Exhibit 10.2

FIRST AMENDMENT

TO SECURITIES PURCHASE AGREEMENT

DATED DECEMBER 17, 2012

This First Amendment To Securities Purchase Agreement Dated December 17, 2012
(the “First Amendment”) is made and entered into this 29th day of July, 2014, by
and among PostRock Energy Corporation, a Delaware corporation (“PostRock”),
White Deer Energy L.P., a Cayman Islands exempted limited partnership, White
Deer Energy TE L.P., a Cayman Islands exempted limited partnership and White
Deer Energy, FI L.P. a Cayman Islands exempted limited partnership, (all three
White Deer entities together are referred to as the “Investors” and individually
as an “Investor”).

WHEREAS, PostRock and the Investors made and entered into that certain
Securities Purchase Agreement (the “Agreement”) dated December 17, 2012;

WHEREAS, PostRock and the Investors desire to amend the Agreement for the sole
purpose of extending the period of time within which PostRock may pay the
Investors the quarterly dividends due on the Series A Preferred Stock in kind
(“PIK”) by issuing Warrants rather than in cash;

NOW, THEREFORE, for and in consideration of the premises, the agreements herein
and other good and valuable consideration, the receipt and adequacy of which are
hereby acknowledged, PostRock and the Investors hereby amend the Agreement as
follows:

Section 1.4, titled “Issuance of Additional Warrants,” is amended by striking
the date “December 31, 2014” contained in the first line of said Section and is
replaced with the date “June 30, 2016.”

Except to the extent amended and modified as set forth above, the Agreement
remains in full force and effect pursuant to its terms.

IN WITNESS WHEREOF, this Agreement has been executed by the parties hereto as of
the date first above written.

POSTROCK ENERGY CORPORATION

By: /s/ Stephen L. DeGiusit

Stephen L. DeGiusti

Executive Vice President, General Counsel and Secretary

 

 

 

 

 

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

 

 

 

WHITE DEER ENERGY L.P.

By:  Edelman & Guill Energy L.P., its general partner

By:  Edelman & Guill Energy Ltd. its general partner

By: /s/ Thomas J. Edelman

Thomas J. Edelman, Director

 

WHITE DEER ENERGY TE L.P.

By:  Edelman & Guill Energy L.P., its general partner

By:  Edelman & Guill Energy Ltd., its general partner

By: /s/ Thomas J. Edelman

Thomas J. Edelman, Director

 

WHITE DEER ENERGY FI L.P.

By:  Edelman & Guill Energy L.P., its general partner

By:  Edelman & Guill Energy Ltd., its general partner

By: /s/ Thomas J. Edelman

Thomas J. Edelman, Director

 

 

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