First Amendment to Omnibus Agreement Between Shamrock Logistics Operations, L.P. and Ultramar Diamond Shamrock Corporation

Summary

This amendment updates a previous agreement between Shamrock Logistics Operations, L.P. and Ultramar Diamond Shamrock Corporation. The main change is a reduction in the purchase price for a petroleum products terminal at Ringgold, Texas, lowering it from $6.5 million to $5.2 million. The new price is effective as of November 1, 2001. All other terms of the original agreement remain unchanged.

EX-10.11 17 a2074268zex-10_11.txt EXHIBIT 10.11 FIRST AMENDMENT TO OMNIBUS AGREEMENT WHEREAS, Shamrock Logistics Operations, L.P. ("Operations") entered into that certain Omnibus Agreement (the "Agreement") with Ultramar Diamond Shamrock Corporation, on behalf of itself and its affiliates, effective April 16, 2001; WHEREAS, the Agreement provided for certain purchase options to be exercisable by Operations, including an option to purchase a petroleum products terminal at Ringgold, Texas for $6.5 million; and WHEREAS, the parties desire to amend the Agreement to provide for a lower option purchase price to be payable to purchase the Ringgold terminal; THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is acknowledged, the parties agree that the Option Purchase Amount provided under the Agreement relating to the Ringgold Storage Facility is hereby amended to be $5,200,000, effective November 1, 2001. IN WITNESS WHEREOF, the undersigned have set their hands hereto this November 1, 2001. ULTRAMAR DIAMOND SHAMROCK CORPORATION, ON BEHALF OF ITSELF AND ITS AFFILIATES /s/ William R. Klesse -------------------------------- William R. Klesse, its Executive Vice President SHAMROCK LOGISTICS OPERATIONS, L.P. BY: RIVERWALK LOGISTICS, L.P., ITS GENERAL PARTNER BY: SHAMROCK LOGISTICS GP, LLC, ITS GENERAL PARTNER /s/ Curtis V. Anastasio ------------------------- Curtis V. Anastasio, its President and CEO