EXHIBIT 10.1

 

FIRST AMENDMENT

TO

SECOND AMENDED AND RESTATED COMBINED CREDIT AGREEMENTS

 

THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED COMBINED CREDIT AGREEMENTS,
dated as of May 9, 2008 (the “Amendment”), among FOREST OIL CORPORATION, a New
York corporation (the “U.S. Borrower”), CANADIAN FOREST OIL LTD. and each other
subsidiary of Canadian Forest which becomes a “Borrower” (as defined in the
Canadian Credit Agreement) under the Canadian Credit Agreement (the “Canadian
Borrowers”), each of the lenders that is a signatory to, or which becomes a
signatory to, the U.S. Credit Agreement (together with its successors and
assigns, the “U.S. Lenders”), each of the lenders that is a signatory to, or
which becomes a signatory to, the Canadian Credit Agreement (together with its
successors and assigns, the “Canadian Lenders”, and together with the U.S.
Lenders, the “Combined Lenders”), JPMORGAN CHASE BANK, N.A., TORONTO BRANCH, as
Canadian Administrative Agent and JPMORGAN CHASE BANK, N.A., as Global
Administrative Agent (in such capacity, together with its successors in such
capacity, the “Global Administrative Agent”), and the other Agents party
thereto.

 

W I T N E S S E T H:

 

1.                                       The U.S. Borrower, Global
Administrative Agent, the Co-Global Syndication Agents, the Co-U.S.
Documentation Agents, and the U.S. Lenders are parties to that certain Second
Amended and Restated Credit Agreement, dated as of June 6, 2007 (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 Borrowers, Global
Administrative Agent, the Canadian Administrative Agent, the Co-Global
Syndication Agents, the Co-Canadian Documentation Agents, and the Canadian
Lenders are parties to that certain Second Amended and Restated Credit
Agreement, dated as of June 6, 2007 (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 Borrowers.

 

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.                                         Amendments to U.S. Credit Agreement.

 

A.                                   Section 1.1 of the U.S. Credit Agreement
hereby is amended by amending and restating the following definitions of
“Co-Canadian Documentation Agents”, “Co-Global Syndication Agents”, and “Co-U.S.
Documentation Agents” in their entirety to read as follows:

 

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

 

“                                          “Co-Canadian Documentation Agents”
means Bank of Montreal and Citibank, N.A., Canadian Branch, each in its capacity
as co-Canadian documentation agent for the Canadian Lenders, and any successor
thereto.”

 

“                                          “Co-Global Syndication Agents” means
Bank of America, N.A. and Toronto Dominion (Texas) LLC, each in its capacity as
co-global syndication agent for the Lenders hereunder, and any successor
thereto.”

 

“                                          “Co-U.S. Documentation Agents” means
BNP Paribas, Credit Suisse, Cayman Islands Branch, Deutsche Bank Securities
Inc., Wells Fargo Bank, N.A. and The Bank of Nova Scotia, each in its capacity
as co-U.S. documentation agent for the Lenders hereunder, and any successor
thereto.”

 

B.                                     Section 5.12 of the U.S. Credit Agreement
hereby is amended and restated in its entirety to read as follows:

 

