0001104659-06-049481 Sample Contracts

FIRST AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • July 28th, 2006 • Helmerich & Payne Inc • Drilling oil & gas wells • Oklahoma

THIS FIRST AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made and entered into effective as of July 15, 2003 (the “Effective Date”), by and among HELMERICH & PAYNE INTERNATIONAL DRILLING CO., a Delaware corporation (the “Borrower”), HELMERICH & PAYNE, INC., a Delaware corporation (the “Parent”), the Persons identified as a “Lender” on the signature pages of this Amendment (the “Lenders”), and BANK OF OKLAHOMA, NATIONAL ASSOCIATION, as Administrative Agent for the Lenders (in such capacity, the “Administrative Agent”), with reference to the following:

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THIRD AMENDMENT TO CREDIT AGREEMENT
Credit Agreement • July 28th, 2006 • Helmerich & Payne Inc • Drilling oil & gas wells • Oklahoma

THIS THIRD AMENDMENT TO CREDIT AGREEMENT (this “Amendment”) is made and entered into effective as of July 13, 2004 (the “Effective Date”), by and among HELMERICH & PAYNE INTERNATIONAL DRILLING CO., a Delaware corporation (the “Borrower”), HELMERICH & PAYNE, INC., a Delaware corporation (the “Parent”), and BANK OF OKLAHOMA, NATIONAL ASSOCIATION, as Lender (in such capacity, the “Lender”) and as Administrative Agent (in such capacity, the “Administrative Agent”), with reference to the following:

John M. Tyson
Credit Agreement • July 28th, 2006 • Helmerich & Payne Inc • Drilling oil & gas wells
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