Exhibit 10.32
THIRD AMENDMENT TO COMBINED CREDIT AGREEMENTS
          THIS THIRD AMENDMENT TO COMBINED CREDIT AGREEMENTS, dated as of
May 28, 2008 (this “Amendment”), is entered into by and among QUICKSILVER
RESOURCES INC., a Delaware corporation (the “U.S. Borrower”), QUICKSILVER
RESOURCES CANADA INC., an Alberta, Canada corporation (the “Canadian Borrower”),
each of the Lenders (as defined in the U.S. Credit Agreement (as hereinafter
defined)) party hereto (together with its successors and assigns, the “U.S.
Lenders”), each of the Lenders (as defined in the Canadian Credit Agreement (as
hereinafter defined)) party hereto (together with its successors and assigns,
the “Canadian Lenders” and, together with the U.S. Lenders, the “Combined
Lenders”), JPMORGAN CHASE BANK, N.A., as global administrative agent (in such
capacity, the “Global Administrative Agent”), and JPMORGAN CHASE BANK, N.A.,
TORONTO BRANCH, as Canadian administrative agent (in such capacity, the
“Canadian Administrative Agent”).
W I T N E S S E T H:
          1.      The U.S. Borrower, the Global Administrative Agent, the other
Agents party thereto and the U.S. Lenders are parties to that certain Amended
and Restated Credit Agreement dated as of February 9, 2007 (as amended,
supplemented, restated or otherwise modified from time to time, the “U.S. Credit
Agreement”), pursuant to which the U.S. Lenders agreed to make loans to, and
extensions of credit on behalf of, the U.S. Borrower.
          2.      The Canadian Borrower, the Global Administrative Agent, the
Canadian Administrative Agent, the other Agents party thereto and the Canadian
Lenders are parties to that certain Amended and Restated Credit Agreement dated
as of February 9, 2007 (as amended, supplemented, restated or otherwise modified
from time to time, the “Canadian Credit Agreement” and, together with the U.S.
Credit Agreement, the “Combined Credit Agreements”), pursuant to which the
Canadian Lenders agreed to make loans to, and extensions of credit on behalf of,
the Canadian Borrower.
          3.      The parties to the Combined Credit Agreements intend to amend
the Combined Credit Agreements as follows:
          NOW, THEREFORE, in consideration of the premises and the mutual
covenants herein contained, the parties hereto agree as follows:
          I.      Amendment to U.S. Credit Agreement.
A.      The definition of “Permitted Senior Notes Debt” contained in Section 1.1
of the U.S. Credit Agreement is hereby amended in its entirety to read as
follows:
        “Permitted Senior Notes Debt” means any unsecured Indebtedness (in
addition to, and not including, Existing Subordinate Debt) of the Borrower, and
any Guarantees thereof by Subsidiaries, incurred or assumed after the date of
this Agreement and resulting from one or more issuances of Borrower’s senior
unsecured subordinate notes in an aggregate outstanding principal balance at any

1

--------------------------------------------------------------------------------

 

