AMENDMENT #4 TO MASTER FRAMEWORK AGREEMENT

EX-10.12 15 ex10_12.htm AMENDMENT #4 TO MFA DATED MAR 2007 BETWEEN ONCOR ELECTRIC DELIVERY AND INFRASTRUX GROUP Amendment #4 to MFA dated Mar 2007 between Oncor Electric Delivery and InfrastruX Group
Exhibit 10.12
 
AMENDMENT #4 TO MASTER FRAMEWORK AGREEMENT
 
 
This Amendment #4 to Master Framework Agreement (this “Amendment”) is entered into effective as of the 31st day of March, 2007 (the “Effective Date”), by and between TXU Electric Delivery Company, a Texas Corporation (“TXU ED”), and InfrastruX Energy Services Group LP, a Delaware limited partnership (“IES”). TXU ED and IES are also referred to herein individually as a “Party” and collectively as the “Parties.”
 
 
RECITALS
 
 
WHEREAS, the Parties entered into that certain Master Framework Agreement, dated June 24, 2006, as amended pursuant to the Amendment to Master Framework Agreement dated August 15, 2006, Amendment #2 to Master Framework Agreement dated December 28, 2006, and the Letter Amendment dated January 30, 2007 (the “Agreement”); and
 
 
WHEREAS, the Parties desire to amend the Agreement as set forth herein.
 
 
NOW, THEREFORE, in consideration of the mutual promises and subject to the terms and conditions herein set forth, the Parties agree as follows.
 
 
AGREEMENT
 
 
1. Amendment. Section 1.3 of the Agreement is hereby amended to read in its entirety as follows:
 
 
“If the Participation Agreement terminates for any reason prior to the Closing Date (as defined in the Participation Agreement), then this Agreement shall automatically terminate without action by either Party and neither Party shall have any liability to the other Party as a result of such termination.”
 
 
2. Full Force and Effect. Except as specifically amended and modified hereby, the Agreement shall remain in full force and effect.
 
 
3. Counterparts. This Amendment may be executed in several counterparts, each of which is an original and all of which constitute one and the same instrument.
 
 
4. Governing Law. This Amendment and performance under it shall be governed by and construed in accordance with the applicable laws of the State of Texas, without giving effect to any choice or conflicts of law provision or rule (whether of the State of Texas or any other jurisdiction) that would cause the application of the laws of any other jurisdiction other than the State of Texas.
 
 


 

 
IN WITNESS WHEREOF, the Parties have executed this Amendment effective as of the Effective Date. This Amendment shall not become effective as to either Party unless and until executed by both Parties.
 

 
   
TXU ELECTRIC DELIVERY COMPANY
 
 
 
 
By:
/s/ David M. Davis
 
 
Name:
David M. Davis
 
 
Title:
Vice President & Principal Financial Officer
 

 
   
INFRASTRUX ENERGY SERVICES
GROUP LP
 
 
 
By:
InfrastruX Energy GP, LLC, its general partner
 
 
By:
InfrastruX Group, Inc., its member
 
 
By:
/s/ Paul G. Smith
 
 
Name:
Paul G. Smith
 
 
Title:
Director
 

 
 
By:
TXU Asset Services Group Management LLC, its general partner
 
 
By:
/s/ David M. Davis
 
 
Name:
David M. Davis
 
 
Title:
Vice President & Principal Financial Officer