Common use of Conveyance by the General Partner of the General Partner Contribution Interest to the Partnership Clause in Contracts

Conveyance by the General Partner of the General Partner Contribution Interest to the Partnership. The General Partner hereby grants, contributes and bargains, and shall, by means of the execution of a Deed of Transfer, convey, assign, transfer, set over and deliver to the Partnership, all right, title and interest in and to the General Partner Contribution Interest, as a capital contribution, in exchange for 821,429 General Partner Units representing a continuation of its 2.0% general partner interest in the Partnership. The Partnership hereby accepts such General Partner Contribution Interest as a contribution to the capital of the Partnership (the “Second Partnership Contribution”). As per the execution of the Deed of Transfer whereby the Second Partnership Contribution is effectuated, (i) the Partnership’s participation in the share capital of VTTI Operating is increased by the Second Partnership Contribution, (ii) the General Partner ceases to be a shareholder of VTTI Operating and (iii) VTTI Operating continues without dissolution with the Partnership as a shareholder.

Conveyance by the General Partner of the General Partner Contribution Interest to the Partnership. The General Partner hereby grants, contributes and bargains, and shall, by means of the execution of a Deed of Transfer, convey, assign, transfer, set over and deliver to the Partnership, all right, title and interest in and to the General Partner Contribution Interest, as a capital contribution, in exchange for 821,429 General Partner Units representing a continuation of its 2.0% general partner interest in the Partnership. The Partnership hereby accepts such General Partner Contribution Interest as a contribution to the capital of the Partnership (the “Second Partnership Contribution”). As per the execution of the Deed of Transfer whereby the Second Partnership Contribution is effectuated, (i) the Partnership’s participation in the share capital of VTTI Operating is increased by the Second Partnership Contribution, (ii) the General Partner ceases to be a shareholder of VTTI Operating and (iii) VTTI Operating continues without dissolution with the Partnership as a shareholder.