Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Manager Board

Director Resignation

On January25, 2019, in connection with the Closing, Rolf A. Gafvert tendered his resignation from the Manager Board and also resigned from the Governance and Compensation Committee of the Manager Board (the Governance and Compensation Committee), the Audit Committee of the Manager Board (the Audit Committee), and the Conflicts Committee of the Manager Board (the Conflicts Committee), in each case, effective immediately following the Effective Time. The resignation of Mr.Gafvert did not result from a disagreement with the Manager.

Director Appointments

On January25, 2019, GIP elected and appointed each of Christopher Ortega and Kyle D. Vann to serve on the Manager Board, effective immediately following the Effective Time. In addition, the Manager Board appointed Mr.Vann to serve on the Audit Committee and the Conflicts Committee and to serve as the Chairperson of the Governance and Compensation Committee, in each case, in the vacancy left by the resignation of Mr.Gafvert. Mr.Ortega was designated by TPG to serve on the Manager Board to the Amended Board Representation Agreement. The Amended Board Representation Agreement is described in Item 1.01 of this Current Report, which description is incorporated in this Item 5.02 by reference.

Biographical information for each of Messrs.Ortega and Vann is set forth below:

Christopher Ortega, 43, is a Partner of TPG. He served as a member of the Board of Directors of the General Partner (the GP Board) from January2016 until his resignation immediately following the Effective Time, in connection with the Closing. He has over 15 years of experience in the energy sector and currently sits on the board of Jonah Energy, is a director of the general partner of Axip Energy Services, LP (formerly known as Valerus Compression Services, LP) and is a board observer on Great Western Petroleum. Mr.Ortega has previously served on the boards of AMCI Capital, Barra Energia, and Discovery DJ Holdings, amongst others. Mr.Ortegas responsibilities encompass investment origination, structuring, execution, monitoring, and exit strategy. He has a particular focus on the upstream oil and gas, oilfield services, and midstream sectors. Prior to TPG Capital, Mr.Ortega was a director at First Reserve Corporation. Mr.Ortega received his Bachelor of Arts, Magna cum laude, from Harvard University, a Master of Business Administration from Harvard Business School and graduated magna cum laude from Harvard Law School. Mr.Ortega brings to the Manager Board investment, financial, and industry experience.

Kyle D. Vann, 71, served as a member of the GP Board from April2006 until his resignation immediately following the Effective Time, in connection with the Closing, as described below. Prior to his resignation, he was a member of the Audit Committee of the GP Board and the Chairperson of the Conflicts Committee of the GP Board. Mr.Vannbegan his career with Exxon Corporation in 1969. After ten years at Exxon, he joined Koch Industries and served in various leadership capacities, including senior vice president from 1995-2000. In 2001, he then took on

the role of CEO of Entergy-Koch, LP, an energy trading and transportation company, which was sold in 2004. Currently, Mr.Vanncontinues to consult with Entergy and was an executive advisor to CCMP Capital Advisors, LLC from 2012-2017. He also serves on the boards of Texon, L.P., PQ Chemical and Legacy Reserves, LLC (NASDAQ: LGCY). He also serves asadirector on the Boards of Mars Hill Productions and Generous Giving, which are private, charitable non-profits. Mr.Vanngraduated from the University of Kansas with a Bachelor of Science in chemical engineering. He is a member of theBoard of Advisors for the University of Kansas School of Engineering (where he was a recipient of the Distinguished Engineering Service Award). Mr.Vann was selected to serve as a member of the Manager Board due to his extensive experience in the energy industry and his business expertise, among other factors.

Mr.Vann will be paid anannual retainerfee of$72,500and equity compensation valued at$100,000. Directors do not receive an attendance fee for each regularly scheduled quarterly board meeting oreach additional meeting that they attend.As the Chairperson of the Governance and Compensation Committee, Mr.Vann will receive an annual fee of $15,000. In addition, Mr.Vann will receive annual fees of $17,500 and $15,000 as a member of the Audit Committee and Conflicts Committee, respectively.

In addition, directors are reimbursed for out-of-pocket expenses incurred in connection with service on the Manager Board. Mr.Ortega will not receive separate compensation for his service as a member of the Manager Board.

Mr.Ortega is a Partner ofTPG. It is possible that conflicts of interest may arise as a result of, among other things, (i)TPGs status as an affiliate of Enfield Holdings, L.P., the holder of all of the ClassC Common Units representing limited liability company interests in ENLC and the ENLK SeriesB Units, and (ii)the fact thatTPGis a private investment firm with approximately 200 portfolio companies which may, from time to time, provide services or products similar to or in competition with those provided by ENLC.

