0001193125-14-398368 Sample Contracts

FIRST AMENDED AND RESTATED OPERATING AGREEMENT OF PERFORMANCE DRILLING COMPANY LLC
Operating Agreement • November 5th, 2014 • Performance Drilling Co LLC • Oil & gas field exploration services • Mississippi

This First Amended and Restated Operating Agreement of Performance Drilling Company LLC (this “Agreement”) is made and entered into as of , 2014 (the “Effective Date”), by and among the undersigned Member of Performance Drilling Company LLC (the “Company”).

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SECOND AMENDMENT TO OPERATING AGREEMENT OF PERFORMANCE DRILLING COMPANY, LLC
Operating Agreement • November 5th, 2014 • Performance Drilling Co LLC • Oil & gas field exploration services

WHEREAS, the sole Member of the Company desires to amend the Operating Agreement of the Company dated March 14, 2006 (the “Operating Agreement”), as amended by that certain first Amendment to the Operating Agreement dated October 31, 2006, to allow the Manager to delegate certain authority to officers of the Company as set forth below;

LIMITED LIABILITY COMPANY AGREEMENT FOR PERFORMANCE DRILLING COMPANY LLC
Limited Liability Company Agreement • November 5th, 2014 • Performance Drilling Co LLC • Oil & gas field exploration services • Mississippi

This Limited Liability Company Agreement (“Agreement)” is made and entered into as of the 14th day of March 2006 (the “Effective Date”), by Sajac O & G Investors LLC (the “Member)”.

AMENDMENT TO THE OPERATING AGREEMENT OF PERFORMANCE DRILLING COMPANY, LLC
The Operating Agreement • November 5th, 2014 • Performance Drilling Co LLC • Oil & gas field exploration services • Mississippi

WHEREAS, Performance Drilling Company, LLC (“Performance’) a Mississippi limited liability company was organized pursuant to an Operating Agreement dated March 14, 2006; and

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