ARRANGEMENT AGREEMENT PEMBINA PIPELINE CORPORATION and KINDER MORGAN CANADA LIMITED AUGUST 20, 2019Arrangement Agreement • August 26th, 2019 • Pembina Pipeline Corp • Oil & gas field exploration services • Alberta
WHEREAS upon the unanimous recommendation of the KML Independent Committee, the KML Board has determined unanimously that it would be in the best interests of KML to complete a transaction involving a sale of KML and its business through an acquisition by Pembina of all the issued and outstanding KML Restricted Voting Shares and KML Special Voting Shares (together with associated Class B Units);
PURCHASE AND SALE AGREEMENT among KINDER MORGAN OPERATING L.P. “A,” PEMBINA U.S. CORPORATION, and solely for purposes of Section 13.11, KINDER MORGAN, INC. and PEMBINA PIPELINE CORPORATION Dated as of August 20, 2019Purchase and Sale Agreement • August 26th, 2019 • Pembina Pipeline Corp • Oil & gas field exploration services • Delaware
THIS PURCHASE AND SALE AGREEMENT is entered into on the 20th day of August, 2019, among Kinder Morgan Operating L.P. “A”, a Delaware limited partnership (“Seller”), Pembina U.S. Corporation, a Delaware corporation (“Buyer”), and solely for purposes of Section 13.11, Pembina Pipeline Corporation, a corporation organized under the laws of the Province of Alberta (the “Buyer Guarantor”), and Kinder Morgan, Inc., a Delaware corporation (the “Seller Guarantor”).
