or assets.

      

      “Asphalt Transferred
Assets” means all of the SemGroup Parties’ assets that are connected to,
adjacent to, or otherwise contiguous with the SGLP Parties’ liquid asphalt
cement facilities, including, without limitation, all asphalt cement and
residual fuel oil storage tanks, related equipment and associated easement and
leasehold land rights; provided, however that the
Asphalt Transferred Asphalts shall not include the Existing Asphalt
Inventory.

      

      “Bankruptcy Cases”
means (i) the chapter 11 cases commenced by SemGroup and certain of its direct
and indirect subsidiaries (other than SemGroup Holdings) on July 22, 2008,
jointly administered under Case No. 08-11525 (BLS) and (ii) the chapter 11 case
commenced by SemGroup Holdings on October 22, 2008 under Case No. 08-12504
(BLS).

      

      “Bankruptcy Code”
means title 11 of the United States Code, as amended.

      

      “Bankruptcy Court”
means the United States Bankruptcy Court for the District of Delaware or any
other court having jurisdiction over the Bankruptcy Cases from time to
time.

      

      “Barrel” means
forty-two (42) Gallons.

      

      “Claims” shall mean
claims, counterclaims, liabilities, demands, agreements, contracts, covenants,
suits, actions, causes of action, obligations, controversies, compensation,
losses, costs, expenses, attorneys’ fees, damages, judgments, orders and
liabilities of whatever kind, type, nature, character or description, in law,
equity or otherwise, whether now known or unknown, whether or not asserted,
whether in contract or in tort, or any other potential claims of any nature,
kind or description, including, but not limited to, any right to contribution,
lender liability, usury, course of dealing, counterclaim or set off, whether or
not made by or payable to a third party, inchoate or choate, contingent or
vested, liquidated or unliquidated, suspected or unsuspected, and whether or not
sealed or hidden, including, but not limited to, any and all claims as defined
in section 101(5) of the Bankruptcy Code.

      

      “Dropdown Agreements”
mean, collectively, (i) the Contribution, Conveyance, Assignment and Assumption
Agreement, dated as of May 23, 2007, by and among SemCrude, SemGroup,
SemOperating, SemPipe GP and SGEP, (ii) the Closing Contribution, Conveyance,
Assignment and Assumption Agreement, dated as of July 20, 2007, by and among
SGLP, SGLP GP, SGLP Operating, SemGroup Holdings, SemCrude and SemGroup, (iii)
the Purchase and Sale Agreement, dated as of January 14, 2008, by and between
SemMaterials and SGLP Operating, (iv) the Contribution Agreement, dated as of
January 28, 2008, by and among SemMaterials, KC Asphalt and SMEP, (v) the
Purchase and Sale Agreement, dated as of May 12, 2008, by and between SemCrude
and SGEP, (vi) the Contribution Agreement, dated as of May 30, 2008, by and
between SemCrude and SGLP Crude Storage and (vii) the Purchase and Sale
Agreement, dated as of May 20, 2008, by and between SemCrude and
SGEP.

      

      “Dropdowns” mean the
following transfers from the SemGroup Parties to the SGLP Parties: (i) the
contribution of certain crude oil assets on July 20, 2007, (ii) the sale of
liquid asphalt assets on February 20, 2008, (iii) the sale of the Eagle North
Pipeline System on May 12, 2008 and (iv) the sale of additional crude oil assets
on May 30, 2008.

      

      “Existing Asphalt
Inventory” means any asphalt cement, residual fuel oil or other product
or inventory of the SemGroup Parties that is stored in the Asphalt Transferred
Assets or in the SGLP Parties’ liquid asphalt cement facilities as of the
Effective Date.

      

      “Filing Date” means
July 22, 2008.

      

      “Final Order” means a
final and non-appealable order of the Bankruptcy Court approving this Agreement
and the consummation of the Transactions, in form and substance identical in all
material respects to the form of the order attached hereto as Exhibit
P.

      

      “Gallon” means a U.S.
gallon of 231 cubic inches corrected to 60 degrees Fahrenheit.

      

      “Governmental
Authority” means any entity exercising executive, legislative, judicial,
regulatory or administrative functions of or pertaining to government, including
any governmental authority, agency, department, board, commission or
instrumentality of the United States, including, without limitation, the IRS,
any state of the United States or any political subdivision thereof, and any
tribunal, court or arbitrator(s) of competent jurisdiction, and shall include
the Bankruptcy Court.

      

      “Initial Order” means
the order of the Bankruptcy Court approving a compromise and settlement
agreement with SGLP dated March 19, 2009.

      

      “IRS” means the United
States Internal Revenue Service.

      

      “Kansas Pipeline”
means the SemCrude pipeline in Kansas and Northern Oklahoma reflected in Exhibit Q attached
hereof.

      

      “KC Crude Transferred
Assets” means the storage tanks, related equipment and associated
easement and leasehold land rights owned by the SGLP Parties that are connected
to, adjacent to, or otherwise contiguous with the Kansas Pipeline; provided, however that the KC
Crude Transferred Assets do not include (i) the truck unloading equipment and
related assets of the SGLP Parties or (ii) any storage tanks, related equipment
and associated easement and leasehold land rights owned by the SGLP Parties at
Cushing, Oklahoma.

      

      “Law” means any U.S.
or foreign federal, state or local law (including common law), statute, code,
ordinance, Order, rule, regulation or other requirement enacted, promulgated,
issued or entered by a Governmental Authority.

      

      “Lien” means (i) any
and all liens, pledges, mortgages, deeds of trust, security interests, leases,
subleases, charges, options, rights of first refusal or negotiation, easements,
servitudes, transfer restrictions under any shareholder or similar agreement and
other encumbrances of any kind or nature, including any and all liens as defined
in section 101(37) of the Bankruptcy Code and (ii) any and all
Claims.

      

      “Omnibus Agreement”
means the Amended and Restated Omnibus Agreement, dated as of February 20, 2008
(as amended from time to time), by and among SemGroup, SemManagement,
SemMaterials, SGLP, SGLP GP and SMEP.

      

      “Order” means any
order, injunction, judgment, decree, ruling, writ, finding, assessment or
arbitration award.

      

      “Permitted Exceptions”
means: (i) statutory rights to assert carriers’, warehousemen’s, mechanics’,
materialmen’s, repairmen’s and other like liens imposed by Law, arising in the
ordinary course of business and securing obligations that are not yet due and
payable or are being contested in good faith and (ii) minor irregularities in
title, boundaries, or other survey defects, easements, leases, restrictions,
servitudes, permits, reservations, exceptions, zoning restrictions,
rights-of-way, conditions, covenants, and rights of others in any property for
streets, roads, bridges, railroads, electric transmission and distribution
lines, telegraph and telephone lines, flood control, water rights, rights of
others with respect to navigable waters, sewage and drainage rights existing as
of the date hereof and other similar charges or encumbrances, in each case that
do not adversely interfere with the occupation, use and enjoyment of the assets
as they are currently being used as of the date hereof.

      

      “Person” or “person” means and
includes natural persons, corporations, limited partnerships, limited liability
companies, general partnerships, joint stock companies, joint ventures,
associations, companies, trusts, banks, trust companies, land trusts, business
trusts or other organizations, whether or not legal entities, and all
Governmental Authorities.

      

      “SCADA System” means
the software and hardware related to the operation of the crude oil pipelines,
storage tanks and related equipment.

      

      “SemGroup Agent” means
Bank of America, N.A., as administrative agent under the SemGroup Pre-Petition
Credit Agreement and the SemGroup DIP Credit Agreement.

      

      “SemGroup DIP Credit
Agreement” means that certain Debtor-in-Possession Credit Agreement,
dated as of August 8, 2008, among SemCrude as Borrower and as Debtor and
Debtor-in-Possession, SemGroup as a Guarantor and as Debtor and
Debtor-in-Possession, SemOperating as a Guarantor and as Debtor and
Debtor-in-Possession, Bank of America, N.A., as Administrative Agent and L/C
Issuer, and the other lenders party thereto from time to time, as the same has
been or may hereafter be amended, restated, supplemented or otherwise modified
from time to time.

      

      “SemGroup Guaranty”
means the Guaranty, dated as of February 20, 2008, of SemGroup in favor of
SMEP.

      

      “SemGroup Lender
Release” means the release attached hereto as Exhibit R, pursuant
to which the SemGroup Agent confirms the removal of the Liens of the SemGroup
Lenders on the SemGroup Transferred Assets.

      

      “SemGroup Lender Security
Documents” means the documents reasonably requested by the SemGroup
Lenders to evidence their security interest in the SGLP Transferred Assets,
which may include mortgages, deeds of trust or UCC financing
statements.

      

      “SemGroup Lenders”
means (i) the financial institutions party (whether as a lender, letter of
credit issuer or an agent) to the SemGroup Pre-Petition Credit Agreement and
(ii) the financial institutions party (whether as a lender, letter of credit
issuer or an agent) to SemGroup DIP Credit Agreement.

      

      “SemGroup Outstanding
Items” means the items set forth on Schedule 2 to the Term
Sheet.

      

      “SemGroup Pre-Petition Credit
Agreement” means that certain Amended and Restated Credit Agreement,
dated as of October 18, 2005, among SemCrude, as US Borrower, SemCams ULC
(formerly known as SemCams Midstream Company), as Canadian Borrower, certain
affiliates thereof, the lenders party thereto from time to time, Bank of
America, N.A., as Administrative Agent, and the other parties thereto, as the
same has been or may hereafter be amended, restated, supplemented or otherwise
modified from time to time.

      

      “September Order”
means the agreed order approved by the Bankruptcy Court on September 8, 2008
with respect to SGLP’s motion seeking adequate protection and modification of
the stay filed on August 15, 2008.

      

      “SGLP Guaranty” means
the Guaranty dated as of February 20, 2008, of SGLP in favor of
SemMaterials.

      

      “SGLP Lender Release”
means the release attached hereto as Exhibit S, pursuant
to which the SGLP Lenders, among other things, (i) consent to the Transactions
and (ii) release their security interests in the SGLP Transferred
Assets.

      

      “SGLP Lender Security
Documents” means the documents reasonably requested by the SGLP Lenders
to evidence their security interest in the SemGroup Transferred Assets, which
may include mortgages, deeds of trust or UCC financing statements.

      

      “SGLP Lenders” means
the financial institutions party (whether as a lender, letter of credit issuer
or an agent) to the Credit Agreement dated as of July 20, 2007, by and among,
inter alia, SGLP and
Wachovia Bank, N.A. as administrative agent, as the same has been or may
hereafter be amended, restated, supplemented or otherwise modified from time to
time.

      

      “SGLP Outstanding
Items” means the items set forth on Schedule 2 to the Term
Sheet.

      

      “SGLP Settlement
Orders” means (i) the Initial Order and (ii) the Final
Order.

      

      “Tax” or “Taxes” means (i) all
federal, state, local or foreign taxes, charges, imposts, levies or other like
assessments, including all net income, gross receipts, capital, sales, use, ad
valorem, value added, transfer, franchise, profits, inventory, capital stock,
license, withholding, payroll, employment, social security, unemployment,
excise, severance, stamp, occupation, property and estimated taxes, customs
duties, assessments and charges of any kind whatsoever, and (ii) all interest,
penalties, fines, additions to tax or additional amounts imposed by any Taxing
Authority in connection with any item described in clause (i).

      

      “Taxing Authority”
means any Governmental Authority responsible for the administration of any
Tax.

      

      “Terminal Access and Use
Agreement” means the Terminal Access and Use Agreement, dated as of
January 28, 2008 (as amended from time to time), by and among SemMaterials, KC
Asphalt and SMEP.

      

      “Terminalling and Storage
Agreement” means the Terminalling and Storage Agreement, dated as of
February 20, 2008 (as amended from time to time), by and between SemMaterials
and SMEP.

      

      “Throughput Agreement”
means the Throughput Agreement, dated as of July 20, 2007 (as amended from time
to time), by and among SGLP, SGEP, SemCrude, SemGroup and Eaglwing.

      

      “Transaction
Documents” means this Agreement, the Kansas Transfer Documents, the
Shared Services Agreement, the SCADA Transfer Document, the Oklahoma City Lease,
the Cushing Lease, the Line Fill and Tank Bottoms Transfer Document, the New
Throughput Agreement, the SGLP Dropdown Transfer Documents, the SemGroup
Dropdown Transfer Documents, the Cushing Land Rights Agreements, the Trademark
License Agreement, the Asphalt Transfer Documents, the New Terminalling
Agreement, the New Terminal Access Agreement, the SemMaterials Transition
Services Agreement and the SemMaterials Software Transfer Agreement, and all
other instruments delivered by the Parties on the date hereof or intended or
required to be delivered then or thereafter in accordance with this
Agreement.

      

      Terms Defined Elsewhere in
this Agreement.  For purposes of this Agreement, the following
terms have meanings set forth in the sections indicated.

      

      
        	
                Term

              	
                Section

              
	 
      	 
      
	
                Additional
      Barrels

              	
                1.1(e)

              
	
                Agreement

              	
                Preamble

              
	
                Asphalt
      Third Party Contracts

              	
                1.2(a)

              
	
                Asphalt
      Transfer Documents

              	
                1.1(j)

              
	
                Contracts
      Option Deadline

              	
                1.2(a)(ii)

              
	
                Crude
      Storage

              	
                Preamble

              
	
                Cushing
      Land Rights Agreements

              	
                1.1(h)

              
	
                Cushing
      Lease

              	
                1.1(d)

              
	
                Dropdown
      Effective Date

              	
                6.3

              
	
                Eaglwing

              	
                Preamble

              
	
                Effective
      Date

              	
                Preamble

              
	
                Kansas
      Transfer Documents

              	
                1.1(a)

              
	
                KC
      Asphalt

              	
                Preamble

              
	
                Line
      Fill and Tank Bottoms

              	
                1.1(e)

              
	
                Line
      Fill and Tank Bottoms Transfer Document

              	
                1.1(e)

              
	
                New
      Terminal Access Agreement

              	
                1.1(l)

              
	
                New
      Terminalling Agreement

              	
                1.1(k)

              
	
                New
      Throughput Agreement

              	
                1.1(f)

              
	
                Oklahoma
      City Lease

              	
                1.1(d)

              
	
                Party
      / Parties

              	
                Preamble

              
	
                Rejected
      Contracts

              	
                2.1(a)

              
	
                Released
      Contract Claims

              	
                3.1

              
	
                SCADA
      Transfer Document

              	
                1.1(c)

              
	
                SemCrude

              	
                Preamble

              
	
                SemGroup

              	
                Preamble

              
	
                SemGroup
      Dropdown Assets

              	
                3.1

              
	
                SemGroup
      Dropdown Transfer Documents

              	
                1.1(g)(ii)

              
	
                SemGroup
      Holdings

              	
                Preamble

              
	
                SemGroup
      Parties

              	
                Preamble

              
	
                SemGroup
      Released Parties

              	
                3.1

              
	
                SemGroup
      Transferred Assets

              	
                4.4

              
	
                SemGroup
      Transfer Documents

              	
                4.4

              
	
                SemManagement

              	
                Preamble

              
	
                SemMaterials

              	
                Preamble

              
	
                SemMaterials
      Contracts Option

              	
                1.2(a)

              
	
                SemMaterials
      Software

              	
                1.2(b)

              
	
                SemMaterials
      Software Option

              	
                1.2(b)

              
	
                SemMaterials
      Software Transfer Agreement

              	
                1.2(b)(v)

              
	
                SemMaterials
      Transition Services Agreement

              	
                1.1(m)

              
	
                SemOperating

              	
                Preamble

              
	
                SemPipe

              	
                Preamble

              
	
                SGEP

              	
                Preamble

              
	
                SGLP

              	
                Preamble

              
	
                SGLP
      Dropdown Assets

              	
                3.2

              
	
                SGLP
      Dropdown Transfer Documents

              	
                1.1(g)(i)

              
	
                SGLP
      GP

              	
                Preamble

              
	
                SGLP
      Operating

              	
                Preamble

              
	
                SGLP
      Parties

              	
                Preamble

              
	
                SGLP
      Released Parties

              	
                3.2

              
	
                SGLP
      Transferred Assets

              	
                5.4

              
	
                SGLP
      Transfer Documents

              	
                5.4

              
	
                Shared
      Services Agreement

              	
                1.1(b)

              
	
                SMEP

              	
                Preamble

              
	
                Software
      Option Deadline

              	
                1.2(b)(iii)

              
	
                Software
      Third Party Contracts

              	
                1.2(b)(ii)

              
	
                Software
      Transfer Costs

              	
                1.2(b)(ii)

              
	
                Software
      Transfer Date

              	
                1.2(b)(ii)

              
	
                Specified
      SemGroup Released Claims

              	
                3.2

              
	
                Specified
      SGLP Released Claims

              	
                3.1

              
	
                Term
      Sheet

              	
                Recitals

              
	
                Terminalling
      Agreement Allowed Claim

              	
                2.2(a)

              
	
                Throughput
      Agreement Allowed Claim

              	
                2.2(b)

              
	
                Trademark
      License Agreement

              	
                1.1(i)

              
	
                Transactions

              	
                Recitals

              

      

      

      

      

      
        
          
             

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
A

       

      KANSAS
TRANSFER DOCUMENTS

       

      

       

      
        	
                ·  

              	
                Willow
      Glen, Alfalfa County, OK

              

      

       

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                Truck
      Access Agreement *

              

      

      
        	
                ▪  

              	
                Connection
      Agreement 1

              

      

      

      
        	
                ·  

              	
                West
      Ponca Station, Kay County, OK

              

      

       

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                Truck
      Access Agreement *

              

      

      
        	
                ▪  

              	
                Connection
      Agreement *

              

      

      

      
        	
                ·  

              	
                Stafford
      Office, Stafford County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Greenwood
      County Ground Bed Easement, Greenwood County,
KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Harvey
      County Ground Bed Easement, Harvey County,
KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Pawnee
      County Ground Bed Easement, Pawnee County,
KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

       

      
        	
                ·  

              	
                Reno
      County Ground Bed Easement, Reno County,
KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

       

      
        	
                ·  

              	
                Stafford
      County Ground Bed Easement, Stafford County,
KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

        

      

        
        1 SemCrude grants rights
to SGEP under this agreement.

         

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
B

       

      SHARED
SERVICES AGREEMENT

       

      

       

      See
attached.

       

      [See
Exhibit 10.2 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
C

      

      SCADA
TRANSFER DOCUMENT

       

      

       

      See
attached.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      BILL OF
SALE AND

      ASSIGNMENT
AND ASSUMPTION AGREEMENT

      

      THIS BILL
OF SALE AND ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”), dated as
of April 7, 2009 but effective as of 11:59 pm CDT March 31, 2009 (the “Effective Date”), is
made, executed and delivered pursuant to that certain Master Agreement (as
defined herein) by and between SemGroup Energy Partners, L.L.C. (“SELP”) and SemCrude,
L.P. (“SemCrude” and
together with SELP, the “Parties” and each
individually, a “Party”).  Capitalized
terms used but not otherwise defined herein shall have the meanings ascribed to
them in the Master Agreement, dated as of the date hereof but effective as of
the Effective Date (the “Master Agreement”),
by and among, inter
alia, SemGroup Energy Partners, L.P. (“SGLP”) and
SemCrude.

       

      RECITALS

       

      WHEREAS,
on March 12, 2009, the Bankruptcy Court approved the terms of a global
settlement among SGLP and SemCrude, among others, contained in that certain Term
Sheet and authorized, among other things, SELP to transfer to SemCrude (i) the
software, hardware and related equipment relating to the primary and secondary
SCADA control room systems (“SCADA System”)
located within the office buildings owned by the SELP in Cushing, Oklahoma and
Oklahoma City, Oklahoma and in the offices of American Automation, Inc., located
at 4592 E. 480, Pryor, Oklahoma, 74362 (collectively, “SCADA Locations”) and
(ii) the SCADA System-related radio tower located at Cunningham Station (Kingman
County, KS) (“Radio
Tower” and together with the SCADA System, the “Transferred SCADA
Assets”), as more specifically listed on Exhibit A attached
hereto, by executing and delivering this Agreement;

       

      WHEREAS,
except for the Radio Tower, the Transferred SCADA Assets do not include any
software, hardware or related equipment owned by SELP and relating to the SCADA
System that is located anywhere other than within the SCADA Locations (the
“Non-Transferred SCADA
Assets”) and the Parties acknowledge and agree that the Non-Transferred
SCADA Assets are not being transferred hereunder and SELP retains all rights,
title and interest to the Non-Transferred SCADA Assets, including to any SCADA
System related hardware or equipment not located within the SCADA Locations on
storage tanks, pipelines or truck facilities owned by SELP and its Affiliates
located in Cushing, Oklahoma, Oklahoma City, Oklahoma or Pryor,
Oklahoma;

       

      WHEREAS,
the Parties acknowledge and agree that Exhibit A and the fixed asset records
relating to the Transferred SCADA Assets contained therein do not clearly
identify each of the Transferred SCADA Assets and that Exhibit A may be
incomplete or inaccurate; and

       

      WHEREAS,
SELP desires to transfer to SemCrude the Transferred SCADA Assets upon the terms
and conditions set forth herein and in the Master Agreement.

       

      NOW,
THEREFORE, in consideration of the promises, covenants and agreements contained
herein and in the Master Agreement and other good and valuable consideration
(the receipt and sufficiency of which are hereby acknowledged and accepted), the
Parties do hereby agree as follows:

       

      SECTION
1.                                Transfer of
Assets.  SELP does hereby transfer and assign to SemCrude
forever, and SemCrude hereby purchases and acquires from SELP, all of SELP’s
right, title and interest, in, to and under the Transferred SCADA
Assets.

       

      SECTION
2.                                Liabilities and
Obligations.  As of the Effective Date, SemCrude does hereby
assume and thereafter in due course will pay and fully satisfy any liabilities
associated with the Transferred SCADA Assets in accordance with the terms of the
Master Agreement.

       

      SECTION
3.                                Further
Assurances.  From and after the Effective Date, the Parties
agree to execute such further instruments or documents as reasonably requested
by the other Party from time to time in order to confirm or carry out the
transactions contemplated by this Agreement including transferring to SemCrude
any assets not listed on Exhibit A that are
later determined to constitute Transferred SCADA Assets or transferring to SELP
any assets listed on Exhibit A that are
later determined not to constitute part of the Transferred SCADA Assets; provided, however, that no such
instrument or document shall increase SELP’s liability beyond that contemplated
hereby and in the Master Agreement.

       

      SECTION
4.                                No
Warranty.  THE TRANSFERRED SCADA ASSETS ARE BEING TRANSFERRED
AND ACCEPTED IN THEIR CURRENT CONDITION, “AS IS, WHERE IS AND WITH ALL FAULTS”
AND EXCEPT AS MAY BE SPECIFICALLY SET FORTH IN THE MASTER AGREEMENT, WITHOUT
REPRESENTATION OR WARRANTY OR INDEMNIFICATION OF ANY KIND, EXPRESS OR IMPLIED,
EACH AND ALL OF WHICH ARE HEREBY EXPRESSLY DISCLAIMED BY SELP, INCLUDING,
WITHOUT LIMITATION, ANY REPRESENTATION OR WARRANTY WITH RESPECT TO QUALITY,
MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR USE OR PURPOSE

       

      SECTION
5.                                Severability.  If
any provision of this Agreement or the application of any such provision to any
person or circumstance shall be held invalid, illegal or unenforceable in any
respect by a court of competent jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other provision hereof.

       

      SECTION
6.                                Conflicts with Master
Agreement.  Nothing in this Agreement, express or implied, is
intended to, or shall be construed to, expand or vary in any way the terms of
the Master Agreement.  To the extent there is any difference between
this Agreement and the Master Agreement, the Master Agreement shall
govern.

       

      SECTION
7.                                Governing
Law.  This Agreement shall be governed by the laws of the State
of New York, without regard to its principles of conflict of laws.

       

      SECTION 8.  Counterparts.  This
Agreement may be executed in two or more counterparts, each of which shall be
deemed to be an original, but all of which together shall constitute one and the
same agreement.

       

      [The
remainder of this page intentionally left blank.]

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as
of the day and year first written above.

       

      

       

      SEMGROUP
ENERGY PARTNERS, L.L.C.

      

      

      By:                                                                      

      Name:  Alex G.
Stallings

      Title:    Chief Financial Officer and
Secretary

      

      

      

      

      SEMCRUDE,
L.P.

      

      By:                 SemOperating
G.P., L.L.C.,

      its general partner

      

      By:                                                                      

      Name:  Terrence
Ronan

      Title:    President &
CEO

      

      

      
        
          
            [SIGNATURE
PAGE TO BILL OF SALE]

          

           

        

        
           

          
            

          

        

        
           

          
            EXECUTION
COPY

          

        

      

      EXHIBIT A
TO SCADA BILL OF SALE

      

      Transferred
SCADA Assets

      

      

      
        	
                1.  

              	
                Radio
      tower related to the SCADA System located at Cunningham Station in Kingman
      County, Kansas.

              

      

      

      
        	
                2.  

              	
                The
      following assets located in the offices of American Automation, Inc. at
      4592 E. 480, Pryor, Oklahoma,
74362L:

              

      

      
        	
                a.  

              	
                Stratos
      Satellite System; and

              

      

      
        	
                b.  

              	
                Two
      (2) computers, including related peripherals and software, related to the
      Stratos Satellite System.

              

      

      

      
        	
                3.  

              	
                See
      attached.

              

      

      

      

      

      

      

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
D-1

       

      OKLAHOMA
CITY LEASE

       

      

       

      See
attached.

       

      [See
Exhibit 10.10 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      

       

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
D-2

       

      CUSHING
LEASE

       

      

       

      See
attached.

       

      [See
Exhibit 10.11 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
E

       

      LINE
FILL AND TANKS BOTTOMS TRANSFER DOCUMENT

       

      See
attached.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      BILL OF
SALE AND

      ASSIGNMENT
AND ASSUMPTION AGREEMENT

      

      THIS BILL
OF SALE AND ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”), dated as
of April 7, 2009 but effective as of 11:59 pm CDT March 31, 2009 (the “Effective Date”), is
made, executed and delivered pursuant to that certain Master Agreement (as
defined herein) by and between SemCrude, L.P., a Delaware limited partnership
(“SemCrude”)
and SemGroup Energy Partners, L.L.C., a Delaware limited liability company
(“SELP” and
together with SemCrude, the “Parties” and each
individually, a “Party”).  Capitalized
terms used but not otherwise defined herein shall have the meanings ascribed to
them in the Master Agreement, dated as of the date hereof but effective as of
the Effective Date (the “Master Agreement”),
by and among, inter
alia, SELP and SemCrude.

       

      RECITALS

       

      WHEREAS,
on March 12, 2009, the Bankruptcy Court approved the terms of a global
settlement among SELP and SemCrude, among others, contained in that certain Term
Sheet and authorized, among other things, SemCrude to transfer to SELP 355,000
Barrels of crude oil owned by SemCrude contained in the pipelines and storage
tanks of the SGLP Parties;

       

      WHEREAS,
SemCrude has determined and confirmed in writing to SELP the gross and net
Barrels to be transferred to SELP at the locations and in the corresponding
volumes as described in Exhibit A attached
hereto (the “Line Fill
and Tank Bottoms”); and

       

      WHEREAS,
in addition to the Line Fill and Tank Bottoms, SemCrude has desires to transfer
6.85 Barrels from the Area 7 Abilene Truck Tanks (the “Additional Barrels”)
to SELP.

       

      NOW,
THEREFORE, in consideration of the promises, covenants and agreements contained
herein and in the Master Agreement and other good and valuable consideration
(the receipt and sufficiency of which are hereby acknowledged and accepted), the
Parties do hereby agree as follows:

       

      SECTION
1.                                Transfer of
Assets.  SemCrude does hereby transfer and assign to SELP
forever, and SELP hereby purchases and acquires from SemCrude, all of SemCrude’s
right, title and interest, in, to and under the Line Fill and Tank Bottoms and
Additional Barrels.

       

      SECTION
2.                                Liabilities and
Obligations.  As of the Effective Date, SELP does hereby assume
and thereafter in due course will pay and fully satisfy any liabilities
associated with the Line Fill and Tank Bottoms and Additional Barrels in
accordance with the terms of the Master Agreement.

