AMENDED AND RESTATED RESTRUCTURING SUPPORT AGREEMENT by and among STONE ENERGY CORPORATION AND ITS SUBSIDIARIES PARTY HERETO and THE UNDERSIGNED CREDITOR PARTIES dated as of December 14, 2016Restructuring Support Agreement • December 14th, 2016 • Stone Energy Corp • Crude petroleum & natural gas • Delaware
This Amended and Restated Restructuring Support Agreement (together with the exhibits and schedules attached hereto, which include, without limitation, the Term Sheet (as defined below), as each may be amended, restated, supplemented, or otherwise modified from time to time in accordance with the terms hereof, this “Agreement”), dated as of December 14, 2016, is entered into by and among: (i) Stone Energy Corporation (“Stone”), Stone Energy Holding, L.L.C. (“Stone Holdings”) and Stone Energy Offshore, L.L.C. (“Stone Offshore” and, together with Stone and Stone Holdings, each a “Stone Party” and collectively, the “Stone Parties”); (ii) the holders of notes (the “Noteholders”) issued pursuant to: (a) the Indenture dated as of March 6, 2012 (as amended, restated, modified, supplemented or replaced from time to time, the “Convertible Indenture”) among Stone, as issuer, Stone Offshore, as subsidiary guarantor, and The Bank of New York Mellon Trust Company, N.A., as trustee and (b) the Secon
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • December 14th, 2016 • Stone Energy Corp • Crude petroleum & natural gas • Louisiana
WHEREAS, the Company and Executive entered into a certain Employment Agreement dated as of December 2, 2008 (“Agreement”) whereby Executive became employed as the Company’s President and Chief Executive Officer;
EXECUTIVE CLAIMS SETTLEMENT AGREEMENTExecutive Claims Settlement Agreement • December 14th, 2016 • Stone Energy Corp • Crude petroleum & natural gas • Louisiana
This EXECUTIVE CLAIMS SETTLEMENT AGREEMENT (including all exhibits attached hereto, and as may be amended, supplemented or modified in accordance with the terms hereof, this “Agreement”) is entered into as of December 13, 2016 and effective as of the Effective Date (as defined below), by and among, STONE ENERGY CORPORATION, a Delaware corporation, with its principal office located at 625 East Kaliste Saloom Road, Lafayette, Louisiana 70508 (the “Company”) and David Welch, Kenneth Beer, Lisa Jaubert, John Leonard, Eldon J. Louviere, Keith Seilhan, Richard Toothman, Thomas Messonnier, and Florence Ziegler (each, a “Senior Executive” and, collectively, the “Senior Executives” and together with the Company, each a “Party” and, collectively, the “Parties”).