Indemnification Agreements

ENLC has a practice of entering into indemnification agreements (the Indemnification Agreements) with each of the Managers directors and executive officers (collectively, the Indemnitees). In connection with their appointment to the Manager Board, ENLC entered into an Indemnification Agreement with Mr.Vann and expects to enter into an Indemnification Agreement with Mr.Ortega. Under the terms of the Indemnification Agreements, ENLC agrees to indemnify and hold each Indemnitee harmless from and against any and all losses, claims, damages, liabilities, judgments, fines, taxes (including ERISA excise taxes), penalties (whether civil, criminal, or other), interest, assessments, amounts paid or payable in settlements, or other amounts and any and all expenses (as defined in the Indemnification Agreements) arising from any and all threatened, pending, or completed claims, demands, actions, suits, proceedings, or alternative dispute mechanisms, whether civil, criminal, administrative, arbitrative, investigative, or otherwise, whether made to federal, state, or local law, whether formal or informal, and including appeals, in each case, which the Indemnitee may be involved, or is threatened to be involved, as a party, a witness, or otherwise, including any inquiries, hearings, or investigations that the Indemnitee determines might lead to the institution of any proceeding, related to the fact that Indemnitee is or was a director, manager, or officer of ENLC or the

Manager, or is or was serving at the request of the ENLC or the Manager, each as applicable, as a manager, managing member, general partner, director, officer, fiduciary, trustee, or agent of any other entity, organization, or person of any nature. ENLC has also agreed to advance the expenses of an Indemnitee relating to the foregoing. To the extent that a change in the laws of the State of Delaware permits greater indemnification under any statute, agreement, organizational document, or governing document than would be afforded under the Indemnification Agreements as of the date of the Indemnification Agreements, the Indemnitee shall enjoy the greater benefits so afforded by such change.

The foregoing description of the Indemnification Agreements does not purport to be complete and is qualified in its entirety by reference to the complete text of the Formof Indemnification Agreement, the form of which was filed as Exhibit10.1 to ENLCs Current Report on Form8-K dated July17, 2018, filed with the Securities and Exchange Commission on July23, 2018, and which is incorporated herein by reference.

GP Board

Director Resignations

On January25, 2019, in connection with the consummation of the Merger, each of William J. Brilliant, Leldon E. Echols, Scott A. Griffiths, Matthew C. Harris, Christopher Ortega, Kyle D. Vann, and William Woodburn tendered his resignation from the GP Board, in each case, effective immediately following the Effective Time. In addition, Mr.Brilliant resigned from the Compensation Committee of the GP Board (the GP Compensation Committee), Mr.Echols resigned from the Audit Committee of the GP Board (the GP Audit Committee), Mr.Griffiths resigned from the GP Compensation Committee, the GP Audit Committee, and the Conflicts Committee of the GP Board (the GP Conflicts Committee), and Mr.Vann resigned from the GP Audit Committee and the GP Conflicts Committee. The foregoing resignations did not result from a disagreement with the General Partner. Barry E. Davis and Michael J. Garberding will continue to serve on the GP Board.

Director Appointment

On January25, 2019, ENLC, in its capacity as the sole member of the General Partner, reduced the size of the GP Board from nine to three directors and elected and appointed Alaina K. Brooks to serve on the GP Board, in each case, effective immediately following the Effective Time.

Biographical information for Ms.Brooks is set forth below:

Alaina K. Brooks, 44, who serves as the Executive Vice President, Chief Legal and Administrative Officer, Secretary, and Director, joined the General Partner in 2008 and was appointed as a director of the General Partner on January25, 2019. Ms.Brooks has served in several legal roles for the General Partner, most recently as Senior Vice President, General Counsel and Secretary from September2014 until June2018 and as Deputy General Counsel until September2014. In Ms.Brooks current role, she serves on the Executive Leadership Team and leads the legal, regulatory, public and industry affairs, environmental health and safety, and human resources functions. Before joining the General Partner in 2008, Ms.Brooks practiced law at Weil, Gotshal Manges LLP and Baker Botts L.L.P., where she counseled clients on matters of complex commercial litigation, risk management, and taxation. Ms.Brooks is a licensed Certified Public Accountant and holds a Juris Doctor from Duke University School of Law and Bachelor of Science and Master of Science in accounting from Oklahoma State University. Ms.Brooks was selected to serve as a director due to, among other factors, her legal and human resources experience in the midstream energy industry.

Directors on the GP Board are reimbursed for out-of-pocket expenses incurred in connection with service on the GP Board. Messrs.Davis and Garberding and Ms.Brooks, each an officer of the General Partner, will not receive separate compensation for their respective service as members of the GP Board.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

EnLink Midstream, LLC Exhibit
EX-10.1 2 a19-3470_1ex10d1.htm EX-10.1 Exhibit 10.1   Execution Version   AMENDED AND RESTATED BOARD REPRESENTATION AGREEMENT   This AMENDED AND RESTATED BOARD REPRESENTATION AGREEMENT (this “Agreement”),…
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About ENLINK MIDSTREAM, LLC (NYSE:ENLC)

EnLink Midstream, LLC is a midstream energy services company. The Company’s assets include its equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink TOM Holdings, LP (TOM Holdings). The Partnership is engaged in the gathering, transmission, processing and marketing of natural gas and natural gas liquids (NGLs), condensate and crude oil, as well as providing crude oil, condensate and brine services to producers. TOM Holdings and its subsidiaries are controlled by the Partnership and have similar operations to the Partnership. The Partnership has five reportable segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate. The Partnership’s assets consist of gathering systems, transmission pipelines, processing facilities, fractionation facilities, stabilization facilities, storage facilities and ancillary assets.