Irrevocable Contract Guarantee Sample Contracts

IRREVOCABLE CONTRACT GUARANTEE
Irrevocable Contract Guarantee • November 27th, 2009 • Cobalt International Energy, Inc. • Crude petroleum & natural gas

This Irrevocable Contract Guarantee (this “Guarantee”) is made in favor of ENSCO Offshore Company, a Delaware corporation (the “Contractor”), by each of the following entities: (a) (i) C/R Cobalt Investment Partnership, L.P. (“C/R CIP”); (ii) C/R Energy Coinvestment II, L.P. (“C/R ECII”); (iii) Riverstone Energy Coinvestment III, L.P. (“RECIII”); (iv) C/R Energy III Cobalt Partnership, L.P. (“CIR ECP”); (v) Carlyle/Riverstone Global Energy and Power Fund III, L.P. (C/R GEPF”); and (vi) Carlyle Energy Coinvestment III, L.P. (“CECIII”) and, together with C/R CIP, C/R ECII, RECIII, C/R ECP, and C/R GEPF, “Carlyle/Riverstone”); (b) (i) First Reserve Fund XI, L.P. (“FR XI”), (ii) FR XI Onshore AIV, L.P. (“FR Onshore” and, together with FR XI, “First Reserve”); (c) (i) GS Capital Partners VI Fund, L.P. (“GSCP VI Onshore”); (ii) GS Capital Partners VI Offshore Fund, L.P. (“GSCP VI Offshore”); (iii) GS Capital Partners V Fund, L.P. (“GSCP V Onshore”); and GS Capital Partners V Offshore Fund, L

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