EX-10.2



 Exhibit 10.2 
 EXECUTION VERSION 
 Deal CUSIP Number: 04930BAE2 

Term Loan CUSIP Number: 04930BAF9 
 CREDIT AGREEMENT 
 dated as of 

July 31, 2013 

among 
 ATLAS
ENERGY, L.P., 
 as Borrower, 
 THE LENDERS PARTY HERETO, 
 and 

DEUTSCHE BANK AG NEW YORK BRANCH, 
 as Administrative Agent 
 DEUTSCHE BANK SECURITIES INC., 

as Joint Lead Arranger 
 WELLS FARGO SECURITIES LLC, 
 as Joint Lead Arranger 

WELLS FARGO SECURITIES LLC, 
 as Syndication Agent 







 TABLE OF CONTENTS 

 

							
	 	  	 	  	Page	 
	
	ARTICLE I	  
	
	DEFINITIONS AND ACCOUNTING MATTERS	  
			
	 Section 1.01
	  	 Terms Defined Above
	  	 	1	  
	 Section 1.02
	  	 Certain Defined Terms
	  	 	1	  
	 Section 1.03
	  	 Types of Loans and Borrowings
	  	 	24	  
	 Section 1.04
	  	 Terms Generally; Rules of Construction
	  	 	24	  
	 Section 1.05
	  	 Accounting Terms and Determinations
	  	 	24	  
	
	ARTICLE II	  
	
	THE CREDITS	  
			
	 Section 2.01
	  	 Commitments
	  	 	25	  
	 Section 2.02
	  	 Loans and Borrowings
	  	 	25	  
	 Section 2.03
	  	 Requests for Borrowings
	  	 	26	  
	 Section 2.04
	  	 Interest Elections
	  	 	26	  
	 Section 2.05
	  	 Funding of Borrowings
	  	 	27	  
	 Section 2.06
	  	 Increase in Commitments
	  	 	28	  
	
	ARTICLE III	  
	
	PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES	  
			
	 Section 3.01
	  	 Repayment of Loans
	  	 	30	  
	 Section 3.02
	  	 Interest
	  	 	30	  
	 Section 3.03
	  	 Alternate Rate of Interest
	  	 	31	  
	 Section 3.04
	  	 Prepayments
	  	 	31	  
	 Section 3.05
	  	 Fees
	  	 	34	  
	
	ARTICLE IV	  
	
	PAYMENTS; PRO RATA TREATMENT; SHARING OF SET-OFFS	  
			
	 Section 4.01
	  	 Payments Generally; Pro Rata Treatment; Sharing of Set-offs
	  	 	34	  
	 Section 4.02
	  	 Presumption of Payment by the Borrower
	  	 	35	  
	 Section 4.03
	  	 Certain Deductions by the Administrative Agent
	  	 	36	  
	 Section 4.04
	  	 Disposition of Proceeds
	  	 	36	  
	
	ARTICLE V	  
	
	INCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES	  
			
	 Section 5.01
	  	 Increased Costs
	  	 	36	  
	 Section 5.02
	  	 Break Funding Payments
	  	 	37	  
	 Section 5.03
	  	 Taxes    
	  	 	37	  


  
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	 	  	 	  	Page	 
			
	 Section 5.04
	  	 Designation of Different Lending Office
	  	 	40	  
	 Section 5.05
	  	 Replacement of Lenders
	  	 	40	  
	 Section 5.06
	  	 Illegality
	  	 	40	  
	
	ARTICLE VI	  
	
	CONDITIONS PRECEDENT	  
			
	 Section 6.01
	  	 Effective Date
	  	 	41	  
	 Section 6.02
	  	 Additional Conditions
	  	 	43	  
	
