EXHIBIT 10(p)
AMENDMENT AMONG ATLAS PIPELINE PARTNERS, L.P. AND
ATLAS PIPELINE OPERATING PARTNERSHIP, L.P., ATLAS AMERICA, INC.,
RESOURCE ENERGY, INC., VIKING RESOURCES CORPORATION, ATLAS NOBLE CORP., AND
ATLAS RESOURCES, INC. TO THE MASTER NATURAL GAS GATHERING AGREEMENT
DATED FEBRUARY 2, 2000 AND THE NATURAL GAS GATHERING
AGREEMENT DATED JANUARY 1, 2002
THIS AMENDMENT (this "AMENDMENT") is made as of October 25, 2005, among
Atlas Pipeline Partners, L.P., a Delaware limited partnership, and Atlas
Pipeline Operating Partnership, L.P., a Delaware limited partnership
(collectively, "GATHERER"), Atlas America, Inc., a Delaware corporation ("ATLAS
AMERICA"), Resource Energy, Inc., a Delaware corporation ("RESOURCE ENERGY"),
Viking Resources Corporation, a Pennsylvania corporation ("VIKING RESOURCES"),
Atlas Noble Corp., a Delaware corporation ("ATLAS NOBLE") and Atlas Resources,
Inc., a Pennsylvania corporation ("ATLAS RESOURCES" and collectively with Atlas
America, Resource Energy, Viking Resources and Atlas Noble, "SHIPPER").
RECITALS
A. Gatherer and Atlas America, Resource Energy and Viking Resources are
parties to the Master Natural Gas Gathering Agreement dated February 2, 2000
(the "FEBRUARY 2000 AGREEMENT") and desire to amend the same in accordance with
the terms hereof.
B. Gatherer and Atlas Resources, Atlas Noble, Resource Energy and Viking
Resources are parties to the Natural Gas Gathering Agreement dated January 1,
2002 (the "JANUARY 2002 AGREEMENT") and desire to amend the same in accordance
with the terms hereof.
C. Shipper intends to enter into financial hedging arrangements with
respect to some or all of the Shipper's Gas (as defined in the February 2000
Agreement and the January 2002 Agreement) and Gatherer desires to have the right
to participate in such arrangements.
NOW, THEREFORE, in consideration of the premises, and the mutual covenants
and agreements herein set forth, and intending to be legally bound, the parties
agree as follows:
1. The definition of "Gross Sale Price" set forth in the February 2000
Agreement and the January 2002 Agreement is hereby amended and restated in its
entirety as follows:
"GROSS SALE PRICE" means the price, per mcf, actually received by Shipper
for Shipper's Gas including, or as adjusted to take into account, proceeds
received or payments made pursuant to financial hedging arrangements
entered into by Shipper with Gatherer's consent.
2. Except as otherwise expressly provided herein, the February 2000
Agreement and the January 2002 Agreement are not amended, modified or affected
by this Amendment.
3. This Amendment may be executed in any number of counterparts and by
different parties hereto in separate counterparts, each of which when so
executed and
delivered shall be deemed to be an original and all of which taken together
shall constitute but one and the same instrument. Delivery of an executed
counterpart of this Amendment by facsimile shall be equally as effective as
delivery of a manually executed counterpart of this Amendment.
4. This Amendment shall be governed by and construed in accordance with the
laws of the Commonwealth of Pennsylvania.
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IN WITNESS WHEREOF, the parties have executed this Amendment to be effective as
of the date first written above.
SHIPPER:
ATLAS AMERICA, INC.
By: /s/ XXXXXXX X. XXXXXXX
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Its: Executive Vice President
RESOURCE ENERGY, INC.
By: /s/ XXXXXXX X. XXXXXXX
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Its: President and Secretary
VIKING RESOURCES CORPORATION
By: /s/ XXXXXXX X. XXXXXXX
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Its: President and Secretary
ATLAS NOBLE CORP.
By: /s/ XXXXXXX X. XXXXXXX
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Its: President and Secretary
ATLAS RESOURCES, INC.
By: /s/ XXXXXXX X. XXXXXXX
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Its: Senior Vice President and Secretary
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GATHERER:
ATLAS PIPELINE OPERATING PARTNERSHIP,
L.P.
By: Atlas Pipeline Partners GP, LLC, its
general partner
By: /s/ XXXXXXX X. XXXXXXX
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Its: President and Chief Operating
Officer
ATLAS PIPELINE PARTNERS, L.P.
By: Atlas Pipeline Partners GP, LLC, its
general partner
By: /s/ XXXXXXX X. XXXXXXX
------------------------------------
Name: Xxxxxxx X. Xxxxxxx
Its: President and Chief Operating
Officer
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