“If any additional Subsidiary of Borrower is formed or acquired after the Global
Effective Date, Borrower will notify the Global Administrative Agent and the
Lenders thereof and whether such Subsidiary is an Unrestricted Subsidiary or a
Restricted Subsidiary.  If any Restricted Subsidiary as of the date of its
formation, its acquisition or at any time thereafter has a total asset value in
excess of U.S.$25,000,000 (or its equivalent in other currencies) and has
incurred Indebtedness or Guaranteed Indebtedness in excess of U.S.$5,000,000 (or
its equivalent in other currencies) in favor of any Person other than a Loan
Party, then Borrower will notify the Global Administrative Agent and the Lenders
thereof and cause such Subsidiary (unless such Subsidiary is a Foreign
Subsidiary) to (a) execute a Subsidiary Guaranty within 30 days after such
Subsidiary is formed or acquired or it is determined to have the requisite total
asset value and Indebtedness owed to third parties and (b) if the Issuer Rating
of Borrower issued by both S&P and Moody’s is equal to or lower than “BB+” or
“Ba1,” respectively, (i) execute a Mortgage (to the extent necessary to comply
with Section 5.15) for the ratable benefit of each Lender (other than any such
Lender having notified the Global Administrative Agent that it may not legally
benefit from same) and promptly take such actions to create and perfect Liens on
such Subsidiary’s assets to secure the Obligations as the Global Administrative
Agent shall reasonably request, (ii) pledge or cause to be pledged all Equity
Interests in such Restricted Subsidiary pursuant to a Pledge Agreement within 30
days after such Subsidiary is formed or acquired (except that, if such
Subsidiary is a Foreign Subsidiary, Equity Interests of such Subsidiary to be
pledged pursuant to such Pledge Agreement may be limited to 65% of the total
combined voting power of all classes of voting Equity Interests of such
Subsidiary) and (iii) cause any and all such Persons (except Borrower) pledging
such Equity Interests pursuant to a Pledge Agreement to execute a Subsidiary
Guaranty but only if such Person has not heretofore executed a Subsidiary
Guaranty.”

 

2

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

 

C.                                     Section 5.15(c) of the U.S. Credit
Agreement hereby is amended and restated in its entirety to read as follows:

 

“If at any time the Global Administrative Agent shall have received currently
effective, duly executed Loan Documents encumbering Oil and Gas Properties of
Borrower and its Restricted Subsidiaries constituting (i) less than 75% of the
Present Value of Oil and Gas Properties of Borrower and its Restricted
Subsidiaries or (ii) Oil and Gas Properties of Borrower and its Restricted
Subsidiaries located in the United States and subject to a mortgage Lien having
a Present Value that is less than 1.875 times the amount of the Allocated U.S.
Borrowing Base then in effect, then Borrower will notify the Global
Administrative Agent and the Lenders thereof and will, and/or will cause its
Restricted Subsidiaries to, execute and deliver to the Global Administrative
Agent for the ratable benefit of each Lender (other than any such Lender having
notified the Global Administrative Agent that it may not legally benefit from a
given Mortgage) supplemental or additional Security Documents, in form and
substance reasonably satisfactory to the Global Administrative Agent and its
counsel (including, but not limited to, (A) in the case of Restricted
Subsidiaries whose Oil and Gas Properties are to be mortgaged pursuant to this
Section 5.15(c), (1) a Subsidiary Guaranty, (2) a pledge of all Equity Interests
in such Restricted Subsidiary pursuant to a Pledge Agreement and (3) a Mortgage
and (B) in the case of Borrower, a Mortgage), covering additional Oil and Gas
Properties of Borrower and its Restricted Subsidiaries not then encumbered by
any Combined Loan Documents such that the Global Administrative Agent shall have
received currently effective duly-executed Security Documents (A) encumbering
Oil and Gas Properties of Borrower and its Restricted Subsidiaries constituting
75% or more of the Present Value of Oil and Gas Properties of Borrower and its
Restricted Subsidiaries, and (B) encumbering Oil and Gas Properties of Borrower
and its Restricted Subsidiaries located in the United States and subject to a
mortgage Lien having a Present Value constituting at least 1.875 times the
Allocated U.S. Borrowing Base; provided, however, that in the event of a failure
to comply with the terms and provisions of this Section 5.15(c), the Borrower
will, and/or will cause its Restricted Subsidiaries to, cure such default within
90 days following the occurrence thereof.”

 

D.                                    Section 7.1(a)(ii) of the U.S. Credit
Agreement hereby is amended and restated in its entirety to read as follows:

 

“                                          (ii)                                 
Senior Notes in an aggregate principal amount not to exceed at any one time
U.S.$2,250,000,000;”.

