REGISTRATION RIGHTS AGREEMENT by and among W&T OFFSHORE, INC., THE GUARANTORS party hereto and Morgan Stanley & Co. LLC, as representative of the Initial Purchasers (as defined herein) Dated as of October 24, 2012Registration Rights Agreement • October 25th, 2012 • W&t Offshore Inc • Crude petroleum & natural gas • New York
This Agreement is made pursuant to the Purchase Agreement, dated as of October 17, 2012 (the “Purchase Agreement”), by and among the Company, the Guarantors and Morgan Stanley & Co. LLC, as representative of the Initial Purchasers, (i) for the benefit of each Initial Purchaser and (ii) for the benefit of the holders from time to time of the New Securities (as defined below) (including each Initial Purchaser). In order to induce the Initial Purchasers to purchase the New Securities, the Company has agreed to provide the registration rights set forth in this Agreement. The execution and delivery of this Agreement is a condition to the obligations of the Initial Purchasers set forth in Section 5(g) of the Purchase Agreement.
