AREA OF EXCLUSION AGREEMENTArea of Exclusion Agreement • July 10th, 2018 • Baytex Energy Corp. • Drilling oil & gas wells • Alberta
In consideration of the payment of $10.00 and other good and valuable consideration provided by Baytex and Raging River to the Insider, including securities issuable by Baytex to the Insider pursuant to the Arrangement and certain cash payments made by Raging River at the Effective Time in connection with the Arrangement (the receipt and sufficiency of which is hereby acknowledged for all purposes by the Insider), the parties hereto agree as follows:
