PAR PACIFIC HOLDINGS, INC. (a Delaware corporation) PURCHASE AGREEMENTPurchase Agreement • June 16th, 2016 • Par Pacific Holdings, Inc. • Crude petroleum & natural gas • New York
Par Pacific Holdings, Inc., a Delaware corporation (the “Company”), confirms its agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) and each of the other Initial Purchasers named in Schedule A hereto (collectively, the “Initial Purchasers,” which term shall also include any initial purchaser substituted as hereinafter provided in Section 11 hereof), for whom Merrill Lynch is acting as Representative (in such capacity, the “Representative”), with respect to (i) the sale by the Company and the purchase by the Initial Purchasers, acting severally and not jointly, of $100,000,000 aggregate principal amount of the Company’s 5.00% Convertible Senior Notes due 2021 (the “Initial Securities”) and (ii) the grant by the Company to the Initial Purchasers, acting severally and not jointly, of an option to purchase all or any part of the additional $15,000,000 aggregate principal amount of its 5.00% Convertible Senior Notes due 2021 (the “Option Securities” and, tog
