INCREMENTAL ASSUMPTION AGREEMENTIncremental Assumption Agreement • December 18th, 2007 • Oil States International, Inc • Oil & gas field machinery & equipment • Texas
This Incremental Assumption Agreement (this "Agreement") dated as of December 13, 2007 (the "Increase Effective Date") is by and among Oil States International, Inc., a Delaware corporation (the "U.S. Borrower"), PTI Group Inc., a corporation amalgamated under the laws of the Province of Alberta (the “Canadian Borrower” and, together with the U.S. Borrower, the “Borrowers”), Wells Fargo Financial Corporation Canada, Royal Bank of Canada, Capital One, N.A., JPMorgan Chase Bank, N.A., Calyon New York Branch, The Bank of Nova Scotia, and The Toronto-Dominion Bank (collectively, the "Increasing Lenders") and Wells Fargo Bank, N.A., as Administrative Agent for the Lenders under the Credit Agreement described below (the "Agent").