       

      SECTION
3.                                Further
Assurances.  From and after the Effective Date, the Parties
agree to execute such further instruments or documents as reasonably requested
by the other Party from time to time in order to confirm or carry out the
transactions contemplated by this Agreement; provided, however, that no such
instrument or document shall increase SemCrude’s liability beyond that
contemplated hereby and in the Master Agreement.

       

      SECTION
4.                                No
Warranty.  THE LINE FILL AND TANKS BOTTOMS AND ADDITIONAL
BARRELS ARE BEING TRANSFERRED AND ACCEPTED IN THEIR CURRENT CONDITION, “AS IS,
WHERE IS AND WITH ALL FAULTS” AND EXCEPT AS MAY BE SPECIFICALLY SET FORTH IN THE
MASTER AGREEMENT, WITHOUT REPRESENTATION OR WARRANTY OR INDEMNIFICATION OF ANY
KIND, EXPRESS OR IMPLIED, EACH AND ALL OF WHICH ARE HEREBY EXPRESSLY DISCLAIMED
BY SEMCRUDE, INCLUDING, WITHOUT LIMITATION, ANY REPRESENTATION OR WARRANTY WITH
RESPECT TO QUALITY, MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR USE OR
PURPOSE

       

      SECTION
5.                                Severability.  If
any provision of this Agreement or the application of any such provision to any
person or circumstance shall be held invalid, illegal or unenforceable in any
respect by a court of competent jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other provision hereof.

       

      SECTION
6.                                Conflicts with Master
Agreement.  Nothing in this Agreement, express or implied, is
intended to, or shall be construed to, expand or vary in any way the terms of
the Master Agreement.  To the extent there is any difference between
this Agreement and the Master Agreement, the Master Agreement shall
govern.

       

      SECTION
7.                                Governing
Law.  This Agreement shall be governed by the laws of the State
of New York, without regard to its principles of conflict of laws.

       

      SECTION 8.  Counterparts.  This
Agreement may be executed in two or more counterparts, each of which shall be
deemed to be an original, but all of which together shall constitute one and the
same agreement.

       

      [The
remainder of this page intentionally left blank.]

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      IN
WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed as
of the day and year first written above.

       

      

       

      SEMGROUP
ENERGY PARTNERS, L.L.C.

      

      

      By:                                                                      

      Name:  Alex G.
Stallings

      Title:    Chief Financial Officer and
Secretary

      

      

      

      

      SEMCRUDE,
L.P.

      

      By:                  SemOperating
G.P., L.L.C.,

      its general partner

      

      By:                                                                      

      Name:  Terrence
Ronan

      Title:    President &
CEO

      
        
          
            [SIGNATURE
PAGE TO BILL OF SALE]

          

           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT A
TO LINE FILL AND TANK BOTTOMS TRANSFER DOCUMENT

      

      Locations
and Volumes of Barrels

      

      

      

      See
attached.

      

      

      

      

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
F

       

      NEW
THROUGHPUT AGREEMENT

       

      See
attached.

       

      [See
Exhibit 10.6 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
G-1

       

      SGLP
DROPDOWN TRANSFER DOCUMENTS

       

      (from
SGEP to SemCrude)

       

      
        	
                ·  

              	
                Bill
      of Sale, effective as of March 31, 2009, transferring to SemCrude all of
      the personal property included in the SGLP Outstanding Items and the KS
      Crude Transferred Assets.

              

      

       

      
        	
                ·  

              	
                Whelan
      Station, Barber County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                 Boyer
      Truck Station, Butler County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                El
      Dorado Station, Butler County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Cunningham
      Station, Kingman County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Amendment

              

      

       

      
        	
                ·  

              	
                Burkett
      Truck Station, Greenwood County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Burkett
      Pump Station, Greenwood County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Dickinson
      Station, Greenwood County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Fleming
      Station, Harper County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Burrton
      Station, Harvey County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Hanston
      Station, Hodgeman County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Riverside
      Station, Ness County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Heinson
      SWD, Meade County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

       

      
        	
                ·  

              	
                Craver
      SWD, Morton County, KS

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

       

      

       

      
        	
                ·  

              	
                Larned
      Office, Pawnee County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Lyons
      Station, Rice County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Amendment

              

      

       

      
        	
                ·  

              	
                Andale
      Pump Station, Sedgwick County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Hudson
      Station, Stafford County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Amendment

              

      

       

      
        	
                ·  

              	
                Wellington
      Pump Station, Sumner County, KS

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                El
      Reno Truck Station, Canadian County,
OK

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Goldsby
      Truck Station, McClain County, OK

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

       

      
        	
                ·  

              	
                Garber
      Station, Garfield County, OK

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Fiske
      Tanks, Kay County, OK

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Fiske
      Pump Station, Kay County, OK

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Newkirk
      Station, Kay County, OK

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Billings
      Station, Noble County, OK

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      
        	
                ▪  

              	
                Partial
      Release of Mortgage

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

      

      
        	
                ·  

              	
                Oklahoma
      City Truck Station, Oklahoma County,
OK

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      

      
        	
                ·  

              	
                Hawkins
      Trans-Montaine Station, Wood County,
TX

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      

      
        	
                ·  

              	
                Taylor
      Station, Wood County, TX

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Notice
      of Bankruptcy Filing

              

      

       

      
        	
                ·  

              	
                Baby
      #1, Eddy County, NM

              

      

       

      
        	
                ▪  

              	
                Contribution
      Agreement

              

      

      

      
        	
                ·  

              	
                Cushing,
      Payne County, OK

              

      

       

      
        	
                ▪  

              	
                Easement

              

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
G-2

       

      SEMGROUP
DROPDOWN TRANSFER DOCUMENTS

       

      (from
SemGroup to SGEP)

       

      
        	
                ·  

              	
                Bill
      of Sale, effective as of March 31, 2009, transferring to SGEP all of the
      personal property located on the sites listed on Exhibit A
      attached thereto.

              

      

       

      
        	
                ·  

              	
                Whelan
      Station, Barber County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Boyer
      Truck Station, Butler County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Cunningham
      Station, Kingman County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Burkett
      Truck Station, Greenwood County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Fleming
      Station, Harper County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Hanston
      Station, Hodgeman County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Riverside
      Station, Ness County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Lyons
      Station, Rice County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Hudson
      Station, Stafford County, KS

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Garber
      Station, Garfield County, OK

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Newkirk
      Station, Kay County, OK

              

      

       

      
        	
                ▪  

              	
                Truck
      Access Agreement

              

      

      
        	
                ▪  

              	
                Connection
      Agreement

              

      

      

      
        	
                ·  

              	
                Cushing,
      Payne County, OK

              

      

       

      
        	
                ▪  

              	
                Deed

              

      

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      EXHIBIT
H

       

      CUSHING
LAND RIGHTS AGREEMENTS

       

      
        	
                ·  

              	
                Mutual
      Easement Agreement, effective as of March 31, 2009, by and among SemCrude,
      SGEP and Crude Storage.

              

      

       

      
        	
                ·  

              	
                Pipeline
      Easement Agreement, effective as of March 31, 2009, by and among White
      Cliffs Pipeline, L.L.C., SGEP and Crude
Storage.

              

      

       

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
I

       

      TRADEMARK
LICENSE AGREEMENT

       

      See
attached.

       

      [See
Exhibit 10.9 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
J

       

      ASPHALT
TRANSFER ASSETS DOCUMENTS

       

      
        	
                ·  

              	
                Contribution,
      Conveyance, Assignment and Assumption Agreement, effective as of March 31,
      2009, by and among SemMaterials, KC Asphalt, SGLP Asphalt, L.L.C. and
      SMEP.

              

      

       

      
        	
                ·  

              	
                Membership
      Interest Transfer Agreement, effective as of March 31, 2009, by and
      between SemMaterials and SMEP.

              

      

       

      
        	
                ·  

              	
                Little
      Rock Terminal, Pulaski County, AK

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Fontana
      Terminal, San Bernadino County, CA

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Denver-C
      Terminal, Adams County, CO

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Denver-K
      Terminal, Adams County, CO

              

      

       

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Grand
      Junction Terminal, Mesa County, CO

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Pueblo
      Terminal, Pueblo County, CO

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Garden
      City Terminal, Chatham County, GA

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      

      
        	
                ·  

              	
                Boise
      Terminal, Ada County, ID

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Chicago
      Marine Terminal, Cook County, IL

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Pekin
      Terminal, Peoria County, IL

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Warsaw
      Terminal, Kosciusko, IN

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Dodge
      City Terminal, Ford County, KS

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                El
      Dorado Terminal, Butler County, KS

              

      

       

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      

      
        	
                ·  

              	
                Halstead
      Terminal, Harvey County, KS

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Salina
      Terminal, Saline County, KS

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Bay
      City Terminal, Bay County, MI

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                New
      Madrid Terminal, New Madrid County,
MO

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Sedalia
      Terminal, Pettis County, MO

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                St.
      Louis Terminal, City of St. Louis County,
MO

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Billings
      Terminal, Yellowstone County, MT

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Grand
      Island Terminal, Hall County, NE

              

      

       

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Las
      Vegas Terminal, Clark County, NV

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      
        	
                ·  

              	
                Gloucester
      Terminal, Camden,  NJ

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Morehead
      Terminal, Carteret, NC

              

      

       

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Columbus
      Terminal, Franklin County, OH

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Ardmore
      Terminal, Carter County, OK

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold Interest (Bacon
  Inc.)

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold Interest (OG
Bacon)

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Catoosa
      (Koch) Terminal, Rogers County, OK

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien (2008)

              

      

      
        	
                ▪  

              	
                Partial
      Release of Lien (2009)

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Catoosa
      (Port 33) Terminal, Rogers County,
OK

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Catoosa
      (Port of Catoosa-Frontier) Terminal, Rogers County,
  OK

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Lawton
      Terminal, Comanche County, OK

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Muskogee
      Terminal, Muskogee County, OK

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Northumberland
      Terminal, Northumberland County, PA

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Reading
      Terminal, Berks County, PA

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Memphis
      Terminal, Shelby County, TN

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Memphis
      (EM Marathon) Terminal, Shelby County,
TN

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Parsons
      Terminal, Decatur County, TN

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Austin
      Terminal, Travis County, TX

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Ennis
      Terminal, Ellis County, TX

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Lubbock
      Terminal, Lubbock County, TX

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Saginaw
      Terminal, Tarrant County, TX

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                N.
      Salt Lake Terminal, Davis County,
UT

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Woods
      Cross Terminal, Davis County, UT

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

       

      
        	
                ·  

              	
                Newport
      News Terminal, Newport News County,
VA

              

      

       

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Pasco
      Terminal, Franklin County, WA

              

      

       

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      

      
        	
                ·  

              	
                Spokane
      (Hillyard) Terminal, Spokane County,
WA

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Assignment
      and Assumption of Leasehold
Interest

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

      
        	
                ·  

              	
                Spokane
      Valley Terminal, Spokane County, WA

              

      

       

      
        	
                ▪  

              	
                Partial
      Release of Lien

              

      

      
        	
                ▪  

              	
                Termination
      and Release of Easement

              

      

      
        	
                ▪  

              	
                First
      Amendment to Mortgage

              

      

      
        	
                ▪  

              	
                UCC-3
      Termination

              

      

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
K

       

      NEW
TERMINALLING AGREEMENT

       

      See
attached.

       

      [See
Exhibit 10.7 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
L

       

      NEW
TERMINAL ACCESS AGREEMENT

       

      See
attached.

       

      [See
Exhibit 10.8 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      

       

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
M

       

      SEMMATERIALS
TRANSITION SERVICES AGREEMENT

       

      See
attached.

       

      [See
Exhibit 10.3 to the Current Report on Form 8-K filed on April 10,
2009.]

       

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
N

       

      SEMMATERIALS
SOFTWARE

       

      

       

      To be
finalized post-closing.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
O

       

      SEMMATERIALS
SOFTWARE TRANSFER AGREEMENT

       

      

       

      To be
finalized post-closing.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
P

       

      FINAL
ORDER

       

      See
attached.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      IN
THE UNITED STATES BANKRUPTCY COURT

       

      FOR
THE DISTRICT OF DELAWARE

       

      ------------------------------------------------------------------------x

      :

      In
re                                                                                     :           Chapter
11

      :

      SEMCRUDE,
L.P., et
al.,                                                                                     :           Case
No. 08-11525 (BLS)

      :

      
        	
                 
      

              	
                Debtors.

              	
                :

              	
                Jointly
      Administered

              

      

      
        	
                 
      

              	
                :

              

      

      ------------------------------------------------------------------------x

      

      ------------------------------------------------------------------------x

      :

      In
re                                                                                     :           Chapter
11

      :

      SEMGROUP
HOLDINGS,
L.P.,                                                                                                :           Case
No. 08-12504 (BLS)

      :

      
        	
                 
      

              	
                Debtor.

              	
                :

              	
                 
      Joint Administration

              

      

      
        	
                 
      

              	
                :

              	
                     
  Requested

              

      

      ------------------------------------------------------------------------x

      

      SECOND
ORDER WITH RESPECT TO COMPROMISE AND

      SETTLEMENT
AGREEMENT WITH
SEMGROUP ENERGY PARTNERS, L.P.

      

      By order
dated March 19, 2009 (the “First Order”) [Dkt.
No. 3464], the Court approved the motion (the “9019 Motion”)2 of SemCrude, L.P. (“SemCrude”), its
parent, SemGroup, L.P. (“SemGroup”), and
certain direct and indirect subsidiaries of SemGroup (collectively, the “Debtors”),3 for an order approving a compromise and
settlement with SGLP (the “9019 Motion”) [Docket
No. 3315].  Pursuant to paragraph 4 of the First Order, on March 24,
2009, the Debtors filed and served copies of (a) that certain Master Agreement
by and among SemGroup, SemManagement, SemOperating, SemMaterials, K.C. Asphalt,
SemCrude, Eaglwing, SemGroup Holdings and the SGLP Parties to be dated as of
March 31, 2009 (the “Master Agreement”);
(b) the Shared Services Agreement (as defined in the Master Agreement); (c) the
New Throughput Agreement (as defined in the Master Agreement); (d) the Oklahoma
City Lease (as defined in the Master Agreement); and (e) the Cushing Lease (as
defined in the Master Agreement) (collectively, the “New
Agreements”).

      IT IS
HEREBY ORDERED THAT:

      1) Pursuant
to sections 105(a) and 363(b) of the Bankruptcy Code, the Debtors and the SGLP
Parties are authorized to enter into the New Agreements.  The New
Agreements, in substantially similar form to the copies filed with the Court on
March 24, 2009, including, but not limited to, the mutual releases, the
Terminalling Agreement Allowed Claim, and the Throughput Agreement Allowed Claim
contemplated by the Master Agreement, are approved in their entirety; provided, however that the New
Agreements shall only become effective upon the closing of the Transactions
contemplated by the Term Sheet (the “Closing”).  If
the New Agreements do become effective, then they may be modified, amended, or
supplemented without further order of the Court; provided, however, that any
such modification, amendment, or supplement is neither material nor changes the
economic substance of the transactions contemplated therein.

      2) As of and
subject to Closing, SemMaterials Energy Partners, L.L.C. (“SMEP”) shall have an
allowed general unsecured claim against SemMaterials, KC Asphalt, and SemGroup
(joint and several) in the amount of $35,000,000 as a result of the rejection of
the Terminalling and Storage Agreement; provided, however, that SMEP
shall be entitled to only one satisfaction on account thereof.

      3) As of and
subject to Closing, SGEP and SGLP together shall have a single allowed general
unsecured claim against SemCrude, Eaglwing, and SemGroup (joint and several) in
the amount of $20,000,000 as a result of the rejection of the Throughput
Agreement; provided, however, that SGEP
and SGLP shall be entitled to only one satisfaction on account
thereof.

      4) In order
to consummate the Transactions contemplated by the Settlement (as defined in the
First Order), the Debtors are authorized to create a new subsidiary (“Newco”) and the
Debtors are further authorized, solely in connection with the Closing, to
transfer all or any portions of the Transferred Assets (as defined in the First
Order), but no other assets, to Newco free and clear of any liens, claims or
encumbrances, if any, with any and all such valid and perfected liens, claims or
encumbrances to attach to the Debtors' ownership interests in Newco with the
same validity, priority, force, and effect such liens, claims, or encumbrances
had on the property immediately prior to the transfers of such assets, and
subject to the rights, claims, defenses, and objections, if any, of the Debtors
and all interested parties with respect to any such asserted liens, claims, or
encumbrances.  The Debtors are further authorized to transfer the
Debtors’  ownership interests in Newco together with the balance of
the Transferred Assets, if any, to the SGLP Parties and, in accordance with
Paragraph 8 of the First Order, the transfer of Debtors’ ownership interests in
Newco and the balance of the Transferred Assets, if any, to the SGLP Parties
shall be free and clear of all liens, claims and encumbrances, if any, with any
and all such valid and perfected liens, claims, or encumbrances to attach to the
assets transferred to the Debtors from the SGLP Parties pursuant to the
Settlement and the First Order with the same validity, priority, force, and
effect such liens, claims, or encumbrances had on the property immediately prior
to the transfers of such assets to Newco and/or to the SGLP Parties, and subject
to the rights, claims, defenses, and objections, if any, of the Debtors and all
interested Parties with respect to any such asserted liens, claims, or
encumbrances.  Newco will be neither a restricted subsidiary nor a
guarantor under the Amended and Restated Credit Agreement, dated as of October
18, 2005 (as amended, restated, modified or supplemented from time to time), or
the Debtor-in-Possession Credit Agreement, dated as of August 8, 2008 (as
amended, restated, modified or supplemented from time to time), or the
Indenture, dated as of November 18, 2005 (as amended, restated, modified or
supplemented from time to time).   In event the Closing does not
occur, the Debtors shall have no authority to transfer any assets to Newco, any
purported transfer of assets to Newco shall be deemed null and void ab initio, and the Debtors
shall take all actions necessary to ensure that there shall have been no release
of any liens, claims, or encumbrances on the Transferred Assets.  For
all purposes of paragraphs 8 and 9 of the First Order, the term “Transferred
Assets” shall include the Debtors’ ownership interests in Newco and the Debtors’
interest in the Soil Storage Tract, being approximately 6.36 acres, in Cushing,
Oklahoma referenced in the Master Agreement and ancillary
documents.

      5) If the
Closing occurs, then the following agreements shall be deemed rejected as of
March 31, 2009: (a) the Terminalling and Storage Agreement, (b) the Throughput
Agreement, (c) the Omnibus Agreement, (d) the Terminal Access and Use Agreement,
and (e) the SemGroup Guaranty (as defined in the Master Agreement).

      6) If the
Closing does not occur and the Court grants the relief requested in the
SemMaterials Motion over the Objection to the SemMaterials Motion filed by the
SGLP [Docket No. 3173], then the Terminalling and Storage Agreement shall be
deemed rejected as of February 26, 2009.

      7) Except as
provided in paragraph 6 above, this Order shall be without prejudice to the
rights of any party if the Closing does not occur.

      8) The
Debtors are authorized to enter into and perform all actions necessary to
implement and perform under the New Agreements without further order of this
Court.

      9) Notwithstanding
Bankruptcy Rule 6004(g), the terms and conditions of this Order shall be
immediately effective and enforceable upon its entry.

      10) This
Court shall retain jurisdiction over any and all matters arising from the
interpretation or implementation of this Order.

      Dated:                      
_____________, 2009

      Wilmington, Delaware

      _________________________________________

      THE
HONORABLE BRENDAN L. SHANNON,

       

      UNITED
STATES BANKRUPTCY JUDGE

       

      

      

      

       

      

        

      

        
        2
Capitalized terms not otherwise defined herein shall have the meaning ascribed
to them in the 9019 Motion (as defined below), the memorandum of law in support
there of (the “Memorandum”), or the
Settlement (as defined in the Memorandum), as the case may be.

         

      

        
        3 It should be noted that SemGroup Holdings, L.P. (6746)
(“SemGroup
Holdings”) is not a
jointly administered Debtor in these chapter 11 cases.  Nevertheless,
the relief requested herein shall apply to SemGroup Holdings,
L.P.

         

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
Q

       

      KANSAS
PIPELINE

       

      

       

      See
attached.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
R

       

      FORM
OF SEMGROUP LENDER RELEASE

       

      See
attached.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      PARTIAL
RELEASE

      

      R
e c i t a l s:

      

      1. Reference
is made to:

       

      (a) that
certain Amended and Restated Deed of Trust, Mortgage, Leasehold Mortgage,
Assignment of Leases and Rents, Security Agreement, Fixture Filing and Financing
Statement and Notice of Reinscription dated March 16, 2005, from SemCrude, L.P.,
a Delaware limited partnership ("SemCrude"), SemPipe, L.P., a
Texas limited partnership ("SemPipe"), SemFuel, L.P., a
Texas limited partnership ("SemFuel"), SemKan, L.L.C., an
Oklahoma limited liability company ("SemKan"), and SemMaterials,
L.P., formerly known as SemProducts, L.P., an Oklahoma limited partnership
("SemMaterials"), to the
Trustees named therein, and Bank of America, N.A., as Administrative Agent
("Agent"), which is
recorded, among other places, in the jurisdictions listed on Schedule 1 attached
hereto; and

       

      (b) that
certain Amended and Restated Deed of Trust, Amended and Restated Mortgage, Fee
and Leasehold Mortgage, Assignment of Leases and Rents, Security Agreement,
Fixture Filing and Financing Statement and Notice of Reinscription dated May 31,
2005, from SemCrude, SemPipe, SemFuel, SemKan and SemMaterials to the Trustees
named therein, and Agent, which is recorded, among other places, in the
jurisdictions listed on Schedule 1 attached
hereto;

       

      as such instruments have been amended
and supplemented by:

      

      (i) that
certain First Amendment and Supplement to Amended and Restated Deed of Trust,
Amended and Restated Mortgage, Fee and Leasehold Mortgage, Assignment of Leases
and Rents, Security Agreement, Fixture Filing and Financing Statement and Notice
of Reinscription dated October 18, 2005, from SemCrude, SemPipe, SemFuel,
SemKan, SemMaterials, K.C. Asphalt, L.L.C., a Colorado limited liability company
("KC. Asphalt"), SemGas, L.P., an
Oklahoma limited partnership ("SemGas"), and SemGas
Gathering, L.L.C., an Oklahoma limited liability company ("SemGas Gathering") to the Trustees
named therein, and Agent, which is recorded, among other places, in the
jurisdictions listed on Schedule 1 attached
hereto;

       

      (ii) that
certain Supplement to Amended and Restated Deed of Trust, Fee and Leasehold
Mortgage, Assignment of Leases and Rents, Security Agreement, Fixture Filing and
Financing Statement and Notice of Reinscription dated November 20, 2006, from
SemCrude, SemPipe, SemFuel, SemKan, SemMaterials, K.C. Asphalt, SemGas and
SemGas Gathering, to the Trustees named therein, and Agent, which is recorded,
among other places, in the jurisdictions listed on Schedule 1 attached
hereto;

       

      (iii)  that
certain Second Supplement to Amended and Restated Deed of Trust, Amended and
Restated Mortgage, Fee and Leasehold Mortgage, Assignment of Leases and Rents,
Security Agreement, Fixture Filing and Financing Statement and Notice of
Reinscription dated as of December 20, 2006, from SemCrude, SemPipe, SemFuel,
SemKan, SemMaterials, K.C. Asphalt, SemGas and SemGas Gathering to the Trustees
named therein, and Agent, which is recorded, among other places, in the
jurisdictions listed on Schedule 1 attached
hereto;

       

      (iv) that
certain Second Amendment to Amended and Restated Deed of Trust, Amended and
Restated Mortgage, Fee and Leasehold Mortgage, Assignment of Leases and Rents,
Security Agreement, Fixture Filing and Financing Statement and Notice of
Reinscription dated as of December 20, 2006, from SemCrude, SemPipe, SemFuel,
SemKan, SemMaterials, K.C. Asphalt, SemGas and SemGas Gathering to the Trustees
named therein, and Agent, which is recorded, among other places, in the
jurisdictions shown on Schedule 1 attached
hereto; and

       

      (v) that
certain Partial Release (the "Original Partial
Release") dated as of February 20,
2008, executed by Agent, SemMaterials and K.C. Asphalt, which is recorded, among
other places, in the jurisdictions shown on Schedule 1 attached
hereto.

       

      All of
the foregoing herein collectively called the "Mortgage".

      

      2. By virtue
of that certain Contribution Agreement dated as of January 28,
2008, among SemMaterials and K.C. Asphalt (collectively, the "Subject Mortgagors") and
SemMaterials Energy Partners, L.L.C., a Delaware limited liability company
("SMEP"), K.C. Asphalt
granted, contributed, transferred, assigned and conveyed to SMEP all right,
title and interest of K.C. Asphalt in and to the Conveyed Assets (as such term
is defined in the Original Partial Release), including, without limitation, K.C.
Asphalt's interests in and to that certain real property more particularly
described on Exhibit
B attached hereto (the "Conveyed Land"), but retained
and reserved the Retained Assets (as such term is defined in the Original
Partial Release), including, without limitation, the Retained Easements (as such
term is utilized in the Original Partial Release) and the Retained Leasehold
Agreements (as such term is utilized in the Original Partial Release), and
SemMaterials granted, contributed, transferred, assigned and conveyed to SMEP
all right, title and interest of SemMaterials in and to the Conveyed Assets,
including, without limitation, SemMaterial's interests in and to the Conveyed
Land, but retained and reserved the Retained Assets, including, without
limitation, the Retained Easements and the Retained Leasehold
Agreements.

       

      3. By virtue
of that certain Contribution, Conveyance, Assignment and Assumption Agreement
(the "2009 Contribution
Agreement") dated effective as of
the Effective Date (as defined below), among the Subject Mortgagors, SMEP and
SGLP Asphalt, L.L.C., a Texas limited liability company ("SGLP"), a copy of which is
attached hereto as Exhibit A, K.C.
Asphalt granted, contributed, transferred, assigned and conveyed to SGLP all
right, title and interest of K.C. Asphalt in and to the Asphalt Processing
Assets (as defined in the 2009 Contribution Agreement) owned by K.C. Asphalt,
but retained and reserved the Excluded Assets (as defined in the 2009
Contribution Agreement), and SemMaterials granted, contributed, transferred,
assigned and conveyed to SGLP all right, title and interest of SemMaterials in
and to the Asphalt Processing Assets owned by SemMaterials, but retained and
reserved the Excluded Assets.

       

      4. By virtue
of the 2009 Contribution Agreement, K.C. Asphalt granted, contributed,
transferred, assigned and conveyed to SMEP all right, title and interest of K.C.
Asphalt in, to and under the Retained Leasehold Agreements held by K.C. Asphalt,
and SemMaterials granted, contributed, transferred, assigned and conveyed to
SMEP all right, title and interest of SemMaterials in, to and under the Retained
Leasehold Agreements held by SemMaterials.

       

      5. By virtue
of the 2009 Contribution Agreement, Subject Mortgagors terminated and released
all of their right, title and interest in and to the Retained
Easements.

       

      6. Pursuant
to the Original Partial Release, Agent has previously released and discharged
the liens and security interests created by the Mortgage against the Conveyed
Assets.

       

      7. For
purposes of this Partial Release, the term "Released Assets" means,
collectively, the Asphalt Processing Assets, the Retained Leasehold Agreements
and the Retained Easements.

       

      1.           Release:

       

      NOW,
THEREFORE, for and in consideration of the premises and other good and valuable
consideration, Agent has RELEASED and DISCHARGED, and by these presents does
hereby RELEASE and DISCHARGE the Released Assets from the liens and security
interests created by the Mortgage; SAVE AND EXCEPT, the Excluded
Assets.  Agent hereby terminates the assignment of “Rents” made in
favor of Agent under Article III of the Mortgage insofar as said assignment
relates to the Released Assets.