 

E.                                      The first paragraph of Article IX of the
U.S. Credit Agreement hereby is amended and restated in its entirety to read as
follows:

 

“Each of the Lenders, the Issuing Banks and the other Agents hereby irrevocably
appoints JPMorgan Chase Bank, N.A. as the Global Administrative Agent, Bank of
America, N.A. and Toronto Dominion (Texas) LLC, as the Co-Global Syndication
Agents, and BNP Paribas, Credit Suisse, Cayman Islands Branch,

 

3

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

 

Deutsche Bank Securities Inc., Wells Fargo Bank, N.A. and The Bank of Nova
Scotia, as the Co-U.S. Documentation Agents, and authorizes each such Agent to
take such actions on its behalf and to exercise such powers as are delegated to
such Agent by the terms of the Loan Documents, together with such actions and
powers as are reasonably incidental thereto; provided, however, that none of the
Co-Global Syndication Agents or Co-U.S. Documentation Agents shall have or be
deemed to have any liability hereunder or any duties or obligations under the
Loan Documents.”

 

F.                                      The U.S. Credit Agreement hereby is
amended by replacing Schedule 2.1 to the U.S. Credit Agreement with Schedule 2.1
- US to this Amendment.

 

II.                                     Amendments to the Canadian Credit
Agreement.

 

A.                                   Section 1.1 of the Canadian Credit
Agreement hereby is amended by amending and restating the following definitions
of “Co-Canadian Documentation Agents”, “Co-Global Syndication Agents” and
“Co-U.S. Documentation Agents” in their entirety to read as follows:

 

“                                          “Co-Canadian Documentation Agents”
means Bank of Montreal and Citibank, N.A., Canadian Branch, each in its capacity
as co-Canadian documentation agent for the Canadian Lenders, and any successor
thereto.”

 

“                                          “Co-Global Syndication Agents” means
Bank of America, N.A. and Toronto Dominion (Texas) LLC, each in its capacity as
co-global syndication agent for the Lenders hereunder, and any successor
thereto.”

 

“                                          “Co-U.S. Documentation Agents” means
BNP Paribas, Credit Suisse, Cayman Islands Branch, Deutsche Bank Securities
Inc., Wells Fargo Bank, N.A. and The Bank of Nova Scotia, each in its capacity
as co-U.S. documentation agent for the Lenders hereunder, and any successor
thereto.”

 

B.                                     The first paragraph of Article IX of the
Canadian Credit Agreement hereby is amended and restated in its entirety to read
as follows:

 

“Each of the Lenders, the Issuing Banks and the other Agents hereby irrevocably
appoints JPMorgan Chase Bank, N.A., as the Global Administrative Agent, JPMorgan
Chase Bank, N.A., Toronto Branch, as the Canadian Administrative Agent, Bank of
America, N.A. and Toronto Dominion (Texas) LLC, as the Co-Global Syndication
Agents, and Bank of Montreal and Citibank, N.A., Canadian Branch, as the
Co-Canadian Documentation Agents, and authorizes each such Agent to take such
actions on its behalf and to exercise such powers as are delegated to such Agent
by the terms of the Loan Documents, together with such actions and powers as are
reasonably incidental thereto; provided, however, that none of the Co-Global
Syndication Agents or Co-Canadian Documentation Agents shall have or be deemed
to have any liability hereunder or any duties or obligations under the Loan
Documents.”

 

C.                                     The Canadian Credit Agreement hereby is
amended by replacing Schedule 2.1 to the Canadian Credit Agreement with Schedule
2.1 - Canada to this Amendment.

 

4

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

 

III.                                 Reallocation of Global Borrowing Base.  By
execution of this Amendment, each of the Global Administrative Agent, the
Combined Lenders, the U.S. Borrower and the Canadian Borrowers agree that, as of
the Closing Date (as hereinafter defined) but subject to Section 2.7 of the U.S.
Credit Agreement in all respects, the Global Borrowing Base will be set at
U.S.$1,800,000,000 until the then scheduled redetermination as of November 1,
2008.  As of the Closing Date, the Allocated U.S. Borrowing Base shall be set at
U.S.$1,650,000,000 and the Allocated Canadian Borrowing Base shall be set at
U.S.$150,000,000.

