BAYTEX ENERGY CORP. 8.750% Senior Notes due 2027 INDENTURE Dated as of February 5, 2020 COMPUTERSHARE TRUST COMPANY, N.A. as TrusteeIndenture • February 11th, 2020 • Baytex Energy Corp. • Drilling oil & gas wells • New York
Contract Type FiledFebruary 11th, 2020 Company Industry Jurisdictionrestrictions on transfer contained in the Indenture and the Private Placement Legend are not required in order to maintain compliance with the Securities Act and (iv) the Definitive Note is being acquired in compliance with any applicable blue sky securities laws of any state of the United States.