SIXTH AMENDMENT TO LOAN AGREEMENTLoan Agreement • July 17th, 2024 • Next Bridge Hydrocarbons, Inc. • Crude petroleum & natural gas • New York
This SIXTH AMENDMENT TO LOAN AGREEMENT (this “Agreement”) is entered into effective as of June 30, 2024 (the “Amendment Effective Date”), among NEXT BRIDGE HYDROCARBONS, INC., a Nevada corporation (the “Borrower”), each of the other Loan Parties under the Loan Agreement (defined below), and GREGORY MCCABE, individually (as successor by assignment to Meta Materials Inc., a Nevada corporation (“Meta”)) (the “Lender”). Unless otherwise expressly defined herein, capitalized terms used but not defined in this Agreement shall have the meanings specified in the Loan Agreement (as defined below).
FOURTH AMENDMENT TO 5% UNSECURED PROMISSORY NOTENext Bridge Hydrocarbons, Inc. • July 17th, 2024 • Crude petroleum & natural gas • Texas
This FOURTH AMENDMENT TO 5% UNSECURED PROMISSORY NOTE (this “Agreement”) is entered into effective as of March 31, 2024 (the “Amendment Effective Date”), among NEXT BRIDGE HYDROCARBONS, INC. (f/k/a OILCO HOLDINGS, INC.), a Nevada corporation (the “Borrower”), and GREGORY MCCABE, an individual with an address at 500 West Texas Ave., Suite 890, Midland, Texas 79701 (the “Lender”). Unless otherwise expressly defined herein, capitalized terms used but not defined in this Agreement shall have the meanings specified in the Note (as defined below).
SIXTH AMENDMENT TO 8% SECURED PROMISSORY NOTENext Bridge Hydrocarbons, Inc. • July 17th, 2024 • Crude petroleum & natural gas • Nevada
This SIXTH AMENDMENT TO 8% SECURED PROMISSORY NOTE (this “Agreement”) is entered into effective as of June 30, 2024 (the “Amendment Effective Date”), among NEXT BRIDGE HYDROCARBONS, INC. (f/k/a OILCO HOLDINGS, INC.), a Nevada corporation (the “Borrower”), each of the Grantors (defined below), and GREGORY MCCABE, individually (as successor by assignment to Meta Materials Inc., a Nevada corporation (“Meta”)) (the “Lender”). Unless otherwise expressly defined herein, capitalized terms used but not defined in this Agreement shall have the meanings specified in the Secured Note (as defined below).
SUBORDINATION AGREEMENTSubordination Agreement • July 17th, 2024 • Next Bridge Hydrocarbons, Inc. • Crude petroleum & natural gas
This Subordination Agreement (this “Agreement”) is made as of February 29, 2024 by and between GREGORY MCCABE (“Subordinated Creditor”), CAPCO HOLDINGS, INC., a Texas Corporation (“Senior Creditor”) and NEXT BRIDGE HYDROCARBONS, INC., a Nevada corporation (“Borrower”).