	ARTICLE VII	  
	
	REPRESENTATIONS AND WARRANTIES	  
			
	 Section 7.01
	  	 Organization; Powers
	  	 	44	  
	 Section 7.02
	  	 Authority; Enforceability
	  	 	44	  
	 Section 7.03
	  	 Approvals; No Conflicts
	  	 	44	  
	 Section 7.04
	  	 Financial Condition; No Material Adverse Change
	  	 	45	  
	 Section 7.05
	  	 Litigation
	  	 	45	  
	 Section 7.06
	  	 Environmental Matters
	  	 	45	  
	 Section 7.07
	  	 Compliance with the Laws and Agreements; No Defaults
	  	 	46	  
	 Section 7.08
	  	 Investment Company Act
	  	 	47	  
	 Section 7.09
	  	 No Margin Stock Activities
	  	 	47	  
	 Section 7.10
	  	 Taxes
	  	 	47	  
	 Section 7.11
	  	 ERISA
	  	 	47	  
	 Section 7.12
	  	 Disclosure; No Material Misstatements
	  	 	48	  
	 Section 7.13
	  	 Insurance
	  	 	48	  
	 Section 7.14
	  	 Restriction on Liens
	  	 	49	  
	 Section 7.15
	  	 Subsidiaries
	  	 	49	  
	 Section 7.16
	  	 Location of Business and Offices
	  	 	49	  
	 Section 7.17
	  	 Properties; Titles, etc.
	  	 	49	  
	 Section 7.18
	  	 Maintenance of Properties
	  	 	50	  
	 Section 7.19
	  	 Gas Imbalances
	  	 	51	  
	 Section 7.20
	  	 Marketing of Production
	  	 	51	  
	 Section 7.21
	  	 Swap Agreements
	  	 	51	  
	 Section 7.22
	  	 Solvency
	  	 	51	  
	 Section 7.23
	  	 Foreign Corrupt Practices
	  	 	51	  
	 Section 7.24
	  	 OFAC
	  	 	52	  
	
	ARTICLE VIII	  
	
	AFFIRMATIVE COVENANTS	  
			
	 Section 8.01
	  	 Financial Statements; Other Information
	  	 	52	  
	 Section 8.02
	  	 Notices of Material Events
	  	 	55	  
	 Section 8.03
	  	 Existence; Conduct of Business
	  	 	55	  
	 Section 8.04
	  	 Payment of Obligations
	  	 	55	  
	 Section 8.05
	  	 Operation and Maintenance of Properties
	  	 	55	  
	 Section 8.06
	  	 Insurance
	  	 	56	  
	 Section 8.07
	  	 Books and Records; Inspection Rights    
	  	 	56	  


  
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	 	  	 	  	Page	 
			
	 Section 8.08
	  	 Compliance with Laws
	  	 	57	  
	 Section 8.09
	  	 Environmental Matters
	  	 	57	  
	 Section 8.10
	  	 Further Assurances
	  	 	57	  
	 Section 8.11
	  	 Reserve Reports
	  	 	58	  
	 Section 8.12
	  	 Post-Closing Collateral Actions
	  	 	59	  
	 Section 8.13
	  	 Title Information
	  	 	59	  
	 Section 8.14
	  	 Additional Collateral; Additional Guarantors
	  	 	59	  
	 Section 8.15
	  	 ERISA Compliance
	  	 	61	  
	 Section 8.16
	  	 Unrestricted Subsidiaries
	  	 	61	  
	 Section 8.17
	  	 Use of Proceeds
	  	 	62	  
	 Section 8.18
	  	 Maintenance of Ratings
	  	 	62	  
	 Section 8.19
	  	 Swap Agreements for Acquired Assets
	  	 	62	  
	
	ARTICLE IX	  
	
	NEGATIVE COVENANTS	  
			
	 Section 9.01
	  	 Financial Covenants
	  	 	63	  
	 Section 9.02
	  	 Debt
	  	 	63	  
	 Section 9.03
	  	 Liens
	  	 	64	  
	 Section 9.04
	  	 Restricted Payments
	  	 	65	  
	 Section 9.05
	  	 Investments, Loans and Advances
	  	 	66	  
	 Section 9.06
	  	 Nature of Business; International Operations; Foreign Subsidiaries
	  	 	67	  
	 Section 9.07
	  	 Proceeds of Loans
	  	 	67	  
	 Section 9.08
	  	 ERISA Compliance
	  	 	67	  
	 Section 9.09
	  	 Sale or Discount of Receivables
	  	 	69	  
	 Section 9.10
	  	 Mergers, etc.
	  	 	69	  
	 Section 9.11
	  	 Sale of Properties
	  	 	69	  
	 Section 9.12
	  	 Environmental Matters
	  	 	70	  
	 Section 9.13
	  	 Transactions with Affiliates
	  	 	70	  
	 Section 9.14
	  	 Subsidiaries
	  	 	70	  
	 Section 9.15
	  	 Negative Pledge Agreements; Dividend Restrictions
	  	 	70	  
	 Section 9.16
	  	 Gas Imbalances
	  	 	71	  
	 Section 9.17
	  	 Swap Agreements
	  	 	71	  
	 Section 9.18
	  	 Tax Status as Partnership; Partnership Agreement
	  	 	72	  
	 Section 9.19
	  	 Designation and Conversion of Unrestricted Subsidiaries
	  	 	72	  
	 Section 9.20
	  	 Change in Name, Location or Fiscal Year
	  	 	72	  
	 Section 9.21
	  	 APL General Partner
	  	 	73	  
	