       

      IT
IS EXPRESSLY UNDERSTOOD AND AGREED THAT THIS IS A PARTIAL RELEASE RELATING
SOLELY TO THE RELEASED ASSETS SAVE AND EXCEPT THE EXCLUDED
ASSETS.  THIS PARTIAL RELEASE SHALL IN NO WAY RELEASE, AFFECT OR
IMPAIR AGENT'S RIGHTS, TITLES, INTERESTS, SECURITY INTERESTS AND LIENS AGAINST
ANY OTHER INTERESTS OR PROPERTY DESCRIBED IN AND/OR COVERED BY THE
MORTGAGE.  BY THEIR ACCEPTANCE OF THIS PARTIAL RELEASE, AND SUBJECT TO
THE TERMS HEREOF, EACH MORTGAGOR (AS DEFINED IN THE MORTGAGE) HEREBY RATIFIES
AND CONFIRMS THE MORTGAGE AND THE OTHER “LOAN DOCUMENTS” REFERRED TO THEREIN IN
ALL RESPECTS (OTHER THAN WITH RESPECT TO THOSE PROPERTIES RELEASED HEREBY AND
PREVIOUSLY RELEASED IN WRITING BY THE BENEFICIARY OF THE LIENS AND SECURITY
INTERESTS CREATED BY THE MORTGAGE, THE “RELEASED PROPERTIES”) AND FURTHER
CONFIRMS AND ADMITS THAT IT REMAINS OBLIGATED AS PROVIDED
THEREIN.  MORTGAGOR ADDITIONALLY CONFIRMS AND ADMITS THAT ITS
PROPERTIES COVERED BY THE MORTGAGE, EXCEPT FOR THE RELEASED PROPERTIES, REMAIN
SUBJECT TO THE LIENS AND SECURITY INTERESTS PROVIDED THEREIN.

      

      Without
limiting the foregoing paragraph, each Subject Mortgagor, upon and subject to
all the terms, covenants, provisions, conditions and authorization set forth in
the Mortgage in order to secure the payment of the secured indebtedness referred
to in the Mortgage and the performance of the obligations, covenants,
agreements, warranties and undertakings of Mortgagor described in the Mortgage,
does hereby (a) with respect to the Excluded Assets which are located in (or
cover properties located in) the States of Missouri, Montana, Nevada, Tennessee,
Texas, Utah and Washington, GRANT, BARGAIN, SELL, CONVEY, TRANSFER, ASSIGN AND
SET OVER to the applicable Trustee and grant to the applicable Trustee a POWER
OF SALE (pursuant to the Mortgage and as allowed by applicable Law) with respect
to the Excluded Assets located in such states; and (b) with respect to the
Excluded Assets which are located in (or cover properties located in) the States
of Arkansas, Colorado, Idaho, Illinois, Indiana, Kansas, New Jersey and
Oklahoma, MORTGAGE AND WARRANT, ASSIGN, PLEDGE, HYPOTHECATE, GRANT, BARGAIN,
SELL, CONVEY AND CONFIRM to Agent, and grant to Agent a POWER OF SALE (pursuant
to the Mortgage and as allowed by applicable Law), with respect to the Excluded
Assets which are located in such states, and (c) confirms that this Partial
Release shall in no way release affect or impair the Trustee’s or Agent’s
rights, titles, interests, security interests and liens against the Excluded
Assets.

      

      This
Partial Release may be executed in several counterparts, all of which are
identical except that to facilitate recordation, certain counterparts hereof may
include only that portion of Exhibit B which
contains certain descriptions of the properties located in (or otherwise subject
to the recording or filing requirements and/or protections of the recording or
filing acts or regulations of) the recording jurisdiction in which the
particular counterpart is to be recorded, and other portions of Exhibit B shall be
included in such counterparts by reference only.  All of such
counterparts together shall constitute one and the same
instrument.  Exhibit A shall
be excluded in its entirety for recording purposes in all jurisdictions and
shall be included by reference only.  Complete copies of this Partial
Release containing Exhibit A and the
entire Exhibit
B have been retained by the Subject Mortgagors and Agent.

      

      [Remainder of page intentionally left
blank.]

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

       

      Executed
by each party on the date specified in the acknowledgment of such party, but
effective for all purposes as of the 31st day of March, 2009 (the "Effective Date").

       

      BANK OF
AMERICA, N.A.,

       

      as
Administrative Agent

       

      

       

      By:                                                                

      Jay T. Wampler

      Senior Vice President

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      SEMMATERIALS,
L.P.

      

      By:           SemOperating
G.P., L.L.C.,

      its general partner

      

      

      By:                                                                           

      Terrence Ronan

      President and Chief Executive
Officer

      

      

      

      K. C.
ASPHALT, L.L.C.

      

      By:           
SemMaterials, L.P.,

      its sole member and
manager

      

      By:           SemOperating
G.P., L.L.C.,

      its general partner

      

      

      By:                                                                

      Terrence Ronan

      President and Chief Executive
Officer

      

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

       

      STATE OF
TEXAS                                                                    
 §

       

             
§

       

      COUNTY OF
DALLAS                                                               §

       

      This
instrument was acknowledged before me on April __, 2009, by Jay T. Wampler, a
Senior Vice President of Bank of America, N.A., a national banking association,
on behalf of such national banking association, acting individually and as
Administrative Agent.

       

      On this
______ day of April, 2009, before me, a Notary Public in and for said State,
personally appeared Jay T. Wampler, to me personally known, who being by me duly
sworn did say that he is a Senior Vice President of Bank of America, N.A., a
national banking association, and that this instrument was signed on behalf of
said national banking association, and said Jay T. Wampler acknowledged to me
that he executed the same for the purposes therein stated, and as his free act
and deed and as the free act and deed of said national banking
association.

       

      

       

      NOTARY
PUBLIC IN AND FOR THE STATE OF TEXAS

       

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      

      STATE OF
TEXAS                                                           
§

       

                                   
§

       

      COUNTY OF
DALLAS                                                     §

       

      

       

      
        	
                Arkansas,
      Colorado, Idaho, Illinois, Indiana, Kansas, Montana, Nevada, Oklahoma,
      Texas, Washington, Wisconsin, or Wyoming

              	
                The
      foregoing instrument was acknowledged before me on this ___ day of April,
      2009, by Terrence Ronan, President and Chief Executive Officer of
      SemOperating G.P., L.L.C., an Oklahoma limited liability company, in its
      capacity as the general partner of SemMaterials, L.P., for itself and as
      sole member of K.C. Asphalt, L.L.C.

              
	
                Missouri

              	
                On
      this ______ day of April, 2009, before me, a Notary Public in and for said
      State, personally appeared Terrence Ronan, to me personally known, who
      being by me duly sworn did say that he is the President and Chief
      Executive Officer of SemOperating G.P., L.L.C., and that said instrument
      was signed on behalf of said limited liability company, on behalf of
      SemMaterials, L.P. for itself and as sole member of K.C. Asphalt, L.L.C.,
      and said Terrence Ronan acknowledged to me that he executed the same for
      the purposes therein stated, and as his free act and deed and as the free
      act and deed of said limited liability company on behalf of said limited
      partnership, for itself and as sole member of K.C. Asphalt,
      L.L.C.

              
	
                Tennessee

                 

                 

                 

                 

                 

              	
                Before
      me, the undersigned, a Notary Public in and for the County and State
      aforesaid, personally appeared Terrence Ronan, with whom I am personally
      acquainted (or proved to me on the basis of satisfactory evidence), and
      who upon oath acknowledged himself to be President and Chief Executive
      Officer of SemOperating G.P., L.L.C., an Oklahoma limited liability
      company, in its capacity as the general partner of SemMaterials, L.P., on
      behalf of said partnership, for itself and as sole member of K.C. Asphalt,
      L.L.C., the within named Subject Mortgagors, and that Terrence Ronan as
      such President and Chief Executive Officer, being authorized so to do,
      executed the foregoing instrument for the purposes therein contained, by
      signing the name of the limited liability company as President and Chief
      Executive Officer.

                 

              

      

      

       

      IN
WITNESS WHEREOF, I have hereunto set my hand and official seal in the City of
Dallas, Dallas County, Texas, on the day and year first above
written.

       

      
        	
                 

                [STAMP]

                 

              	
                 

                 

                NOTARY
      PUBLIC, in and for the State of Texas

                 Printed
      Name:________________________________

                 

              

      

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      SCHEDULE
1

       

      
        	
                1.  

              	
                Amended
      and Restated Deed of Trust, Mortgage, Leasehold Mortgage, Assignment of
      Leases and Rents, Security Agreement, Fixture Filing and Financing
      Statement and Notice of Reinscription by and Among SemCrude, L.P.,
      SemPipe, L.P., SemFuel, SemKan, L.L.C. and SemProducts, L.P., as
      Mortgagors, (Kansas,
      Louisiana, Oklahoma & Texas)to PRLAP, Inc., Trustee, and Bank
      of America, N.A., Administrative Agent, dated effective as of
      March 16,
      2005 (Multi-State
      mortgage)

              

      

       

      
        	
                Recording Jurisdiction

              	
                Recording Data

                 

              
	
                Barber
      County, Kansas

              	
                Book
      175, Page 117

                Recorded
      03/29/05

              
	 
      	 
      
	
                Barton
      County, Kansas

              	
                Book
      612, Page 6667

                Recorded
      03/29/05

              
	 
      	 
      
	
                Butler
      County, Kansas

              	
                Mortgage
      #638

                Book
      1320, Page 196

                Recorded
      03/29/05

              
	 
      	 
      
	
                Edwards
      County, Kansas

              	
                Book
      76, Page 55

                Recorded
      03/25/05

              
	 
      	 
      
	
                Ellis
      County, Kansas

              	
                Book
      616, Page 1

                Recorded
      03/29/05

              
	 
      	 
      
	
                Greenwood
      County, Kansas

              	
                Mtg.
      Book 283, Page 395

                Recorded
      03/25/05

              
	 
      	 
      
	
                Harper
      County, Kansas

              	
                Book
      131, Page 1054

                Recorded
      03/29/05

              
	 
      	 
      
	
                Harvey
      County, Kansas

              	
                Document
      #104311

                Book
      492, Page(s) 141-212

                Recorded
      04/14/05

              
	 
      	 
      
	
                Haskell
      County, Kansas

              	
                Volume
      175, Page(s) 409-473

                Recorded
      03/28/05

                (Affidavit
      Recorded Separately)

                Affidavit
      – Vol. 175, Page 474

              
	 
      	 
      
	
                Hodgeman
      County, Kansas

              	
                Book
      58, Page 54

                Recorded
      03/28/05

              
	 
      	 
      
	
                Kingman
      County, Kansas

              	
                Mtg.
      Book 255, Page 38

                Recorded
      03/29/05

              
	 
      	 
      
	
                Kiowa
      County, Kansas

              	
                Book
      74, Page 1535

                Recorded
      03/24/05

              
	 
      	 
      
	
                Morton
      County, Kansas

              	
                Book
      135, Page 617

                Recorded
      03/28/05

              
	 
      	 
      
	
                Ness
      County, Kansas

              	
                Book
      292, Page 313

                Recorded
      03/30/05

              
	 
      	 
      
	
                Norton
      County, Kansas

              	
                Book
      138A, Page(s) 501-565

                Recorded
      03/24/05

              
	 
      	 
      
	
                Pawnee
      County, Kansas

              	
                Document
      #2005-439

                Book
      191 of Mtgs., Page 131

                Recorded
      03/25/05

              
	 
      	 
      
	
                Pratt
      County, Kansas

              	
                Book
      302, Page 316

                Recorded
      03/28/05

              
	 
      	 
      
	
                Reno
      County, Kansas

              	
                Multi
      County Mortgage

                Book
      800, Page 379

                Recorded
      04/01/05

                 

                Assignment
      Leases & Rents

                Book
      396, Page 358

                Recorded
      04/01/05

              
	 
      	 
      
	
                Rice
      County, Kansas

              	
                Document
      #200500837

                Mrtg.
      #106

                Book
      Mtg. 268, Page 703

                Recorded
      03/29/05

              
	 
      	 
      
	
                Rooks
      County, Kansas

              	
                Book
      346, Page 192

                Recorded
      03/25/05

              
	 
      	 
      
	
                Rush
      County, Kansas

              	
                Book
      69 of Mtge., Page 561

                Recorded
      03/28/05

              
	 
      	 
      
	
                Sedgwick
      County, Kansas

              	
                Document
      #/Flm-Pg. 28659186

                Recorded
      03/25/05

              
	 
      	 
      
	
                Seward
      County, Kansas

              	
                Document
      #840

                Volume
      577, Page 315

                Recorded
      03/25/05

              
	 
      	 
      
	
                Stafford
      County, Kansas

              	
                Book
      184, Page 487

                Recorded
      03/28/05

              
	 
      	 
      
	
                Sumner
      County, Kansas

              	
                Book
      0681, Page 0131

                Recorded
      03/31/05

              
	 
      	 
      
	
                Trego
      County, Kansas

              	
                Book
      131, Page 119

                Recorded
      03/28/05

              
	 
      	 
      
	
                Cameron
      Parish, Louisiana

              	
                File
      #291547

                Conveyance
      Book 1000

                Mortgage
      Book 301

                Recorded
      03/21/05

              
	 
      	 
      
	
                Terrebonne
      Parish, Louisiana

              	
                File
      #1205022

                Book
      1752, Page 189

                Recorded
      03/22/05

              
	 
      	 
      
	
                Vermilion
      Parish, Louisiana

              	
                Document
      #20503022

                in
      Mtg. Book

                Recorded
      03/21/05

              
	 
      	 
      
	
                Alfalfa
      County, Oklahoma

              	
                Document
      #030922

                Book
      581, Page 79

                Recorded
      03/22/05

              
	 
      	 
      
	
                Beaver
      County, Oklahoma

              	
                Document
      #1-2005-000847

                Book
      1133, Page(s) 0147-0211

                Recorded
      03/22/05

              
	 
      	 
      
	
                Caddo
      County, Oklahoma

              	
                Instrument
      #200500003079

                Book
      Amended Mtg.

                Volume
      2522m Pages 768-840

                Recorded
      03/22/05

              
	 
      	 
      
	
                Canadian
      County, Oklahoma

              	
                Document
      #R 2005 6230

                Book
      RB 3039, Pages 917-981

                Recorded
      03/22/05

              
	 
      	 
      
	
                Cleveland
      County, Oklahoma

              	
                Document
      #R 2005 11607

                Book
      RB 3970, Page 1227

                Recorded
      03/22/05

              
	 
      	 
      
	
                Creek
      County, Oklahoma

              	
                Document
      #05 4205

                Book
      562, Page(s) 269-422

                Recorded
      03/24/05

              
	 
      	 
      
	
                Garfield
      County, Oklahoma

              	
                Document
      #3164

                Book
      1749, Page 288

                Recorded
      03/22/05

              
	 
      	 
      
	
                Garvin
      County, Oklahoma

              	
                Document
      #1-2005-002330

                Book
      1728, Page 827

                Recorded
      03/22/05

              
	 
      	 
      
	
                Kay
      County, Oklahoma

              	
                Document
      #1-2005-002486

                Book
      1309, Page(s) 0061-0183

                Recorded
      03/29/05

              
	 
      	 
      
	
                Kingfisher,
      Oklahoma

              	
                Document
      #1148

                Book
      2000, Page 001

                Recorded
      03/22/05

              
	 
      	 
      
	
                Lincoln
      County, Oklahoma

              	
                Document
      #02940

                Book
      1638, Page 264

                Recorded
      03/25/05

              
	 
      	 
      
	
                Major
      County, Oklahoma

              	
                Document
      #1-2005-004399

                Book
      1625, Page 0437-0501

                Recorded
      03/22/05

              
	 
      	 
      
	
                McClain
      County, Oklahoma

              	
                Document
      #1-2005-002189

                Book
      1739, Page 503

                Recorded
      03/22/05

              
	 
      	 
      
	
                Murray
      County, Oklahoma

              	
                Document
      #1-2005-000891

                Book
      0763, Page 214

                Recorded
      03/22/05

              
	 
      	 
      
	
                Noble
      County, Oklahoma

              	
                Document
      #2005-874

                Volume
      605, Page(s) 205-315

                Recorded
      03/22/05

              
	 
      	 
      
	
                Okfuskee
      County, Oklahoma

              	
                Document
      #381213

                Book
      967, Page 804

                Recorded
      03/22/05

              
	 
      	 
      
	
                Oklahoma
      County, Oklahoma

              	
                Document
      #2005043383

                Book
      9654, Page(s) 220-284

                Recorded
      03/28/05

              
	 
      	 
      
	
                Pawnee
      County, Oklahoma

              	
                Document
      #0929

                Book
      595, Page 182

                Recorded
      03/22/05

              
	 
      	 
      
	
                Payne
      County, Oklahoma

              	
                Document
      #1-2005-004788

                Book
      1559, Page(s) 0869-1014

                Recorded
      04/06/05

              
	 
      	 
      
	
                Pottawatomie
      County, Oklahoma

              	
                Instrument
      #200500003983

                Recorded
      03/22/05

              
	 
      	 
      
	
                Rogers
      County, Oklahoma

              	
                Document
      #005018

                Volume
      1664 Page 501

                Recorded
      03/22/05

              
	 
      	 
      
	
                Seminole
      County, Oklahoma

              	
                Document
      #2062

                Book
      2692, Page 1

                Recorded
      03/24/05

              
	 
      	 
      
	
                Stephens
      County, Oklahoma

              	
                Document
      #73-3404

                Book
      3121, Page 19

                Recorded
      03/23/05

              
	 
      	 
      
	
                Texas
      County, Oklahoma

              	
                Document
      #2005-677654

                Book
      1112, Page 572

                Recorded
      03/23/05

              
	 
      	 
      
	
                Tulsa
      County, Oklahoma

              	
                Document
      #2005060417

                Recorded
      05/26/05

              
	 
      	 
      
	
                Anderson
      County, Texas

              	
                Instrument
      #0502082

                Volume
      1898, Page 0103

                Recorded
      03/17/05

              
	 
      	 
      
	
                Austin
      County, Texas

              	
                Document
      #051596

                Recorded
      03/17/05

              
	 
      	 
      
	
                Brazoria
      County, Texas

              	
                Document
      #2005014862

                Recorded
      03/17/05

              
	 
      	 
      
	
                Camp
      County, Texas

              	
                File
      #17,499

                Volume
      196, Page 126

                Recorded
      03/17/05

              
	 
      	 
      
	
                Cherokee
      County, Texas

              	
                Document
      #00536877

                Book
      OR, Vol. 1709 Page 746

                Recorded
      03/17/05

              
	 
      	 
      
	
                Fort
      Bend County, Texas

              	
                Document
      #2005032786

                Recorded
      03/23/05

              
	 
      	 
      
	
                Franklin
      County, Texas

              	
                Document
      #101772

                Volume
      126, Page 283

                Recorded
      03/17/05

              
	 
      	 
      
	
                Galveston
      County, Texas

              	
                Document
      #GAC 2005016774

                Recorded
      03/17/05

              
	 
      	 
      
	
                Gregg
      County, Texas

              	
                Document
      #GCC 200505694

                Recorded
      03/17/05

              
	 
      	 
      
	
                Harris
      County, Texas

              	
                Document
      #Y331365

                Microfilm
      #RP ###-##-####

                Recorded
      03/17/05

              
	 
      	 
      
	
                Hopkins
      County, Texas

              	
                Document
      #1764

                Volume
      522, Page 248

                Recorded
      03/17/05

              
	 
      	 
      
	
                Montgomery
      County, Texas

              	
                Document
      #2005-027562

                Microfilm
      ####-##-####

                Recorded
      03/17/05

              
	 
      	 
      
	
                Moore
      County, Texas

              	
                Document
      #155348

                Book
      600, Page 393

                Recorded
      03/29/05

              
	 
      	 
      
	
                Potter
      County, Texas

              	
                Document
      #01047425

                Volume
      3582, Page 525

                Recorded
      03/17/05

              
	 
      	 
      
	
                Rusk
      County, Texas

              	
                Document
      #009500

                Volume
      2539, Page 062

                Recorded
      03/17/05

              
	 
      	 
      
	
                Smith
      County, Texas

              	
                Document
      #2005-R0013005

                Volume
      7745, Page 002

                Recorded
      03/17/05

              
	 
      	 
      
	
                Titus
      County, Texas

              	
                Document
      #001640

                Volume
      1708, Page 165

                Recorded
      03/17/05

              
	 
      	 
      
	
                Upshur
      County, Texas

              	
                Document
      #200502200

                Recorded
      03/17/05

              
	 
      	 
      
	
                Waller
      County, Texas

              	
                Document
      #501977

                Volume
      0885, Page 486

                Recorded
      03/17/05

              
	 
      	 
      
	
                Wood
      County, Texas

              	
                Document
      #00033296

                Book
      02066, Page 00577

                Recorded
      03/17/05

              

      

      

      
        	
                2.  

              	
                Amended
      and Restated Deed of Trust(for Missouri, Montana,
      Nevada, Tennessee, Texas and Washington), Amended and Restated
      Mortgage (for Arkansas,
      Colorado, Itado, Illinois, Inidana, Kansas, Louisiana, Oklahoma,
      Wisconsin, and Wyoming), Fee and Leasehold Mortgage, Assignment of
      Leases and Rents, Security Agreement, Fixture Filing and Financing
      Statement and Notice of Reinscription from SemCrude, L.P., SemPipe, L.P.,
      SemFuel, SemKan, L.L.C. and SemMaterials, L.P., as Mortgagors, to PRLAP,
      Inc., et al, Trustees, and Bank of American, N.A., Administrative Agent,
      dated effective as of May
      31, 2005
      (Multi-State mortgage)

              

      

      

      
        	
                Recording Jurisdiction

                 

              	
                Recording Data

              
	
                Pulaski
      County, Arkansas

              	
                Document
      #2005047639

                Recorded
      06/07/05

              
	 
      	 
      
	
                Adams
      County, Colorado

              	
                Document
      #20050606000592940

                Recorded
      06/06/05

              
	 
      	 
      
	
                Mesa
      County, Colorado

              	
                Document
      #2257581

                Book
      3913, Page 210

                Recorded
      06/06/05

              
	 
      	 
      
	
                Pueblo
      County, Colorado

              	
                Document
      #1623371

                Recorded
      06/06/05

              
	 
      	 
      
	
                Ada
      County, Idaho

              	
                Document
      #105071967

                Recorded
      06/03/05

              
	 
      	 
      
	
                Peoria
      County, Illinois

              	
                Document
      #05-20529

                Recorded
      06/29/05

              
	 
      	 
      
	
                Kosciusko
      County, Indiana

              	
                Document
      #200500007798

                Recorded
      06/03/05

              
	 
      	 
      
	
                Barber
      County, Kansas

              	
                Book
      176, Page 323

                Recorded
      07/11/05

              
	 
      	 
      
	
                Barton
      County, Kansas

              	
                Receipt
      #72499

                Book
      612, Page 8767

                Recorded
      07/08/05

              
	 
      	 
      
	
                Butler
      County, Kansas

              	
                Mortgage
      #1798

                Book
      1339, Page 1572

                Recorded
      07/08/05

              
	 
      	 
      
	
                Edwards
      County, Kansas

              	
                Book
      77, Page 25

                Recorded
      07/05/05

              
	 
      	 
      
	
                Ellis
      County, Kansas

              	
                Book
      623, Page 733

                Recorded
      07/08/05

              
	 
      	 
      
	
                Ford
      County, Kansas

              	
                Book
      333 at Mtgs, Page 662

                Recorded
      07/08/05

              
	 
      	 
      
	
                Greenwood
      County, Kansas

              	
                Mtg.
      Book 285, Page 187

                Recorded
      07/07/05

              
	 
      	 
      
	
                Harper
      County, Kansas

              	
                Book
      132, Page 173

                Recorded
      07/12/05

              
	 
      	 
      
	
                Harvey
      County, Kansas

              	
                Document
      #106170

                Mrtg.
      Book 497, Page 439

                Recorded
      07/15/05

              
	 
      	 
      
	
                Haskell
      County, Kansas

              	
                Book
      176, Page 233

                Recorded
      06/13/05

              
	 
      	 
      
	
                Hodgeman
      County, Kansas

              	
                Book
      59, Page 15

                Recorded
      07/12/05

              
	 
      	 
      
	
                Kingman
      County, Kansas

              	
                Mtg.
      Book 257, Page 44

                Recorded
      07/08/05

              
	 
      	 
      
	
                Kiowa
      County, Kansas

              	
                Book
      74, Page 1574

                Recorded
      07/05/05

              
	 
      	 
      
	
                Morton
      County, Kansas

              	
                Book
      137, Page 399

                Recorded
      07/05/05

              
	 
      	 
      
	
                Ness
      County, Kansas

              	
                Book
      294, Page 411

                Recorded
      07/11/05

              
	 
      	 
      
	
                Norton
      County, Kansas

              	
                Book
      140A, Page 179

                Recorded
      07/08/05

              
	 
      	 
      
	
                Pawnee
      County, Kansas

              	
                Document
      #2005-955

                Mtge.
      Book 193, Page 24

                Recorded
      07/06/05

              
	 
      	 
      
	
                Pratt
      County, Kansas

              	
                Book
      305, Page 565

                Recorded
      07/05/05

              
	 
      	 
      
	
                Reno
      County, Kansas

              	
                Mortgage:

                Book
      802, Page 425

                Recorded
      07/13/05

                Assignment of Rents &
      Leases:

                Book
      399, Page 357

                Recorded
      07/13/05

              
	 
      	 
      
	
                Rice
      County, Kansas

              	
                Document
      #200501932

                Mrtg.
      #268

                Mtg.
      Book 270, Page 588

                Recorded
      07/08/05

              
	 
      	 
      
	
                Rooks
      County, Kansas

              	
                Book
      349, Page 130

                Recorded
      07/08/05

              
	 
      	 
      
	
                Rush
      County, Kansas

              	
                Book
      70 of Mtge., Page 52

                Recorded
      07/05/05

              
	 
      	 
      
	
                Saline
      County, Kansas

              	
                Book
      1113, Page 1

                Recorded
      09/15/05

              
	 
      	 
      
	
                Sedgwick
      County, Kansas

              	
                Doc#/FLM-PG
      28693570

                Recorded
      07/18/05

              
	 
      	 
      
	
                Seward
      County, Kansas

              	
                Document
      #1880

                Vol.
      580, Page 779

                Recorded
      07/08/05

              
	 
      	 
      
	
                Stafford
      County, Kansas

              	
                Book
      186, Page 298

                Recorded
      07/08/05

              
	 
      	 
      
	
                Sumner
      County, Kansas

              	
                Photo
      Book 690, Page 210

                Recorded
      07/18/05

              
	 
      	 
      
	
                Trego
      County, Kansas

              	
                Book
      132 of Records, Page 593

                Recorded
      07/08/05

              
	 
      	 
      
	
                Cameron
      Parish, Louisiana

              	
                Document
      #292956

                Conveyance
      Book 1003

                Mortgage
      Book 303

                Recorded
      06/07/05

              
	 
      	 
      
	
                Terrebonne
      Parish, Louisiana

              	
                File
      #1212105

                Book
      1779, Page 459

                Recorded
      06/14/05

              
	 
      	 
      
	
                Vermilion
      Parish, Louisiana

              	
                Document
      #20506512

                Mortgage
      Book

                Recorded
      06/07/05

              
	 
      	 
      
	
                New
      Madrid County, Missouri

              	
                Book
      669, Page 30

                Recorded
      06/07/05

              
	 
      	 
      
	
                Pettis
      County, Missouri

              	
                Document
      #2005-3838

                Recorded
      06/08/05

              
	 
      	 
      
	
                Yellowstone
      County, Montana

              	
                Document
      #3335342

                Recorded
      06/03/05

              
	 
      	 
      
	
                Clark
      County, Nevada

              	
                Document
      #20050606-0000439

                Recorded
      06/06/05

              
	 
      	 
      
	
                Alfalfa
      County, Oklahoma

              	
                Document
      #031489

                Book
      582, Page 763

                Recorded
      06/07/05

              
	 
      	 
      
	
                Beaver
      County, Oklahoma

              	
                Document
      #1-2005-001682

                Book
      1137, Page 93

                Recorded
      06/08/05

              
	 
      	 
      
	
                Caddo
      County, Oklahoma

              	
                Document
      #200500005844

                Vol.
      2532, Page 431

                Recorded
      06/08/05

              
	 
      	 
      
	
                Canadian
      County, Oklahoma

              	
                Document
      #R 2005 13310

                Book
      RB 3068, Page 1000

                Recorded
      06/07/05

              
	 
      	 
      
	
                Cleveland
      County, Oklahoma

              	
                Document
      #R 2005 24675

                Book
      RB 4010, Page 686

                Recorded
      06/07/05

              
	 
      	 
      
	
                Comanche
      County, Oklahoma

              	
                Document
      #2005011725

                Book
      4698, Page 1

                Recorded
      06/10/05

              
	 
