AMENDED & RESTATED LIMITED LIABILITY COMPANY AGREEMENT OF LE GP, LLC A Delaware limited liability company May 7, 2007Limited Liability Company Agreement • May 8th, 2007 • Energy Transfer Equity, L.P. • Natural gas transmission • Delaware
THIS AMENDED & RESTATED LIMITED LIABILITY COMPANY AGREEMENT (this “Agreement”) of LE GP, LLC, a Delaware limited liability company (the “Company”), executed on May 7, 2007 (the “Effective Date”), is adopted, executed and agreed to, by and among Ray C. Davis (“Davis”), and Kelcy Warren (“Warren”), each of whom is an individual residing in Texas, Natural Gas Partners VI, L.P., a Delaware limited partnership (“NGP”), Enterprise GP Holdings L.P., a Delaware limited partnership (“EPE”), and LE GP-Tax, LLC, a Delaware limited liability company. The parties hereto shall be referenced individually as a “Member” or “Party” and collectively as “Members” or “Parties.”
UNITHOLDER RIGHTS AND RESTRICTIONS AGREEMENT by and among ENERGY TRANSFER EQUITY, L.P., and ENTERPRISE GP HOLDINGS, L.P., RAY C. DAVIS and NATURAL GAS PARTNERS VI, L.P.Unitholder Rights and Restrictions Agreement • May 8th, 2007 • Energy Transfer Equity, L.P. • Natural gas transmission • New York
This Agreement is made in connection with the sale of 38,976,090 common units of ETE (the “Purchased Units”) to the Investor pursuant to the Securities Purchase Agreement, dated as of May 7, 2007, by and among Davis, Avatar Holdings LLC, Avatar Investments LP, Natural Gas Partners VI, L.P., Lon Kile, MHT Properties, Ltd., P. Brian Smith Holdings LP, LE GP, LLC and the Investor (the “Purchase Agreement”). ETE has agreed to enter into this Agreement pursuant to Section 5.5 of the Purchase Agreement.
