Tesoro 2013 Annual Report Download - page 155
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Exhibit 4.8
U.S. Bank National Association
535 Griswold, Suite 550
Detroit, Michigan 48226
Attention: Corporate Trust Administration
December 6, 2013
Tesoro Corporation
19100 Ridgewood Parkway
San Antonio, Texas 78259
Attention: Corporate Secretary
Re: Release of Guarantor
Reference is made to (i) the Indenture, dated as of June 5, 2009 (as supplemented and amended from time to time, the “2009
Indenture”), among Tesoro Corporation (the “Company”), the guarantors named therein and the U.S. Bank National Association, as
trustee (the “Trustee”), relating to the Company’s 9.75% Senior Notes due 2019; (ii) the Indenture, dated as of September 27, 2012 (as
supplemented and amended from time to time, the “2012 Indenture” and, together with the 2009 Indenture, the “Indentures” and each
individually, an “Indenture”), among the Company, the guarantors named therein and the Trustee, as trustee, relating to the Company’s
4.250% Senior Notes due 2017 and the Company’s 5.375% Senior Notes due 2022; and (iii) the Officers’ Certificate of the Company
dated December 6, 2013 relating to the sale of all of the Capital Stock of Tesoro SoCal Pipeline Company LLC (“Tesoro SoCal”), a
Restricted Subsidiary of the Company and a Guarantor, and the release of Tesoro SoCal as a Guarantor under each Indenture (the “Sale
and Release”) (capitalized terms used herein without definition have the meanings assigned to them in the applicable Indenture).
The Trustee hereby acknowledges (i) the receipt of the foregoing Officers’ Certificate delivered by the Company pursuant to
Section 10.04 of each of the Indentures in connection with the Sale and Release and (ii) that Tesoro SoCal has been released from its
obligations under the Guarantee under each Indenture. This instrument shall serve to evidence such release.