0000950123-14-006024 Sample Contracts

MASTER SERVICE CONTRACT
Master Service Contract • May 14th, 2014 • Stingray Energy Services, Inc. • Oil & gas field services, nec

THIS MASTER SERVICE CONTRACT (hereinafter referred to as “Contract”), effective this 9th day of September, 2013, is by and between Panther Drilling Systems LLC (hereinafter referred to as (“Contractor”) and DIAMONDBACK E&P LLC (hereinafter referred to as “Company’).

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SECOND MODIFICATION TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • May 14th, 2014 • Stingray Energy Services, Inc. • Oil & gas field services, nec • Oklahoma

This Second Modification to Loan and Security Agreement (“Second Modification Agreement”) is made effective and entered into this 31st day of January, 2014, by and between BISON DRILLING AND FIELD SERVICES LLC, a Delaware limited liability company (“Borrower”) and INTERNATIONAL BANK OF COMMERCE (the “Lender”).

FIRST AMENDMENT TO MASTER FIELD SERVICES AGREEMENT
Master Field Services Agreement • May 14th, 2014 • Stingray Energy Services, Inc. • Oil & gas field services, nec

THIS FIRST AMENDMENT TO MASTER FIELD SERVICES AGREEMENT (this “Amendment”) is made and entered into as of February 21, 2013, by and between DIAMONDBACK E&P LLC (“Operator”) and BISON DRILLING AND FIELD SERVICES LLC (“Contractor”).

LOAN AND SECURITY AGREEMENT between REDBACK COIL TUBING LLC, as Borrower, and STILLWATER NATIONAL BANK AND TRUST COMPANY, as Lender October 14, 2013
Loan and Security Agreement • May 14th, 2014 • Stingray Energy Services, Inc. • Oil & gas field services, nec • Oklahoma

THIS LOAN AND SECURITY AGREEMENT (this “Agreement”) is made as of October 14, 2013, between Redback Coil Tubing LLC, a Delaware limited liability company (“Borrower”), and the Stillwater National Bank and Trust Company (“Lender”).

FIRST MODIFICATION TO LOAN AND SECURITY AGREEMENT
Loan and Security Agreement • May 14th, 2014 • Stingray Energy Services, Inc. • Oil & gas field services, nec • Oklahoma

This First Modification to Loan and Security Agreement (“First Modification Agreement”) is made and entered into this 27th day of August, 2013, by and between BISON DRILLING AND FIELD SERVICES LLC, a Delaware limited liability company (“Borrower”) and INTERNATIONAL BANK OF COMMERCE (the “Lender”).

BUSINESS LOAN AGREEMENT (ASSET BASED)
Business Loan Agreement • May 14th, 2014 • Stingray Energy Services, Inc. • Oil & gas field services, nec • Oklahoma

THIS BUSINESS LOAN AGREEMENT (ASSET BASED) dated June 21, 2013, is made and executed between Redback Energy Services LLC (“Borrower”) and Legacy Bank (“Lender”) on the following terms and conditions. Borrower has received prior commercial loans from lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.

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