 

IV.                                Rearrangement and Increase of Existing
Loans.  Upon the effectiveness of this Amendment:

 

A.                                   All of the Combined Commitments and
outstanding Combined Obligations under the Combined Credit Agreements as of the
date of such effectiveness shall hereby be restructured, rearranged, renewed,
extended and continued under the applicable Combined Credit Agreement (as
amended hereby) and all Combined Loans and Letters of Credit outstanding under
the applicable Combined Credit Agreement as of the date of such effectiveness
shall hereby become Combined Loans and Letters of Credit outstanding under the
applicable Combined Credit Agreement (as amended hereby); provided that, with
respect to individual Combined Lenders who are not changing their Commitment
under the U.S. Credit Agreement as a result of this Amendment (the “Unchanged
U.S. Lenders”), the outstanding Loans of the Unchanged U.S. Lenders shall not be
restructured or rearranged in any manner and therefore such Unchanged U.S.
Lenders will not receive any payments pursuant to Section 2.16 of the U.S.
Credit Agreement with respect to the reallocation of Combined Commitments
implemented through this Amendment.

 

B.                                     In connection herewith, the Combined
Lenders party to the Combined Credit Agreements prior to the effectiveness of
this Amendment (the “Existing Lenders”) hereby sell, assign, transfer and
convey, and the Combined Lenders hereby purchase and accept, so much of the
aggregate Combined Commitments under, Combined Loans outstanding under, and
participations in Letters of Credit issued pursuant to, the Combined Credit
Agreements such that the Combined Commitment of each Combined Lender shall be as
set forth on Schedule 2.1 to each of the Combined Credit Agreements (as amended
hereby); provided that, with respect to the Unchanged U.S. Lenders, the
outstanding Loans of the Unchanged U.S. Lenders shall not be restructured or
rearranged in any manner and therefore such Unchanged U.S. Lenders will not
receive any payments pursuant to Section 2.16 of the U.S. Credit Agreement with
respect to the reallocation of Combined Commitments implemented through this
Amendment.  The foregoing assignments, transfers and conveyances are without
recourse to the Existing Lenders and without any warranties whatsoever by any
Agent, any Issuing Bank or any Existing Lender as to title, enforceability,
collectibility, documentation or freedom from liens or encumbrances, in whole or
in part, other than the warranty of each Existing Lender that it has not
previously sold, transferred, conveyed or encumbered such interests.

 

C.                                     In connection with the potential need to
prepay various Loans of Combined Lenders who are not Unchanged U.S. Lenders (the
“Transferring Lenders”) in order to implement the provisions of this Section IV
in connection with the effectiveness of this Amendment, each of the Combined
Lenders hereby agrees to waive the “pro rata” allocation of payments
requirements set forth in Section 2.18 of both Combined Credit Agreements.

 

5

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

 

V.                                    Effectiveness.  This Amendment shall
become effective as of May 9, 2008 (the “Closing Date”) when the Global
Administrative Agent shall have received:

 

A.                                   Counterparts hereof duly executed by the
U.S. Borrower, the Global Administrative Agent, the Canadian Administrative
Agent, and the Borrowing Base Required 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);

 

B.                                     Any Loan Document requested by a Lender
pursuant to Section 2.9(e) of the U.S. Credit Agreement;

 

C.                                     A certificate dated as of the date of
this Amendment of an Authorized Officer of the U.S. Borrower and the Canadian
Borrower certifying that attached to such certificate is a true and complete
copy of resolutions duly adopted by the board of directors or management
committee of such party, as applicable, authorizing the execution, delivery and
performance of this Amendment and the effectuation of the transactions
contemplated by the Amendment; and

 

D.                                    Payment of any fees or compensation then
due and owing to any Combined Lender pursuant to the terms of the Combined
Credit Agreement, including, without limitation, any break funding compensation
due in connection with Section 2.16 of either Combined Credit Agreement.