time of not greater than U.S. $500,000,000, including all renewals,
refinancings, replacements, and extensions thereof to the extent permitted
hereunder and made in accordance with the terms of the Combined Loan Documents
(including Section 7.14), provided, that, except, in the case of each of clauses
(ii), (iv) and (vi) below, to the extent such Indebtedness is on materially the
same or more favorable terms for the Borrower as the terms of the Existing
Subordinate Notes issued pursuant to the Existing Subordinated Note Indenture
(other than interest rate and principal amount), all such Indebtedness (i) has a
maturity date at least six (6) months after the Maturity Date, (ii) except to
the extent any such prepayments are made in accordance with subsection (y) to
the proviso in Section 7.14, is not permitted to be prepaid (other than by the
conversion of any such Indebtedness into the capital stock of the Borrower)
without the written consent of the Global Administrative Agent and the Majority
Lenders, (iii) has a coupon not in excess of nine percent (9%), (iv) contains
covenants not materially more onerous to Borrower and its Subsidiaries than
those contained in the Combined Loan Documents, (v) requires no scheduled
principal amortization prior to the sixth anniversary of the Closing Date, and
(vi) is otherwise on market terms and conditions as of the time of issuance
thereof.
B.      The references to “U.S. $300,000,000” contained in Section 7.1(o),
Section 7.6 and Section 7.14 of the U.S. Credit Agreement are hereby replaced
with “U.S. $500,000,000”.
          II.      Amendment to Canadian Credit Agreement.
A.      The definition of “Permitted Senior Notes Debt” contained in Section 1.1
of the Canadian Credit Agreement is hereby amended in its entirety to read as
follows:
          “Permitted Senior Notes Debt” means any unsecured Indebtedness (in
addition to, and not including, Existing Subordinate Debt) of the Parent, and
any Guarantees thereof by Subsidiaries, incurred or assumed after the date of
this Agreement and resulting from one or more issuances of Parent’s senior
unsecured subordinate notes in an aggregate outstanding principal balance at any
time of not greater than U.S. $500,000,000, including all renewals,
refinancings, replacements, and extensions thereof to the extent permitted
hereunder and made in accordance with the terms of the Combined Loan Documents
(including Section 7.14 of the U.S. Credit Agreement), provided, that, except,
in the case of each of clauses (ii), (iv) and (vi) below, to the extent such
Indebtedness is on materially the same or more favorable terms for the Parent as
the terms of the Existing Subordinate Notes issued pursuant to the Existing
Subordinated Note Indenture (other than interest rate and principal amount), all
such Indebtedness (i) has a maturity date at least six (6) months after the
Maturity Date, (ii) except to the extent any such prepayments are made in
accordance with subsection (y) to the proviso in Section 7.14 of the U.S. Credit
Agreement, is not permitted to be prepaid (other than by the conversion of any
such Indebtedness into the capital stock of the Parent) without the written
consent of the Global Administrative Agent and the Majority Lenders, (iii) has a
coupon not in excess of nine percent (9%), (iv) contains covenants not
materially more onerous to Parent and its

2

--------------------------------------------------------------------------------

 

Subsidiaries than those contained in the Combined Loan Documents, (v) requires
no scheduled principal amortization prior to the sixth anniversary of the
Closing Date, and (vi) is otherwise on market terms and conditions as of the
time of issuance thereof.
B.      The reference to “U.S. $300,000,000” contained in Section 7.1(o) of the
Canadian Credit Agreement is hereby replaced with “U.S. $500,000,000”.
          III.    Effectiveness.    This Amendment shall become effective as of
the date (the “Effective Date”) when the Global Administrative Agent shall have
received counterparts hereof duly executed by the U.S. Borrower, the Canadian
Borrower, the Global Administrative Agent, the Canadian Administrative Agent and
the Majority Lenders (or, in the case of any party as to which an executed
counterpart shall not have been received, telegraphic, telex, or other written
confirmation from such party of execution of a counterpart hereof by such
party).
          IV.    Reaffirmation of Representations and Warranties.   To induce
the Combined Lenders and the Global Administrative Agent to enter into this
Amendment, the U.S. Borrower and the Canadian Borrower hereby reaffirm, as of
the date hereof, the following:
                    (i)      The representations and warranties of each Loan
Party (as such term is defined in the U.S. Credit Agreement and the Canadian
Credit Agreement, collectively, the “Combined Loan Parties”) set forth in the
Combined Loan Documents to which it is a party are true and correct on and as of
the date hereof (or, if stated to have been made expressly as of an earlier
date, were true and correct in all material respects as of such date and, except
to the extent waived in writing by the Combined Lenders, the Required Lenders,
the Majority Lenders, the U.S. Lenders or the U.S. Required Lenders, as
applicable).
                    (ii)      Each of the Combined Loan Parties (a) is a
corporation or limited partnership duly incorporated or organized (as
applicable), validly existing and in good standing under the laws of its
jurisdiction of incorporation or organization, (b) has all corporate or limited
partnership power (as applicable) and all material governmental licenses,
authorizations, consents and approvals required to carry on its businesses as
now conducted and as proposed to be conducted, and (c) is duly qualified to
transact business as a foreign corporation or limited partnership in each
jurisdiction where a failure to be so qualified would reasonably be expected to
have a Material Adverse Effect.
                    (iii)      The execution, delivery and performance of this
Amendment and the other Combined Loan Documents by each Combined Loan Party (to
the extent each Combined Loan Party is a party to this Amendment and such
Combined Loan Documents) (a) are within such Combined Loan Party’s corporate or
limited partnership powers, (b) when executed will be duly authorized by all
necessary corporate or limited partnership action, (c) require no action by or
in respect of, or filing with, any Governmental Authority (other than
(1) actions or filings pursuant to the Exchange Act and (2) actions or filings
that have been taken or made and are in full force and effect) and (d) do not
contravene, or constitute a default under, any provision of applicable
Governmental Rule (including, without limitation, Regulation U) or of the
articles or

