EXCHANGE AGREEMENTExchange Agreement • February 21st, 2020 • Northern Oil & Gas, Inc. • Crude petroleum & natural gas • Delaware
This EXCHANGE AGREEMENT (this “Agreement”) is entered into as of February 20, 2020 by and among Northern Oil and Gas, Inc., a Delaware corporation (the “Company”), TRT Holdings, Inc., a Delaware corporation (“TRT”), Cresta Investments, LLC, a Delaware limited liability company “Cresta Investments”), Cresta Greenwood, LLC, a Delaware limited liability company (“Cresta Greenwood”) and Robert B. Rowling, an individual (“Rowling” and, each of Rowling, TRT, Cresta Investments and Cresta Greenwood, a TRT Holder, and together, the “TRT Holders” and, together with the Company, the “parties”). Capitalized terms used but not defined herein shall have the meanings given to such terms in the Certificate of Designations (as defined below).
