TRUST AGREEMENT OF ENDURO ROYALTY TRUSTTrust Agreement • May 16th, 2011 • Enduro Royalty Trust • Delaware
This Trust Agreement of Enduro Royalty Trust is entered into effective as of the 3rd day of May, 2011 (this “Trust Agreement”), by and among ENDURO RESOURCE PARTNERS LLC, a Delaware limited liability company with its principal office in Fort Worth, Texas (together with its successors and assigns, “Enduro”), as trustor, and WILMINGTON TRUST COMPANY, a banking corporation organized under the laws of the State of Delaware with its principal office in Wilmington, Delaware (the “Delaware Trustee”), and THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., a national banking association organized under the laws of the United States of America with its principal place of business in New York, New York (the “Issuer Trustee”), as trustees (collectively referred to herein as the “Trustees”). Enduro and the Trustees hereby agree as follows:
