Assignment, Assumption and Modification of Note Sample Contracts

ASSIGNMENT, ASSUMPTION AND MODIFICATION OF NOTE
Assignment, Assumption and Modification of Note • December 2nd, 2014 • Phillips 66 Partners Lp • Pipe lines (no natural gas) • Texas

THIS ASSIGNMENT, ASSUMPTION AND MODIFICATION OF NOTE (“Assumption”) is dated effective as of December 1, 2014 by and among Phillips 66 Company, a Delaware corporation (“Original Borrower”), Phillips 66 Partners LP, a Delaware limited partnership (“New Borrower”), and Phillips Gas Company Shareholder, Inc., a Delaware corporation (“Lender”).

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