AMENDED AND RESTATED CREDIT AGREEMENT Dated effective as of October 3, 2011 among TEXAS CAPITAL BANK, N.A., as Administrative Agent, L/C Issuer and a Bank;Credit Agreement • October 6th, 2011 • EnerJex Resources, Inc. • Crude petroleum & natural gas • Texas
This AMENDED AND RESTATED CREDIT AGREEMENT is entered into effective as of October 3, 2011 among ENERJEX RESOURCES, INC., a Nevada corporation (“Parent”), ENERJEX KANSAS, INC. (f/k/a Midwest Energy, Inc.), a Nevada corporation (“EnerJex Kansas”), DD ENERGY, INC., a Nevada corporation (“DD Energy”), WORKING INTEREST, LLC, a Kansas limited liability company (“Working Interest”) and BLACK SABLE ENERGY, LLC, a Texas limited liability company (“Black Sable”) (together with Subsidiaries of any such party that hereafter execute and deliver a Joinder Agreement, collectively, “Borrowers”) and TEXAS CAPITAL BANK, N.A., a national banking association, as a Bank, L/C Issuer and Administrative Agent (in such latter capacity and together with its successors and permitted assigns in such capacity the “Administrative Agent”), and the several banks and financial institutions from time to time parties to this Credit Agreement (the “Banks,” such term to include all undersigned Banks and all other financi