	ARTICLE X	  
	
	EVENTS OF DEFAULT; REMEDIES	  
			
	 Section 10.01
	  	 Events of Default
	  	 	73	  
	 Section 10.02
	  	 Remedies    
	  	 	75	  
	
	ARTICLE XI	  
	
	THE ADMINISTRATIVE AGENT	  
			
	 Section 11.01
	  	 Appointment and Authorization of Administrative Agent; Secured Swap Agreements
	  	 	75	  


  
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	 	  	 	  	Page	 
			
	 Section 11.02
	  	 Delegation of Duties
	  	 	76	  
	 Section 11.03
	  	 Default; Collateral
	  	 	76	  
	 Section 11.04
	  	 Liability of Administrative Agent
	  	 	78	  
	 Section 11.05
	  	 Reliance by Administrative Agent
	  	 	78	  
	 Section 11.06
	  	 Notice of Default
	  	 	79	  
	 Section 11.07
	  	 Credit Decision; Disclosure of Information by Administrative Agent
	  	 	79	  
	 Section 11.08
	  	 Indemnification of Agents
	  	 	79	  
	 Section 11.09
	  	 Administrative Agent in its Individual Capacity
	  	 	80	  
	 Section 11.10
	  	 Successor Administrative Agent
	  	 	80	  
	 Section 11.11
	  	 Syndication Agent; Other Agents; Arrangers
	  	 	81	  
	 Section 11.12
	  	 Administrative Agent May File Proof of Claim
	  	 	81	  
	 Section 11.13
	  	 Secured Swap Agreements
	  	 	81	  
	 Section 11.14
	  	 Bank Product Obligations
	  	 	82	  
	
	ARTICLE XII	  
	
	MISCELLANEOUS	  
			
	 Section 12.01
	  	 Notices
	  	 	82	  
	 Section 12.02
	  	 Waivers; Amendments
	  	 	83	  
	 Section 12.03
	  	 Expenses, Indemnity; Damage Waiver
	  	 	84	  
	 Section 12.04
	  	 Successors and Assigns
	  	 	86	  
	 Section 12.05
	  	 Survival; Revival; Reinstatement
	  	 	90	  
	 Section 12.06
	  	 Counterparts; Integration; Effectiveness
	  	 	90	  
	 Section 12.07
	  	 Severability
	  	 	91	  
	 Section 12.08
	  	 Right of Setoff
	  	 	91	  
	 Section 12.09
	  	 GOVERNING LAW; JURISDICTION; CONSENT TO SERVICE OF PROCESS
	  	 	91	  
	 Section 12.10
	  	 Headings
	  	 	92	  
	 Section 12.11
	  	 Confidentiality
	  	 	92	  
	 Section 12.12
	  	 Interest Rate Limitation
	  	 	93	  
	 Section 12.13
	  	 No Third Party Beneficiaries
	  	 	93	  
	 Section 12.14
	  	 Collateral Matters; Swap Agreements
	  	 	93	  
	 Section 12.15
	  	 Acknowledgements
	  	 	93	  
	 Section 12.16
	  	 USA Patriot Act Notice
	  	 	94	  
	 Section 12.17
	  	 Intercreditor Agreement
	  	 	94	  
		