      	 
      
	
                Creek
      County, Oklahoma

              	
                Document
      #05 8753

                Book
      569, Page 1657

                Recorded
      06/15/05

              
	 
      	 
      
	
                Garfield
      County, Oklahoma

              	
                Document
      #6230

                Book
      1760, Page 232

                Recorded
      06/08/05

              
	 
      	 
      
	
                Garvin
      County, Oklahoma

              	
                Document
      #1-2005-004634

                Book
      1736, Page 658

                Recorded
      06/07/05

              
	 
      	 
      
	
                Kay
      County, Oklahoma

              	
                Document
      #1-2005-005029

                Book
      1317, Page 683

                Recorded
      06/14/05

              
	 
      	 
      
	
                Kingfisher,
      Oklahoma

              	
                Document
      #2240

                Book
      2012, Page 171

                Recorded
      06/07/05

              
	 
      	 
      
	
                Lincoln
      County, Oklahoma

              	
                Document
      #05478

                Book
      1647, Page 499

                Recorded
      06/08/05

              
	 
      	 
      
	
                Major
      County, Oklahoma

              	
                Document
      #1-2005-005299

                Book
      1631, Page 456

                Recorded
      06/07/05

              
	 
      	 
      
	
                McClain
      County, Oklahoma

              	
                Document
      #1-2005-004779

                Book
      1749, Page 449

                Recorded
      06/07/05

              
	 
      	 
      
	
                Murray
      County, Oklahoma

              	
                Document
      #1-2005-001892

                Book
      774, Page 94

                Recorded
      06/07/05

              
	 
      	 
      
	
                Noble
      County, Oklahoma

              	
                Document
      #2005-1702

                Book
      608, Page 573

                Recorded
      06/07/05

              
	 
      	 
      
	
                Okfuskee
      County, Oklahoma

              	
                Document
      #382569

                Book
      971, Page 683

                Recorded
      06/08/05

              
	 
      	 
      
	
                Oklahoma
      County, Oklahoma

              	
                Document
      #000165

                Book
      9745, Page 1162

                Recorded
      06/15/05

              
	 
      	 
      
	
                Pawnee
      County, Oklahoma

              	
                Document
      #1909

                Book
      598, Page 245

                Recorded
      06/08/05

              
	 
      	 
      
	
                Payne
      County, Oklahoma

              	
                Document
      #1-2005-008407

                Book
      1572, Page 767

                Recorded
      06/07/05

              
	 
      	 
      
	
                Pottawatomie
      County, Oklahoma

              	
                Document
      #200500007856

                Recorded
      06/07/05

              
	 
      	 
      
	
                Rogers
      County, Oklahoma

              	
                Document
      #010051

                Vol.
      1684, Page 776

                Recorded
      06/07/05

              
	 
      	 
      
	
                Seminole
      County, Oklahoma

              	
                Document
      #4148

                Book
      2712, Page 92

                Recorded
      06/07/05

              
	 
      	 
      
	
                Stephens
      County, Oklahoma

              	
                Document
      #73-7128

                Book
      3163, Page 4

                Recorded
      06/07/05

              
	 
      	 
      
	
                Texas
      County, Oklahoma

              	
                Document
      #2005-678773

                Book
      1117, Page 10

                Recorded
      06/07/05

              
	 
      	 
      
	
                Tulsa
      County, Oklahoma

              	
                Document
      #2005071877

                Recorded
      06/22/05

              
	 
      	 
      
	
                Shelby
      County, Tennessee

              	
                Document
      #05086979

                Recorded
      06/06/05

              
	 
      	 
      
	
                Anderson
      County, Texas

              	
                Document
      #0504675

                Vol.
      1911, Page 553

                Recorded
      06/06/05

              
	 
      	 
      
	
                Austin
      County, Texas

              	
                Document
      #053351

                Recorded
      06/06/05

              
	 
      	 
      
	
                Brazoria
      County, Texas

              	
                Document
      #2005031465

                Recorded
      06/06/05

              
	 
      	 
      
	
                Camp
      County, Texas

              	
                File
      #18,287

                Vol.
      200, Page 478

                Recorded
      06/06/05

              
	 
      	 
      
	
                Cherokee
      County, Texas

              	
                Document
      #00539533

                OR
      Book, Vol. 1723, Page 180

                Recorded
      06/06/05

              
	 
      	 
      
	
                Fort
      Bend County, Texas

              	
                Document
      #2005064877

                Recorded
      06/06/05

              
	 
      	 
      
	
                Franklin
      County, Texas

              	
                Document
      #102878

                Vol.
      131, Page 329

                Recorded
      06/06/05

              
	 
      	 
      
	
                Galveston
      County, Texas

              	
                Document
      #GAC 2005036889

                Recorded
      06/06/05

              
	 
      	 
      
	
                Gregg
      County, Texas

              	
                Document
      # GCC 200512335

                Recorded
      06/06/05

              
	 
      	 
      
	
                Harris
      County, Texas

              	
                Document
      #Y519929

                Microfilm
      #RP ###-##-####

                Recorded
      06/07/05

              
	 
      	 
      
	
                Hopkins
      County, Texas

              	
                Document
      #3562

                Vol.
      532, Page 1

                Recorded
      06/06/05

              
	 
      	 
      
	
                Lubbock
      County, Texas

              	
                Document
      #21309

                Vol.
      9878, Page 1

                Recorded
      06/03/05

              
	 
      	 
      
	
                Montgomery
      County, Texas

              	
                Document
      #2005-058884

                Microfilm
      ####-##-####

                Recorded
      06/06/05

              
	 
      	 
      
	
                Moore
      County, Texas

              	
                Document
      #156211

                Book
      604, Page 542

                Recorded
      06/14/05

              
	 
      	 
      
	
                Potter
      County, Texas

              	
                Document
      #01052832

                Vol.
      3611, Page 485

                Recorded
      06/06/05

              
	 
      	 
      
	
                Rusk
      County, Texas

              	
                Document
      #013230

                Vol.
      2559, Page 43

                Recorded
      06/06/05

              
	 
      	 
      
	
                Smith
      County, Texas

              	
                Document
      #2005-R0027265

                Vol.
      7808, Page 291

                Recorded
      06/06/05

              
	 
      	 
      
	
                Tarrant

              	
                Instrument
      #D205158475

                CLTC
      GF#2311000217

                Recorded
      06/06/05

              
	 
      	 
      
	
                Titus
      County, Texas

              	
                Document
      #3264

                Vol.
      1732, Page 101

                Recorded
      06/06/05

              
	 
      	 
      
	
                Travis

              	
                Document
      #2005102002

                Recorded
      06/08/05

              
	 
      	 
      
	
                Upshur
      County, Texas

              	
                Document
      #200504655

                Vol.
      601, Page 717

                Recorded
      06/06/05

              
	 
      	 
      
	
                Waller
      County, Texas

              	
                Document
      #504158

                Vol.
      898, Page 368

                Recorded
      06/06/05

              
	 
      	 
      
	
                Wood
      County, Texas

              	
                Document
      #00037157

                Book
      2085, Page 493

                Recorded
      06/06/05

              
	 
      	 
      
	
                Spokane
      County, Washington

              	
                Document
      #5225765

                Recorded
      06/03/05

              
	 
      	 
      
	
                Brown
      County, Wisconsin

              	
                Document
      #2195499

                Recorded
      06/14/05

              
	 
      	 
      
	
                Lincoln
      County, Wisconsin

              	
                Document
      #442274

                Recorded
      06/08/05

              
	 
      	 
      
	
                Oconto
      County, Wisconsin

              	
                Document
      #575054

                Vol.
      1150, Page 134

                Recorded
      06/10/05

              
	 
      	 
      
	
                Outagamie
      County, Wisconsin

              	
                Document
      #1666613

                Recorded
      06/14/05

              
	 
      	 
      
	
                Waupaca
      County, Wisconsin

              	
                Document
      #709592

                Recorded
      06/10/05

              
	 
      	 
      
	
                Wood
      County, Wisconsin

              	
                Document
      #2005R06850

                Recorded
      06/08/05

              
	 
      	 
      
	
                Natrona
      County, Wyoming

              	
                Document
      #768350

                Recorded
      06/03/05

              

      

      

      

      
        	
                3.  

              	
                First
      Amendment and Supplement to Amended and Restated Deed of Trust (for Missouri, Montana,
      Nevada, Tennessee, Texas, and Washington), Amended and Restated
      Mortgage (for Arkansas,
      Colorado, Idaho, Illinois, Indiana, Kansas, Louisiana, Oklahoma, Wisconsin
      and Wyoming), Fee and Leasehold Mortgage, Assignment of Leases and
      Rents, Security Agreement, Fixture Filing and Financing Statement and
      Notice of Reinscription from SemCrude, L.P., SemPipe, L.P., SemFuel, L.P.,
      SemKan, L.L.C., SemMaterials, L.P., K.C. Asphalt, L.L.C., SemGas, L.P.,
      and SemGas Gathering, as Mortgagors, to PRLAP, Inc., et al, Trustees, and
      Bank of America, N.A., Administrative Agent, effective as of October 18, 2005 (Multi-State
      mortgage)

              

      

      

      
        	
                Recording Jurisdiction

              	
                Recording Data

                 

              
	
                Pulaski
      County, Arkansas

                 

              	
                Document
      # 2005095156

                Recorded
      11/08/05

              
	 
      	 
      
	
                Adams
      County, Colorado

              	
                Document
      # 20051107001234540

                Recorded
      11/07/05

              
	 
      	 
      
	
                Mesa
      County, Colorado

              	
                Document
      #2284799

                Book
      4032, Page 108

                Recorded
      11/07/05

              
	 
      	 
      
	
                Pueblo
      County, Colorado

              	
                Document
      # 1647020

                Recorded
      11/07/05

              
	 
      	 
      
	
                Ada,
      County, Idaho

              	
                Document
      #105169341

                Recorded
      11/08/05

              
	 
      	 
      
	
                Cook
      County, Illinois

              	
                Document
      #0613612049

                Recorded
      5/16/06

              
	 
      	 
      
	
                Peoria
      County, Illinois

              	
                Document
      #05-37160

                Recorded
      11/07/05

              
	 
      	 
      
	
                Kosciusko
      County, Indiana

              	
                Document
      # 200500016966

                Recorded
      11/08/05

              
	 
      	 
      
	
                Barber
      County, Kansas

              	
                Book
      177, Pages 542

                Recorded
      11/07/05

              
	 
      	 
      
	
                Barton
      County, Kansas

              	
                Receipt
      #75637

                Book
      613, Page 2062

                Recorded
      1/20/06

              
	 
      	 
      
	
                Butler
      County, Kansas

              	
                Book
      1349, Page 1613

                Recorded
      11/22/05

              
	 
      	 
      
	
                Edwards
      County, Kansas

              	
                Book
      78, Page 93

                Recorded
      11/16/05

              
	 
      	 
      
	
                Ellis
      County, Kansas

              	
                Book
      634, Pages 297-339

                Recorded
      11/07/05

              
	 
      	 
      
	
                Ford
      County, Kansas

              	
                Mortgage
      Book 338, Page 757

                Recorded
      11/10/05

                Note:  Mortgage
      Tax Affidavit recorded in a separate book:

                Miscellaneous
      Book 115, Page 1

                Recorded
      11/10/05

              
	 
      	 
      
	
                Greenwood
      County, Kansas

              	
                Book
      287, Page 445

                Recorded
      11/15/05

              
	 
      	 
      
	
                Harper
      County, Kansas

              	
                Book
      132, Page 432

                Recorded
      11/17/05

              
	 
      	 
      
	
                Harvey
      County, Kansas

              	
                Document
      #109302

                Mrtg.
      Book 505, Page 540

                Recorded
      11/29/05

              
	 
      	 
      
	
                Haskell
      County, Kansas

              	
                Volume
      178, Pages 195-237

                Recorded
      11/07/05

              
	 
      	 
      
	
                Hodgemen
      County, Kansas

              	
                Book
      59, Page 51

                Recorded
      11/18/05

              
	 
      	 
      
	
                Kingman
      County, Kansas

              	
                Book
      260, Page 46

                Recorded
      11/14/05

              
	 
      	 
      
	
                Kiowa
      County, Kansas

              	
                Book
      75, Page 52

                Recorded
      11/15/05

              
	 
      	 
      
	
                Morton
      County, Kansas

              	
                Receipt
      # 2915

                Book
      139, Pages 158-200

                Recorded
      11/07/05

              
	 
      	 
      
	
                Ness
      County, Kansas

              	
                Receipt
      # 314

                Volume
      297, Pages 206-252

                Recorded
      11/07/05

              
	 
      	 
      
	
                Norton
      County, Kansas

              	
                Book
      141A, Page 617-659

                Recorded
      11/07/05

              
	 
      	 
      
	
                Pawnee
      County, Kansas

              	
                Document
      #20051654

                Book
      MG 194, Page 148

                Recorded
      11/17/05

              
	 
      	 
      
	
                Pratt
      County, Kansas

              	
                Receipt
      #5902

                Book
      310, Page 285

                Recorded
      11/16/05

              
	 
      	 
      
	
                Reno
      County, Kansas

              	
                Mortgage:

                Book
      805, Page 269

                Recorded
      11/18/05

                Assignment
      of Leases & Rents:

                Book
      403, Page 228

                Recorded
      11/18/05

              
	 
      	 
      
	
                Rice
      County, Kansas

              	
                Document
      # 200503189

                Book
      272, Pages 377-442

                Recorded
      11/07/05

              
	 
      	 
      
	
                Rooks
      County, Kansas

              	
                Book
      0353, Pages 034-076

                Recorded
      11/07/05

              
	 
      	 
      
	
                Rush
      County, Kansas

              	
                Book
      70, Pages 699-718

                Recorded
      11/09/05

              
	 
      	 
      
	
                Saline
      County, Kansas

              	
                Receipt
      #29488

                Book
      1116, Page 1881

                Recorded
      11/10/05

              
	 
      	 
      
	
                Sedgwick
      County, Kansas

              	
                DOC#/FLM-PG:  28739777

                Recorded
      12/08/05

              
	 
      	 
      
	
                Seward
      County, Kansas

              	
                Document
      # 3433

                Volume
      585, Pages 602-644

                Recorded
      11/07/05

              
	 
      	 
      
	
                Stafford
      County, Kansas

              	
                Book
      188, Page 562

                Recorded
      11/15/05

              
	 
      	 
      
	
                Sumner
      County, Kansas

              	
                Book
      700, Page 180

                Recorded
      11/17/05

              
	 
      	 
      
	
                Trego
      County, Kansas

              	
                Document
      # 134643

                Book
      134, Page 643

                Recorded
      11/07/05

              
	 
      	 
      
	
                Cameron
      Parish, Louisiana

              	
                Document
      #294721

                Recorded
      11/7/05

                In
      Conveyance Book and Mortgage Book

              
	 
      	 
      
	
                Terrebonne
      Parish, Louisiana

              	
                Document
      # 1223126

                Book
      1820, Page 33

                Recorded
      11/07/05

              
	 
      	 
      
	
                Vermilion
      Parish, Louisiana

              	
                Document
      # 20512269

                Recorded
      11/07/05

              
	 
      	 
      
	
                New
      Madrid County, Missouri

              	
                Book
      676, Pages 763-805

                Recorded
      11/08/05

              
	 
      	 
      
	
                Pettis
      County, Missouri

              	
                Document
      # 2005-7840

                Recorded
      11/08/05

              
	 
      	 
      
	
                Yellowstone
      County, Montana

              	
                Document
      #3356265

                Recorded
      11/09/05

              
	 
      	 
      
	
                Clark
      County, Nevada

              	
                Document
      # T20050201427

                Book
      20051103-0003908

                Recorded
      11/03/05

              
	 
      	 
      
	
                Alfalfa
      County, Oklahoma

              	
                Document
      # 032810

                Book
      587, Pages 278-321

                Recorded
      11/09/05

              
	 
      	 
      
	
                Beaver
      County, Oklahoma

              	
                Document
      # I-2005-003118

                Book
      1144, Pages 456-498

                Recorded
      11/08/05

              
	 
      	 
      
	
                Caddo
      County, Oklahoma

              	
                Document
      # 200500011496

                Volume
      2552, Page 30

                Recorded
      11/08/05

              
	 
      	 
      
	
                Canadian
      County, Oklahoma

              	
                Document
      # R 2005-27870

                Book
      RB 3130, Pages 353-395

                Recorded
      11/08/05

              
	 
      	 
      
	
                Cleveland
      County, Oklahoma

              	
                Document
      # R 2005-52599

                Book
      RB 4092, Pages 676-738

                Recorded
      11/08/05

              
	 
      	 
      
	
                Comanche
      County, Oklahoma

              	
                Document
      # 2005024362

                Book
      4847, Pages 1-43

                Recorded
      11/08/05

              
	 
      	 
      
	
                Creek
      County, Oklahoma

              	
                Document
      #05-16604

                Book
      583, Pages 1171-1902

                Recorded
      11/09/05

              
	 
      	 
      
	
                Garfield
      County, Oklahoma

              	
                Document
      #13272

                Book
      1783, Page 696

                Recorded
      11/14/05

              
	 
      	 
      
	
                Garvin
      County, Oklahoma

              	
                Document
      # I 2005-009493

                Book
      1754, Pages 0075-0209

                Recorded
      11/09/05

              
	 
      	 
      
	
                Kay
      County, Oklahoma

              	
                Document
      # I 2005-010356

                Book
      1335, Pages 0001-0101

                Recorded
      11/09/05

              
	 
      	 
      
	
                Kingfisher
      County, Oklahoma

              	
                Document
      # 5001

                Book
      2047, Pages 129-171

                Recorded
      11/08/05

              
	 
      	 
      
	
                Lincoln
      County, Oklahoma

              	
                Document
      # 10427

                Book
      1668, Pages 332-378

                Recorded
      11/08/05

              
	 
      	 
      
	
                Major
      County, Oklahoma

              	
                Document
      # I 2005-006940

                Book
      1643, Pages 0101-0143

                Recorded
      11/08/05

              
	 
      	 
      
	
                McClain
      County, Oklahoma

              	
                Document
      # I 2005-010403

                Book
      1770, Page 482-549

                Recorded
      11/08/05

              
	 
      	 
      
	
                McIntosh
      County, Oklahoma

              	
                Document
      # I 2005-157229

                Book
      727, Page 380-508

                Recorded
      11/14/05

              
	 
      	 
      
	
                Murray
      County, Oklahoma

              	
                Document
      # I 2005-003637

                Book
      0795, Pages 0131-0180

                Recorded
      11/08/05

              
	 
      	 
      
	
                Muskogee
      County, Oklahoma

              	
                Document
      # I 2005-014952

                Book
      3478, Pages 165-272

                Recorded
      11/08/05

              
	 
      	 
      
	
                Noble
      County, Oklahoma

              	
                Document
      # 2005-3587

                Book
      614, Pages 748-836

                Recorded
      11/08/05

              
	 
      	 
      
	
                Okfuskee
      County, Oklahoma

              	
                Document
      #385205

                Book
      980, Pages 392-452

                Recorded
      11/08/05

              
	 
      	 
      
	
                Oklahoma
      County, Oklahoma

              	
                Document
      #2005183425

                Book
      9932, Page 1917

                Recorded
      11/28/05

              
	 
      	 
      
	
                Pawnee
      County, Oklahoma

              	
                Document
      #3676

                Book
      608, Pages 212-276

                Recorded
      11/10/05

              
	 
      	 
      
	
                Payne
      County, Oklahoma

              	
                Document
      # I 2005-017039

                Book
      1607, Pages 0029-0152

                Recorded
      11/08/05

              
	 
      	 
      
	
                Pittsburg
      County, Oklahoma

              	
                Document
      # 143221

                Book
      001414, Page 394-505

                Recorded
      11/09/05

              
	 
      	 
      
	
                Pottawatomie
      County, Oklahoma

              	
                Document
      #200500016571

                Recorded
      11/16/05

              
	 
      	 
      
	
                Rogers
      County, Oklahoma

              	
                Document
      # 020610

                Book
      1727, Pages 328-372

                Recorded
      11/09/05

              
	 
      	 
      
	
                Seminole
      County, Oklahoma

              	
                Document
      #8336

                Book
      2753, Pages 66-241

                Recorded
      11/08/05

              
	 
      	 
      
	
                Stephens
      County, Oklahoma

              	
                Document
      # 000223

                Book
      3248, Pages 223-276

                Recorded
      11/07/05

              
	 
      	 
      
	
                Texas
      County, Oklahoma

              	
                Document
      # 200500681121

                Book
      1126, Pages 492-535

                Recorded
      11/07/05

              
	 
      	 
      
	
                Tulsa
      County, Oklahoma

              	
                Document
      # 2005134498

                Recorded
      11/10/05

              
	 
      	 
      
	
                Decatur
      County, Tennessee

              	
                Document
      # 05046190

                Book
      211, Pages 1-190

                Recorded
      11/08/05

              
	 
      	 
      
	
                Shelby
      County, Tennessee

              	
                Document
      # 05191379

                Recorded
      11/22/05

              
	 
      	 
      
	
                Anderson
      County, Texas

              	
                Document
      # 0509595

                Volume
      1938, Pages 0741-0782

                Recorded
      11/08/05

              
	 
      	 
      
	
                Austin
      County, Texas

              	
                Document
      # 056848

                Recorded
      11/03/05

              
	 
      	 
      
	
                Brazoria
      County, Texas

              	
                Document
      # 2005064181

                Recorded
      11/09/05

              
	 
      	 
      
	
                Camp
      County, Texas

              	
                Document
      # 19849

                Volume
      209, Pages 3-45

                Recorded
      11/03/05

              
	 
      	 
      
	
                Cherokee
      County, Texas

              	
                Document
      # 544777

                Book
      OR, Volume 1749,

                Pages
      660-701

                Recorded
      11/03/05

              
	 
      	 
      
	
                Fort
      Bend County, Texas

              	
                Document
      # 2005136862

                Recorded
      11/08/05

              
	 
      	 
      
	
                Franklin
      County, Texas

              	
                Document
      # 105036

                Volume
      0141, Pages 678-719

                Recorded
      11/07/05

              
	 
      	 
      
	
                Galveston
      County, Texas

              	
                Document
      # GAC 2005076691

                Recorded
      11/07/05

              
	 
      	 
      
	
                Gregg
      County, Texas

              	
                Document
      # 200524782

                Recorded
      11/03/05

              
	 
      	 
      
	
                Harris
      County, Texas

              	
                Document
      #Y887184

                Microfilm
      #RP ###-##-####

                Recorded
      11/09/05

              
	 
      	 
      
	
                Hopkins
      County, Texas

              	
                Document
      #200500000104

                OP
      Book 551, Page 642

                Recorded
      11/03/05

              
	 
      	 
      
	
                Lubbock
      County, Texas

              	
                Document
      # 44199

                Volume
      10191, Pages 259-300

                Recorded
      11/03/05

              
	 
      	 
      
	
                Montgomery
      County, Texas

              	
                Document
      # 2005-124722

                Microfilm
      # ###-##-#### - 1467

                Recorded
      11/08/05

              
	 
      	 
      
	
                Moore
      County, Texas

              	
                Document
      # 0157652

                Book
      0611, Pages 320-361

                Recorded
      11/07/05

              
	 
      	 
      
	
                Potter
      County, Texas

              	
                Document
      # 01064486

                Volume
      3673, Pages 353-395

                Recorded
      11/08 /05

              
	 
      	 
      
	
                Rusk
      County, Texas

              	
                Document
      # 2005-00020375

                Volume
      2598, Pages 521-563

                Recorded
      11/03/05

              
	 
      	 
      
	
                Smith
      County, Texas

              	
                Document
      # 2005-R0055474

                Volume
      7934, Pages 584-625

                Recorded
      11/07/05

              
	 
      	 
      
	
                Tarrant
      County, Texas

              	
                Document
      # D205330958

                Recorded
      11/03/05

              
	 
      	 
      
	
                Titus
      County, Texas

              	
                Document
      # 2005-00020375

                Volume
      2598, Pages 521-563

                Recorded
      11/03/05

              
	 
      	 
      
	
                Travis
      County, Texas

              	
                Document
      # 2005205819

                Recorded
      11/03/05

              
	 
      	 
      
	
                Upshur
      County, Texas

              	
                Document
      #200509659

                Vol.
      632, Page 47

                Recorded
      11/03/05

              
	 
      	 
      
	
                Waller
      County, Texas

              	
                Document
      # 508393

                Volume
      924, Pages 731-771

                Recorded
      11/09/05

              
	 
      	 
      
	
                Wood
      County, Texas

              	
                Document
      #00044414

                Book
      2119, Page 564

                Recorded
      11/07/05

              
	 
      	 
      
	
                Spokane
      County, Washington

              	
                Document
      #5309246

                Recorded
      11/22/05

                 

                Document
      #5309247

                Recorded
      11/22/05

                 

                Document
      #5309248

                Recorded
      11/22/05

                 

                Document
      #5309249

                Recorded
      11/22/05

                 

                Document
      #5309250

                Recorded
      11/22/05

              
	 
      	 
      
	
                Brown
      County, Wisconsin

              	
                Document
      # 2226638

                Recorded
      11/17/05

              
	 
      	 
      
	
                Lincoln
      County, Wisconsin

              	
                Document
      # 446414

                Recorded
      11/08/05

              
	 
      	 
      
	
                Oconto
      County, Wisconsin

              	
                Document
      # 581769

                Volume
      1178, Pages 498-540

                Recorded
      11/08/05

              
	 
      	 
      
	
                Outagamie
      County, Wisconsin

              	
                Document
      # 1687971

                Recorded
      11/08/05

              
	 
      	 
      
	
                Waupaca
      County, Wisconsin

              	
                Document
      # 717208

                Recorded
      11/08/05

              
	 
      	 
      
	
                Wood
      County, Wisconsin

              	
                Document
      # 2005R14528

                Recorded
      11/08/05

              
	 
      	 
      
	
                Natrona
      County, Wyoming

              	
                Document
      #779625

                Recorded
      11/08/05

              

      

      

      
        	
                4.  

              	
                Supplement
      to Amended and Restated Deed of Trust, Fee and Leasehold Mortgage,
      Assignment of Leases and Rents, Security Agreement, Fixture Filing and
      Financing Statement and Notice of Reinscription from SemCrude, L.P.,
      SemPipe, L.P., SemFuel, L.P., SemKan, L.L.C., SemMaterials, L.P., K.C.
      Asphalt, L.L.C., SemGas, L.P., and SemGas Gathering, L.L.C., as
      Mortgagors, to PRLAP, Inc., as Texas Trustee, and Bank of America, N.A.,
      Administrative Agent, effective as of November 20,
      2006

              

      

      

      
        	
                Recording Jurisdiction

              	
                Recording Data

              
	
                Cooke
      County, Texas

              	
                Document
      00020355

                Book
      OPR, Vol. 1470, Page 292

                Recorded
      12/11/2006

              
	 
      	 
      
	
                Grayson
      County, Texas

              	
                Document
      2006-00030043

                Recorded
      12/08/2006

              

      

      

      
        	
                5.  

              	
                Second
      Supplement to Amended and Restated Deed of Trust, Amended and Restated
      Deed of Trust, Amended and Restated Mortgage, Fee and Leasehold Mortgage,
      Assignment of Leases and Rents, Security Agreement, Fixture Filing and
      Financing Statement and Notice of Reinscription from SemCrude, L.P.,
      SemPipe, L.P., SemFuel, L.P., SemKan, L.L.C., SemMaterials, L.P., K.C.
      Asphalt, L.L.C., SemGas, L.P., and SemGas Gathering, L.L.C., as
      Mortgagors, to PRLAP, Inc., as Texas Trustee, and Bank of America, N.A.,
      Administrative Agent, effective as of December 20,
      2006

              

      

      

      
        	
                Recording Jurisdiction

              	
                Recording Data

              
	
                Payne
      County, Oklahoma

              	
                Document
      #1-2007-002994

                Book
      1694, Page 1

                Recorded
      03/02/ 2007

              

      

      

      
        	
                6.  

