Document ID: 15148

Text:
A.Any person or group of related persons (as such terms are used in sections 13(d) and 14(d) of the Securities Exchange Act of 1934 , as amended (the Exchange Act )) or any group working cooperatively to advance or achieve common economic goals, including, without limitation, a group that forms a group or committee for purposes of negotiating a restructuring transaction, other than Ares, Clayton Williams, Jr., The Williams Childrens Partnership, Ltd. or any Related Party thereof, is or becomes the beneficial owner (as defined in Rules 13d-3 and 13d-5 under the Exchange Act , except that such person or group shall be deemed to have beneficial ownership of all shares that such person or group has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than (i) 35% of the total voting power of the outstanding capital stock (excluding any debt securities convertible into equity) normally entitled to vote in the election of directors (Voting Stock) of the Company (or its successor by merger, consolidation or purchase of all or substantially all of its assets) (for purposes of this clause, such person or group shall be deemed to beneficially own any Voting Stock held by a parent entity, if such person or group beneficially owns (as defined above), directly or indirectly, more than 35% of the voting power of the Voting Stock of such parent entity), (ii) 35% of the aggregate economic interests in the Company (or its successor by merger, consolidation or purchase of all or substantially all of its assets) or (iii) 35% of the total common stock of the Company (or its successor by merger, consolidation or purchase of all or substantially all of its assets);

Named Entities:
28
32
Act
80
84
Parties
86
92
Parties
110
110
Regulation
112
112
Regulation
170
171
Percentage

Tokenized Text:
A
.
Any
person
or
group
of
related
persons
(
as
such
terms
are
used
in
sections
13
(
d
)
and
14
(
d
)
of
the
Securities
Exchange
Act
of
1934
,
as
amended
(
the
Exchange
Act
)
)
or
any
group
working
cooperatively
to
advance
or
achieve
common
economic
goals
,
including
,
without
limitation
,
a
group
that
forms
a
group
or
committee
for
purposes
of
negotiating
a
restructuring
transaction
,
other
than
Ares
,
Clayton
Williams
,
Jr
.
,
The
Williams
Childrens
Partnership
,
Ltd
.
or
any
Related
Party
thereof
,
is
or
becomes
the
beneficial
owner
(
as
defined
in
Rules
13d-3
and
13d-5
under
the
Exchange
Act
,
except
that
such
person
or
group
shall
be
deemed
to
have
beneficial
ownership
of
all
shares
that
such
person
or
group
has
the
right
to
acquire
,
whether
such
right
is
exercisable
immediately
or
only
after
the
passage
of
time
)
,
directly
or
indirectly
,
of
more
than
(
i
)
35
%
of
the
total
voting
power
of
the
outstanding
capital
stock
(
excluding
any
debt
securities
convertible
into
equity
)
normally
entitled
to
vote
in
the
election
of
directors
(
Voting
Stock
)
of
the
Company
(
or
its
successor
by
merger
,
consolidation
or
purchase
of
all
or
substantially
all
of
its
assets
)
(
for
purposes
of
this
clause
,
such
person
or
group
shall
be
deemed
to
beneficially
own
any
Voting
Stock
held
by
a
parent
entity
,
if
such
person
or
group
beneficially
owns
(
as
defined
above
)
,
directly
or
indirectly
,
more
than
35
%
of
the
voting
power
of
the
Voting
Stock
of
such
parent
entity
)
,
(
ii
)
35
%
of
the
aggregate
economic
interests
in
the
Company
(
or
its
successor
by
merger
,
consolidation
or
purchase
of
all
or
substantially
all
of
its
assets
)
or
(
iii
)
35
%
of
the
total
common
stock
of
the
Company
(
or
its
successor
by
merger
,
consolidation
or
purchase
of
all
or
substantially
all
of
its
assets
)
;