Joinder Agreement to Convertible Preferred Unit Purchase Agreement between EQM Midstream Partners, LP and Tortoise Direct Opportunities Fund II, LP
This agreement adds Tortoise Direct Opportunities Fund II, LP as a new purchaser under the existing Convertible Preferred Unit Purchase Agreement with EQM Midstream Partners, LP. By signing, Tortoise Direct Opportunities Fund II, LP agrees to buy 205,044 Series A Preferred Units and to be bound by all terms and conditions of the original agreement, as if it were an original party. The agreement confirms that Tortoise Direct Opportunities Fund II, LP will receive all rights and assume all obligations of a purchaser under the original contract.
Exhibit 10.6
JOINDER AGREEMENT
This Joinder Agreement is executed by the undersigned pursuant to the Convertible Preferred Unit Purchase Agreement, dated as of March 13, 2019 (the Agreement), by and among EQM Midstream Partners, LP, a Delaware limited partnership (the Partnership), and the purchasers party thereto (the Purchasers), which is incorporated herein by reference. Capitalized terms used but not defined herein shall have the meaning given to such terms in the Agreement.
By the execution of this Joinder Agreement, the undersigned agrees as follows:
1. The undersigned acknowledges that the undersigned is acquiring 205,044 Series A Preferred Units, subject to the terms and conditions of the Agreement (including the Schedules and Exhibits thereto).
2. The undersigned hereby joins in, and agrees to be bound by and subject to, the Agreement, with the same force and effect as if the undersigned were originally a Purchaser party thereto.
3. Any notice required or permitted by the Agreement shall be given to the undersigned at the address listed below.
4. The Partnership hereby acknowledges and agrees that the undersigned shall be deemed a Purchaser under the Agreement with respect to the number of Series A Preferred Units set forth above and that such Purchaser shall be entitled to all of the rights and benefits, and subject to all of the obligations, of a Purchaser under the Agreement.
(Signature Page Follows)
EXECUTED AND DATED as of this 18th day of March, 2019.
| EQM MIDSTREAM PARTNERS, LP | |
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| By: EQGP Services, LLC, its general partner | |
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| By: | /s/ Kirk R. Oliver |
| Name: | Kirk R. Oliver |
| Title: | Senior Vice President and Chief Financial Officer |
Signature Page to Joinder Agreement to Convertible Preferred Unit Purchase Agreement
| Tortoise Direct Opportunities Fund II, LP | ||
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| By: | /s/ Connie Savage | |
| Name: | Connie Savage | |
| Title: | Director of General Partner | |
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| Notice Address: | c/o Tortoise Capital Advisors | |
| 11550 Ash Street, Suite 300 | ||
| Leawood, KS 66211 | ||
Signature Page to Joinder Agreement to Convertible Preferred Unit Purchase Agreement