AGREEMENT AND RELEASEAgreement and Release • March 1st, 2006 • Teppco Partners Lp • Wholesale-petroleum bulk stations & terminals • Texas
This Agreement and Release (“Agreement”) is between Barry R. Pearl (“EMPLOYEE”) and Texas Eastern Products Pipeline Company, LLC (“COMPANY”).
AGREEMENT AND RELEASEAgreement and Release • March 1st, 2006 • Teppco Partners Lp • Wholesale-petroleum bulk stations & terminals • Texas
This Agreement and Release (“Agreement”) is between James C. Ruth (“EMPLOYEE”) and Texas Eastern Products Pipeline Company, LLC (“COMPANY”).
WAIVER OF PROVISIONS OF THE CONFLICTS POLICIES AND PROCEDURES OF THE THIRD AMENDED AND RESTATED ADMINISTRATIVE SERVICES AGREEMENTWaiver of Provisions • March 1st, 2006 • Teppco Partners Lp • Wholesale-petroleum bulk stations & terminals
Effective as of February 13, 2006, each of the undersigned hereby waive the provisions of the Conflicts Policies and Procedures to the Third Amended and Restated Administrative Services Agreement dated August 15, 2005, to the extent that they prohibit or restrict (i) a majority of the members of the boards of directors any of Texas Eastern Products Pipeline Company, LLC, EPE Holdings, LLC and Enterprise Products GP, LLC (the “Affected Entities”) being non-independent directors or (ii) any person from serving as a director of more than one of the boards of directors of the Affected Entities, with respect to the election, whether prior to, on or after the date hereof, as a director of, and/or a member (including a chairman) of a committee of the boards of directors of, more than one of the Affected Entities, of Richard S. Snell, Dan L. Duncan, Robert G. Phillips, Michael A. Creel, W. Randall Fowler and/or Richard H. Bachmann.
