EXHIBIT 10.2
THIRD AMENDMENT
TO
OMNIBUS AGREEMENT
This Third Amendment ("Amendment") is made this 30th day of September,
2002, to that certain Omnibus Agreement among The Williams Companies, Inc.,
Williams Energy Services, LLC, Williams Natural Gas Liquids, Inc., Williams Pipe
Line Company, LLC, Williams Information Technology, Inc. (formerly Williams
Information Services Corporation), Williams Energy Partners L.P., Williams GP
LLC, and Williams OLP, L.P., as amended by the first amendment thereto dated
January 28, 2002 and the second amendment thereto dated April 11, 2002 (the
"Omnibus Agreement"). The parties hereto agree as follows:
1. Section 5.1 of the Omnibus Agreement is amended in its entirety to read as
follows:
5.1 GRANT OF LICENSE. The Licensors hereby grant to each Licensee, and each
Licensee hereby accepts, a non-exclusive, world-wide, non-transferable,
royalty-free, perpetual license during the term of this Agreement on an "AS IS,
WHERE IS" basis to use the Software under the terms and conditions provided
herein. Licensors shall deliver to the Licensees the source code and all related
materials, instructions and documentation included in the Software (i) existing
as of this Amendment, within 10 days of the date of this Amendment; and (ii)
relating to any future material enhancements, upgrades, modifications and new
versions of the Software, within 10 days of their creation. The parties shall
fully cooperate to facilitate such delivery in form and media useful to the
Licensees.
2. Section 5.2 of the Omnibus Agreement is amended in its entirety to read as
follows:
5.2 RESTRICTIONS ON SOFTWARE. (a) Each of the Licensees agrees that it
shall not sublicense, license, disclose or otherwise make available any
part of the Software to any person other than: (i) each of Licensees'
employees who is required to have access to the Software for the Licensees
to enjoy the benefits of the Software; and (ii) each of Licensees'
consultants who is required to have access to the Software for the
Licensees to enjoy the benefits of the Software and who has executed a
non-disclosure agreement containing obligations of confidence consistent
with the restrictions set forth in this Agreement.
(b) Each Licensee shall keep the Software in a secure environment
and shall take reasonable commercial steps necessary to protect the
Software, or any part thereof, from unauthorized disclosure or release.
(c) Each Licensee shall be entitled to create a sufficient number of
copies of the Software for backup, archival, maintenance, and support
purposes only provided that such Licensee reproduces and applies all
copyright notices and any other proprietary rights notices that appear on
the original copies supplied by Licensors. The Licensees shall use the
source code and related materials, instructions and documentation included
in the Software and modify and create derivative works of the Software
solely for the purpose of maintaining and supporting the functionality of
the Software for Licensees internal business purposes.
(d) Each of the Licensees agrees that it shall not use the Software
for any development or analysis purposes whatsoever.
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(e) Each Licensee acknowledges and agrees that Licensors shall own
all intellectual property rights in and to the Software.
(f) The foregoing notwithstanding, the Licensees may sublicense use
of the object code and any enhancements, upgrades, modifications, and new
versions of Automated Transportation Activity Logistics Activity System
a/k/a "Atlas 2000" to Licensees' customers. Any such sublicense shall be
on a non-exclusive, non-transferable basis and shall be subject to
obligations of confidence consistent with the restrictions set forth in
this Agreement.
2. Unless defined otherwise herein, terms used in this Third Amendment shall
have the same defined meaning as set forth in the Agreement.
3. Except as expressly amended hereby, the Omnibus Agreement shall remain in
full force and effect without modification.
4. (a) Negotiation of Rights of Limited Partners, Assignees, and Third Parties.
The provisions of this Amendment are enforceable solely by the parties to this
Amendment, and no Limited Partner, Assignee or other Person of the MLP or the
OLP shall have the right, separate and apart from the MLP or the OLP, to enforce
any provision of this Amendment or to compel any party to this Amendment to
comply with the terms of this Amendment.
(b) Counterparts. This Amendment may be executed in any number of
counterparts with the same effect as if all signatory parties had signed the
same document. All counterparts shall be construed together and shall constitute
one and the same instrument.
(c) Severability. If any provision of this Amendment or the application
thereof to any Person or circumstance shall be held invalid or unenforceable to
any extent, the remainder of this Amendment and the application of such
provision to other Persons or circumstances shall not be affected thereby and
shall be enforced to the greatest extent permitted by law.
IN WITNESS WHEREOF, the parties have caused this Third Amendment to be
executed as of the date first above written.
THE WILLIAMS COMPANIES, INC.
By:
--------------------------------
Name: Mark D. Wilson
Title: Vice President
WILLIAMS ENERGY SERVICES, LLC
By:
--------------------------------
Name: Phillip D. Wright
Title: President and CEO
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WILLIAMS NATURAL GAS LIQUIDS, INC.
By:
---------------------------------------
Name: Phillip D. Wright
Title: President and CEO
WILLIAMS PIPE LINE COMPANY, LLC
By Williams Energy Partners L.P.,
Its Managing Member
By Williams GP, LLC, Its General Partner
By:
---------------------------------------
Name: Don R. Wellendorf
Title: President and CEO
WILLIAMS INFORMATION TECHNOLOGY, INC.
By:
---------------------------------------
Name:
---------------------------------------
Title:
---------------------------------------
WILLIAMS ENERGY PARTNERS L.P.
By: WILLIAMS GP LLC, its general partner
By:
---------------------------------------
Name: Don R. Wellendorf
Title: President and CEO
WILLIAMS OLP, L.P.
By: WILLIAMS GP LLC, its general partner
By:
---------------------------------------
Name: Don R. Wellendorf
Title: President and CEO
WILLIAMS GP LLC
By:
---------------------------------------
Name: Don R. Wellendorf
Title: President and CEO
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