	Annexes, Exhibits and Schedules	  			
			
	 Annex I
	  	 List of Maximum Credit Amounts
	  			
			
	 Exhibit A
	  	 Form of Note
	  			
	 Exhibit B
	  	 Form of Borrowing Request
	  			
	 Exhibit C
	  	 Form of Interest Election Request
	  			
	 Exhibit D
	  	 Form of Compliance Certificate
	  			
	 Exhibit E
	  	 Security Instruments
	  			
	 Exhibit F
	  	 Form of Assignment and Assumption
	  			
	 Exhibit G
	  	 Form of Reserve Report Certificate
	  			
	 Exhibit H
	  	 Form of Joinder Agreement
	  			
	 Exhibit I
	  	 Form of Perfection Certificate
	  			
	 Exhibit J-1
	  	 Form of U.S. Tax Compliance Certificate (Foreign Lenders; not partnerships)
	  			


  
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	 	  	 	  	Page
		
	 Exhibit J-2
	  	 Form of U.S. Tax Compliance Certificate (Foreign Participants; not partnerships)

	 Exhibit J-3
	  	 Form of U.S. Tax Compliance Certificate (Foreign Participants; partnerships)

	 Exhibit J-4
	  	 Form of U.S. Tax Compliance Certificate (Foreign Lenders; partnerships)

	 Exhibit K
	  	 Form of Intercreditor Agreement

			
	 Schedule 7.05
	  	 Litigation
	  	
	 Schedule 7.06
	  	 Environmental
	  	
	 Schedule 7.11
	  	 ERISA
	  	
	 Schedule 7.15
	  	 Subsidiaries; Unrestricted Subsidiaries.
	  	
	 Schedule 7.19
	  	 Gas Imbalances
	  	
	 Schedule 7.20
	  	 Marketing Contracts
	  	
	 Schedule 9.02
	  	 Existing Debt
	  	
	 Schedule 9.03
	  	 Existing Liens
	  	
	 Schedule 9.05
	  	 Investments
	  	


  
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 THIS CREDIT AGREEMENT, dated as of July 31, 2013, is among ATLAS ENERGY, L.P. (the
“Borrower”), a Delaware limited partnership; each of the Lenders from time to time party hereto; and DEUTSCHE BANK AG NEW YORK BRANCH, as administrative agent for the Lenders, and as collateral agent for the Secured Creditors (in
such capacities, together with its successors in such capacities, the “Administrative Agent”). 
 R E C I T A L
S 
 A. The Borrower and its affiliate, Atlas Resource Partners, L.P. (“ARP”), a Delaware limited partnership,
have agreed to acquire an interest in certain oil and gas exploration and production assets from EP Energy E&P Company, L.P. and EPE Nominee Corp. (collectively, the “Seller”), through (a) the direct acquisition by ARP or
one of its subsidiaries of the Acquired Assets (as defined below, other than the Arkoma Assets (as defined below)) and (b) the acquisition by the Borrower of the Arkoma Assets, pursuant to that certain Purchase and Sale Agreement dated as of
June 9, 2013 among ARP, the Borrower and the Seller (such acquisition, the “Acquisition”). 
 B. The
Borrower intends to finance a portion of the Acquisition with the proceeds of the Loans under this Agreement. 
 NOW THEREFORE,
in consideration of the mutual covenants and agreements herein contained, and other good and valuable consideration, the receipt and adequacy of which are hereby acknowledged, and subject to the satisfaction of each condition precedent contained in
Section 6.01 hereof, the parties hereto agree as follows: 
 ARTICLE I 

DEFINITIONS AND ACCOUNTING MATTERS 
 Section 1.01 Terms Defined Above. As used in this Agreement, each term defined above has the meaning indicated above. 

Section 1.02 Certain Defined Terms. As used in this Agreement, the following terms have the meanings specified below:

 “ABR”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising
such Borrowing, bears interest at a rate determined by reference to the Alternate Base Rate. 
 “Acquired
Assets” means certain Oil and Gas Properties of the Sellers evaluated in that certain reserve report provided by the Borrower to the Arrangers on February 22, 2013. 

“Acquisition” has the meaning provided in the Recitals. 

“Adjusted LIBO Rate” means, with respect to any Eurodollar Borrowing for any Interest Period, an interest rate per annum
(rounded upwards, if necessary, to the next 1/100 of 1%) equal to (a) the LIBO Rate for such Interest Period multiplied by (b) the Statutory Reserve Rate; provided that notwithstanding the foregoing, for purposes of this Agreement the
Adjusted LIBO Rate shall not be less than 1.00%. 
 “Administrative Questionnaire” means an Administrative
Questionnaire in a form supplied by the Administrative Agent. 







