SECOND AMENDMENT TO STANDSTILL AND AMENDMENT AGREEMENTStandstill and Amendment Agreement • April 22nd, 2020 • Unit Corp • Crude petroleum & natural gas • Oklahoma
THIS SECOND AMENDMENT TO STANDSTILL AND AMENDMENT AGREEMENT (this “Second Amendment”) is made and entered into effective as of April 17, 2020, by and among UNIT CORPORATION, a Delaware corporation (“Unit”), UNIT DRILLING COMPANY, an Oklahoma corporation (“Unit Drilling”), UNIT PETROLEUM COMPANY, an Oklahoma corporation (“Unit Petroleum”) (Unit, Unit Drilling and Unit Petroleum, together with each of their respective successors and permitted assigns, is each, individually, called a “Borrower”, and, collectively, jointly and severally, the “Borrowers”), and BOKF, NA dba Bank of Oklahoma, as administrative agent for the Lenders (the "Administrative Agent"), on behalf of the Required Lenders (as defined in the Existing Credit Agreement (as defined below)) party to the Existing Credit Agreement (each, individually a "Lender" and, collectively, the "Lenders").