 

VI.                                Reaffirmation of Representations and
Warranties.  To induce the Borrowing Base Required Lenders, the Global
Administrative Agent and the Canadian Administrative Agent to enter into this
Amendment, the U.S. Borrower hereby reaffirms, as of the date hereof, the
following:

 

A.                                   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).

 

B.                                     Each of the U.S. Borrower and its
Restricted Subsidiaries is duly organized, validly existing and in good standing
under the laws of the jurisdiction of its organization, has all requisite power
and authority to carry on its business as now conducted and, except where the
failure to do so, individually or in the aggregate, could not reasonably be
expected to result in a Material Adverse Effect, is qualified to do business in,
and is in good standing in, every jurisdiction where such qualification is
required.

 

C.                                     The execution, delivery and performance
by U.S. Borrower and the Canadian Borrowers of this Amendment are within U.S.
Borrower’s and the Canadian Borrowers’ corporate powers, and have been duly
authorized by all necessary corporate action.  This Amendment has been duly
executed and delivered by U.S. Borrower and the Canadian Borrowers and, when
duly executed and delivered by the other parties hereto, will constitute, a
legal, valid and binding obligation of U.S. Borrower and the Canadian Borrowers,
enforceable in

 

6

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

 

accordance with its terms, subject to applicable bankruptcy, insolvency,
reorganization, moratorium or other laws affecting creditors’ rights generally
and subject to general principles of equity, regardless of whether considered in
a proceeding in equity or at law.

 

D.                                    The execution, delivery and performance by
the U.S. Borrower and the Canadian Borrowers of this Amendment (i) do not
require any Governmental Approval or third party approvals, except such as have
been obtained or made and are in full force and effect, (ii) will not violate
any applicable Governmental Rule or the Organic Documents of U.S. Borrower and
the Canadian Borrowers or any order of any Governmental Authority, (iii) will
not violate or result in a default under any indenture, agreement or other
instrument binding upon U.S. Borrower or the Canadian Borrowers or either of
their assets, or give rise to a right thereunder to require any payment to be
made by U.S. Borrower or the Canadian Borrowers, and (iv) will not result in the
creation or imposition of any Lien on any asset of U.S. Borrower or the Canadian
Borrowers.

 

E.                                      No Default under the Combined Loan
Documents has occurred and is continuing and the U.S. Borrower is in compliance
with the financial covenants set forth in Article VI of the U.S. Credit
Agreement.

 

F.                                      No event or events have occurred which
individually or in the aggregate could reasonably be expected to have a Material
Adverse Effect.

 

VII.                          Defined Terms.  Except as amended hereby, terms
used herein when defined in the U.S. Credit Agreement shall have the same
meanings herein unless the context otherwise requires.

 

VIII.                      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.

 

IX.                                Governing Law.  THIS AMENDMENT SHALL BE
CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK.

 

X.                                    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.

 

XI.                                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 shall be effective as delivery of a
manually executed counterpart of this Amendment.

 

7

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

 

XII.                            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.

 

XIII.                        Successors and Assigns.  This Amendment shall be
binding upon and inure to the benefit of the parties hereto and their respective
successors and assigns.

 

XIV.                       No Oral Agreements.  THIS AMENDMENT, THE COMBINED
CREDIT AGREEMENTS, AS AMENDED HEREBY, AND THE OTHER COMBINED LOAN DOCUMENTS
REPRESENT THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY
EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE
PARTIES.

 

THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

 

[SIGNATURES BEGIN ON FOLLOWING PAGE]

 

8

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

 

IN WITNESS WHEREOF, the U.S. Borrower, the Canadian Borrower, the Combined
undersigned Lenders, the Global Administrative Agent, and the other “agents”
under the Combined Credit Agreements have executed this Amendment as of the date
first above written.

