FORM OF SUBORDINATED NOTE MODIFICATION AGREEMENTSubordinated Note Modification Agreement • January 23rd, 2015 • ZaZa Energy Corp • Crude petroleum & natural gas • Texas
This SUBORDINATED NOTE MODIFICATION AGREEMENT (“Agreement”) is made and entered into as of this 19th day of January, 2015 (the “Effective Date”), by and among (“Founder”), (“Founder Holdco” and, together with Founder, the “Note Holders”) and ZaZa Energy Corporation (“ZaZa” or the “Company”). The Note Holders and the Company are sometimes collectively referred to in this Agreement as the “Parties,” and each of them is sometimes individually referred to as a “Party.”
