BACKSTOP COMMITMENT AGREEMENT AMONG HORNBECK OFFSHORE SERVICES, INC. AND THE COMMITMENT PARTIES PARTY HERETO Dated as of May 13, 2020Backstop Commitment Agreement • May 19th, 2020 • Hornbeck Offshore Services Inc /La • Water transportation • New York
This BACKSTOP COMMITMENT AGREEMENT (including exhibits and schedules attached hereto and incorporated herein, this “Agreement”), dated as of May 13, 2020, is made by and among (i) Hornbeck Offshore Services, Inc., a Delaware corporation (the “Company”), on behalf of itself and certain of its subsidiaries as set forth on Schedule 2 (each, a “Debtor” and collectively, the “Debtors”), on the one hand, and (ii) in each case in their capacity as such, the Consenting Unsecured Noteholders (as defined below) (the “Unsecured Commitment Parties”), the Consenting First Lien Lenders (as defined below) (the “First Lien Commitment Parties”) and the Consenting Second Lien Lenders (as defined below) (the “Second Lien Commitment Parties” and, together with the First Lien Commitment Parties, the “Secured Commitment Parties” and, collectively with the Unsecured Commitment Parties, each a “Commitment Party” and, collectively, the “Commitment Parties”) each as set forth on Schedule 1 hereto (as such list