              	
                Second
      Amendment to Amended and Restated Deed of Trust (for Missouri, Montana, Nevada,
      Tennessee, Texas, and Washington), AMENDED AND RESTATED MORTGAGE
      (for Arkansas, Colorado,
      Idaho, Illinois, Indiana, Kansas, Louisiana, Oklahoma, Wisconsin and
      Wyoming), Fee And Leasehold Mortgage, Assignment Of Leases And
      Rents, Security Agreement, Fixture Filing And Financing Statement And
      Notice Of Reinscription From SemCrude, L.P., SemPipe, L.P., SemFuel, L.P.,
      SemKan, L.L.C.; SemMaterials, L.P., K. C. Asphalt, L.L.C., SemGas, L.P.;
      And SemGas Gathering, L.L.C., as Mortgagors, to PRLAP, Inc., a Missouri
      corporation, as Missouri Trustee; First American Title Company, as Montana
      Trustee, PRLAP, INC., a North Carolina corporation, as Nevada Trustee,
      PRLAP, INC., a Tennessee corporation, as Tennessee Trustee, PRLAP, INC., a
      Texas corporation, as Texas Trustee, PRLAP, INC., a Washington
      corporation, as Washington Trustee, and Bank of America, N.A.,
      Administrative Agent, dated December 20, 2006 (Multi-state
      mortgage)

              

      

      

      
        	
                Recording Jurisdiction

              	
                Recording Data

                 

              
	
                Pulaski
      County, Arkansas

                 

              	
                Document
      # 2007004184

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Adams
      County, Colorado

              	
                Reception
      # 2007000004912

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Mesa
      County, Colorado

              	
                Reception
      # 2358596

                Book
      4333, Page 637

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Pueblo
      County, Colorado

              	
                Document
      # 1709669

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Ada,
      County, Idaho

              	
                Document
      # 107005844

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Cook
      County, Illinois

              	
                Document
      #0402913092

                Recorded
      01/29/2007

              
	 
      	 
      
	
                Peoria
      County, Illinois

              	
                Doc.
      # 07-01322

                Filed
      01/12/2007

              
	 
      	 
      
	
                Kosciusko
      County, Indiana

              	
                Document
      # 200700001071

                Recorded
      01/25/2007

              
	 
      	 
      
	
                Barber
      County, Kansas

              	
                Book
      182, Page 188

                Recorded
      01/24/2007

              
	 
      	 
      
	
                Barton
      County, Kansas

              	
                Book
      613, Page 8076

                Receipt
      # 81155

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Butler
      County, Kansas

              	
                Book
      2007, Page 4473

                Recorded
      01/25/2007

              
	 
      	 
      
	
                Edwards
      County, Kansas

              	
                Book
      80, Page 126

                Recorded
      01/23/2007

              
	 
      	 
      
	
                Ellis
      County, Kansas

              	
                Book
      662, Page 662-710

                Recorded
      01/25/2007

              
	 
      	 
      
	
                Ford
      County, Kansas

              	
                Mortgage
      Book 355, Page 121

                Recorded
      01/26/2007

                 

                Note:  Mortgage
      Tax Affidavit recorded in a separate book:

                Misc.
      Book 118, Page 341

                Recorded
      01/26/2007

              
	 
      	 
      
	
                Greenwood
      County, Kansas

              	
                Mtg.
      Book 293, Page 389-453

                Filed
      01/22/2007

              
	 
      	 
      
	
                Harper
      County, Kansas

              	
                Book
      133, Page 119

                Recorded
      01/26/2007

              
	 
      	 
      
	
                Harvey
      County, Kansas

              	
                Document
      #118281

                Mtge.
      Book 528, Page 380

                Recorded
      02/20/2007

                 

                Document
      #118282

                Misc.
      Book 403, Page 969

                Recorded
      02/20/2007

              
	 
      	 
      
	
                Haskell
      County, Kansas

              	
                Vol.
      # 184, Page 249-297

                Recorded
      01/19/2007

                 

                Note:
      Mortgage Tax Affidavit recorded separately

                Vol.
      # 184, Page 298-334

                Recorded
      01/19/2004

              
	 
      	 
      
	
                Hodgeman
      County, Kansas

              	
                Book
      60, Page 64

                Filed
      01/29/2007

              
	 
      	 
      
	
                Kingman
      County, Kansas

              	
                Doc.
      # 12391

                Book
      268, Page 14

                Filed
      01/26/2007

              
	 
      	 
      
	
                Kiowa
      County, Kansas

              	
                Book
      75, Page 198

                Recorded
      02/01/2007

              
	 
      	 
      
	
                Morton
      County, Kansas

              	
                Book
      145, Page 492

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Ness
      County, Kansas

              	
                Book
      307, page 256

                Recorded
      02/02/2007

              
	 
      	 
      
	
                Norton
      County, Kansas

              	
                Book
      147A, Page 419

                Recorded
      01/25/2007

              
	 
      	 
      
	
                Pawnee
      County, Kansas

              	
                Doc.
      20070085

                Book
      MG199, Page 23

                Recorded
      01/23/2007

              
	 
      	 
      
	
                Pratt
      County, Kansas

              	
                Book
      327, Page 533-600

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Reno
      County, Kansas

              	
                Mort.
      Only - Book 813, Page 30

                Recorded
      01/23/2007

                 

                Assign Rents & Leases

                Book
      416, Page 106

                Recorded
      01/23/2007 (Recorded separately)

              
	 
      	 
      
	
                Rice
      County, Kansas

              	
                Mtg.
      Book 278, Page 701

                Filed
      01/25/2007

              
	 
      	 
      
	
                Rooks
      County, Kansas

              	
                Book
      366, Page 159-207

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Rush
      County, Kansas

              	
                Book
      72, Page 690-745

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Saline
      County, Kansas

              	
                Book
      1144, Page 697

                Recorded
      01/25/2007

              
	 
      	 
      
	
                Sedgwick
      County, Kansas

              	
                Doc
      # / FLM-PG: 28850934

                Receipt
      # 1645434

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Seward
      County, Kansas

              	
                Document
      # 185

                Vol.
      599, Page 460

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Stafford
      County, Kansas

              	
                Book
      195, Page 689-784

                Receipt
      # 5058

                Recorded
      01/23/2007

              
	 
      	 
      
	
                Sumner
      County, Kansas

              	
                Book
      732, Page 374

                Recorded
      01/25/2007

              
	 
      	 
      
	
                Trego
      County, Kansas

              	
                Book
      144, Page 51

                Recorded
      01/26/2007

              
	 
      	 
      
	
                New
      Madrid County, Missouri

              	
                Book
      695, Page 364-413

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Pettis
      County, Missouri

              	
                Document
      # 2007-0241

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Yellowstone
      County, Montana

              	
                Doc.
      # 3407370

                Filed
      01/12/2007

              
	 
      	 
      
	
                Clark
      County, Nevada

              	
                Document
      #T20070018695

                Book/Page
      20070201-0001081

                Recorded
      02/01/2007

              
	 
      	 
      
	
                Alfalfa
      County, Oklahoma

              	
                Document
      # 036475

                Book
      599, Page 131-180

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Beaver
      County, Oklahoma

              	
                Document
      #1-2007-000128

                Book
      1165, Page 594

                Recorded
      01/19/2007

              
	 
      	 
      
	
                Caddo
      County, Oklahoma

              	
                Instr.
      # 200700000773

                Vol.
      2609, Page 313-369

                Recorded
      01/18/2007

              
	 
      	 
      
	
                Canadian
      County, Oklahoma

              	
                Document
      # R 2007 1296

                Book
      RB 3284, Page 950-998

                Recorded
      01/18/2007

              
	 
      	 
      
	
                Cleveland
      County, Oklahoma

              	
                Document
      # R 2007 2022

                Book
      RB 4288, Page 285-353

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Comanche
      County, Oklahoma

              	
                Document
      # 2007001089

                Book
      5235, Page 123-171

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Creek
      County, Oklahoma

              	
                Document
      #07-2191

                Book
      627, Page 193

                Recorded
      02/20/2007

              
	 
      	 
      
	
                Garfield
      County, Oklahoma

              	
                Doc.
      # 700

                Book
      1840, Page 347-399

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Garvin
      County, Oklahoma

              	
                Document
      # I-2007-000394

                Book
      1796, Page 726-866

                Recorded
      01/18/2007

              
	 
      	 
      
	
                Kay
      County, Oklahoma

              	
                Document
      #1-2007-001600

                Book
      1385, Page 17

                Recorded
      02/21/2007

              
	 
      	 
      
	
                Kingfisher
      County, Oklahoma

              	
                Document
      # 0211

                Book
      2125, Page 209-257

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Lincoln
      County, Oklahoma

              	
                Document
      # 00561

                Book
      1730, Page 773

                Recorded
      01/18/2007

              
	 
      	 
      
	
                Major
      County, Oklahoma

              	
                Document
      # I-2007-000201

                Book
      1676, Page 146-194

                Recorded
      01/17/2007

              
	 
      	 
      
	
                McClain
      County, Oklahoma

              	
                Document
      # I-2007-000451

                Book
      1824, Page 18-91

                Recorded
      01/17/2007

              
	 
      	 
      
	
                McIntosh
      County, Oklahoma

              	
                Document
      #1-2007-167822

                Book
      766, Page 335

                Recorded
      02/05/2007

              
	 
      	 
      
	
                Murray
      County, Oklahoma

              	
                Document
      # I-2007-000165

                Book
      853, Page 87-142

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Muskogee
      County, Oklahoma

              	
                Document
      # I-2007-000954

                Book
      3660, Page 175-223

                Recorded
      01/18/2007

              
	 
      	 
      
	
                Noble
      County, Oklahoma

              	
                Document
      # I-2007-000154

                Book
      632, Page 64-158

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Okfuskee
      County, Oklahoma

              	
                Document
      # I-2007-393180

                Book
      1003, Page 615-681

                Recorded
      01/22/2007

              
	 
      	 
      
	
                Oklahoma
      County, Oklahoma

              	
                Doc.
      # 2007013078

                Book
      10373, Page 1117-1165

                Filed
      01/29/2007

              
	 
      	 
      
	
                Pawnee
      County, Oklahoma

              	
                Document
      # 0158

                Book
      624, Page 464-534

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Payne
      County, Oklahoma

              	
                Document
      #1-2007-002995

                Book
      1694, Page 68

                Recorded
      03/02/2007

              
	 
      	 
      
	
                Pittsburg
      County, Oklahoma

              	
                Document
      # 163159

                Book
      1496, Page 710-762

                File
      01/23/2007

              
	 
      	 
      
	
                Pottawatomie
      County, Oklahoma

              	
                Instr.
      # 200700000702

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Rogers
      County, Oklahoma

              	
                Document
      # I-2007-001056

                Book
      1839, Page 257-307

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Seminole
      County, Oklahoma

              	
                Document
      # 315

                Book
      2869, Page 12-193

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Stephens
      County, Oklahoma

              	
                Document
      # 76-1845

                Book
      3458, Page 191-250

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Texas
      County, Oklahoma

              	
                Instr.
      # 200700000242

                Book
      OR 1151, Page 739-788

                Filed
      01/17/2007

              
	 
      	 
      
	
                Tulsa
      County, Oklahoma

              	
                Document
      #2007024205

                Recorded
      03/07/2007

              
	 
      	 
      
	
                Decatur
      County, Tennessee

              	
                Document
      # 07049829

                Book
      225, Page 4-51

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Shelby
      County, Tennessee

              	
                Instr.
      # 07015061

                Batch
      # 465056

                Recorded
      01/23/2007

              
	 
      	 
      
	
                Anderson
      County, Texas

              	
                Inst.
      # 0700544

                Vol.
      # 2012, Page 834-881

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Austin
      County, Texas

              	
                Document
      # 070202

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Brazoria
      County, Texas

              	
                Document
      # 2007002654

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Camp
      County, Texas

              	
                File
      # 23839

                Vol.
      # 231, Page 523-571

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Cherokee
      County, Texas

              	
                Document
      #00560764

                Book
      OR, Vol. 1830, Page 361

                Recorded  01/12/2007

              
	 
      	 
      
	
                Fort
      Bend County, Texas

              	
                Document
      # 2007009597

                Recorded
      01/23/2007

              
	 
      	 
      
	
                Franklin
      County, Texas

              	
                File
      # 110358

                Vol.
      # 165, Page 591-639

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Galveston
      County, Texas

              	
                Document
      #2007002990

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Gregg
      County, Texas

              	
                Document
      #200700978

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Harris
      County, Texas

              	
                Document
      # 20070029086

                Microfilm
      # RP ###-##-####

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Hopkins
      County, Texas

              	
                File
      # 2007-218

                Book
      OP, Vol. 606, Page 413-461

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Lubbock
      County, Texas

              	
                File
      # 2007001711

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Montgomery
      County, Texas

              	
                File
      3 2007-005337

                Microfilm
      # ###-##-####

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Moore
      County, Texas

              	
                File
      # 0162133

                Book
      631, Page 549

                Recorded
      01/25/2007

              
	 
      	 
      
	
                Potter
      County, Texas

              	
                Document
      # 01094334

                Vol.
      # 3830, Page 553

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Rusk
      County, Texas

              	
                Document
      # 000041930

                Vol.
      # 2714, Page 455

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Smith
      County, Texas

              	
                Instr.
      # 2007-R00002328

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Tarrant
      County, Texas

              	
                Instrument
      #D207015171

                01/12/2007

              
	 
      	 
      
	
                Titus
      County, Texas

              	
                Document
      # 000284

                Vol.
      # 1893, Page 300

                Recorded
      01/17/2007

              
	 
      	 
      
	
                Travis
      County, Texas

              	
                Doc.
      # 2007007433

                Filed
      01/12/2007

              
	 
      	 
      
	
                Upshur
      County, Texas

              	
                Document
      # 200700419

                Vol.
      # 713, Page 158

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Waller
      County, Texas

              	
                Document
      # 700414

                Vol.
      # 1011, Page 465-513

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Wood
      County, Texas

              	
                Doc.
      # 65219

                Book
      2214, Page 681-729

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Spokane
      County, Washington

              	
                Document
      #5497439

                Recorded
      02/14/2007

              
	 
      	 
      
	
                Brown
      County, Wisconsin

              	
                Document
      # 2294644

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Lincoln
      County, Wisconsin

              	
                Document
      # 456455

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Oconto
      County, Wisconsin

              	
                Document
      # 598055

                Vol.
      # 1243, Page 824-872

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Outagamie
      County, Wisconsin

              	
                Document
      # 1738041

                Recorded
      01/12/2007

              
	 
      	 
      
	
                Waupaca
      County, Wisconsin

              	
                Document
      #737311

                Recorded
      04/02/2007

              
	 
      	 
      
	
                Wood
      County, Wisconsin

              	
                Doc.
      # 2007R00828

                Filed
      01/25/2007

              
	 
      	 
      
	
                Natrona
      County, Wyoming

              	
                Document
      # 809678

                Recorded
      01/12/2007

              

      

      

      

      
        	
                7.  

              	
                Partial
      Release executed by Bank of America, N.A., as Administrative Agent,
      SemMaterials, L.P. and K.C. Asphalt, L.L.C., dated as of February 20,
      2008.

              

      

      

      
        	
                Recording Jurisdiction

              	
                Recording Data

                 

              
	
                Pulaski
      County, Arkansas

                 

              	
                Document
      # 2008018692

                Recorded
      03/19/2008

              
	 
      	 
      
	
                Adams
      County, Colorado

              	
                Reception
      # 2008000023595

                Recorded
      03/26/2008

              
	 
      	 
      
	
                Mesa
      County, Colorado

              	
                Reception
      # 2429407

                Book
      4624, Page 706

                Recorded
      03/18/2008

              
	 
      	 
      
	
                Pueblo
      County, Colorado

              	
                Document
      # 1762043

                Recorded
      03/18/2008

              
	 
      	 
      
	
                Ada,
      County, Idaho

              	
                Document
      # 108029300

                Recorded
      03/13/2008

              
	 
      	 
      
	
                Cook
      County, Illinois

              	
                Document
      #0807918003

                Recorded
      03/19/2008

              
	 
      	 
      
	
                Peoria
      County, Illinois

              	
                Doc.
      # 08-08974

                Filed
      03/08/2008

              
	 
      	 
      
	
                Kosciusko
      County, Indiana

              	
                Document
      # 200800003592

                Recorded
      03/17/2008

              
	 
      	 
      
	
                Ford
      County, Kansas

              	
                Book
      145, Page 319

                Recorded
      06/06/2008

              
	 
      	 
      
	
                Saline
      County, Kansas

              	
                Book
      1174, Page 1486

                Recorded
      06/12/2008

              
	 
      	 
      
	
                New
      Madrid County, Missouri

              	
                Book
      716, Page 75

                Recorded
      03/29/2008

              
	 
      	 
      
	
                Pettis
      County, Missouri

              	
                Document
      # 2008-1754

                Recorded
      03/24/2008

              
	 
      	 
      
	
                Yellowstone
      County, Montana

              	
                Doc.
      # 3457847

                Filed
      03/14/2008

              
	 
      	 
      
	
                Clark
      County, Nevada

              	
                Document
      #2008 0318-0002571

                Recorded
      03/18/2008

              
	 
      	 
      
	
                Carter
      County, Oklahoma

              	
                Document
      No. I-2008-011026

                Book
      4880, Page 1

                Recorded
      08/19/2008

              
	 
      	 
      
	
                Comanche
      County, Oklahoma

              	
                Document
      # I-2008-014013

                Book
      005676, Page 0111

                Recorded
      07/22/2008

              
	 
      	 
      
	
                Muskogee
      County, Oklahoma

              	
                Document
      # I-2008-008911

                Book
      3865, Page 139

                Recorded
      07/22/2008

              
	 
      	 
      
	
                Rogers
      County, Oklahoma

              	
                Document
      # I-2008-013229

                Book
      1972, Page 743

                Recorded
      08/13/2008

                 

                Document
      # I-2008-011857

                Book
      1967, Page 725

                Recorded
      07/22/2008

                 

                Document
      # ____________

                Book
      ______, Page ______

                Recorded
      on or about the date hereof [Catoosa, OK (Koch)]

              
	 
      	 
      
	
                Decatur
      County, Tennessee

              	
                Document
      # 08053974

                Book
      240, Page 122

                Recorded
      05/13/2008

              
	 
      	 
      
	
                Shelby
      County, Tennessee

              	
                Document
      No. 08049578

                Recorded
      04/14/2008

              
	 
      	 
      
	
                Lubbock
      County, Texas

              	
                File
      # 2008032233

                Recorded
      08/18/2008

              
	 
      	 
      
	
                Tarrant
      County, Texas

              	
                Instrument
      #D208297985

                Recorded
      07/31/2008

              
	 
      	 
      
	
                Travis
      County, Texas

              	
                Doc.
      # 2008044011

                Filed
      03/20/2008

              
	 
      	 
      
	
                Spokane
      County, Washington

              	
                Document
      # 5701743

                Recorded
      07/28/2008

                 

                Document
      # 5654309

                Recorded
      03/20/2008

              

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
A

      

      2009
CONTRIBUTION AGREEMENT

      

      [Attached]

      

      [Excluded
for purposes of recording.]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      EXHIBIT
B

      

      CONVEYED
LAND PROPERTY DESCRIPTION

      

      [Attached]

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Locations for
filing:

       

      
        	
                1.  

              	
                Little
      Rock, Pulaski County, AR

              

      

       

      
        	
                2.  

              	
                Denver-C,
      Adams County, CO

              

      

       

      
        	
                3.  

              	
                Grand
      Junction, Mesa County, CO

              

      

       

      
        	
                4.  

              	
                Pueblo,
      Pueblo County, CO

              

      

       

      
        	
                5.  

              	
                Boise,
      Ada County, ID

              

      

       

      
        	
                6.  

              	
                Chicago,
      Cook County, IL

              

      

       

      
        	
                7.  

              	
                Pekin,
      Peoria County, IL

              

      

       

      
        	
                8.  

              	
                Warsaw,
      Kosciusko County, IN

              

      

       

      
        	
                9.  

              	
                Dodge
      City, Ford County, KS

              

      

       

      
        	
                10.  

              	
                Salina,
      Saline County, KS

              

      

       

      
        	
                11.  

              	
                New
      Madrid, New Madrid County, MO

              

      

       

      
        	
                12.  

              	
                Sedalia,
      Pettis County, MO

              

      

       

      
        	
                13.  

              	
                Billings,
      Yellowstone County, MT

              

      

       

      
        	
                14.  

              	
                Las
      Vegas, Clark County, NV

              

      

       

      
        	
                15.  

              	
                Ardmore,
      Carter County, OK

              

      

       

      
        	
                16.  

              	
                Catoosa
      (Koch), Rogers County, OK

              

      

       

      
        	
                17.  

              	
                Catoosa
      (Port 33), Rogers County, OK

              

      

       

      
        	
                18.  

              	
                Catoosa
      (Port of Catoosa-Frontier), Rogers County,
OK

              

      

       

      
        	
                19.  

              	
                Lawton,
      Comanche County, OK

              

      

       

      
        	
                20.  

              	
                Muskogee,
      Muskogee County, OK

              

      

       

      
        	
                21.  

              	
                Memphis
      (PMAC-Shelby Co.), Shelby County,
TN

              

      

       

      
        	
                22.  

              	
                Parsons,
      Decatur County, TN

              

      

       

      
        	
                23.  

              	
                Austin,
      Travis County, TX

              

      

       

      
        	
                24.  

              	
                Lubbock,
      Lubbock County, TX

              

      

       

      
        	
                25.  

              	
                Saginaw,
      Tarrant County, TX

              

      

       

      
        	
                26.  

              	
                Spokane
      (Hillyard), Spokane County, WA

              

      

       

      
        	
                27.  

              	
                Spokane
      Valley, Spokane County, WA

              

      

      

        
          
             

          

          
             

            
              

            

          

          
             

          

        

      EXHIBIT
S

       

      SGLP
LENDER RELEASE

       

      See
attached.

       

      [See
Exhibit 10.14 to the Current Report on Form 8-K filed on April 10,
2009.]exh10-2.htm

    EXHIBIT
10.2

     

    SHARED
SERVICES AGREEMENT

     

    This
SHARED SERVICES AGREEMENT (this “Agreement”), is
entered into on April 7, 2009, to be effective as of 11:59 PM CDT March 31, 2009
(the “Effective
Date”), by and between SemGroup Energy Partners, L.P., SemGroup Energy
Partners, L.L.C., SemGroup Crude Storage, L.L.C., SemPipe G.P., L.L.C. and
SemPipe, L.P. (collectively, “Service Recipient”),
and SemCrude, L.P. and SemManagement, L.L.C. (collectively, “Service
Provider”).  Service Provider and Service Recipient are
hereinafter collectively referred to as the “Parties” or
individually, as applicable, as the “Party.”

     

    W
I T N E S S E T H

     

    WHEREAS,
Service Provider and Service Recipient have entered into a Master Agreement,
dated as of the date hereof (the “Master Agreement”),
pursuant to which, among other things, Service Provider will provide certain
services for Service Recipient’s crude related operations (the “Service Recipient
Business”);

     

    WHEREAS,
after the date hereof, Service Recipient will operate the Service Recipient
Business independently of the Service Provider’s crude related operations (the
“Service Provider
Business”);

     

    WHEREAS,
Service Recipient desires Service Provider to provide Service Recipient with
certain services related to the Service Recipient Business, which are more
particularly described on Exhibits A, B and C hereof (the “Services”);
and

     

    WHEREAS,
the Parties desire to track shared overhead and operating services and expenses
in accordance with the terms hereof on a basis reasonably related to actual use
and cost of services rendered.

     

    NOW,
THEREFORE, in consideration of the foregoing and the mutual covenants and
agreements set forth herein, and for other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the Parties agree as
follows:

     

    SECTION
1. DEFINITIONS.

     

    Unless
otherwise expressly noted, the words “hereof,” “herein,” “hereunder,” and words
of similar import shall refer to this Agreement as a whole and not to any
particular section, subsection or clause of it, and references herein to an
exhibit, schedule, section, subsection, or clause shall refer to those of or in
this Agreement.  The meanings of terms defined herein shall be equally
applicable to both the singular and plural forms of those terms.

     

    SECTION
2. SERVICES.

     

    (a) Subject
to the terms and conditions hereof, during the Term (as hereinafter defined),
Service Provider shall provide to Service Recipient the Services set forth in
Exhibits A,
B and C
hereof.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) As may be
required or at its option, and after receiving the written consent of Service
Recipient, which shall not be unreasonably withheld, conditioned or delayed,
Service Provider may cause any Service outlined hereunder to be provided by any
third party (an “Outsourced
Service”).  Service Recipient hereby consents to any Outsourced
Services that are in existence as of the date hereof.  Notwithstanding
anything to the contrary contained herein, Service Provider will not be
responsible for the quality of any Outsourced Service so long as Service
Provider reasonably selects the provider of such Services.  In the
event an Outsourced Service provider commits a breach of an Outsourced Service
agreement that has, or in the reasonable judgment of Service Recipient has the
potential to have, a material adverse impact on Service Recipient, Service
Provider shall use commercially reasonable efforts to enforce any claims and
pursue any rights or remedies Service Provider may have against the Outsourced
Service provider for such breach or potential breach in the same manner with
which Service Provider seeks to enforce such a claim or pursue such rights or
remedies in respect of such a breach or potential breach adversely affecting
Service Provider.  Service Provider shall use commercially reasonable
efforts to have Service Recipient be a third party beneficiary of any rights or
remedies Service Provider may have against the Outsourced Service provider for
any breach arising from or relating to any Outsourced Service.  For
greater clarity and subject to Section 11, nothing
in this Agreement shall be interpreted as to relieve Service Provider from any
of its obligations hereunder, including its obligation to provide the Services
it is required to provide hereunder.

     

    (c) Notwithstanding
any other provision of this Agreement and without limiting the rights of Service
Recipient for a breach of Service Provider of its obligations under this
Agreement, Service Recipient shall have exclusive control and decision making
authority with respect to the Service Recipient Business and shall be
responsible for ensuring that the Service Recipient Business is in compliance
with all Applicable Laws.  Service Provider shall not be responsible
for any Liabilities arising from (i) Service Provider’s compliance with any
instruction, direction or parameter given by Service Recipient or any constraint
imposed by Service Recipient or (ii) Service Recipient’s decision to not
implement any actions recommended by Service Provider in connection with its
provision of Services to Service Recipient.

     

    SECTION
3. FUNDING OF
EXPENSES.

     

    The
Parties agree that Service Recipient will accrue for and pay its direct
expenses, including, without limitation, licensing, registration fees, taxes,
surety bonds, legal fees, auditing fees and other outside vendors with whom
Service Recipient contracts; and the expense allocation payable under Exhibits A, B and C
hereto.  Service Provider further agrees that it will apportion or
chargeback any expenses at the end of each month, or any other applicable
billing period, and will not true up any such expenses to Service Recipient at
the end of any fiscal year.

     

    SECTION
4. TERM AND
TERMINATION.

     

    4.1 Term.  Exhibits A, B and C specifically
outline the term for which Services will be provided (the “Term”).

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    4.2 Effect of
Termination.  Each Party’s obligations to perform with respect
to the particular Service or Services provided to or by it hereunder shall end
as of the effective date of its termination in accordance with this Agreement;
provided, however, that each
Party shall remain liable to the other as provided for hereunder with respect to
(a) any obligations accruing under this Agreement prior to the effective date of
such termination, or (b) as otherwise provided in this
Agreement.  Notwithstanding anything in this Agreement to the
contrary, Sections
4.2, 9,
10 and 13 shall survive the
expiration or termination of this Agreement.

     

    SECTION
5. COMPENSATION, PAYMENT AND
AUDIT REVIEWS.

     

    5.1 Payment
of Service Fees to Service Provider.  In consideration for
Service Provider providing the Services to Service Recipient, Service Recipient
shall pay Service Provider the Service Fees in accordance with Section 5.3
below.

     

    5.2 Service
Fees.

     

    (a) Not later
than fifteen (15) days following the end of each month, Service Provider shall
deliver to Service Recipient a statement (the “Monthly Statement”)
that details the actual cost allocable for Services to Service Recipient for
that month as set forth on Exhibits A, B and C (the “Service
Fees”).  Acceptable forms of delivery for the Monthly Statement
include facsimile, electronic mail, postal mail and hand delivery.

