Providence Energy Partners III, LP 16400 North Dallas Parkway, Suite 400 Dallas, Texas 75248Letter Agreement • March 31st, 2017 • PetroShare Corp. • Crude petroleum & natural gas
Pursuant to this letter agreement (this “Letter Agreement”), between Providence Energy Partners III, LP, whose address is 16400 North Dallas Parkway, Suite 400, Dallas, TX 75248 (“PEP III”) and PetroShare Corp., whose address is 9635 Maroon Circle, Suite 400, Englewood, CO 80112 (formerly at 7200 S. Alton Way, Suite B220, Centennial, CO 80112) (“PetroShare” and, together with PEP III, the “Parties”), the parties intend to address and agree, as between PEP III and PetroShare, to the treatment of certain payments under, and related amendments to, the Revolving Line of Credit Facility Agreement, dated October 13, 2016, between PEP III (as lender) and PetroShare (as borrower) (the “Credit Agreement”), together with the Promissory Note, dated March 13, 2016, issued by PetroShare (as borrower) to PEP III (as lender) in conjunction with the Credit Agreement (the “Promissory Note”). Capitalized terms used but not defined in this Letter Agreement will have the meanings given to them in the Cred
