PARKER DRILLING COMPANY, as the Issuer, EACH OF THE GUARANTORS PARTY HERETO, as Guarantors and THE BANK OF NEW YORK TRUST COMPANY, N.A. (successor in interest to JPMorgan Chase Bank, National Association), as Trustee FIRST SUPPLEMENTAL INDENTURE Dated...First Supplemental Indenture • November 9th, 2006 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York
FIRST SUPPLEMENTAL INDENTURE, dated as of November 8, 2006, among PARKER DRILLING COMPANY, a Delaware corporation (the “Company”), the subsidiary guarantors party to the Indenture (as defined herein) (the “Guarantors”), Parker Intex, LLC, a Delaware limited liability company (“LLC 1”), Parker Drilltech, LLC, a Delaware limited liability company (“LLC 5”), Parker Drillserv, LLC, a Delaware limited liability company (“LLC 6”), Parker Drillex, LLC, a Delaware limited liability company (“LLC 7”), Parker Rigsource, LLC, a Delaware limited liability company (“LLC 9”), Parker Drilling Eurasia, Inc., a Delaware corporation (“US NewCo 1”), and Parker Drilling Pacific Rim, Inc., a Delaware corporation (“US NewCo 2”) (LLC 1, LLC 5, LLC 6, LLC 7, LLC 9, US NewCo 1 and US NewCo 2 being collectively referred to as the “New Guarantors”), and THE BANK OF NEW YORK TRUST COMPANY, N.A., (successor in interest to JPMORGAN CHASE BANK NATIONAL ASSOCIATION), as trustee (the “Trustee”).
CONSENT, WAIVER AND RELEASEConsent, Waiver and Release • November 9th, 2006 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York
CONSENT, WAIVER AND RELEASE, dated as of July 5, 2006 (this “Consent”), to (i) the Credit Agreement, dated as of December 20, 2004, as amended by the First Amendment, dated as of March 1, 2006 (as so amended, the “Credit Agreement”), among Parker Drilling Company (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), Lehman Brothers Inc., as sole advisor, sole lead arranger and sole bookrunner, Bank of America, N.A., as syndication agent, and Lehman Commercial Paper Inc., as administrative agent (in such capacity, the “Administrative Agent”) and (ii) the Guarantee and Collateral Agreement, dated as of December 20, 2004 (the “Guarantee and Collateral Agreement”), made by the Borrower and certain of its Subsidiaries in favor of the Administrative Agent. Terms defined in the Credit Agreement shall be used in this Consent with their defined meanings unless otherwise defined herein.
AMENDED AND RESTATED CONSENT, WAIVER AND RELEASEConsent, Waiver and Release • November 9th, 2006 • Parker Drilling Co /De/ • Drilling oil & gas wells • New York
AMENDED AND RESTATED CONSENT, WAIVER AND RELEASE, dated as of October 30, 2006 (this “Consent”), to (i) the Credit Agreement, dated as of December 20, 2004, as amended by the First Amendment, dated as of March 1, 2006 (as so amended, the “Credit Agreement”), among Parker Drilling Company (the “Borrower”), the several banks and other financial institutions or entities from time to time parties thereto (the “Lenders”), Lehman Brothers Inc., as sole advisor, sole lead arranger and sole bookrunner, Bank of America, N.A., as syndication agent, and Lehman Commercial Paper Inc., as administrative agent (in such capacity, the “Administrative Agent”) and (ii) the Guarantee and Collateral Agreement, dated as of December 20, 2004 (the “Guarantee and Collateral Agreement”), made by the Borrower and certain of its Subsidiaries in favor of the Administrative Agent. Terms defined in the Credit Agreement shall be used in this Consent with their defined meanings unless otherwise defined herein. This Co