3

--------------------------------------------------------------------------------

 

certificate of incorporation, bylaws, regulations, partnership agreement or
comparable charter documents of any Combined Loan Party or of any agreement,
judgment, injunction, order, decree or other instrument binding upon any
Combined Loan Party or result in the creation or imposition of any Lien on any
Borrowing Base Property or Collateral other than the Liens securing the Combined
Obligations.
                    (iv)      This Amendment and each other Combined Loan
Document constitutes, or when executed and delivered will constitute, valid and
binding obligations of each Combined Loan Party which is a party thereto,
enforceable against each such Combined Loan Party which executes the same in
accordance with its terms except as the enforceability thereof may be limited by
(a) bankruptcy, insolvency, reorganization, moratorium, or similar Governmental
Rules affecting creditors’ rights generally, and (b) equitable principles of
general applicability (whether enforcement is sought by proceedings at law or in
equity).
                    (v)      Neither a Default nor an Event of Default has
occurred and will exist under either Combined Credit Agreement after giving
effect to the transactions contemplated by this Amendment or the other Combined
Loan Documents.   Neither the U.S. Borrower or any of its Subsidiaries nor the
Canadian Borrower or any of its Subsidiaries is in default under, nor has any
event or circumstance occurred which, but for the expiration of any applicable
grace period or the giving of notice, or both, would constitute a default under,
any Material Agreement to which the U.S. Borrower or any of its Subsidiaries or
the Canadian Borrower or any of its Subsidiaries is a party or by which the U.S.
Borrower or any of its Subsidiaries or the Canadian Borrower or any of its
Subsidiaries is bound which default would reasonably be expected to have a
Material Adverse Effect.   The U.S. Borrower is in compliance with the financial
covenants set forth in Article VI of the U.S. Credit Agreement.
                    (vi)      No event or events have occurred since
December 31, 2007 which individually or in the aggregate would reasonably be
expected to have a Material Adverse Effect.
          V.        Defined Terms.   Terms used herein when defined in the U.S.
Credit Agreement (including, to the extent applicable, after giving effect to
this Amendment) shall have the same meanings herein unless the context otherwise
requires.
          VI.      Reaffirmation of Combined Credit Agreements.   This Amendment
shall be deemed to be an amendment to the Combined Credit Agreements, and the
Combined Credit Agreements, as amended hereby, are hereby ratified, approved and
confirmed in each and every respect.   All references to the Combined Credit
Agreements herein and in any other document, instrument, agreement or writing
shall hereafter be deemed to refer to the Combined Credit Agreements as amended
hereby.
          VII.    Governing Law.    THIS AMENDMENT SHALL BE CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS.

4

--------------------------------------------------------------------------------

 

