25,000,000 CREDIT AGREEMENT Among REOSTAR ENERGY, CORPORATION as Borrower, THE LENDERS PARTY HERETO FROM TIME TO TIME as Lenders, and UNION BANK OF CALIFORNIA, N.A. as Administrative Agent and as Issuing Lender October 30, 2008Credit Agreement • November 4th, 2008 • ReoStar Energy CORP • Oil & gas field exploration services • Texas
This Credit Agreement dated as of October 30, 2008 is among ReoStar Energy, Corporation, a Nevada corporation ("Borrower"), the lenders party hereto from time to time ("Lenders"), and Union Bank of California, N.A., as administrative agent for such Lenders (in such capacity, the "Administrative Agent") and as issuing lender for such Lenders (in such capacity, the "Issuing Lender"). The Borrower, Lenders, Administrative Agent, and Issuing Lender hereby agree as follows:
SECURITY AGREEMENTSecurity Agreement • November 4th, 2008 • ReoStar Energy CORP • Oil & gas field exploration services • Texas
THIS SECURITY AGREEMENT dated as of October 30, 2008 (this "Security Agreement") is by and among REOSTAR ENERGY, CORPORATION, a Nevada corporation ("Borrower"), each subsidiary of the Borrower signatory hereto (together with the Borrower, the "Grantors" and individually, each a "Grantor") and Union Bank of California, N.A. as administrative agent (in such capacity the "Administrative Agent") under the Credit Agreement (as hereinafter defined), for its benefit and the benefit of the Secured Parties (as hereinafter defined).
PLEDGE AGREEMENTPledge Agreement • November 4th, 2008 • ReoStar Energy CORP • Oil & gas field exploration services • Texas
THIS PLEDGE AGREEMENT dated as of October 30, 2008 (this "Pledge Agreement") is by and among REOSTAR ENERGY, CORPORATION, a Nevada corporation ("Borrower"), each subsidiary of the Borrower signatory hereto (together with the Borrower, the "Pledgors" and individually, each a "Pledgor") and Union Bank of California, N.A. as administrative agent (in such capacity the "Administrative Agent") under the Credit Agreement (as hereinafter defined), for its benefit and the benefit of the Secured Parties (as hereinafter defined).
