November 21, 2021Letter Agreement • November 24th, 2021 • Goodrich Petroleum Corp • Crude petroleum & natural gas • Delaware
EnCap Energy Capital Fund XI L.P., a Texas limited partnership (“we” “us” “our” or “EnCap”), is entering into this letter agreement (this “Agreement”) with Paloma Partners VI Holdings, LLC, a Delaware limited liability company (“you,” “your” or “Parent”), and providing the Commitment (as defined below) to Parent in connection with Parent’s execution and delivery of the Agreement and Plan of Merger (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), dated of even date herewith, among Goodrich Petroleum Corporation, a Delaware corporation (the “Company”), Parent and Paloma Merger Sub, Inc., a Delaware corporation and wholly-owned subsidiary of Parent (“Merger Sub”), pursuant to which, subject to the terms and conditions set forth therein, the Company will be merged with and into Merger Sub, with Merger Sub surviving the merger as a wholly owned subsidiary of Parent. Capitalized terms used but not defined herein have the respective meaning
STOCK PURCHASE AGREEMENTStock Purchase Agreement • November 24th, 2021 • Goodrich Petroleum Corp • Crude petroleum & natural gas • New York
This Stock Purchase Agreement (this “Agreement”) is made and entered into as of November 21, 2021 by and between Gen IV Investment Opportunities, LLC, a Delaware limited liability company (“Seller”), and Paloma Partners VI Holdings, LLC, a Delaware limited liability company (“Purchaser” or “Parent”). Each of Seller and Purchaser are sometimes referred to herein as a “Party” and collectively as the “Parties.”