          NOTWITHSTANDING THE FOREGOING SENTENCE AND AFTER GIVING EFFECT TO THE
TEXTUAL AMENDMENTS CONTAINED IN SECTIONS I AND II OF THIS AMENDMENT, (i) THE
U.S. CREDIT AGREEMENT (AS AMENDED HEREBY) SHALL CONTINUE TO BE GOVERNED BY, AND
CONSTRUED IN ACCORDANCE WITH, THE LAW SPECIFIED IN SECTION 10.9(a) OF THE U.S.
CREDIT AGREEMENT, AND (ii) THE CANADIAN CREDIT AGREEMENT (AS AMENDED HEREBY)
SHALL CONTINUE TO BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW
SPECIFIED IN SECTION 10.9(a) OF THE CANADIAN CREDIT AGREEMENT.
          VIII.   Severability of Provisions.   Any provision of this Amendment
held to be invalid, illegal or unenforceable in any jurisdiction shall, as to
such jurisdiction, be ineffective to the extent of such invalidity, illegality
or unenforceability without affecting the validity, legality and enforceability
of the remaining provisions hereof; and the invalidity of a particular provision
in a particular jurisdiction shall not invalidate such provision in any other
jurisdiction.
          IX.      Counterparts.   This Amendment may be executed in
counterparts (and by different parties hereto on different counterparts), each
of which shall constitute an original, but all of which when taken together
shall constitute a single contract.   Delivery of an executed counterpart of a
signature page of this Amendment by telecopy (or other electronic transmission
acceptable to the Global Administrative Agent) shall be effective as delivery of
a manually executed counterpart of this Amendment.
          X.        Headings.   Article and Section headings used herein are for
convenience of reference only, are not part of this Amendment and shall not
affect the construction of, or be taken into consideration in interpreting, this
Amendment.
          XI.      Successors and Assigns.   This Amendment shall be binding
upon and inure to the benefit of the parties hereto and their respective
successors and assigns permitted hereby (including any Affiliate of an Issuing
Bank that issues any Letter of Credit), except that neither the U.S. Borrower
nor the Canadian Borrower may assign or otherwise transfer any of its rights or
obligations hereunder without the prior written consent of the Global
Administrative Agent, each Issuing Bank and each Combined Lender (and any
attempted assignment or transfer by either the U.S. Borrower or the Canadian
Borrower without such consent shall be null and void).
          XII.    No Oral Agreements.   THIS AMENDMENT, THE COMBINED CREDIT
AGREEMENTS, AS AMENDED HEREBY, AND THE OTHER COMBINED LOAN DOCUMENTS REPRESENT
THE FINAL AGREEMENT BETWEEN AND AMONG THE PARTIES WITH RESPECT TO THE SUBJECT
MATTER HEREOF AND THEREOF AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR,
CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO
UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.
          XIII.   Loan Document.    This Amendment constitutes a “Loan
Document,” a “Canadian Loan Document” and a “Combined Loan Document” under and
as defined in

5

--------------------------------------------------------------------------------

 

the U.S. Credit Agreement, and a “Loan Document,” a “U.S. Loan Document” and a
“Combined Loan Document” under and as defined in the Canadian Credit Agreement.
[Signature Pages to Follow]

6

--------------------------------------------------------------------------------

 

          IN WITNESS WHEREOF, the U.S. Borrower, the Canadian Borrower, the
undersigned Combined Lenders, the Global Administrative Agent and the Canadian
Administrative Agent have executed this Amendment as of the date first above
written.

          U.S. BORROWER

QUICKSILVER RESOURCES INC.,
a Delaware corporation, as U.S. Borrower

    By:                /s/ MarLu Hiller           MarLu Hiller, Vice President –
Treasurer             
CANADIAN BORROWER

QUICKSILVER RESOURCES CANADA INC.,
an Alberta, Canada corporation, as Canadian
Borrower

      By:                 /s/ MarLu Hiller           MarLu Hiller, Vice
President – Treasurer         

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            AGENTS AND COMBINED LENDERS

JPMORGAN CHASE BANK, N.A., as Global Administrative Agent and as a U.S. Lender

      By:                /s/ J. Scott Fowler             J. Scott Fowler       
    Senior Vice President     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            JPMORGAN CHASE BANK, N.A., TORONTO
BRANCH, as a Canadian Administrative Agent
and as a Canadian Lender
        By:                /s/ Michael N. Tam      
 
  Name:                   Michael N. Tam       
 
  Title:                   Senior Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            BANK OF AMERICA, N.A., as a U.S. Lender

      By:                /s/ Ronald E. McKaig      
 
  Name:                    Ronald E. McKaig       
 
  Title:                    Senior Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            BNP PARIBAS, as a U.S. Lender

      By:                /s/ Russell Otts      
 
  Name:                    Russell Otts       
 
  Title:                    Director       
 
          By:                  /s/ Juan Carlos Sandoval      
 
  Name:                    Juan Carlos Sandoval       
 
  Title:                    Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            FORTIS CAPITAL CORP., as a U.S. Lender

      By:                /s/ Scott Myatt      
 
  Name:                    Scott Myatt       
 
  Title:                    Vice President       
 
          By:                 /s/ Darrell Holley      
 
  Name:                    Darrell Holley       
 
  Title:                    Managing Director       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            THE BANK OF NOVA SCOTIA, as a U.S.
Lender

