Exhibit 10.32
OMNIBUS TERMINATION AGREEMENT
T his Omnibus Termination Agreement (this “Agreement”), is made and entered into this 16th day of
November, 2007 (“ Effective Date ”), by and among Equitable Production Company (“ Equitable ”),
MarkWest Energy Appalachia, L.L.C. (“ MEA ”) and MarkWest Hydrocarbon, Inc. (“ MHI ”) ( with
MEA and MHI together referred to herein as “ MarkWest ”). Equitable, MEA and MHI are each sometimes
referred to herein, individually, as a “ Party ”, and, collectively, as the “ Parties ”.
RECITALS:
WHEREAS, Equitable and MEA, and their affiliates, have rearranged certain aspects of their ongoing
natural gas gathering, processing, transportation, fractionation and sales business arrangements related to their
facilities in Kentucky, and have entered into new agreements (or amended certain existing agreements) to
facilitate those changes, which agreements are listed in Exhibit A to this Agreement (“ New Contracts ”);
WHEREAS, under the new business arrangements among the Parties and their affiliates, certain existing
agreements between the Parties will be replaced and/or are no longer needed; and
WHEREAS, the New Contracts provide, concurrent with execution thereof, or the new business
arrangements between the parties contemplate, for the termination of those certain existing agreements between
the Parties and/or their affiliates, as described below:
1) Gas Processing Agreement (Maytown), dated May 28, 1999, as amended by instruments dated
March 26, 2002 and September 23, 2004 (as amended, the “ Maytown Agreement ”);
2) Equipment Lease Agreement, dated May 28, 1999 (“ Equipment Lease ”);
3) Pipeline Lease Agreement, dated May 28, 1999 (“ Pipeline Lease ”); and
4) Lease Agreement, dated May 21, 2002 (“ Ground Lease ”).
5)