And Waiver Under Securities Purchase Agreement Sample Contracts

AMENDMENT TO 8% SENIOR SECURED CONVERTIBLE DEBENTURE AND WAIVER UNDER SECURITIES PURCHASE AGREEMENT

And Waiver Under Securities Purchase Agreement • June 11th, 2014 • Lilis Energy, Inc. • Crude petroleum & natural gas • New York

• Contract Type
  And Waiver Under Securities Purchase Agreement
• Filed
  June 11th, 2014
• Company
  Lilis Energy, Inc.
• Industry
  Crude petroleum & natural gas
• Jurisdiction
  New York

This Amendment and Waiver (this “Amendment”), made as of July 23, 2012, by and between Recovery Energy, Inc., a Nevada corporation (the “Company”), and each holder identified on the signature page hereto (the “Holders”), modifies that certain Securities Purchase Agreement, dated as of March 19, 2012, between the Company and the Holders (the “Purchase Agreement”) and those certain 8% Senior Secured Convertible Debentures due February 8, 2014 of the Company issued pursuant to the Purchase Agreement (the “Debentures”). Terms not otherwise defined herein shall have the meanings ascribed to such terms in the Purchase Agreement. For the avoidance of doubt, the term “Debenture” shall not refer to any debentures issued by the Company prior to March 19, 2012.