      By:                /s/ David G. Mills      
 
  Name:                    David Mills      Title:                    Director 
   

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            DEUTSCHE BANK TRUST COMPANY
AMERICAS, as a U.S. Lender

      By:                /s/ Erin Morrissey      
 
  Name:                    Erin Morrissey       
 
  Title:                    Vice President       
 
          By:                 /s/ Omayra Laucena      
 
  Name:                    Omayra Laucena       
 
  Title:                    Vice President       
 
 

[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            THE ROYAL BANK OF SCOTLAND plc, as a
U.S. Lender

      By:                /s/ Scott L. Joyce      
 
                     Scott L. Joyce                         Senior Vice
President     

[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            CALYON NEW YORK BRANCH, as a U.S.
Lender

      By:                /s/ Tom Byargeon      
 
  Name:                    Tom Byargeon       
 
  Title:                    Managing Director       
 
          By:                /s/ Sharada Manne      
 
  Name:                    Sharada Manne       
 
  Title:                    Director       
 
 

[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            CITIBANK, N.A., as a U.S. Lender

      By:                /s/ David E. Hunt      
 
  Name:                    David E. Hunt       
 
  Title:                    Vice President       
 
 

[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            UNION BANK OF CALIFORNIA, N.A., as a
U.S. Lender

      By:                /s/ Alison Fuqua      
 
  Name:                    Alison Fuqua       
 
  Title:                    Assistant Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            WELLS FARGO BANK, N.A., as a U.S. Lender

      By:                /s/ David C. Brooks      
 
  Name:                    David C. Brooks      Title:                    Vice
President     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            TORONTO DOMINION (TEXAS) LLC, as a
U.S. Lender

      By:                /s/ Jackie Barrett      
 
  Name:                    Jackie Barrett       
 
  Title:                    Authorized Signatory       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            U.S. BANK NATIONAL ASSOCIATION, as a
U.S. Lender

      By:                /s/ Daria Mahoney      
 
  Name:                    Daria Mahoney       
 
  Title:                    Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            SUMITOMO MITSUI BANKING
CORPORATION, as a U.S. Lender

      By:        
 
  Name:                         
 
  Title:                         
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            COMPASS BANK, as a U.S. Lender

      By:                /s/ Dorothy Marchand      
 
  Name:                    Dorothy Marchand       
 
  Title:                    Senior Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            SOCIÉTÉ GÉNÉRALE, as a U.S. Lender

      By:                /s/ Stephen W. Warfel      
 
  Name:                    Stephen W. Warfel      Title:  
                 Managing Director     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            COMERICA BANK, as a U.S. Lender

      By:                /s/ Peter L. Sefzik      
 
  Name:                    Peter L. Sefzik       
 
  Title:                    Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            STERLING BANK, as a U.S. Lender

      By:                /s/ Melissa A. Bauman      
 
  Name:                    Melissa A. Bauman      Title:  
                 Senior Vice President     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            CIBC INC., as a U.S. Lender

      By:                /s/ Dominic J. Sorresso      
 
  Name:                    Dominic J. Sorresso      Title:  
                 Executive Director     

CIBC World Markets Corp.
Authorized Signatory
 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            KEYBANK, N.A., as a U.S. Lender

      By:        
 
  Name:                         
 
  Title:                         
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            EXPORT DEVELOPMENT CANADA, as a U.S. Lender

      By:        
 
  Name:                         
 
  Title:                         
 
          By:        
 
  Name:                         
 
  Title:                         
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            BARCLAYS BANK PLC, as a U.S. Lender

      By:        
 
  Name:                         
 
  Title:                         
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            CREDIT SUISSE, CAYMAN ISLANDS
BRANCH, as a U.S. Lender

      By:                /s/ Vanessa Gomez      
 
  Name:                    Vanessa Gomez      Title:  
                 Director              By:                 /s/ Nupur Kumar      
 
  Name:                    Nupur Kumar      Title:                    Associate 
   

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            BANK OF AMERICA, N.A. (by its Canada
branch), as a Canadian Lender

      By:                /s/ Medina Sales de Andrade      
 
  Name:                    Medina Sales de Andrade       
 
  Title:                    Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            BNP PARIBAS (CANADA), as a Canadian
Lender

