PLEDGE AGREEMENTPledge Agreement • August 10th, 2012 • ZaZa Energy Corp • Crude petroleum & natural gas • New York
This PLEDGE AGREEMENT (together with all exhibits and schedules hereto, as amended, supplemented or otherwise modified from time to time, this “Agreement”), dated as of March 22, 2012, is made by ZaZa Energy Corporation, a Delaware corporation (the “Company”), and ZaZa Holdings, Inc., a Delaware corporation (“Holdings” and together with the Company and any other entity subsequently added as a Pledgor hereunder in accordance with Section 7.12 hereof, each, a “Pledgor” and collectively, the “Pledgors”), in favor of U.S. Bank National Association, in it capacity as collateral agent (the “Collateral Agent”) on behalf and for the benefit of the Secured Parties (as defined below).
SECURITY AGREEMENTSecurity Agreement • August 10th, 2012 • ZaZa Energy Corp • Crude petroleum & natural gas • New York
This SECURITY AGREEMENT (together with all exhibits and schedules hereto, as amended, supplemented or otherwise modified from time to time, this “Agreement”), dated as of March 22, 2012, is made by ZaZa Energy Corporation, a Delaware corporation (the “Company”), ZaZa Holdings, Inc., a Delaware corporation (“Holdings”), Toreador Resources Corporation, a Delaware corporation (“Toreador”), ZaZa Energy, LLC, a Texas limited liability company (“ZaZa LLC”) and each of the other Persons that from time to time becomes an Additional Grantor pursuant to Section 11(m) of this Agreement (together with the Company, Holdings, Toreador and ZaZa LLC, each, a “Grantor” and, collectively, the “Grantors”) in favor of the Collateral Agent (as defined below), on behalf and for the benefit of the Secured Parties (as defined below).
