AMENDMENT NO. 4 TO LIMITED LIABILITY COMPANY AGREEMENT OF CALCASIEU PASS HOLDINGS, LLC
Exhibit 10.2
Execution Version
AMENDMENT NO. 4 TO
OF
CALCASIEU PASS HOLDINGS, LLC
This AMENDMENT NO. 4 TO LIMITED LIABILITY COMPANY AGREEMENT (this “Amendment”) of Calcasieu Pass Holdings, LLC, a Delaware limited liability company (the “Company”), is entered into as of April 21, 2026 by and among the Company, Calcasieu Pass Funding, LLC, a Delaware limited liability company (“Sponsor Member”), and Stonepeak Bayou Holdings LP, a Delaware limited partnership (“Investor”). All capitalized terms used but not defined herein shall have the meanings specified in the LLCA (as defined below).
RECITALS
WHEREAS, the Company, Sponsor Member and Investor entered into that certain Limited Liability Company Agreement of the Company dated as of August 19, 2019, as amended on February 8, 2021, and as further amended on October 27, 2021 and on July 30, 2022 (the “LLCA”); and
WHEREAS, pursuant to Section 11.04 of the LLCA, Sponsor Member and Investor have agreed to amend the LLCA pursuant to this Amendment, on the terms and conditions set forth herein.
AGREEMENT
NOW, THEREFORE, in consideration of the foregoing and the respective agreements set forth herein and for other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and intending to be legally bound, the Parties agree as follows:
1.Amendment.
The defined term “Quarterly Distribution Date” in Section 1.01 (Definitions) is hereby amended and restated in its entirety to read as follows:
“““Quarterly Distribution Date” means the distribution date established by the Board as promptly as practicable on or after the last Business Day of each calendar quarter (which shall, in any case, occur no later than thirty (30) days following the last day of such calendar quarter).”
2.Miscellaneous Provisions. Sections 8.01 (Governing Law), 11.01 (Notices), 11.04 (Amendments), 11.09 (Severability) and 11.13 (Counterparts) of the LLCA are hereby incorporated by reference in this Amendment, mutatis mutandis.
3.Full Force and Effect. Each of Parties confirms that this Amendment is intended to be a part of, and will serve as a valid, written amendment to, the LLCA, and each reference in the LLCA to “this Agreement” shall be construed to mean the LLCA as amended by this Amendment. Except as otherwise set forth in this Amendment, this Amendment shall not by implication or otherwise alter, modify, amend or in any way affect any of the terms, conditions, obligations, covenants or agreements contained in the LLCA, which are hereby ratified and affirmed in all respects and shall continue in full force and effect, and this Amendment will not operate as an extension or waiver by the parties to the LLCA of any other condition, covenant, obligation, right, power or privilege under the LLCA.
[Signature Page Follows]
2
IN WITNESS WHEREOF, the Parties have caused this Amendment to be executed by their respective officers thereunto duly authorized as of the date first above written.
CALCASIEU PASS FUNDING, LLC
By /s/ ▇▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇▇ ▇▇▇▇▇▇
Title: Secretary
STONEPEAK BAYOU HOLDINGS LP
By: Stonepeak Associates III LLC, its general partner
By: Stonepeak GP Holdings III LP, its sole member
By: Stonepeak GP Investors III LLC, its general partner
By: Stonepeak GP Investors Manager LLC, its managing member
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇
Name: ▇▇▇▇▇ ▇▇▇▇▇
Title: Senior Managing Director
CALCASIEU PASS HOLDINGS, LLC
By /s/ ▇▇▇▇▇ ▇▇▇▇▇▇
Name: ▇▇▇▇▇ ▇▇▇▇▇▇
Title: Secretary
[Signature to Amendment No. 4 to Holdings LLCA]