0001104659-17-009382 Sample Contracts

FIRST AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF KIMBELL ROYALTY GP, LLC A Delaware Limited Liability Company Dated as of February 8, 2017
Limited Liability Company Agreement • February 14th, 2017 • Kimbell Royalty Partners, LP • Crude petroleum & natural gas • Delaware

This FIRST AMENDED AND RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of Kimbell Royalty GP, LLC (the “Company”), dated as of February 8, 2017, is adopted, executed and agreed to by Kimbell GP Holdings, LLC (“KGPH”), as the sole member of the Company.

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MANAGEMENT SERVICES AGREEMENT by and between DUNCAN MANAGEMENT, LLC AND KIMBELL OPERATING COMPANY, LLC
Management Services Agreement • February 14th, 2017 • Kimbell Royalty Partners, LP • Crude petroleum & natural gas • Texas
MANAGEMENT SERVICES AGREEMENT by and between K3 ROYALTIES, LLC AND KIMBELL OPERATING COMPANY, LLC
Management Services Agreement • February 14th, 2017 • Kimbell Royalty Partners, LP • Crude petroleum & natural gas • Texas

This Management Services Agreement (this “Agreement”) is effective as of February 8, 2017 (“Effective Date”) by and between K3 Royalties, LLC, a Texas limited liability company (the “Manager”), and Kimbell Operating Company, LLC, a Delaware limited liability company (“Kimbell Operating”). The Manager and Kimbell Operating are sometimes referred to in this Agreement each as a “Party” and collectively as the “Parties.”

FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF KIMBELL ROYALTY PARTNERS, LP
Kimbell Royalty Partners, LP • February 14th, 2017 • Crude petroleum & natural gas • Delaware

THIS FIRST AMENDED AND RESTATED AGREEMENT OF LIMITED PARTNERSHIP OF KIMBELL ROYALTY PARTNERS, LP, dated as of February 8, 2017, is entered into by and between KIMBELL ROYALTY GP, LLC, a Delaware limited liability company, as the General Partner, and RIVERCREST ROYALTIES, LLC, a Delaware limited liability company, as the Organizational Limited Partner, together with any other Persons who become Partners in the Partnership or parties hereto as provided herein. In consideration of the covenants, conditions and agreements contained herein, the parties hereto hereby agree as follows:

MANAGEMENT SERVICES AGREEMENT by and among KIMBELL ROYALTY PARTNERS, LP, KIMBELL ROYALTY GP, LLC, KIMBELL ROYALTY HOLDINGS, LLC AND KIMBELL OPERATING COMPANY, LLC
Management Services Agreement • February 14th, 2017 • Kimbell Royalty Partners, LP • Crude petroleum & natural gas • Texas
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