Contract
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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