     

    (b) Service
Recipient shall have the right to review the supporting documentation for such
Monthly Statement pursuant to Section 5.4 and
Service Recipient shall have thirty (30) days after its receipt of the Monthly
Statement to deliver a written notice to Service Provider (the “Dispute Notice”)
setting forth the items in dispute in reasonable details (the “Disputed
Items”).  During the thirty (30) day period following delivery
of the Dispute Notice (the “Resolution Period”),
the Parties will use commercially reasonable efforts to reach agreement on the
Disputed Items set forth in the Dispute Notice.  If the Parties are
unable to reach an agreement during the Resolution Period, then they will
appoint a mutually acceptable independent party to review the Dispute Notice and
determine the final amount of the Disputed Items.  If the Parties are
unable to agree on a single independent party within fifteen (15) days after the
end of the Resolution Period, then the Parties will each appoint one (1)
independent party, who will jointly select a third independent party (singly or
collectively, the “Referee”), within
thirty (30) days after the end of the Resolution Period.  The Referee
shall deliver its determination to the Parties within thirty (30) days from the
date of its engagement.  The Referee’s report shall be final and
binding upon the Parties.  The cost of the Referee’s engagement and
report shall be shared fifty percent (50%) by Service Provider and fifty percent
(50%) by Service Recipient.  Notwithstanding anything herein to the
contrary, Service Provider shall continue providing Services during such time as
a dispute exists and nonpayment by Service Recipient of any Disputed Items that
are outstanding in accordance with this Section 5.2(b) shall
not constitute a breach of this Agreement.

     

    (c) In
accordance with Service Provider’s normal practices as of the date hereof,
Service Provider shall maintain reasonably complete and accurate records of and
supporting documentation for all charges and costs and all other data and/or
information created, generated, collected, processed or stored by Service
Provider in connection with the provision of the Services as provided for in
this Agreement (collectively, the “Service
Records”).  Service Provider shall retain the Service Records
in accordance with Service Recipient’s record retention policy as set forth in
Service Recipient’s policies and procedures manual and previously communicated
(in writing or electronically) to Service Provider.  Service Recipient
shall promptly notify Service Provider in writing or electronically of any
modifications to its record retention policy.  In the event of the
termination of any Service provided by Service Provider under this Agreement,
Service Provider shall provide Service Recipient with a copy of all Service
Records pertaining to such terminated Service at Service Recipient’s
cost.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    5.3 Payments
of Service Fees by Service Recipient.  Service Recipient
shall pay all Service Fees promptly, but no later than fifteen (15) days after
its receipt of the Monthly Statement to which such Service Fees apply, via wire
transfer of immediately available funds into a bank account designated by
Service Provider, except for Disputed Items that remain outstanding in
accordance with Section 5.2(b) of
this Agreement.  If Service Recipient disputes any portion of a
Monthly Statement, Service Recipient must pay the undisputed
portion.  Overdue amounts that are resolved in favor of Service
Provider will accrue interest at the one-month London Interbank Offered Rate
from the date that payment is due until paid in full.  If overdue
amounts are resolved in favor of Service Provider, then Service Recipient will
pay all of Service Provider’s reasonable, out-of-pocket costs (including
reasonable attorney’s fees) of collecting past due payments and late payment
charges; provided, however, that the
Parties will share the costs of a Referee in accordance with Section
5.2(b).  If overdue amounts are resolved in favor of Service
Recipient, then Service Provider will pay all of Service Recipient’s reasonable,
out-of-pocket costs (including reasonable attorney’s fees) of defending itself;
provided, however, that the
Parties will share the costs of a Referee in accordance with Section
5.2(b).  Any Disputed Items shall be resolved in accordance
with Section
5.2(b) of this Agreement.

     

    5.4 Audit
Review.

     

    (a) Upon the
request of Service Recipient for an audit (which shall be limited to two per
calendar year), Service Provider agrees to afford Service Recipient’s
accountants (and internal and external auditors, inspectors, regulators and
other representatives that Service Recipient may designate from time to time)
reasonable access, during normal business hours and upon reasonable notice
during the Term, to the Service Records, and shall furnish promptly such
information concerning the Services and the Service Fees as Service Recipient’s
accountants (and internal and external auditors, inspectors, regulators and
other representatives that Service Recipient may designate from time to time)
reasonably request; provided, however, that such
investigation shall not unreasonably disrupt Service Provider’s
operations.  Notwithstanding any provision of this Section 5 to the
contrary, Service Recipient and its internal and external auditors, inspectors,
regulators and other representatives shall not be given access to (i) the
proprietary information of customers of Service Provider or (ii) Service
Provider’s facilities that are not related to the provision of the
Services.  Each Party will be responsible for its own costs associated
with any audit activity pursuant to this Section
5.4(a).

     

    (b) Following
any audit, Service Recipient shall conduct (in the case of an internal audit),
or request its external auditors or examiners to conduct, an exit conference
with Service Provider to obtain factual concurrence with issues identified in
the review.  Service Provider and Service Recipient shall meet to
review each audit report promptly after the issuance thereof and discuss any
deficiencies, concerns or recommendations in such audit report with respect to
the Service Records.

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    5.5 Notification
and Disclosure Matters.  Service Provider will notify Service
Recipient within forty-eight (48) hours regarding any issues pertaining to
Service Recipient in accordance with the disclosure procedures in place as of
the date hereof.

     

    5.6 Service
Fees Budget.  Service Provider,
in consultation with Service Recipient, shall generate, on or prior to the last
day of November each year, an estimate of the budgeted Service Fees for the
aggregate cost of Services allocable to Service Recipient for the following year
(“Budgeted Service
Fees”).  The Budgeted Service Fees shall be used solely for
planning purposes.  For the year ending on December 31, 2009 (the
“2009 Fiscal
Year”), Service Provider shall provide (i) an initial estimate of the
Budgeted Service Fees for the remainder of the 2009 Fiscal Year and (ii) a more
final estimate of the Budgeted Service Fees for the remainder of the 2009 Fiscal
Year no later than May 31, 2009.

     

    SECTION
6. TAXES.

     

    Service
Recipient shall pay all applicable sales and use taxes required to be paid on
Services provided to Service Recipient that may be due or become due in
connection with Service Provider’s performance of the
Services.  Service Provider shall reasonably cooperate with Service
Recipient in order to permit Service Recipient to establish any exemption from
or reduction to, or obtain any credit or refund of, any such sales and use
Taxes.

     

    SECTION
7. PURPOSE.

     

    7.1 Rights
and Obligations.  The Parties hereby enter into this Agreement
for the purpose of setting forth their respective rights and obligations
relating to (i) the furnishing of Services and (ii) the sharing of costs
associated therewith between Service Provider and Service
Recipient.

     

    7.2 Nature of
the Relationship.

     

    (a) The
relationship of the Parties under this Agreement is and shall be limited to one
of contract.  Neither the contractual relationship between the Parties
established hereby nor any provision of this Agreement shall be construed to
create a partnership or joint venture between the Parties, or make either Party
in any way responsible for the indebtedness, obligations, legal compliance or
other liabilities of the other Party, except as specifically herein
provided.  Neither Party shall have any authority or power to act for
or bind the other or to encumber, lease or convey any part of or interest in the
other Party’s property.  The Parties shall develop procedures and
practices so that the interests of any Party are not favored or required to be
preferred over the interests of the other, except as provided
herein.

     

    (b) Except as
provided herein, this Agreement shall not in any manner (i) limit the
Parties in carrying on their respective separate businesses or activities,
(ii) impose upon either Party any fiduciary duty vis-a-vis the other or
(iii) impose upon either Party any obligation or liability.

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    (c) The
Parties recognize that some of their respective operations are located at shared
sites and that necessary interactions result from the proximity of their
businesses and the shared responsibilities resulting from the use of the shared
sites.  The businesses of the respective Parties will be managed by
the Parties, as independent companies, and each will act and conduct business
independently.  Further, each Party recognizes its responsibility to
support the capability of each other Party to continue to conduct their
respective businesses for routine and non-routine activities (including but not
limited to start-up, shut down, emergency and other infrequent or unanticipated
opportunities or events).

     

    SECTION
8. NON-LIABILITY OF THE
PARTIES.

     

    8.1 Standard
of Care.  Service Provider shall perform the Services in a good
and workmanlike manner, exercising reasonable skill, care and diligence in
performing the same, (i) consistent in all material respects with the practices
and processes followed or implemented by Service Provider when performing the
same Services in connection with the Service Provider Business, (ii) with the
same priority it would afford Service Provider’s operations and (iii) in
accordance with prudent industry practices and Applicable Law.  Except
as described herein or due to a breach hereof, unless caused by the gross
negligence or willful misconduct of a Party, the respective Parties shall not be
liable for any damage arising out of their performance of this Agreement,
whether with respect to the person or property of the other Party or of any of
its employees, agents, or invitees, or otherwise.

     

    8.2 Disclaimer
of Warranties; Limitation of Liability.  SERVICE PROVIDER
MAKES NO WARRANTIES OR GUARANTEES, EXPRESS OR IMPLIED, RELATING TO ANY OF THE
SERVICES AND SERVICE PROVIDER DISCLAIMS ANY IMPLIED WARRANTIES OR WARRANTIES
IMPOSED BY LAW, INCLUDING WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A
PARTICULAR PURPOSE.    EXCEPT FOR THE PARTIES’
INDEMNIFICATION OBLIGATIONS WITH RESPECT TO CLAIMS OF THIRD PARTIES, THE
PARTIES’ LIABILITY FOR DAMAGES HEREUNDER IS LIMITED TO DIRECT, ACTUAL DAMAGES
ONLY, AND NEITHER PARTY SHALL BE LIABLE TO THE OTHER FOR SPECIFIC PERFORMANCE,
LOST PROFITS OR OTHER BUSINESS INTERRUPTION DAMAGES, OR SPECIAL, CONSEQUENTIAL,
INCIDENTAL, PUNITIVE, EXEMPLARY OR INDIRECT DAMAGES, IN TORT, CONTRACT OR
OTHERWISE, OF ANY KIND, ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE
PERFORMANCE, THE SUSPENSION OF PERFORMANCE, THE FAILURE TO PERFORM, OR THE
TERMINATION OF THIS AGREEMENT.

     

    SECTION
9. INDEMNIFICATION.

     

    9.1 Subject
to Section 8,
each Party (each an “Indemnitor”) shall
defend, indemnify, and hold harmless the other Party, each of such Party’s
Affiliates, and the officers, employees, directors, representatives and agents
of such Party and its Affiliates (collectively, “Indemnitees”) from
and against any and all Liabilities to the extent that they result from, arise
out of or relate to (a) an Indemnitor’s (i) breach of this Agreement, (ii)
failure to comply with any contract with a third party relating to the Services
or (iii) failure to comply with Applicable Law or (b) any gross negligence or
willful misconduct of such Indemnitor, its Affiliates or its officers,
employees, directors, managers, representatives or agents in connection with the
performance of such Party’s obligations under this Agreement.  Such
Liabilities shall include, but not be limited to, reasonable attorneys’ fees and
any other out-of-pocket expenses incurred by an Indemnitee in defending or
prosecuting any lawsuit or action that arises out of the performance of this
Agreement.  Notwithstanding the foregoing, however, an Indemnitor
shall not be liable to defend, indemnify or hold harmless any Indemnitee for any
Liabilities arising out of or resulting from the gross negligence or willful
misconduct of such Indemnitee.

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    9.2  In
addition to the indemnification obligations contained in Section 9.1 above,
Service Recipient shall defend, indemnify, and hold harmless Service Provider,
each of Service Recipient’s Affiliates, and the officers, employees, directors,
representatives and agents of Service Provider and its Affiliates from and
against any and all Liabilities to the extent that they result from, arise out
of or relate to any allegation, claim, administrative finding or judicial
determination that Service Provider, by virtue of its performance of this
Agreement is an ‘operator’ or ‘generator’ under the Comprehensive Environmental
Response, Compensation and Liability Act of 1980, as amended, or analogous state
laws, of any real property owned, operated, leased or occupied by Service
Recipient.  For purposes of Section 9, Service
Recipient shall be an “Indemnitor” and Service Providers and its Affiliates and
their respective officers, employees, directors and agents shall be
“Indemnitees”.

     

    9.3 The
Parties’ obligations to defend, indemnify and hold each other harmless under the
terms of this Agreement shall not vest any rights in or be enforceable by any
third party, whether a Governmental Authority or private entity, nor shall they
be considered an admission of liability or responsibility for any purposes other
than those enumerated in this Agreement.  The terms of this Agreement
are enforceable only by the Parties and their permitted successors and assigns,
and no third party, including a member of Service Recipient, shall have a
separate right to enforce any provision of this Agreement, or to compel any
Party to comply with the terms of this Agreement.

     

    9.4 The
Indemnitee shall notify the Indemnitor as soon as practicable after receiving
notice of any claim or proceeding brought against it that might give rise to an
indemnity claim under this Agreement (an “Indemnification
Claim”) and shall furnish to the Indemnitor the complete details within
its knowledge.  Any delay or failure by the Indemnitee to give notice
to the Indemnitor shall not relieve the Indemnitor of its obligations except to
the extent, if any, that the Indemnitor shall have been materially prejudiced by
reason of such delay or failure.

     

    9.5 The
Indemnitor shall have the right to assume the defense, at its own expense and by
its own counsel, of any Indemnification Claim; provided, however, that such
counsel is reasonably acceptable to the Indemnitee  Notwithstanding
the Indemnitor’s appointment of counsel to represent an Indemnitee, the
Indemnitee shall have the right to employ separate counsel reasonably acceptable
to the Indemnitor, and the Indemnitor shall bear the reasonable fees, costs and
expenses of such separate counsel if in the Indemnitee’s reasonable judgment (a)
the use of counsel chosen by the Indemnitor to represent the Indemnitee would
present such counsel with a conflict of interest or defenses that are available
to the Indemnitee that are not available to the Indemnitor or (b) the Indemnitor
shall not have employed counsel to represent the Indemnitee within a reasonable
time after notice of the institution of such Indemnification
Claim.  If requested by the Indemnitor, the Indemnitee Party agrees to
reasonably cooperate with the Indemnitor and its counsel in contesting any claim
or proceeding that the Indemnitor defends, including, if appropriate, making any
counterclaim or cross-complaint.  All reasonably incurred costs and
expenses incurred in connection with the Indemnitee’s cooperation shall be borne
by the Indemnitor.

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    9.6 No
Indemnification Claim may be settled or compromised by (a) the Indemnitee
without the written consent of the Indemnitor or (b) by the Indemnitor without
the written consent of the Indemnitee.

     

    SECTION
10. CONFIDENTIALITY.

     

    From and
after the date hereof, each Party shall not and shall cause their directors,
officers, employees and Affiliates not to, directly or indirectly, disclose,
reveal, divulge or communicate to any person other than authorized officers,
directors and employees and Affiliates of the Party or use or otherwise exploit
for its own benefit any Confidential Information (as defined
below).  No Party shall have any obligation to keep confidential (or
cause its officers, directors or Affiliates to keep confidential) any
Confidential Information if and to the extent disclosure thereof is specifically
required by Applicable Law or a dispute between the Parties; provided, however, that in the
event disclosure is required by Applicable Law or by regulation and as required
by regulatory authorities, the relevant Party shall, to the extent reasonably
possible, provide the other Party with prompt notice of such requirement prior
to making any disclosure so that the other Party may seek an appropriate
protective order.  For purposes of this Agreement, “Confidential
Information” means  any information with respect to the
operations and business practices of the other Party, including methods of
operation, customer lists, products, prices, fees, costs, inventions, trade
secrets, know-how, marketing methods, plans, personnel, suppliers, competitors,
markets or other specialized information or proprietary
matters.  “Confidential Information” does not include, and there shall
be no obligation hereunder with respect to, information that (i) is generally
available to the public on the date of this Agreement or (ii) becomes generally
available to the public other than as a result of a disclosure not otherwise
permissible hereunder.  The Parties consent to the filing of this
Agreement (i) with the Bankruptcy Court in connection with the Bankruptcy Cases
and (ii) with the Securities and Exchange Commission.

     

    SECTION
11. FORCE
MAJEURE.

     

    11.1 If
Service Provider shall be delayed, hindered in or prevented from performing any
act required to be performed by it hereunder by any cause or circumstance which
is beyond its control including, without limitation, an act of god, strikes,
lockouts or other labor troubles occurring with respect to those sites for which
Services are being provided hereunder, inability to procure materials (including
energy), power failure, casualty, restrictive governmental laws, orders or
regulations, riots, insurrection, war or other reason of a like nature not the
fault of Service Provider, then performance of any such act shall be extended
for a period equivalent to the period of such delay and a reasonable period of
recovery thereafter.

     

    11.2 If for
any of the reasons set forth above Service Provider shall be unable to perform
any obligation when due, Service Provider shall promptly notify Service
Recipient of such delay (and the estimated time that such delay shall continue),
in writing, and state the cause for the same.  Service Provider shall
have the obligation to do everything reasonably within its power to remove such
cause, but shall not be required to incur any substantial additional expense or
materially depart from its normal business practices. Service Recipient shall
not be required to pay for any disrupted Services during the period in which
they are not being provided to Service Recipient pursuant to the terms of this
Agreement.

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    SECTION
12. NOTICES.

     

    12.1 Any
notices and other communications hereunder shall be in writing and shall be
deemed to have been duly given upon receipt if (i) hand delivered personally,
(ii) mailed by certified or registered mail, return receipt requested, (iii)
sent by Federal Express or other express carrier, fee prepaid, (iv) sent via
facsimile with receipt confirmed or (v) sent via electronic email with receipt
confirmed, provided that such notice or communication is addressed to the
respective Parties at the following addresses:

     

    
      	
               
      

            	
              to
      Service Provider:

            

    

    

    SemCrude,
L.P.

    Two
Warren Place

    6120 S.
Yale Avenue, Suite 700

    Tulsa,
Oklahoma 74136

    Phone:                      (918)
524-8100

    Fax:  (918)
524-8290

    Attention: Chief Financial
Officer

     

    With a
copy to:

     

    Weil,
Gotshal & Manges LLP

    200
Crescent Court, Suite 300

    Dallas,
Texas 75201

    Phone:                      214-746-7700

    Fax:  214-746-7777

    Attention:  Michael
A. Saslaw, Esq.

    

    
      	
               
      

            	
              to
      Service Recipient:

            

    

    

    

    SemGroup
Energy Partners, L.L.C.

    Two
Warren Place

    6120 S.
Yale Avenue, Suite 500

    Tulsa,
Oklahoma 74136

    Phone:
(918) 524-5500

    Fax:  (918)
524-5805

    Attention:
Chief Financial Officer

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    With a
copy to:

     

    Baker
Botts L.L.P.

    2001 Ross
Avenue, Suite 700

    Dallas,
Texas 75201

    Phone:                      (214)
953-6500

    Fax:  (214)
953-6503

    Attention:
Doug Rayburn, Esq.

     

    

    12.2 Any Party
may change the person and address to which notices or other communications to it
hereunder are to be sent by giving written notice of any such change to the
other Party in the manner provided in this Section.

     

    SECTION
13. GENERAL
PROVISIONS.

     

    13.1 Entire
Agreement; Exhibits and Schedules.  This Agreement,
and the Exhibits hereto, represent the entire understanding and agreement
between the Parties hereto with respect to the subject matter hereof and
supersede any previous agreements or correspondence between the Parties with
respect to the same.  All Exhibits annexed hereto or referred to
herein are hereby incorporated in and made a part of this Agreement as if set
forth in full herein.  Any capitalized terms used in any Exhibit but
not otherwise defined therein shall be defined as set forth in this
Agreement.

     

    13.2 Amendments
and Waivers. This Agreement and the Exhibits hereto can be amended,
supplemented or changed, and any provision hereof can be waived, only by written
instrument making specific reference to this Agreement or the Exhibit hereto
signed by the Party against whom enforcement of any such amendment, supplement,
modification or waiver is sought.  The Parties hereby acknowledge and
agree that a material amendment to this Agreement or any of the Exhibits
requires the approval of the Bankruptcy Court prior to the effective date of the
plan of reorganization in the Bankruptcy Cases.  The waiver by any
Party hereto of a breach of any provision of this Agreement shall not operate or
be construed as a further or continuing waiver of such breach or as a waiver of
any other or subsequent breach.  No failure on the part of any Party
to exercise, and no delay in exercising, any right, power or remedy hereunder
shall operate as a waiver thereof, nor shall any single or partial exercise of
such right, power or remedy by such Party preclude any other or further exercise
thereof or the exercise of any other right, power or remedy.

     

    13.3 Assignment;
Successors. This
Agreement shall be personal to each Party and no Party may assign or transfer
(directly or indirectly, by merger, consolidation, operation of law or
otherwise) its rights or obligations hereunder without the prior written consent
of the other Party, such consent not to be unreasonably withheld, conditioned or
delayed; provided, however, that a Party
may assign, without the prior written consent of each other Party, this
Agreement or their respective rights and obligations hereunder, in whole or in
part, to an Affiliate or any purchaser of or successor to all or substantially
all of the crude oil assets or business of such Party.  This Agreement
shall inure to the benefit of, and shall be binding upon, the Parties and their
respective permitted successors and assigns, including with respect to Service
Provider, any reorganized debtor entity appointed pursuant to the plan of
reorganization of Service Provider.

     

    13.4 Counterparts.  This Agreement
may be executed in any number of counterparts each of which, when so executed
and delivered (including by facsimile or electronic mail transmission), will be
deemed an original but all of which together will constitute one and the same
instrument.

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    13.5 Headings.  The captions of
this Agreement are for convenience only and are not a part of this Agreement and
do not in any way limit or amplify the terms and provisions of this Agreement
and shall have no effect on its interpretation.

     

    13.6 Severability.  If any term or
provision of this Agreement is invalid, illegal or incapable of being enforced
by Law or public policy, all other terms and provisions of this Agreement shall
nevertheless remain in full force and effect so long as the legal and economic
substance of the transactions contemplated hereby is not affected in any manner
materially adverse to any Party.  Upon such determination that any
term or provision is invalid, illegal or incapable of being enforced, the
parties hereto shall negotiate in good faith to modify this Agreement so as to
effect the original intent of the parties as closely as possible in an
acceptable manner in order that the transactions contemplated hereby are
consummated as originally contemplated to the greatest extent
possible.

     

    13.7 Governing
Law; Waiver of Jury Trial.  THIS AGREEMENT, THE RIGHTS AND
OBLIGATIONS OF THE PARTIES UNDER THIS AGREEMENT, AND ANY CLAIM OR CONTROVERSY
DIRECTLY OR INDIRECTLY BASED UPON OR ARISING OUT OF THIS AGREEMENT OR THE
TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT (WHETHER BASED ON CONTRACT, TORT, OR
ANY OTHER THEORY), INCLUDING ALL MATTERS OF CONSTRUCTION, VALIDITY AND
PERFORMANCE, SHALL IN ALL RESPECTS BE GOVERNED BY AND INTERPRETED, CONSTRUED,
AND DETERMINED IN ACCORDANCE WITH, THE INTERNAL LAWS OF THE STATE OF OKLAHOMA
(WITHOUT REGARD TO ANY CONFLICT OF LAWS PROVISION THAT WOULD REQUIRE THE
APPLICATION OF THE LAW OF ANY OTHER JURISDICTION).  THE PARTIES HEREBY
IRREVOCABLY AND UNCONDITIONALLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY
APPLICABLE LAW, ANY RIGHT THAT THEY MAY HAVE TO TRIAL BY JURY OF ANY CLAIM OR
CAUSE OF ACTION, OR IN ANY PROCEEDING, DIRECTLY OR INDIRECTLY BASED UPON OR
ARISING OUT OF THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT
(WHETHER BASED ON CONTRACT, TORT, OR ANY OTHER THEORY).  EACH PARTY
(A) CERTIFIES THAT NO REPRESENTATIVE, AGENT, OR ATTORNEY OF ANY OTHER PARTY HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE
EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER AND (B) ACKNOWLEDGES
THAT IT AND THE OTHER PARTIES HAVE BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY,
AMONG OTHER THINGS, THE MUTUAL WAIVERS IN THIS AGREEMENT

     

    13.8 Enforcement.

     

    (a) Without
limiting any Party’s right to appeal any Order of the Bankruptcy Court, (i) the
Bankruptcy Court shall retain exclusive jurisdiction to enforce the terms of
this Agreement and to decide any claims or disputes which may arise or result
from, or be connected with, this Agreement, any breach or default hereunder, or
the transactions contemplated hereby, and (ii) any and all actions related to
the foregoing shall be filed and maintained only in the Bankruptcy Court, and
the Parties hereby consent to and submit to the jurisdiction and venue of the
Bankruptcy Court and shall receive notices at such locations as indicated in
Section 12.1;
provided, however, that if a
plan of reorganization has become effective in the Bankruptcy Cases, the Parties
agree to and hereby unconditionally and irrevocably submit to the jurisdiction
of any federal or state court in Oklahoma and any appellate court from any
thereof, for the resolution of any such claim or dispute.

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    (b) The
Parties hereby unconditionally and irrevocably waive, to the fullest extent
permitted by Applicable Law, any objection which they may now or hereafter have
to the laying of venue of any dispute arising out of or relating to this
Agreement or any of the transactions contemplated hereby brought in any court
specified in paragraph (a) above, or any defense of inconvenient forum for the
maintenance of such dispute.  Each of the Parties hereto agrees that a
judgment in any such dispute may be enforced in other jurisdictions by suit on
the judgment or in any other manner provided by law.

     

    (c) Each of
the Parties hereto hereby consents to process being served by any Party to this
Agreement in any suit, action or proceeding by the mailing of a copy thereof in
accordance with the provisions of Section 12.1(ii);
provided, however, that such
service shall not be effective until the actual receipt thereof by the Party
being served.

     

    [Signature
page follows.]

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    IN WITNESS WHEREOF, the
Parties hereto have made and executed this Agreement as of the date hereof to be
effective as of the Effective Date.

     

    

    SERVICE
PROVIDER

    

    

    

    SEMCRUDE,
L.P.

    

    By:
SemOperating G.P., L.L.C., its general partner

    

    By: /s/ Terrence
Ronan                                                      

    Name:                                                      Terrence
Ronan

    Title:                                                      President
& CEO

    

    

    SEMMANAGEMENT,
L.L.C.

    

    

    By: /s/ Terrence
Ronan                                                      

    Name:                                                      Terrence
Ronan

    Title:                                                      President
& CEO

    

    

    

    SERVICE
RECIPIENT

    

    SEMGROUP
ENERGY PARTNERS, L.P.

    

    By:
SemGroup Energy Partners G.P., L.L.C., its general partner

    

    

    By: /s/ Alex G.
Stallings                                                      

    Name:                                                      Alex
G. Stallings

    Title:                                                      Chief
Financial Officer and Secretary

    

    

    SEMGROUP
ENERGY PARTNERS, L.L.C.

    

    

    By: /s/ Alex G.
Stallings                                                      

    Name:                                                      Alex
G. Stallings

    Title:                                                      Chief
Financial Officer and Secretary

    

    

    SEMGROUP
CRUDE STORAGE, L.L.C.

    

    

    By: /s/ Alex G.
Stallings                                                      

    Name:                                                      Alex
G. Stallings

    Title:                                                      Chief
Financial Officer and Secretary

    

    

    SEMPIPE
G.P., L.L.C.

    

    By: /s/ Alex G.
Stallings                                                      

    Name:                                                      Alex
G. Stallings

    Title:                                                      Chief
Financial Officer and Secretary

    

    

    SEMPIPE,
L.P.

    

    By:  SemPipe
G.P., L.L.C.,

            its
general partner

    

    

    By: /s/ Alex G.
Stallings                                                      

    Name:                                                      Alex
G. Stallings

    Title:                                                      Chief
Financial Officer and Secretary

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    EXHIBIT
A

     

    SHARED
SERVICES

     

    ARTICLE
I. TERM AND
TERMINATION.

     

    Section
1.01 Term.  Subject
to earlier termination in accordance with the provisions of Section 1.02 of this
Exhibit A,
Service Provider may provide the Services on this Exhibit A for a
period of thirty-six (36) months, commencing on the Effective Date, or for such
shorter period as provided in this Exhibit
A.  Parties may mutually agree to extend the term of this Exhibit A for
additional twelve (12) month periods.

