Credit Agreement dated as of September 29, 2000, among the Company, the several lenders from time to time parties thereto, and Chase, as Administrative Agent (the "5-Year Credit Agreement", together with the ----------------------- 364-Day Credit...Credit Agreement • March 9th, 2001 • Pure Resources Inc • Oil & gas field exploration services
WITNESSETH:Nonqualified Stock Option Agreement • March 9th, 2001 • Pure Resources Inc • Oil & gas field exploration services • Delaware
Exhibit 10.6 PURE RESOURCES, INC. 500 West Illinois Midland, Texas 79701 January 30, 2001 Union Oil Company of California 2141 Rosecrans Avenue, Suite 4000 El Segundo, California 90245 Attention: Mr. Terry Dallas, Chief Financial Officer Re: Pure...Business Opportunities Agreement • March 9th, 2001 • Pure Resources Inc • Oil & gas field exploration services
Reference is made to the Business Opportunities Agreement (the "Agreement") dated as of December 13, 1999 among Union Oil Company of California ("Union Oil"), Pure Resources, Inc. (formerly named Titan Resources Holdings, Inc.) (the "Company"), TRH, Inc., and Titan Exploration, Inc. Capitalized terms used and not otherwise defined herein shall have the meanings given to them in the Agreement. The Agreement was entered into to address certain legal requirements and concerns as well as for certain practical business purposes. Although this letter does request a limited waiver of the Agreement, we wish to make it clear that we understand that the Agreement will remain in effect after any grant of a limited waiver and that we will continue to remain focused on the business we conduct in the Designated Area and any other area that you may permit us to operate in pursuant to the limited waiver.