      By:                /s/ Chris Rice      
 
  Name:                    Chris Rice       
 
  Title:                    Vice President       
 
          By:                 /s/ Michael Gosselin      
 
  Name:                    Michael Gosselin       
 
  Title:                    Managing Director       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            FORTIS CAPITAL (CANADA) LTD., as a
Canadian Lender

      By:                /s/ Doug Clark      
 
  Name:                    Doug Clark      Title:                    Director   
          By:                 /s/ Cory Wallin      
 
  Name:                    Cory Wallin      Title:                    Assistant
Vice President     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            THE BANK OF NOVA SCOTIA, as a Canadian
Lender

      By:                /s/ Andrew Kellock      
 
  Name:                    Andrew Kellock       
 
  Title:                    Director       
 
          By:                 /s/ Todd Kennedy      
 
  Name:                    Todd Kennedy       
 
  Title:                    Associate       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            DEUTSCHE BANK AG CANADA BRANCH, as
a Canadian Lender

      By:                /s/ Robert A. Johnston      
 
  Name:                    Robert A. Johnston       
 
  Title:                    Director       
 
          By:                 /s/ Marcellus Leung      
 
  Name:                    Marcellus Leung       
 
  Title:                    Assistant Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            CITIBANK, N.A., CANADIAN BRANCH, as a
Canadian Lender

      By:                /s/ Niyousha Zarinpour      
 
  Name:                    Niyousha Zarinpour       
 
  Title:                    Authorized Signer       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            UNION BANK OF CALIFORNIA, N.A., CANADA
BRANCH, as a Canadian Lender

      By:                /s/ Phil Taylor      
 
  Name:                    Phil Taylor      Title:                    Senior
Vice President     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            WELLS FARGO FINANCIAL
CORPORATION CANADA, as a Canadian
Lender

      By:                /s/ Nick Scarfo      
 
  Name:                    Nick Scarfo       
 
  Title:                    Vice President       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            THE TORONTO-DOMINION BANK, as a
Canadian Lender

      By:                /s/ Jackie Barrett      
 
  Name:                    Jackie Barrett       
 
  Title:                    Authorized Signatory       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            U.S. BANK NATIONAL ASSOCIATION, as a
Canadian Lender

      By:                /s/ Kevin Jephcott      
 
  Name:                    Kevin Jephcott      Title:  
                 Principal Officer     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            SUMITOMO MITSUI BANKING
CORPORATION OF CANADA, as a Canadian
Lender

      By:        
 
  Name:                         
 
  Title:                         
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            SOCIÉTÉ GÉNÉRALE (CANADA BRANCH),
as a Canadian Lender

      By:                /s/ Benoît Desmarais      
 
  Name:                    Benoît DESMARAIS      Title:  
                 Managing Director              By:                 /s/ Paul
Primavesi      
 
  Name:                    Paul PRIMAVESI      Title:                    Vice
President     

[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            COMERICA BANK, CANADA BRANCH, as a
Canadian Lender

      By:                /s/ Omer Ahmed      
 
  Name:                    Omer Ahmed      Title:                    Portfolio
Manager     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            CANADIAN IMPERIAL BANK OF
COMMERCE, as a Canadian Lender

      By:                /s/ Randy Geislinger      
 
  Name:                    Randy Geislinger      Title:  
                 Executive Director              By:                 /s/ Chris
Perks      
 
  Name:                    Chris Perks      Title:                    Executive
Director     

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            KEYBANK, N.A., as a Canadian Lender

      By:        
 
  Name:                         
 
  Title:                         
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            BARCLAYS BANK PLC, as a Canadian Lender

      By:        
 
  Name:                         
 
  Title:                         
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.

 

--------------------------------------------------------------------------------

 

            CREDIT SUISSE, TORONTO BRANCH, as a
Canadian Lender

      By:                /s/ Alain Daoust      
 
  Name:                    Alain Daoust       
 
  Title:                    Director       
 
          By:                /s/ Bruce F. Wetherly      
 
  Name:                    Bruce F. Wetherly       
 
  Title:                    Director       
 
 

 
[Signature Page]
Third Amendment to Combined Credit Agreements
Quicksilver Resources Inc.