SECONDAMENDMENT TO AGREEMENT OF LIMITEDPARTNERSHIP OF EPE UNIT III,L.P. Dated asof July 1,2008

Dated as of

July 1, 2008

 

This Second Amendment (this “Amendment”) to the Agreement of Limited Partnership dated as of May 7, 2007 (as subsequently amended, the “Partnership Agreement”) of EPE Unit III, L.P., a Delaware limited partnership (the “Partnership”), is made and entered into effective as of July 1, 2008, pursuant to the terms of the Partnership Agreement and in accordance with Section 12.05 thereof.

 

 Section 1. AMENDMENTS.

 

(a) Section 11.01. Paragraph (b) of Section 11.01 is hereby amended and restated as follows:

 (b) unless otherwise agreed to by the General Partner, the Class A Limited Partner and a Required Interest,  May 9, 2014;

 

Section 2. RATIFICATION OF PARTNERSHIP AGREEMENT. Except as expres sly modified and amended herein, all of the terms and conditions of the Partnership Agreement shall remain in full force and effect.

 

Section 3. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF DELAWARE, EXCLUDING ANY CONFLICTS-OF-LAW RULE OR PRINCIPLE THAT MIGHT REFER THE GOVERNANCE OR CONSTRUCTION OF THIS AGREEMENT TO THE LAWS OF ANOTHER JURISDICTION.

 

 

 

IN WITNESS WHEREOF, the General Partner has executed this Agreement as of the date first set forth above.

 

GENERAL PARTNER:	EPCO, INC.
	By:	/s/ W. Randall Fowler
		W. Randall Fowler
		President and Chief Executive Officer

 

CLASS A LIMITED PARTNER:	DUNCAN FAMILY INTERESTS, INC.
	By:	/s/ Michael G. Morgan
		Michael G. Morgan
		President

 

 

CLASS B LIMITED PARTNERS:

Representing a majority of Class B Limited Partners of the Partnership, pursuant to Powers of Attorney executed in favor of, and granted and delivered to the General Partner   By:   EPCO, INC. (As attorney-in-fact for the Class B Limited Partners pursuant to powers of attorney)   By:       /s/ W. Randall Fowler                                    W. Randall Fowler          President and Chief Executive Officer