Conveyance of Net Profits Interest Sample Contracts

FIRST AMENDMENT TO CONVEYANCE OF NET PROFITS INTEREST
Conveyance of Net Profits Interest • September 12th, 2017 • Enduro Royalty Trust • Crude petroleum & natural gas • Texas

This First Amendment (this “Amendment”) to Conveyance of Net Profits executed as of November 8, 2011, as supplemented by the Supplement to Conveyance of Net Profits Interest executed as of November 8, 2011 (as supplemented, the “Conveyance”) is entered into effective as of September 6, 2017 by and among Enduro Operating LLC, a Delaware limited liability company (“Enduro Operating”) and The Bank of New York Mellon Trust Company, N.A., a national association organized under the laws of the State of New York (the “Trustee”), acting not in its individual capacity but solely as trustee of Enduro Royalty Trust, a Delaware statutory trust created under the Delaware Statutory Trust Act (the “Trust”). Capitalized terms used but not defined herein have the meanings ascribed to them in the Conveyance.

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