     

    Section
1.02 Early
Termination.  This Agreement may be terminated with respect to
the shared services in this Exhibit A in the
following cases:

     

    
      	
              (a)  

            	
              by
      Service Recipient upon not less than ninety (90) days’ prior written
      notice to Service Provider with respect to all or any portion of the
      Services provided to it to it by Service Provider; provided, however, that
      the Parties may mutually agree in writing to shorten such notice period
      prior to termination of Services;

            

    

     

    
      	
              (b)  

            	
              by
      Service Provider with respect to the Services provided to Service
      Recipient upon not less than thirty (30) days’ prior written notice to
      Service Recipient in the event of a material breach by Service Recipient
      of any term or provision of this Agreement, unless such breach has been
      cured within fifteen (15) days from receipt by Service Recipient of such
      notice; provided, however; that
      nonpayment of any Disputed Items that remain outstanding in accordance
      with Section
      5.2(b) of this Agreement shall not constitute a breach of this
      Agreement;

            

    

     

    
      	
              (c)  

            	
              by
      Service Provider with respect to any Service outlined in this Exhibit
      provided to Service Recipient upon not less than fifteen (15) days’ prior
      written notice to Service Recipient in the event Service Provider
      experiences a loss of employees that results in Service Provider being
      unable to fulfill any Service outlined in this Exhibit; provided, however, that
      Service Recipient can elect a temporary suspension, allow Service Provider
      to cover with other employees, or allow Service Provider to use Outsourced
      Service for  Services rather than termination;
    and

            

    

     

    
      	
              (d)  

            	
              by
      Service Provider and Service Recipient upon mutual
    agreement.

            

    

     

    ARTICLE
II. SERVICES PROVIDED AND
CHARGES.

     

    Section
2.01 General.

     

    
      	
              (a)  

            	
              Service
      Provider will provide Service Recipient with the services of such
      employees as are requested by Service Recipient in order to enable Service
      Recipient to operate and maintain its crude oil transportation business,
      including coordination of the transportation and movement of Crude Product
      (as described in Section 2.03),
      DOT services (as described in Section 2.04),
      right of way coordination (as described in Section 2.05),
      environmental services (as described in Section 2.06),
      pipeline civil and structural maintenance (as described in Section 2.07),
      safety services (as described in Section 2.08),
      Pipeline Truck Station maintenance (as described in Section 2.09),
      Project Support (as defined in Section 2.10),
      and truck dispatch (as described in Section
      2.11).  The charges and other terms and conditions
      relating to such Services are more particularly described in Sections
      2.03-2.15 below.  Exhibit E of
      this Agreement provides information on job functions associated with the
      Services provided in Sections
      2.03-2.15 below.

            

    

     

    
      	
              (b)  

            	
              Services
      will be provided (i) consistent in all material respects with practices
      and processes for the performance of such Services as those the Service
      Provider provides for its own operations, to the extent applicable, (ii)
      as specifically noted in Sections
      2.03-2.15 below, (iii) with the same priority that Service Provider
      would afford Service Provider’s operations and (iv) in accordance with
      prudent industry practices and Applicable
Law.

            

    

     

    Section
2.02 Interim
Charges.

     

    
      	
              (a)  

            	
              For
      the first calendar month following the Effective Date the Parties agree
      that there will be a fixed fee for all labor charges, Employee Expenses,
      and Administrative Charge associated with the Services outlined in Sections
      2.03-2.15 below (the “Initial Fixed
      Fee”).  The Initial Fixed Fee will be
      $125,000.  The Parties may mutually agree to further extend the
      fixed fee period for one additional calendar month at a mutually agreed
      fixed fee payment (“Extended Fixed
      Fee”).  The Initial Fixed Fee and Extended Fixed Fee will
      be invoiced and paid as outlined in this Agreement.  All
      Outsourced Service associated with the Services outlined will be invoiced
      as in Sections
      2.03-2.15 below.

            

    

     

    Section
2.03 Crude
Movements.

     

    
      	
              (a)  

            	
              Service
      Provider will provide coordination of Crude Product movements for Service
      Recipient.

            

    

     

    
      	
              (b)  

            	
              Crude
      Movements Charge = Crude Movements Labor Charge + Crude Movements
      Outsourced Service Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with movement of Crude Products (“Crude Movements Labor
      Charge”) will be allocated 66% on ratio of number of active truck
      and pipeline injection points used by Shippers and 34% on ratio of Cushing
      storage customers.

            

    

     

    
      	
              1)  

            	
              Crude
      Movements Labor Charge = Crude Movements Labor*(0.66 * (Service Recipient
      Shipper Truck and Pipeline Injection Points/Total Shipper Truck and
      Pipeline Injection Points) + 0.34 * (Service Recipient Cushing
      Customers/Total  Cushing
Customers))

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to crude movements (“Crude Movements
      Outsourced Service Charges”) incurred by Service Provider will be
      allocated to Service Provider or Service Recipient, as applicable, when
      charges can be identified to a specific Party or, when such charges cannot
      be so identified, will be allocated based on the same methodology as Crude
      Movements Labor Charge.

            

    

     

    
      	
              (c)  

            	
              Service
      Provider may interact directly with Service Recipient’s Shippers regarding
      movement of Crude Products including blending requests as requested by
      Service Recipient.

            

    

     

    Section
2.04 Department of
Transportation.

     

    
      	
              (a)  

            	
              Service
      Provider will provide DOT services to Service Recipient.  DOT
      services may include the following services: DOT compliance manuals and
      training; DOT materials and guidance; review, interpretation and filing
      required regulatory DOT reports; interfacing with DOT regulatory personnel
      as needed; and assistance with and management of DOT
    audits.

            

    

     

    
      	
              (b)  

            	
              DOT
      Charge = DOT Labor Charge + DOT Outsourced Service
  Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with DOT (“DOT Labor
      Charge”) will be allocated 75% equally between the Service
      Recipient and Service Provider and 25% based on active pipeline and truck
      audits; provided, however, if
      there were no active pipeline and truck audits during the relevant period,
      then the charge will be equally allocated between Service Recipient and
      Service Provider.

            

    

     

    
      	
              1)  

            	
              If
      Total Active Pipeline and Truck Audits is greater than zero then DOT Labor
      Charge = DOT Labor*(0.75 * 0.50 + 0.25 * (Service Recipient Active
      Pipeline and Truck Audits/Total Active Pipeline and Truck
      Audits))

            

    

     

    
      	
              2)  

            	
              Or
      if Total Active Pipeline and Truck Audits is equal to zero then DOT Labor
      Charge = DOT Labor * 0.50

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to DOT (“DOT Outsourced Service
      Charges”) incurred by Service Provider will be allocated to Service
      Provider or Service Recipient, as applicable, when charges can be
      identified to a specific Party or, when such charges cannot be so
      identified, will be allocated based on the same methodology as DOT Labor
      Charge.

            

    

     

    
      	
              (c)  

            	
              Service
      Recipient will provide data for its assets that will be utilized in DOT
      reporting and Service Recipient is responsible for accuracy of data
      provided.

            

    

     

    
      	
              (d)  

            	
              Service
      Recipient will be responsible for ensuring that its business is in
      compliance with DOT laws and
regulations.

            

    

     

    Section
2.05 Right of
Way.

     

    
      	
              (a)  

            	
              Service
      Provider will provide right of way coordination to Service
      Recipient.  Right of way coordination may include the following
      services: facilitating Service Recipient right of way requests including
      negotiation and documentation for property rights, maintaining right of
      way records, managing property rights and seeking renewals of property
      rights, if applicable.

            

    

     

    
      	
              (b)  

            	
              Right
      of Way Charge = Right of Way Labor Charge + Right of Way Outsourced
      Service Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with right of way (“Right of Way Labor
      Charge”) will be allocated 75% based on miles of active pipe and
      25% based on number of all stations; provided, however that
      major projects which will require substantial Labor will be allocated
      based on time spent on Service Recipient’s
  projects.

            

    

     

    
      	
              (ii)  

            	
              Right
      of Way Labor Charge = (Right of Way Labor – Right of Way Special Project
      Labor)*(0.75 * (Service Recipient Miles of Pipe/Total Miles of Pipe + 0.25
      * (Service Recipient Right of Way Stations/Total Right of Way Stations)) +
      Right of Way Special Project Labor

            

    

     

    
      	
              (iii)  

            	
              Outsourced
      Service charges related to right of way (“Right of Way
      Outsourced Service Charges”) incurred by Service Provider will be
      allocated to Service Provider or Service Recipient, as applicable, when
      charges can be identified to a specific Party or, when such charges cannot
      be so identified, will be allocated based on the same methodology as Right
      of Way Labor Charge.

            

    

     

    
      	
              (c)  

            	
              Service
      Recipient will provide data for its assets that will be utilized in right
      of way work and Service Provider shall not be responsible for any
      inaccuracy in such data provided by Service
  Recipient.

            

    

     

    Section
2.06 Environmental.

     

    
      	
              a)  

            	
              Service
      Provider will provide environmental services to Service
      Recipient.  Environmental services may include the following:
      providing existing environmental program manuals, preparing required
      federal, state, and local environmental reports, working with Service
      Recipient to respond to environmental audits, and management of
      environmental program.

            

    

     

    
      	
              (b)  

            	
              Environmental
      Charge = Environmental Labor Charge + Environmental Outsourced Service
      Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with environmental services provided by Service
      Provider hereunder (“Environmental Labor
      Charge”) will be allocated 37.5% based on miles of active pipe,
      12.5% based on number of stations and 50% based on prior month’s
      Environmental Incidents, if there were no Environmental Incidents in the
      prior month then the charge will be allocated 75% based on miles of active
      pipe and 25% based on number of active
stations.

            

    

     

    
      	
              1)  

            	
              If
      Total Environmental Incidents is greater than zero then Environmental
      Labor Charge = Environmental Labor*(0.375 * (Service Recipient Miles of
      Pipe/Total Miles of Pipe)) + (0.125 * (Service Recipient Stations/Total
      Stations))  + (0.50*(Service Recipient Environmental
      Incidents/Total Environmental
Incidents))

            

    

     

    
      	
              2)  

            	
              Or
      if Total Environmental Incidents is equal to zero then Environmental Labor
      Charge = Environmental Labor*(0.75 * (Service Recipient Miles of
      Pipe/Total Miles of Pipe) + (0.25 * (Service Recipient Stations/Total
      Stations)))

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to environmental services provided by Service
      Provider hereunder (“Environmental
      Outsourced Service Charges”) incurred by Service Provider will be
      allocated to Service Provider or Service Recipient, as applicable, when
      charges can be identified to a specific Party or, when such charges cannot
      be so identified, will be allocated based on the same methodology as
      Environmental Labor Charge.

            

    

     

    
      	
              (c)  

            	
              Service
      Recipient will provide data for their assets that will be utilized in
      environmental work and Service Recipient is responsible for accuracy of
      data provided.

            

    

     

    
      	
              (d)  

            	
              Service
      Recipient is responsible for implementing appropriate environmental
      programs and any environmental related fees or fines.  Service
      Recipient will be responsible for ensuring that its business is in
      compliance with all environmental
regulations.

            

    

     

    Section
2.07 Pipeline Civil and
Structural Maintenance.

     

    
      	
              (a)  

            	
              Service
      Provider will provide pipeline civil and structural maintenance (“Pipeline C&S
      Maintenance”) to Service Recipient.  Service Provider
      will not provide Pipeline C&S Maintenance for Service Recipient’s
      SemPipe, L.P. assets.

            

    

     

    
      	
              (b)  

            	
              Pipeline
      C&S Maintenance Charge = Pipeline C&S Maintenance Labor Charge +
      Pipeline C&S Maintenance Outsourced Service
  Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with pipeline civil and structural maintenance
      (“Pipeline
      C&S Maintenance Labor Charge”) will be allocated 50% based on
      miles of active pipe, 25% based on number of active pipeline stations and
      25% based on number of Cushing active storage tanks.  For
      purposes of Pipeline C&S Maintenance charges, all Service Recipient
      assets will be adjusted to remove all SemPipe, L.P.’s
    assets.

            

    

     

    
      	
              1)  

            	
              Pipeline
      C&S Maintenance Labor Charge = Pipeline C&S Maintenance
      Labor*(0.50 * (Service Recipient Miles of Pipe/Total Miles of Pipe + 0.25
      * (Service Recipient Pipeline Stations/Total Pipeline
      Stations)+0.25*(Service Recipient Cushing Storage Tanks/Total Cushing
      Storage Tanks)

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to pipeline civil and structural maintenance
      (“Pipeline
      C&S Maintenance Outsourced Service Charges”) incurred by
      Service Provider will be allocated to Service Provider or Service
      Recipient, as applicable, when charges can be identified to a specific
      Party or, when such charges cannot be so identified, will be allocated
      based on the same methodology as Pipeline C&S Maintenance Labor
      Charge.

            

    

     

    
      	
              (c)  

            	
              Service
      Recipient will be responsible for authorizing, funding and/or implementing
      any capital improvements recommended by Service Provider; provided that
      Service Recipient may elect not to make any such capital improvements in
      its sole discretion.

            

    

     

    Section
2.08 Safety.

     

    
      	
              (a)  

            	
              Service
      Provider will provide safety services to Service
      Recipient.  Safety services may include the following: providing
      existing safety program manuals, policies and training materials;
      reviewing and interpreting regulatory matters; assisting as needed in
      conducting incident investigations; interfacing with Service Recipient’s
      workman’s compensation insurance personnel and/or provider; preparing
      required federal, state, and local safety reports and participating in
      health and safety regulatory and/or third party
  audits.

            

    

     

    
      	
              (b)  

            	
              Safety
      Charge  = Safety Labor Charge + Safety Outsourced Service
      Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with safety (“Safety Labor
      Charge”) will be allocated based on ratio of employees covered by
      safety program.

            

    

     

    
      	
              1)  

            	
              Safety  Labor
      Charge = Safety Labor * (Service Recipient Safety Employees/(Service
      Recipient Safety Employees + Service Provider Safety
      Employees))

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to safety (“Safety Outsourced
      Service Charges”) incurred by Service Provider will be allocated to
      Service Provider or Service Recipient, as applicable, when charges can be
      identified to a specific Party or, when such charges cannot be so
      identified, will be allocated based on the same methodology as Safety
      Labor Charge.

            

    

     

    
      	
              (c)  

            	
              Service
      Recipient is responsible for implementation and enforcement of Service
      Recipient’s safety program.

            

    

     

    Section
2.09 Pipeline Truck Station
Maintenance.

     

    
      	
              (a)  

            	
              Pipeline
      Truck Station maintenance services will only be provided for truck
      stations located in Kansas and Northern Oklahoma that are operated by
      Service Recipient as of the Effective
Date.

            

    

     

    
      	
              (b)  

            	
              Service
      Provider will provide Pipeline Truck Station maintenance for three (3)
      months from the Effective Date for any Service Recipient Pipeline Truck
      Stations not contiguous to Service Provider’s assets.  Service
      Provider will provide Pipeline Truck Station maintenance for twelve (12)
      months from the Effective Date for any Service Recipient Pipeline Truck
      Station contiguous to Service Provider’s
assets.

            

    

     

    
      	
              (c)  

            	
              Pipeline
      Truck Station Maintenance Charge = Pipeline Truck Station Maintenance
      Labor Charge + Pipeline Truck Station Maintenance Outsourced Service
      Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with Pipeline Truck Station maintenance (“Pipeline Truck Station
      Maintenance Labor Charge”) will be allocated for three (3) months
      at 25% of total labor supporting active Pipeline Truck Stations with
      maintenance provided by Service Provider and the subsequent nine (9)
      months will be at 10% of total labor supporting active Pipeline Truck
      Stations provided by Service Provider.  If Service Recipient
      requests that maintenance services be provided by Service Provider after
      twelve (12) months, then any such maintenance service will be based on
      105% of Labor associated with Pipeline Truck Station maintenance service
      provided to Service Recipient.  Service Provider will only
      provide Pipeline Truck Station maintenance allocations for Service
      Recipient Pipeline Truck Stations located in Kansas and Northern
      Oklahoma.

            

    

     

    
      	
              1)  

            	
              For
      months one (1) through three (3) after the Effective Date, Pipeline Truck
      Station Maintenance Labor Charge = Pipeline Truck Station Maintenance
      Labor*0.25

            

    

     

    
      	
              2)  

            	
              For
      months four (4) through twelve (12) after the Effective Date, Pipeline
      Truck Station Maintenance Labor Charge = Pipeline Truck Station
      Maintenance Labor*0.10

            

    

     

    
      	
              3)  

            	
              For
      any labor utilized twelve (12) months after the Effective Date Pipeline
      Truck Station Maintenance Labor Charge = Service Recipient Pipeline Truck
      Station Maintenance Project Labor *
1.05

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to Pipeline Truck Station maintenance (“Pipeline Truck Station
      Maintenance Outsourced Service Charges”) incurred by Service
      Provider will be allocated to Service Provider or Service Recipient, as
      applicable, when charges can be identified to a specific Party or, when
      such charges cannot be so identified, will be allocated based on the same
      methodology as Pipeline Truck Station Maintenance Labor
      Charge.

            

    

     

    Section
2.10 Project
Support.

     

    
      	
              (a)  

            	
              Service
      Provider will provide advisory services, which may include engineering,
      project management, integrity management, cathodic protection, and
      instrumentation and electrical maintenance (“Project
      Support”) for pipelines, stations, terminals, and storage
      tanks.

            

    

     

    
      	
              (b)  

            	
              Project
      Support = Project Support Labor Charge + Project Support Outsourced
      Service Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with Project Support (“Project Support Labor
      Charge”) will be allocated based on time spent on Service
      Recipient’s projects.

            

    

     

    
      	
              1)  

            	
              Project
      Support Labor Charge = Project Support Labor*(Service Recipient Project
      Support Hours/Total Project Support
Hours)

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to Project Support (“Project Support
      Outsourced Service Charges”) applicable to projects requested by
      Service Recipient will be directly charged to Service
      Recipient.

            

    

     

    
      	
              (c)  

            	
              Service
      Recipient is responsible for authorizing, funding, implementing and/or
      executing the projects; provided, that
      Service Recipient may elect in its sole discretion not to undertake any
      such project.

            

    

     

    Section
2.11 Truck
Dispatch.

     

    
      	
              (a)  

            	
              Service
      Provider will provide truck dispatch services for a portion of Oklahoma
      pertaining to Service Recipient’s
trucks.

            

    

     

    
      	
              (b)  

            	
              Truck
      Dispatch = Truck Dispatch Labor Charge + Truck Dispatch Outsourced Service
      Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with truck dispatch (“Truck Dispatch Labor
      Charge”) will be allocated based on ratio of number of trucks being
      dispatched.

            

    

     

    
      	
              1)  

            	
              Truck
      Dispatch Labor Charge = Truck Dispatch Labor*(Service Recipient Trucks
      Dispatched/Total Trucks Dispatched)

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to truck dispatch (“Truck Dispatch
      Outsourced Service Charges”) incurred by Service Provider will be
      allocated to Service Provider or Service Recipient, as applicable, when
      charges can be identified to a specific Party or, when such charges cannot
      be so identified, will be allocated based on the same methodology as Truck
      Dispatch Labor Charge.

            

    

     

    Section
2.12 Employee Related
Charges.

     

    
      	
              (a)  

            	
              Employee
      Expenses directly related to Services provided to Service Recipient will
      be directly passed through to Service Recipient.  Employee
      Expenses associated with Services under this Exhibit A not
      directly identifiable as pertaining to the Service Recipient or the
      Service Provider will be allocated based on the labor charge allocation
      for that Service.

            

    

     

    Section
2.13 Administrative
Charge.

     

    
      	
              (a)  

            	
              Service
      Provider will add an administrative charge of 12% to all labor related
      charges, however, such charges will not exceed $10,000 per calendar
      month.  The administrative charge is for invoice preparation and
      documentation, third party charge invoicing and accounts payable,
      responding to Service Recipient’s requests and questions on invoices, and
      any labor charges that might be incurred from Service Provider staff that
      performs work under this Exhibit A but
      is not assigned to areas covered by the
  Agreement.

            

    

     

    
      	
              (b)  

            	
              Administrative
      Charge = Lesser of $10,000 or (0.12 * (Cushing Terminal Operations Labor
      Charge + Crude Movements Labor Charge + DOT Labor Charge + Right of Way
      Labor Charge + Environmental Labor Charge + Pipeline C&S Maintenance
      Labor Charge + Safety Labor Charge + Pipeline Truck Station Maintenance
      Labor Charge + Project Support Labor Charge + Truck Dispatch Labor
      Charge))

            

    

     

    Section
2.14 Payment
of Charges.

     

    
      	
              (a)  

            	
              Services
      outlined in this Exhibit A will
      be invoiced monthly in accordance with Section 5 of
      this Agreement.

            

    

     

    Section
2.15 Amendment
to Exhibit.

     

    
      	
              (a)  

            	
              Changes
      to the Services provided under this Exhibit A must
      be formalized as an amendment to this Exhibit A and
      accepted in writing by the Parties.

            

    

     

    

     

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    EXHIBIT
B

     

    CUSHING
SHARED SERVICES

     

    ARTICLE
I. TERM AND
TERMINATION.

     

    Section
1.01 Term.  Subject
to earlier termination in accordance with the provisions of Section 1.02 of this
Exhibit B,
Service Provider may provide the Services on this Exhibit B for a
period of thirty-six (36) months, commencing on the Effective
Date.  Parties may mutually agree to extend the term of this Exhibit B for
additional twelve (12) month periods.

     

    Section
1.02 Early
Termination.  This Agreement may be terminated with respect to
the shared services in this Exhibit B in the
following cases:

     

    
      	
              (a)  

            	
              by
      Service Recipient upon not less than ninety (90) days’ prior written
      notice to Service Provider with respect to all or any portion of the
      Services provided to it to it by Service Provider; provided, however, that
      the Parties may mutually agree in writing to shorten such notice period
      prior to termination of Services;

            

    

     

    
      	
              (b)  

            	
              by
      Service Provider with respect to the Services provided to Service
      Recipient upon not less than thirty (30) days’ prior written notice to
      Service Recipient in the event of a material breach by Service Recipient
      of any term or provision of this Agreement, unless such breach has been
      cured within fifteen (15) days from receipt by Service Recipient of such
      notice; provided, however; that
      nonpayment of any Disputed Items that remain outstanding in accordance
      with Section
      5.2(b) of this Agreement shall not constitute a breach of this
      Agreement; provided, further, that
      if Service Provider terminates this Agreement with respect to the shared
      services in this Exhibit B
      pursuant to this Section
      1.02(b), then Service Recipient shall have the option to terminate
      the lease relating to the Cushing property (except for the Cushing
      Interchange building that houses the SCADA equipment) upon not less than
      ninety (90) days’ prior written notice to Service
  Provider;

            

    

     

    
      	
              (c)  

            	
              by
      Service Provider with respect to any Service outlined in this Exhibit B
      provided to Service Recipient upon not less than fifteen (15) days’ prior
      written notice to Service Recipient in the event Service Provider
      experiences a loss of employees that results in Service Provider being
      unable to fulfill any Service outlined in this Exhibit B;
      provided,
      however,
      that Service Recipient can elect to temporary suspension, allow Service
      Provider to cover with other employees, or allow Service Provider to use
      Outsourced Service for Services rather than termination;
    and

            

    

     

    
      	
              (d)  

            	
              by
      Service Provider and Service Recipient upon mutual
    agreement.

            

    

     

    ARTICLE
II. SERVICES PROVIDED AND
CHARGES.

     

    Section
2.01 General.

     

    
      	
              (a)  

            	
              Service
      Provider will provide Service Recipient with the services of such
      employees as are requested by Service Recipient in order to enable Service
      Recipient to operate and maintain its Cushing, Oklahoma business
      consisting of terminal operations (as described in Section
      2.03).  The charges and other terms and conditions
      relating to such Services are more particularly described in Section 2.03
      below.  Exhibit E of
      this Agreement provides information on job functions associated with the
      Services provided in Section 2.03
      below.

            

    

     

    
      	
              (b)  

            	
              Services
      will be provided (i) consistent in all material respects with practices
      and processes for the performance of such Services as those the Service
      Provider provides for its own operations, to the extent applicable, (ii)
      as specifically noted in Section 2.03
      below, (iii) with the same priority that Service Provider would afford
      Service Provider’s operations and (iv) in accordance with prudent industry
      practices and Applicable Law.

            

    

     

    Section
2.02 Interim
Charges.

     

    
      	
              (a)  

            	
              For
      the first calendar month following the Effective Date the Parties agree
      that there will be a fixed fee for all labor charges, Employee Expenses,
      and Administrative Charge associated with the Services outlined in Section 2.03
      below (the “Initial Fixed
      Fee”).  The Initial Fixed Fee will be
      $20,000.  The Parties may mutually agree to further extend the
      fixed fee period for one (1) additional calendar month at a mutually
      agreed fixed fee payment (“Extended Fixed
      Fee”).  The Initial Fixed Fee and Extended Fixed Fee will
      be invoiced and paid as outlined in this Agreement.  All
      Outsourced Services associated with the Services outlined will be invoiced
      as in Section
      2.03 below.

            

    

     

    Section
2.03 Cushing Terminal
Operations.

     

    
      	
              (a)  

            	
              Service
      Provider will provide Service Recipient with the Services of such
      employees as are requested by Service Recipient in order to enable Service
      Recipient to operate and maintain its Cushing Storage Tanks and related
      equipment.  Services will be provided (i) consistent in all
      material respects with practices and processes for the performance of such
      Services as those the Service Provider provides for its own operations, to
      the extent applicable, (ii) with the same priority as Service Provider
      would afford Service Provider’s operations and (iii) in accordance with
      prudent industry practices and Applicable
Law.

            

    

     

    
      	
              (b)  

            	
              Cushing
      Terminal Operations Charge = Cushing Terminal Operations Labor Charge +
      Cushing Terminal Operations Outsourced Service
  Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with operations of the Cushing terminals (“Cushing Terminal
      Operations Labor Charge”) will be allocated 25% on ratio of barrel
      shipments into Cushing Terminals and 75% on ratio of barrel shipments out
      of Cushing.    Exhibit E
      of this Agreement provides information on job functions associated with
      the Services provided in this Exhibit
      B.

            

    

     

    
      	
              (c)  

            	
              Cushing
      Terminal Operations Labor Charge = Cushing Terminal Operations Labor*(0.25
      * (Service Recipient Barrel Shipments Into Cushing/Total Barrel Shipments
      Into Cushing) + 0.75 * (Service Recipient Barrel Shipments Out of
      Cushing/Total Barrel Shipments Out of
Cushing))

            

    

     

    
      	
              (i)  

            	
              Outsourced
      Service charges related to operations of the Total Cushing Storage Tanks
      (“Cushing
      Terminal Outsourced Service Charges”) incurred by Service Provider
      will be allocated to Service Provider or Service Recipient, as applicable,
      based on ownership of storage tanks when charges are identifiable by a
      specific tank or tanks, or if such charges are not identifiable by a
      specific tank or tanks, will be allocated based on the same methodology as
      Cushing Terminal Operations Labor
Charge.

            

    

     

    
      	
              (d)  

            	
              Service
      Provider may interact directly with Service Recipient’s Shippers regarding
      handling of Crude Products including blending requests as requested by
      Service Recipient.

            

    

     

    Section
2.04 Cushing Terminal
Maintenance

     

    
      	
              (a)  

            	
              Service
      Provider will provide maintenance and repair service to real and personal
      property related to the crude oil storage and transportation service
      businesses of the Parties located in Cushing, Oklahoma, including
      providing the following exhaustive list of services to the extent Parties
      are required to perform such maintenance and repair (“Cushing Terminal
      Maintenance”).  The Cushing Terminal Maintenance list of
      services may from time to time be expanded as mutually agreed by the
      Parties.

            

    

     

    
      	
              (b)  

            	
              Maintenance,
      repair and construction of the
following:

            

    

     

    
      	
              (i)  

            	
              Roads;

            

    

     

    
      	
              (ii)  

            	
              Fences;

            

    

     

    
      	
              (iii)  

            	
              Berms;

            

    

     

    
      	
              (iv)  

            	
              Ingress/Egress
      Gates;

            

    

     

    
      	
              (v)  

            	
              Perimeter
      lighting, ancillary security devices and security services, if any;
      and

            

    

     

    
      	
              (vi)  

            	
              Construction
      and upkeep of the fire-water and fire foam protection
    systems.

            

    

     

    
      	
              (c)  

            	
              Each
      Party will maintain all necessary permits required to own and operate
      Cushing North except as noted in the Title V Air Permit section
      below.

            

    

     

    
      	
              (d)  

            	
              Facilities
      owned by both Parties will be covered jointly under one Facilities
      Response Plan.

