STANDSTILL AGREEMENTStandstill Agreement • July 28th, 2011 • Ross Wilbur L Jr • Crude petroleum & natural gas • New York
This Standstill Agreement, dated as of July 27, 2011 and effective as of the Effective Date (as defined below) (this “Agreement”), is entered into by and among WL Ross & Co. LLC and the persons set forth on Annex A hereto (collectively, “WL Ross”), EXCO Resources, Inc., a Texas corporation (the “Company,” which term shall, for purposes of this Agreement, include its subsidiaries and joint ventures), and the Special Committee of the Board of Directors of the Company formed on November 3, 2010 (the “Special Committee”) (each, a “Party” and collectively, the “Parties”).
