AMENDED AND RESTATED TERM LOAN CREDIT AGREEMENT Dated as of December 23, 2016 among BASIC ENERGY SERVICES, INC. as the Borrower, U.S. BANK NATIONAL ASSOCIATION, as Administrative Agent, and THE LENDERS PARTY HERETOTerm Loan Credit Agreement • December 27th, 2016 • Basic Energy Services Inc • Oil & gas field services, nec • New York
RIVERSTONE VI BASIC HOLDINGS, L.P., as LenderBy: Riverstone Energy GP VI, LLC, its General Partner By: /s/ Tom Walker Name: Tom Walker Title: Authorized Person
SECOND AMENDED AND RESTATED ABL CREDIT AGREEMENT Dated as of December 23, 2016Abl Credit Agreement • December 27th, 2016 • Basic Energy Services Inc • Oil & gas field services, nec • New York
THIRD AMENDED AND RESTATED SECURITY AGREEMENT Dated as of December 23, 2016 among BASIC ENERGY SERVICES, INC. and the other Debtors parties hereto in favor of BANK OF AMERICA, N.A., as Administrative AgentSecurity Agreement • December 27th, 2016 • Basic Energy Services Inc • Oil & gas field services, nec • New York
This THIRD AMENDED AND RESTATED SECURITY AGREEMENT dated as of December 23, 2016 (this “Agreement”), is among BASIC ENERGY SERVICES, INC., a Delaware corporation (the “Borrower”), the undersigned subsidiaries of the Borrower (the Borrower and such undersigned subsidiaries collectively being the “Debtors”), and BANK OF AMERICA, N.A., in its capacity as administrative agent (in such capacity, the “Administrative Agent”) for the benefit of the holders of the Secured Obligations (as defined below).
INTERCREDITOR AGREEMENTIntercreditor Agreement • December 27th, 2016 • Basic Energy Services Inc • Oil & gas field services, nec • New York
INTERCREDITOR AGREEMENT (this “Agreement”), dated as of December 23, 2016, among BANK OF AMERICA, N.A., as Administrative Agent (in such capacity, with its successors and assigns, and as more specifically defined below, the “ABL Representative”) for the ABL Secured Parties (as defined below), U.S. BANK NATIONAL ASSOCIATION, as Administrative Agent and Collateral Agent (in such capacity, with its successors and assigns, and as more specifically defined below, the “Term Loan Representative”) for the Term Loan Secured Parties (as defined below), and each of the Grantors (as defined below) party hereto.
AMENDED AND RESTATED SECURITY AGREEMENT Dated as of December 23, 2016 among BASIC ENERGY SERVICES, INC. and the other Debtors parties hereto in favor of U.S. BANK NATIONAL ASSOCIATION, as Administrative AgentSecurity Agreement • December 27th, 2016 • Basic Energy Services Inc • Oil & gas field services, nec • New York
BASIC ENERGY SERVICES, INC. Management Incentive Plan Time-Based Stock Option Award AgreementTime-Based Stock Option Award Agreement • December 27th, 2016 • Basic Energy Services Inc • Oil & gas field services, nec • Delaware
This Time-Based Stock Option Award Agreement (this “Agreement”) is made by and between Basic Energy Services, Inc., a Delaware corporation (the “Company”), and [●] (the “Participant”), effective as of December [23], 2016 (the “Date of Grant”).
Management Incentive Plan Time-Based Restricted Stock Unit Award Agreement Grantee: <<First Name>> <<Last Name>>Time-Based Restricted Stock Unit Award Agreement • December 27th, 2016 • Basic Energy Services Inc • Oil & gas field services, nec • Delaware
This Time-Based Restricted Stock Unit Award Agreement (this “Agreement”) is made by and between Basic Energy Services, Inc., a Delaware corporation (the “Company”), and [●] (the “Participant”), effective as of December [23], 2016 (the “Date of Grant”).