            

    

     

    
      	
              (e)  

            	
              Cushing
      Terminal Maintenance Charge = Cushing Terminal Maintenance Outsourced
      Service Charges

            

    

     

    
      	
              (i)  

            	
              Outsourced
      Service charges related to Cushing Terminal Maintenance (“Cushing Terminal
      Maintenance Outsourced Service Charges”) incurred by Service
      Provider will be allocated based on ownership of Cushing storage tanks to
      Service Provider or Service Recipient, as applicable, when charges are
      identifiable by a specific storage tank or tanks and will be allocated
      based on Service Recipient’s pro rata share of Cushing storage tanks
      (Service Recipient Cushing Storage Tanks/Total Cushing Storage Tanks) if
      charges are applicable to Total Cushing Storage
  Tanks.

            

    

     

    Section
2.05 Cushing North Electric
Utilities

     

    
      	
              (i)  

            	
              Service
      Provider has a separate meter account for electricity used by its six (6)
      350K barrel tanks located on Service Provider’s property, which will
      continue to be billed to and paid by Service
  Provider.

            

    

     

    
      	
              (ii)  

            	
              All
      of Service Recipient’s Cushing Storage Tanks, Service Provider’s 250K
      barrel tanks and various other electricity demands at Cushing North are
      currently consolidated into a single utility bill that is paid by Service
      Recipient.

            

    

     

    
      	
              1)  

            	
              Until
      all electricity services are split between Service Provider and Service
      Recipient at Cushing North (as described below), Service Provider and
      Service Recipient will each pay a portion of the electricity pro rata
      based on the percentage of their respective storage tanks located at
      Cushing North as compared to the Total Cushing Storage
    Tanks.

            

    

     

    
      	
              (iii)  

            	
               Split
      of Cushing North Electric Services:

            

    

     

    
      	
              1)  

            	
              Promptly
      after the Effective Date, Service Recipient and Service Provider will each
      grant an easement to Oklahoma Gas & Electric covering the current
      electrical lines in place that support Cushing North in order to
      facilitate the installation of two (2) separate electrical meters to serve
      Service Recipient and Service Provider
  individually.

            

    

     

    
      	
              2)  

            	
              Once
      the two (2) separate meters are installed and operational, Service
      Recipient and Service Provider will be billed for and pay their own
      electric utilities for their respective operations at Cushing
      North.

            

    

     

    Section
2.06 Title V Air
Permit

     

    
      	
              (a)  

            	
              Service
      Recipient is the current holder of the Title V Air Permit for operations
      located on the northern or central property of Service Recipient and/or
      Service Provider located in Cushing, Oklahoma (“Cushing
      Property”).

            

    

     

    
      	
              (b)  

            	
              Service
      Provider and Service Recipient will continue to own and operate their
      respective portions of Cushing Property under Service Recipient’s Title V
      Air Permit until such time as Service Provider decides, in its sole
      discretion, to obtain its own Title V Air Permit for its real property at
      Cushing, Oklahoma.

            

    

     

    
      	
              (c)  

            	
              Until
      Service Provider obtains its own Title V Air Permit, if ever, covering its
      Cushing Property, Service Provider and Service Recipient will each pay
      their pro rata portion of any fees and expenses directly related to
      renewal of the permit based on the percentage of their respective storage
      tanks located on the Cushing Property as compared to the Total Cushing
      Storage Tanks located on the Cushing
Property.

            

    

     

    
      	
              (d)  

            	
              Service
      Provider shall be solely responsible for any costs or other liabilities
      related to any violations of the Title V Air Permit caused by Service
      Provider or its Affiliates not specifically excluded per this
      Agreement

            

    

     

    Section
2.07 Employee Related
Charges.

     

    
      	
              (a)  

            	
              Employee
      Expenses directly related to Services provided to Service Recipient will
      be directly passed through to Service Recipient.  Employee
      Expenses associated with Services under this Exhibit B of
      this Agreement not directly identifiable as pertaining to the Service
      Recipient or the Service Provider will be allocated based on the labor
      charge allocation for that Service.

            

    

     

    Section
2.08 Administrative
Charge.

     

    
      	
              (a)  

            	
              Service
      Provider will add an administrative charge of 12% to all labor related
      charges, however, such charges will not exceed $750 per calendar
      month.  The administrative charge is for invoice preparation and
      documentation, third party charge invoicing and accounts payable,
      responding to Service Recipient’s requests and questions on invoices, and
      any labor charges that might be incurred from Service Provider staff that
      performs work under this Exhibit B but
      is not assigned to areas covered by the
  Agreement.

            

    

     

    
      	
              (b)  

            	
              Administrative
      Charge = Lesser of $750 or (0.12 * (Cushing Terminal Operations Labor
      Charge))

            

    

     

    Section
2.09 Insurance.

     

    
      	
              (a)  

            	
              Service
      Provider and Service Recipient shall maintain separate property and
      liability insurance policies covering their own property at Cushing North,
      except as provided in this Section 2.07 of
      this Exhibit
      B.

            

    

     

    
      	
              (i)  

            	
              Liability
      insurance is currently covered by the Service Provider umbrella liability
      insurance policy which will be renewed in April 2009.  No later
      than April 18, 2009, each of Service Provider and Service Recipient will
      obtain and have in full force their own separate liability insurance
      policies.  Until such time, Service Recipient and Service
      Provider will continue to be covered under the Service Provider umbrella
      liability insurance policy.

            

    

     

    Section
2.10 Payment of
Charges.

     

    
      	
              (a)  

            	
              Services
      outlined in this Exhibit B will
      be invoiced monthly in accordance with Section 5 of
      this Agreement.

            

    

     

    Section
2.11 Amendment
to Exhibit.

     

    
      	
              (a)  

            	
              Changes
      to the Services provided under this Exhibit B must
      be formalized as an amendment to this Exhibit B and
      accepted in writing by the Parties.

            

    

     

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    EXHIBIT
C

     

    SCADA
SERVICES

     

    ARTICLE
I. TERM AND
TERMINATION.

     

    Section
1.01 Term.  Subject
to earlier termination in accordance with the provisions of Section 1.02 of
this Exhibit C,
Service Provider will provide the Services on this Exhibit C for a
period of five (5) years, commencing on the Effective Date.  Service
Recipient may elect to extend the term of this Exhibit C for two
subsequent five (5) year terms; provided, however that Service
Provider will not be required to provide any Services under this Exhibit C after March
31, 2024 unless the Parties mutually agree in writing to an
extension.

     

    Section
1.02 Early
Termination.  This Agreement may be terminated with respect to
the shared services in this Exhibit C in the
following cases:

     

    
      	
              (a)  

            	
              by
      Service Recipient upon not less than ninety (90) days prior written notice
      to Service Provider with respect to all or any portion of the Services
      provided to it to it by Service Provider; provided, however, that the
      Parties may mutually agree in writing to shorten such written notice
      period;

            

    

     

    
      	
              (b)  

            	
              by
      Service Provider with respect to the Services provided to Service
      Recipient upon not less than thirty (30) days’ prior written notice to
      Service Recipient in the event of a material breach by Service Recipient
      of any term or provision of this Agreement, unless such breach has been
      cured within fifteen (15) days from receipt by Service Recipient of such
      notice; provided, however; that
      nonpayment of any Disputed Items that remain outstanding in accordance
      with Section
      5.2(b) of this Agreement shall not constitute a breach of this
      Agreement; provided, further, that
      if Service Provider terminates this Agreement with respect to the shared
      services in this Exhibit C
      pursuant to this Section
      1.02(b), then Service Recipient shall have the option to terminate
      the lease relating to the Oklahoma City, Oklahoma property upon not less
      than one hundred eighty (180) days’ prior written notice to Service
      Provider; and

            

    

     

    
      	
              (c)  

            	
              by
      Service Provider and Service Recipient upon mutual
    agreement.

            

    

     

    ARTICLE
II. SERVICES PROVIDED AND
CHARGES

     

    Section
2.01 General.

     

    
      	
              (a)  

            	
              Service
      Provider will provide Service Recipient with the services of such
      employees as are requested by Service Recipient to provide SCADA control
      room operations (as described in Section 2.03).  The charges and
      other terms and conditions relating to such Services are more particularly
      described in Section 2.03 below.  Exhibit E of
      this Agreement provides information on job functions associated with the
      Services provided in Section 2.03
      below.

            

    

     

    
      	
              (b)  

            	
              Services
      will be provided (i) consistent in all material respects with practices
      and processes for the performance of such Services as those the Service
      Provider provides for its own operations, to the extent applicable, (ii)
      as specifically noted in Section 2.03
      below, (iii) with the same priority that Service Provider would afford
      Service Provider’s operations and (iv) in accordance with prudent industry
      practices and Applicable Law.

            

    

     

    Section
2.02 Interim
Charges.

     

    
      	
              (a)  

            	
              For
      the first calendar month following the Effective Date the Parties agree
      that there will be a fixed fee for all labor charges, Employee Expenses,
      and Administrative Charge associated with the Services outlined in Section 2.03
      below (the “Initial Fixed
      Fee”).  The Initial Fixed Fee will be
      $15,000.  The Parties may mutually agree to further extend the
      fixed fee period for an additional calendar month following the Effective
      Date at a mutually agreed fixed fee payment (“Extended Fixed
      Fee”).  The Initial Fixed Fee and Extended Fixed Fee will
      be invoiced and paid as outlined in this Agreement.  All
      Outsourced Service associated with the Services outlined will be invoiced
      as in Section
      2.03 below.

            

    

     

    Section
2.03 SCADA Control Room
Operations.

     

    
      	
              (a)  

            	
              Service
      Provider will provide SCADA control room operations to Service
      Recipient.  SCADA control room operations may include the
      following Services: providing SCADA control room operations, including
      taking directions from Service Recipient and/or Service Provider,
      providing SCADA output data to Service Recipient as
      requested,  and maintaining SCADA control room equipment,
      hardware, and software.  SCADA related services will be
      consistent with those of the Service Provider.  Services will be
      provided (i) consistent in all material respects with practices and
      processes for the performance of such Services as those the Service
      Provider provides for its own operations, to the extent applicable, (ii)
      with the same priority as Service Provider would afford Service Provider’s
      operations and (iii) in accordance with prudent industry practices and
      Applicable Law.  The Parties acknowledge and agree that,
      notwithstanding anything in this Exhibit C or
      this Agreement, the SCADA related services under this Exhibit C are
      subject to the terms, conditions, and restrictions of any agreement under
      which any third-party software incorporated in, used in connection with or
      related to the SCADA System or SCADA control room operations is licensed
      to Service Provider.

            

    

     

    
      	
              (b)  

            	
              SCADA
      Charge  = SCADA Labor Charge + SCADA Outsourced Service
      Charges

            

    

     

    
      	
              (i)  

            	
              Charges
      for Labor associated with SCADA (“SCADA Labor
      Charge”) will be allocated based on the ratio of Service Recipient
      SCADA Data Registers covered by Service Provider SCADA control room
      operations to the total number of SCADA data registers covered by Service
      Provider.  Exhibit E of
      this Agreement provides information on job functions associated with the
      Services provided in this Exhibit
      C.

            

    

     

    
      	
              1)  

            	
              SCADA
      Labor Charge = SCADA Labor * (Service Recipient SCADA Registers/Total
      SCADA Registers)

            

    

     

    
      	
              (ii)  

            	
              Outsourced
      Service charges related to SCADA (“SCADA Outsourced
      Service Charges”) incurred by Service Provider will be allocated to
      Service Provider or Service Recipient, as applicable, when charges can be
      identified to a specific Party or, when such charges cannot be identified,
      will be allocated based on the same methodology as SCADA Labor
      Charge.

            

    

     

    
      	
              (c)  

            	
              Service
      Recipient is responsible for maintaining its owned SCADA equipment,
      hardware, and software.  Service Recipient shall not be
      responsible or charged for maintenance or capital expenditures associated
      with SCADA equipment owned by Service
Provider.

            

    

     

    
      	
              (d)  

            	
              Service
      Provider is responsible for maintaining its owned SCADA equipment,
      hardware, and software, including its SCADA control room equipment,
      hardware, and software.  Maintaining SCADA equipment, hardware,
      and software includes upgrading the system as may be needed to address
      reliability, malfunction, or failure.  To the extent Service
      Provider upgrades SCADA control room equipment, hardware, or software that
      requires an upgrade to Service Recipient-owned equipment, hardware, or
      software, then to the extent Service Recipient does not or chooses not to
      perform such upgrade, then Service Provider is no longer obligated to
      provide any Services to, or with respect to, such non-upgraded equipment,
      hardware, or software.

            

    

     

    Section
2.04 Employee Related
Charges.

     

    
      	
              (a)  

            	
              Employee
      Expenses directly related to Services provided to Service Recipient will
      be directly passed through to Service Recipient.  Employee
      Expenses associated with Services under this Exhibit C not
      directly identifiable as pertaining to the Service Recipient or the
      Service Provider will be allocated based on the labor charge allocation
      for that Service.

            

    

     

    Section
2.05 Administrative
Charge.

     

    
      	
              (a)  

            	
              Service
      Provider will add an administrative charge of 12% to all labor related
      charges, however, such charges will not exceed $750 per calendar
      month.  The administrative charge is for invoice preparation and
      documentation, third party charge invoicing and accounts payable,
      responding to Service Recipient’s requests and questions on invoices, and
      any labor charges that might be incurred from Service Provider staff that
      performs work under this Exhibit C but
      is not assigned to areas covered by the
  Agreement.

            

    

     

    
      	
              (b)  

            	
              Administrative
      Charge = Lesser of $750 or (0.12 * (SCADA Labor
  Charge))

            

    

     

    Section
2.06 Payment of
Charges.

     

    
      	
              (a)  

            	
              Services
      outlined in this Exhibit C will
      be invoiced monthly in accordance with Section 5 of
      this Agreement.

            

    

     

    Section
2.07 Amendment
to Exhibit.

     

    
      	
              (a)  

            	
              Changes
      to the Services provided under this Exhibit C must
      be formalized as an amendment to this Exhibit C and
      accepted in writing by the Parties.

            

    

     

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    EXHIBIT
D

     

    DEFINED
TERMS

    

    “2009 Fiscal Year” has
the meaning given such term in Section
5.6.

    

    “Active” and “active” means active
and in use on the last day of any applicable calendar month.

    

    “Agreement” has the
meaning given such term in the preamble.

    

    “Applicable Law” means
(i) any law, statute, regulation, code, ordinance, license, decision, order,
writ, injunction, decision, directive, judgment, policy, or decree of any
Governmental Authority and any judicial or administrative interpretations
thereof, (ii) any agreement, concession or arrangement with any Governmental
Authority and (iii) any license, permit or compliance requirement by any
Governmental Authority, in each case applicable to either Party and as amended
or modified from time to time.

    

    “Bankruptcy Cases”
means (i) the chapter 11 cases commenced by SemGroup and certain of its direct
and indirect subsidiaries (other than SemGroup Holdings) on July 22, 2008,
jointly administered under Case No. 08-11525 (BLS) and (ii) the chapter 11 case
commenced by SemGroup Holdings on October 22, 2008 under Case No. 08-12504
(BLS).

    

    “Bankruptcy Court”
means the United States Bankruptcy Court for the District of Delaware or any
other court having jurisdiction over the Bankruptcy Cases from time to
time.

    

    “Budgeted Service
Fees” has the meaning given such term in Section
5.6.

    

    “Confidential
Information” has the meaning given such term in Section
10.

    

    “Crude Movements
Labor” means Labor assigned to crude movements.

    

    “Crude Products” means
crude oil and any related crude oil products utilized for blending.

    

    “Cushing Terminal Operations
Labor” means Labor assigned to terminal operations at Total Cushing
Storage Tanks.

    

    “Dispute Notice” has
the meaning given such term in Section
5.2(b).

    

    “Disputed Items” has
the meaning given such term in Section
5.2(b).

    

    “DOT” means the United
States Department of Transportation.

    

    “DOT Labor” means
Labor assigned to DOT services.

    

    “Effective Date” has
the meaning given such term in the preamble.

    

    “Employee Expenses”
means travel related expenses and vehicle leasing costs related to Service
Provider employees included in Labor, excluding personal cell phone or mobile
device charges.

    

    “Environmental
Incident” means audits, investigations, and inquiries by local, state, or
federal environmental regulatory agencies regarding Service Recipient or Service
Provider assets.

    

    “Environmental Labor”
means Labor assigned to environmental services.

    

    “Governmental
Authority” means any foreign or U.S. federal, state, regional, local or
municipal governmental body, agency, instrumentality, board, bureau, commission,
department, authority or entity established or controlled by a government or
subdivision thereof, including any legislative, administrative or judicial body,
or any person purporting to act therefor.

    

    “Indemnification
Claim” has the meaning given such term in Section
9.4.

    

    “Indemnitees” has the
meaning given such term in Section
9.1.

    

    “Indemnitor” has the
meaning given such term in Section
9.1.

    

    “Labor” means fully
loaded salary, for full and part time employees of Service Provider providing
Services under this Agreement.  Fully loaded salary for employees
whose compensation is based on an annual salary will be their base salary plus
loading of 45.6%.  Fully loaded salary for employees who are paid on
an hourly basis will be their applicable hourly rate times the applicable hours
worked up to 40 hours with loading of 45.6% plus any overtime hours times the
applicable hourly rate with loading of 10%.  To the extent Service
Provider average loading applicable to employees associated with providing
Services under this Agreement changes, Service Provider will provide
documentation demonstrating actual loading for previous calendar year and
loading applied to labor will be adjusted accordingly upon concurrence of
Service Provider and Service Recipient.

    

    “Liabilities” means
any obligation, liability, charge, deficiency, assessment, interest, penalty,
judgment, award, cost or expense of any kind (including reasonable attorneys’
fees, other fees, court costs and other disbursements).  The term also
includes any liability that directly or indirectly arises out of or is related
to any claim, proceeding, judgment, settlement or judicial or administrative
order made or commenced by any third party or Governmental
Authority.

    

    “Master Agreement” has
the meaning given such term in the recitals.

    

    “Monthly Statement”
has the meaning given such term in Section
5.2(a).

    

    “Outsourced Service”
has the meaning given such term in Section
2(b).

    

    “Party” and “Parties” has the
meaning given such terms in the preamble.

    

    “Pipeline C&S Maintenance
Labor” means Labor assigned to pipeline civil and structural
maintenance.

    

    “Pipeline Truck Station
Maintenance Labor” means Labor assigned to pipeline truck station
maintenance in Northern Oklahoma and Kansas.

    

    “Pipeline Truck
Station” means truck stations adjacent to Service Provider’s gathering
pipeline system in Kansas and Northern Oklahoma.

    

    “Project Support
Labor” means Labor assigned to Project Support.

    

    “Referee” has the
meaning given such term in Section
5.2(b).

    

    “Resolution Period”
has the meaning given such term in Section
5.2(b).

    

    “Right of Way Labor”
means Labor assigned to right of way services.

    

    “Right of Way Special Project
Labor” means Labor assigned to major right of way projects for Service
Recipient.

    

    “Safety Labor” means
Labor assigned to safety services.

    

    “SCADA Labor” means
Labor assigned to SCADA control room operations.

    

    “Service Fees” has the
meaning given such term in Section
5.2(a).

    

    “Service Provider” has
the meaning given such term in the preamble.

    

    “Service Provider
Business” has the meaning given such term in the recitals.

    

    “Service Provider Safety
Employees” means full and part time employees of Service Provider covered
by Service Provider’s safety program, excluding employees with time allocated to
Service Recipient pursuant to this Agreement.

    

    “Service Recipient”
has the meaning given such term in the preamble.

    

    “Service Recipient
Business” has the meaning given such term in the recitals.

    

    “Service Recipient Active
Pipeline and Truck Audits” means Service Recipient pipeline and truck DOT
audits that are active and administered by the Service Provider.

    

    “Service Recipient Barrel
Shipments Into Cushing” means barrels of Crude Products shipped into
Service Recipient Cushing Storage Tanks.

    

    “Service Recipient Barrel
Shipments Out of Cushing” means barrels of Crude Product shipped out of
Service Recipient Cushing Storage Tanks.

    

    “Service Recipient Cushing
Customers” means the total number of companies and individuals, including
Service Recipient, that utilize Service Recipient Cushing Storage Tanks in a
given calendar month.

    

    “Service Recipient Cushing
Storage Tanks” means active crude storage tanks located in Cushing,
Oklahoma owned by Service Recipient that are operated by Service
Provider.

    

    “Service Recipient
Environmental Incidents” means total audits, investigations, and
inquiries by local, state, or federal environmental regulatory agencies
regarding Service Recipient assets that are active and administered by Service
Provider via environmental services provided by  this
Agreement.

    

    “Service Recipient Miles of
Pipe” means total active miles of pipeline owned by Service Recipient
that are covered by the applicable Service provided.

    

    “Service Recipient Pipeline
Stations” means active pipeline stations owned by Service Recipient that
are covered by the applicable Service provided.

    

    “Service Recipient Project
Support Hours” means Service Provider employee hours associated with
Service Recipient requested Project Support projects.

    

    “Service Recipient Pipeline
Truck Station Maintenance Project Labor” means Labor requested by Service
Recipient for work on pipeline truck station maintenance twelve (12) months
after the Effective Date.

    

    “Service Recipient Pipeline
Truck Stations” means all pipeline truck stations owned by Service
Recipient that are covered by the applicable Service provided.

    

    “Service Recipient Right of
Way Stations” means all truck and pipeline stations owned by Service
Recipient that are covered by the applicable Service provided.

    

    “Service Recipient Safety
Employees” means full and part time employees of Service Recipient
covered by Service Provider’s safety program.

    

    “Service Recipient SCADA Data
Registers” means SCADA data registers located on pipeline, trucking,
and/or storage tank assets owned by Service Recipient for which Service Provider
provides control room operations.

    

    “Service Recipient Shipper
Truck and Pipeline Injection Points” means the total number of Truck and
Pipeline Injection Points used by Service Recipient Shippers.

    

    “Service Recipient
Shippers” means companies (including Service Recipient) and individuals
that ship or store Crude Products utilizing Service Recipient’s pipeline,
trucking, and storage tanks covered by applicable Service provided for in this
Agreement in a given calendar month.

    

    “Service Recipient
Stations” means active truck and pipeline stations owned by Service
Recipient that are covered by the applicable Service provided.

    

    “Service Recipient Trucks
Dispatched” means the number of trucks owned by Service Recipient that
are dispatched by Service Provider.

    

    “Service Records” has
the meaning given such term in Section
5.2(c).

    

    “Services” has the
meaning given such term in the recitals.

    

    “Term” has the meaning
given such term in Section
4.1.

    

    “Total Active Pipeline and
Truck Audits” means the pipeline and truck DOT audits that are active and
administered by the Service Provider.

    

    “Total Barrel Shipments Into
Cushing” means barrels of Crude Product shipped into the Total Cushing
Storage Tanks.

    

    “Total Barrel Shipments Out
of Cushing” means barrels of Crude Product shipped out of the Total
Cushing Storage Tanks.

    

    “Total Cushing Storage
Tanks” means active crude storage tanks located in Cushing, Oklahoma
owned by Service Recipient and Service Provider that are operated by Service
Provider.

    

    “Total Environmental
Incidents” means total audits, investigations, and inquiries by local,
state, or federal environmental regulatory agencies for Service Recipient and
Service Provider assets that are active and administered by Service Provider via
environmental services provided by this Agreement.

    

    “Total Miles of Pipe”
means total active miles of pipeline owned by Service Recipient and Service
Provider that are covered by the applicable Service provided.

    

    “Total Pipeline
Stations” means total number of active pipeline stations owned by Service
Recipient and Service Provider that are covered by the applicable Service
provided.

    

    “Total Project Support
Hours” means Service Provider employees’ total hours associated with
Project Support Labor.

    

    “Total Right of Way
Stations” means all truck and pipeline stations owned by Service
Recipient and Service Provider that are covered by the applicable Service
provided.

    

    “Total SCADA Data
Registers” means SCADA data registers located on pipeline, trucking,
and/or storage tank assets owned by Service Recipient and/or Service Provider
for which Service Provider provides control room operations.

    

    “Total Shipper Truck and
Pipeline Injection Points” means the total number of Truck and Pipeline
Injection Points used by Total Shippers.

    

    “Total Shippers” means
the total number of companies and individuals, including Service Recipient, and
Service Provider, that ship or store Crude Products utilizing Service
Recipient’s or Service Provider’s pipeline, trucking, or storage tank assets
covered by the applicable Service provided under this Agreement in a given
calendar month.

    

    “Total Stations” means
the total number of active truck and pipeline stations owned by Service
Recipient and Service Provider that are covered by the applicable Service
provided.

    

    “Total Trucks
Dispatched” means the total number of trucks owned by Service Recipient
and Service Provider that are dispatched by Truck Dispatch Labor.

    

    “Truck and Pipeline Injection
Points” means total number of active truck and pipeline injection points
for Crude Products owned by Service Recipient and Service Provider for which
Service Provider provides Services.

    

    “Truck Dispatch Labor”
means Labor associated with individuals assigned to dispatch trucks owned by
Service Recipient and Service Provider per the applicable Service
provided.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     EXHIBIT
E

    

    Job
Functions Associated with Shared Services1

    
      
        	
                Exhibit

              	
                Item

              	
                Description

              	
                Positions

              	
                Current Expected Count

              
	
                Exhibit
      A

              	
                2.03

              	
                Crude
      Movements

              	
                Crude
      Oil Movements Manager

              	
                1

              
	 
      	 
      	 
      	
                Operations
      Manager

              	
                1

              
	 
      	 
      	 
      	
                Crude
      Oil Support

                Measurement
      Tech

              	
                2

                1

              
	 
      	
                2.04

              	
                Dept
      of Transportation

              	
                Manager
      DOT Compliance and Safety

              	
                1

              
	 
      	
                2.05

              	
                Right
      of Way

              	
                Right
      of Way Manager

              	
                1

              
	 
      	 
      	 
      	
                Right
      of Way Staff

              	
                1-2

              
	 
      	
                2.06

              	
                Environmental

              	
                Environmental
      Manager

              	
                1

              
	 
      	 
      	 
      	
                Environmental
      Staff

              	
                1-2

              
	 
      	
                2.07

              	
                PL
      Civil & Structural Maintenance

              	
                Maintenance
      Manager

              	
                1

              
	 
      	 
      	 
      	
                Maintenance
      Coordinator

              	
                1

              
	 
      	 
      	 
      	
                Pipeliner

              	
                1

              
	 
      	
                2.08

              	
                Safety

              	
                Manager
      DOT Compliance and Safety

              	
                1

              
	 
      	 
      	 
      	
                Health
      And Safety Compliance

              	
                1-2

              
	 
      	
                2.09

              	
                PL
      Truck Station Maintenance

              	
                Pipeline
      Supervisor

              	
                1

              
	 
      	 
      	 
      	
                Maintenance/Operations
      Coordinator

              	
                1

              
	 
      	 
      	 
      	
                Meter/Corrosion
      Technician

              	
                1

              
	 
      	 
      	 
      	
                Utility
      Men

              	
                6

              
	 
      	
                2.10

              	
                Project
      Support

              	
                Engineer
      Manager

              	
                1

              
	 
      	 
      	 
      	
                Engineers

              	
                1-4

              
	 
      	 
      	 
      	
                Corrosion
      Technicians

              	
                1-2

              
	 
      	 
      	 
      	
                I&E
      Technicians

              	
                2-3

              
	 
      	 
      	 
      	
                Project
      Cost Analyst

              	
                1

              
	 
      	 
      	 
      	
                Drafting
      Tech

              	
                1

              
	 
      	
                2.11

              	
                Truck
      Dispatch

              	
                Dispatcher

              	
                1

              
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	
                Exhibit
      B

              	
                2.01

              	
                Cushing
      Terminal Operations

              	
                Manager
      Terminal Operators (Open)

              	
                1

              
	 
      	 
      	 
      	
                Terminal
      Operator

              	
                3-5

              
	 
      	 
      	 
      	 
      	 
      
	
                Exhibit
      C

              	
                2.01

              	
                SCADA
      Control Room Operations

              	
                SCADA
      Operator

              	
                4-5

              

      

    

    

      

    

      
      1 Positions and current
expected count is based on current operations and encompasses filling current
vacant

       positions.  To
the extent Service Provider or Service Recipient expand or contract their
businesses, the positions and count may be
affected.

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