 

 

U.S. BORROWER

 

 

 

FOREST OIL CORPORATION

 

 

 

 

 

By:

 

/s/ Michael Kennedy

 

Name:

Michael Kennedy

 

Title:

Vice President, Finance and Treasurer

 

 

 

 

 

 

 

CANADIAN BORROWER

 

 

 

 

CANADIAN FOREST OIL LTD.

 

 

 

 

 

 

 

By:

 

/s/ Cyrus D. Marter IV

 

Name:

Cyrus D. Marter IV

 

Title:

Vice President and Secretary

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

1

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

 

AGENTS AND COMBINED

LENDERS

 

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

 

 

 

By:

      /s/ J. Scott Fowler

 

Name:

J. Scott Fowler

 

Title:

Senior Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

2

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

 

BANK OF AMERICA, N.A., as a Co-
Global Syndication Agent and as a U.S.
Lender

 

 

 

By:

 

/s/ Ronald E. McKaig

 

Name:

Ronald E. McKaig

 

Title:

Senior Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

3

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

 

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

 

 

 

By:

 

/s/ Todd J. Mogil

 

Name:

Todd J. Mogil

 

Title:

Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

4

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

 

BNP PARIBAS, as a Co-U.S.

Documentation Agent and as a U.S.

Lender

 

 

 

By:

 

/s/ David Dodd

 

Name:

David Dodd

 

Title:

Managing Director

 

 

 

By:

 

/s/ Robert Long

 

Name:

Robert Long

 

Title:

Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

5

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

 

BMO CAPITAL MARKETS
FINANCING, INC., as a U.S. Lender

 

 

 

By:

 

/s/ James V. Ducote

 

Name:

James V. Ducote

 

Title:

Director

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

6

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

 

CREDIT SUISSE, CAYMANS

ISLANDS BRANCH, as a Co-U.S.
Documentation Agent and as a U.S.
Lender

 

 

 

By:

 

/s/ Doreen Barr

 

Name:

Doreen Barr

 

Title:

Vice President

 

 

 

By:

 

/s/ Morenikeji Ajayi

 

Name:

Morenikeji Ajayi

 

Title:

Associate

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

7

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

 

DEUTSCHE BANK SECURITIES

INC., as a Co-U.S. Documentation Agent

 

 

 

By:

 

/s/ David E. Sisler

 

Name:

David E. Sisler

 

Title:

Director

 

 

 

By:

 

/s/ Robert M. Wood, Jr.

 

Name:

Robert M. Wood, Jr.

 

Title:

Director

 

 

DEUTSCHE BANK AG NEW YORK
BRANCH, as a U.S. Lender

 

 

 

By:

 

/s/ David J. Bell

 

Name:

David J. Bell

 

Title:

Managing Director

 

 

 

 

 

 

 

By:

 

/s/ Dusan Lazarov

 

Name:

Dusan Lazarov

 

Title:

Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

8

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

 

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

 

 

 

By:

 

/s/ Daria Mahoney

 

Name:

Daria Mahoney

 

Title:

Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

9

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

 

THE BANK OF NOVA SCOTIA, as a
Co-U.S. Documentation Agent and as a
U.S. Lender

 

 

 

By:

 

/s/ David Mills

 

Name:

David Mills

 

Title:

Director

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

10

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

 

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

 

 

 

By:

 

/s/ David Montgomery

 

Name:

David Montgomery

 

Title:

Director

 

 

 

 

 

 

 

By:

 

/s/ Darrell Holley

 

Name:

Darrell Holley

 

Title:

Managing Director

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

11

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

 

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

 

 

 

By:

 

/s/ Karen Weich

 

Name:

Karen Weich

 

Title:

Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

12

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

 

ABN AMRO BANK N.V., as a U.S.
Lender

 

 

 

By:

 

/s/ Scott Donaldson

 

Name:

Scott Donaldson

 

Title:

Director

 

 

 

 

 

 

 

By:

 

/s/ Todd Vaubel

 

Name:

Todd Vaubel

 

Title:

Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

13

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

 

UBS LOAN FINANCE LLC, as a U.S.
Lender

 

