INDEPENDENCE CONTRACT DRILLING, INC. OUTSIDE DIRECTOR RESTRICTED STOCK UNIT AWARD AGREEMENT (TIME VESTING / 1/3 CASH SETTLEMENT OPTION) (Shareholder Approval Contingency) Director Grantee:Restricted Stock Unit Award Agreement • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Texas
This Amended and Restated Executive Employment Agreement (“Agreement”) is entered into on March 18, 2022 (the “Effective Date”), by and between Independence Contract Drilling, Inc., a Delaware corporation (the “Company”), and Philip A. Dalrymple (“Executive”). This Agreement amends and restates in its entirety the Prior Agreement (as defined below) effective as of the Effective Date.
INDEPENDENCE CONTRACT DRILLING, INC. RESTRICTED STOCK UNIT AWARD AGREEMENT (TIME VESTING) Grantee: [NAME]Restricted Stock Unit Award Agreement • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
INVESTOR’S RIGHTS AGREEMENTInvestor's Rights Agreement • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
This Investor’s Rights Agreement (this “Agreement”) is made as of March 18, 2022, by and among Independence Contract Drilling, Inc., a Delaware corporation (the “Company”) and Glendon Capital Management LP (together with its Affiliates, the “Holder”).
INDEPENDENCE CONTRACT DRILLING, INC. FORM OF STOCK APPRECIATION RIGHTS AGREEMENT SHARE SETTLEDStock Appreciation Rights Agreement • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Texas
Independence Contract Drilling, Inc. as the Company and issuer, THE GUARANTORS PARTY HERETO, as Guarantors, and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION as Trustee and Collateral Agent INDENTURE Dated as of March 18, 2022 Floating Rate...Indenture • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • New York
INDENTURE, dated as of March 18, 2022, between Independence Contract Drilling, Inc., a Delaware corporation, as issuer (the “Company”), and U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, a national banking association, as trustee (in such capacity, the “Trustee”) and as collateral agent (in such capacity, the “Collateral Agent”).
VOTING AND SUPPORT AGREEMENTVoting and Support Agreement • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • Delaware
This VOTING AND SUPPORT AGREEMENT (this “Agreement”) is entered into as of March 18, 2022, by and among Independence Contract Drilling, Inc., a Delaware corporation (the “Company”), and the stockholders of the Company set forth on the signature page hereto (such individuals, each a “Stockholder”, and collectively, the “Stockholders”). The Company and the Stockholders are sometimes referred to herein as a “Party” and collectively as the “Parties”.
CONVERTIBLE NOTE SUBSCRIPTION AGREEMENTConvertible Note Subscription Agreement • March 21st, 2022 • Independence Contract Drilling, Inc. • Drilling oil & gas wells • New York
This CONVERTIBLE NOTE SUBSCRIPTION AGREEMENT (this “Agreement”) is entered into on March 18, 2022, by and among Independence Contract Drilling, Inc., a Delaware corporation (the “Issuer”), and each undersigned subscriber (each, a “Subscriber” and collectively, the “Subscribers”). Notwithstanding anything herein to the contrary, the rights and obligations of each Subscriber hereunder shall be several, and not joint, and any covenants, representations or warranties made by any Subscriber hereunder shall be deemed to be made severally and not jointly by each Subscriber hereunder. Capitalized terms not defined herein have the meanings assigned to such terms in the Indenture substantially in the form attached as Annex A hereto (the “Indenture”); and
