our cash DISTRIBUTION POLICY

Our limited liability company agreement provides for the distribution of available cash on a quarterly basis. Available cash, as defined in the limited liability company agreement, consists of cash on hand at the end of that quarter, plus working capital borrowings made after the end of the quarter, less cash reserves, which may include reserves to provide for our future operations, future capital expenditures, future debt service requirements and future cash distributions to our unitholders.  The amount of available cash will be determined by our board of directors for each calendar quarter and will be based on recommendations from management.

Forty-five days after the end of each quarter, we will distribute all of our available cash to unitholders of record on the last day of the month preceding the distribution.  For example, a distribution for the first quarter of the year ending March 31 would occur on May 15 (45 days after the quarter end) to holders of record on April 30 (last day of the month preceding the distribution).

Rationale for our Cash Distribution Policy

Our cash distribution policy reflects a basic judgment that our unitholders will be better served by distributing our available cash rather than retaining it. It is the current policy of our board of directors that
we should increase our level of quarterly cash distributions per unit only when, in its judgment, it believes
that (i) we have sufficient reserves and liquidity for the proper conduct of our business, including the
maintenance of our asset base, and (ii) we can maintain such an increased distribution level for a sustained period.