ACCEPTANCE: CONFIRMATION, ACKNOWLEDGMENT, AGREEMENT AND CONSENTConvertible Promissory Note • November 17th, 2005 • Black Warrior Wireline Corp • Oil & gas field services, nec
The undersigned (herein called "Holder") is the holder of that certain Convertible Promissory Note (as amended, restated, modified or otherwise supplemented from time to time, the "Note") in the original principal amount set forth above, made by Black Warrior Wireline Corp. (the "Company") as one of a series of notes issued during the period December 1999 through February 2000 (the "1999 Notes"). The Note was issued pursuant to that certain Agreement for Purchase and Sale dated December 17, 1999 (the "Purchase Agreement"), and the related Borrower Security Agreement dated December 17, 1999 (the "Security Agreement"). The Note is subject to that certain Subordination Agreement made as of September 14, 2001 among General Electric Capital Corporation ("GECC"), Holder, and the holders of other subordinated debt of the Company, as amended by that certain First Amendment to Subordination Agreement made as of August 5, 2004 among GECC, Holder, and the holders of other subordinated debt of the