 

 

By:

 

/s/ David B. Julie

 

Name:

David B. Julie

 

Title:

Associate Director

 

 

 

 

 

 

 

By:

 

/s/ Irja R. Otsa

 

Name:

Irja R. Otsa

 

Title:

Associate Director

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

14

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

 

COMPASS BANK, as a U.S. Lender

 

 

 

By:

 

/s/ Murray E. Brasseux

 

Name:

Murray E. Brasseux

 

Title:

Executive Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

15

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

 

WELLS FARGO BANK, N.A., as a Co-
U.S. Documentation Agent and as a U.S.
Lender

 

 

 

By:

 

/s/ Tim Green

 

Name:

Tim Green

 

Title:

Assistant Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

16

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

 

MIZUHO CORPORATE BANK, LTD,
as a U.S. Lender

 

 

 

By:

 

/s/ Leon Mo

 

Name:

Leon Mo

 

Title:

Senior Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

17

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

 

TORONTO DOMINION (TEXAS)

LLC, as a Co-Global Syndication Agent
and as a U.S. Lender

 

 

 

By:

 

/s/ Jackie Barrett

 

Name:

Jackie Barrett

 

Title:

Authorized Signatory

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

18

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

 

BARCLAYS BANK PLC, as a U.S.
Lender

 

 

 

By:

 

/s/ Joseph Gyurindak

 

Name:

Joseph Gyurindak

 

Title:

Director

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

19

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

 

BANK OF OKLAHOMA, N.A., as a

U.S. Lender

 

 

 

By:

 

/s/ Michael M. Logan

 

Name:

Michael M. Logan

 

Title:

Senior Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

20

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

 

EXPORT DEVELOPMENT CANADA,
as a U.S. Lender

 

 

 

By:

 

/s/ Carl Burlock

 

Name:

Carl Burlock

 

Title:

Director, Financing

 

 

 

 

 

 

 

By:

 

/s/ Quvnh Nguyen

 

Name:

Quvnh Nguyen

 

Title:

Senior Associate

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

21

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

 

 

GUARANTY BANK AND TRUST
COMPANY, as a U.S. Lender

 

 

 

 

 

 

 

 

 

By:

 

/s/ Gail J. Nofsinger

 

Name:

Gail J. Nofsinger

 

Title:

Senior Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

22

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

 

 

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

 

 

 

 

 

 

 

 

 

By:

 

/s/ Alison Fuqua

 

Name:

Alison Fuqua

 

Title:

Assistant Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

23

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

 

 

JPMORGAN CHASE BANK, N.A.,
TORONTO BRANCH, as Canadian
Administrative Agent and as a Canadian
Lender

 

 

 

 

 

 

 

 

 

By:

 

/s/ Michael N. Tam

 

Name:

Michael N. Tam

 

Title:

Senior Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

24

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

 

 

BANK OF MONTREAL, as a Co-
Canadian Documentation Agent and as a
Canadian Lender

 

 

 

 

 

 

 

 

 

By:

 

/s/ James V. Ducote

 

Name:

James V. Ducote

 

Title:

Director

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

25

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

 

 

THE TORONTO-DOMINION BANK,
as a Canadian Lender

 

 

 

 

 

 

 

 

 

By:

 

/s/ Jackie Barrett

 

Name:

Jackie Barrett

 

Title:

Authorized Signatory

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

26

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

 

 

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

 

 

 

 

 

 

 

 

 

By:

 

/s/ Medina Sales de Andrade

 

Name:

Medina Sales de Andrade

 

Title:

Vice President

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

27

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

 

 

CITIBANK, N.A., CANADIAN
BRANCH, as a Co-Canadian
Documentation Agent and as a Canadian
Lender

 

 

 

 

 

 

 

 

 

By:

 

/s/ Niyousha Zarinpour

 

Name:

Niyousha Zarinpour

 

Title:

Authorized Signer

 

[Signature Page to Forest Oil
Corporation First Amendment]

 

28

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