FOURTH AMENDMENT TO FORBEARANCE AGREEMENTForbearance Agreement • January 31st, 2020 • Key Energy Services Inc • Oil & gas field services, nec • New York
This Fourth Amendment to Forbearance Agreement, dated as of January 31, 2020 (this “Agreement”) is among KEY ENERGY SERVICES, INC., a Delaware corporation (the “Company”), KEY ENERGY SERVICES, LLC, a Texas limited liability company (“Key Energy LLC”, and together with the Company, collectively, “Borrowers” or “Borrower”), Lenders party to this Agreement and BANK OF AMERICA, N.A., a national banking association, as administrative agent for the Lenders (in such capacity, “Administrative Agent”), which amends that certain Forbearance Agreement, dated as of October 29, 2019, as amended by the Amendment to Forbearance Agreement, dated as of December 6, 2019, the Second Amendment to Forbearance Agreement and Amendment No. 2 to Loan Agreement, dated as of December 20, 2019 and the Third Amendment to Forbearance Agreement, dated as of January 10, 2020 (as amended, the “Forbearance Agreement”), by and among the Borrowers, the Administrative Agent and the Lenders.
