EX-3 2 kpopexh32.txt EXHIBIT 3.2 AMENDMENT TO PARTNERSHIP AGREEMENT Exhibit 3.2 AMENDMENT TO PARTNERSHIP AGREEMENT KANEB PIPE LINE OPERATING PARTNERSHIP, L.P. This Amendment (this "Amendment") to Partnership Agreement is entered into by and among Kaneb Pipeline Company LLC , a Delaware limited liability company (the "General Partner"), as general partner of Kaneb Pipe Line Operating Partnership, L.P., a Delaware limited partnership (the "Partnership"), and Kaneb Pipe Line Partners, L.P. (the "Limited Partner") as the limited partner of the Partnership, as hereinafter provided. WHEREAS, the General Partner and the Limited Partner entered into that certain Amended and Restated Agreement of Limited Partnership of the Partnership dated September 27, 1989 (the "Partnership Agreement"), and WHEREAS, the General Partner and the Limited Partner desire to amend Section 2.5 of the Partnership Agreement as set forth herein; and Now, Therefore, the General Partner does hereby amend Section 2.5 of the Partnership Agreement to provide, in its entirety, as follows: "2.5 Term. The Partnership commenced upon the filing of the Certificate of Limited Partnership in accordance with the Delaware Act on September 13, 1989, and shall continue in existence in perpetuity, unless earlier terminated in accordance with any provisions of this Agreement." This Amendment shall be effective as of June 30, 2003, regardless of when it is executed. IN WITNESS WHEREOF, the parties hereto have hereunto set their hands this 27th day of October, 2003. GENERAL PARTNER: KANEB PIPE LINE COMPANY LLC By: //s// HOWARD C. WADSWORTH Name: Howard C. Wadsworth Title: Vice President, Treasurer and Secretary LIMITED PARTNER: Kaneb Pipe Line Partners, L.P. By: Kaneb Pipe Line Company LLC, as its sole general partner By: //s// EDWARD D. DOHERTY Name: Edward D. Doherty Title: Chairman of the Board and Chief Executive Officer