 “Affected Loans” has the meaning set forth in Section 5.06.

 “Affiliate” means, with respect to a specified Person, another Person that directly, or indirectly through
one or more intermediaries, Controls or is Controlled by or is under common Control with the Person specified. 

“Affiliate Lender” has the meaning given such term in Section 12.04(b)(ii)(D)(1). 

“Aggregate Maximum Credit Amounts” at any time shall equal the sum of the Maximum Credit Amounts, as the same may be
increased pursuant to Section 2.06 or reduced or terminated pursuant to Section 3.04. 

“Agreement” means this Credit Agreement, as the same may from time to time be amended, modified, supplemented or
restated. 
 “Alternate Base Rate” means, for any day, a rate per annum equal to the greatest of (a) the
Prime Rate in effect on such day, (b) the Federal Funds Effective Rate in effect on such day plus 0.50%, and (c) the Adjusted LIBO Rate for a one-month Interest Period on that day (or if that day is not a Business Day, the immediately
preceding Business Day) plus 1.00%. Any change in the Alternate Base Rate due to a change in the Prime Rate, the Federal Funds Effective Rate, or the Adjusted LIBO Rate shall be effective from and including the effective date of such change in the
Prime Rate, the Federal Funds Effective Rate, or the Adjusted LIBO Rate, respectively. 
 “APL” means Atlas
Pipeline Partners, L.P., a Delaware limited partnership whose Equity Interests are publicly traded on the New York Stock Exchange. 
 “APL General Partner” means Atlas Pipeline Partners GP, LLC, a Delaware limited liability company, and the sole general partner of APL. 

“APL Recognized Value Component” means, at any time, an amount equal to the product of (a) the number of Qualifying
APL Units as of such day multiplied by (b) the APL Unit Price as of such day. 
 “APL Unit
Price” means, as of any date, the closing price for APL Units on the New York Stock Exchange at 4:00:00 p.m., New York time (or such other time as the New York Stock Exchange publicly announces is the official close of trading) as reported
by Bloomberg Financial Markets (or such similar reporting service reasonably selected by the Administrative Agent). If the APL Unit Price cannot be calculated on a particular date on the foregoing basis, the APL Unit Price on such date shall be the
fair market value as reasonably determined by the Administrative Agent; provided that if APL Units cease at any time to be listed and traded on the New York Stock Exchange or another nationally-recognized market acceptable to the
Administrative Agent, then the APL Unit Price shall be deemed to be zero dollars ($0). 
 “APL Units” means the
common units of APL. 
 “Applicable Margin” means, for any day, with respect to any ABR Borrowing is 4.50% and
with respect to any Eurodollar Borrowing is 5.50%. 
 “Applicable Percentage” means, with respect to any Lender
at any time, prior to the making of the Loans, the percentage (carried out to the ninth decimal place) of the aggregate Commitments represented by such Lender’s Maximum Credit Amount at such time and after the making of the Loans, the
percentage (carried out to the ninth decimal place) of the Loans held by such Lender to the total outstanding Loans. The initial Applicable Percentage of each Lender in respect of the Maximum Credit Amount is set forth opposite the name of such
Lender on Annex I or in the Assignment and Assumption pursuant to which such Lender becomes a party hereto, as applicable. 

  
 -2-









 “Approved Counterparty” means (a) any Lender or any Affiliate of a
Lender, or (b) any other Person whose long term senior unsecured debt rating at the time of entry into the applicable Swap Agreement is A-/A3 by S&P or Moody’s (or their equivalent) or higher. 

“Approved Petroleum Engineers” means (a) Ryder Scott Company Petroleum Consultants, L.P., (b) Netherland
Sewell & Associates, Inc., (c) Wright & Company, (d) Schlumberger Ltd., (e) Cawley Gillespie and Associates, Inc., (f) WD Von Gotten, (g) Degolyer and McNaughton, (h) HJ Gruy and Associates, Inc.,
(i) Lee Keeling and Associates, (j) Sproule, (k) La Roche, (l) W. Cobb and Associates and (m) any other independent petroleum engineers reasonably acceptable to the Administrative Agent. 

“Arkoma Assets” means that portion of the Acquired Assets previously identified to the Arrangers as the “Arkoma
Assets”. 
 “ARP” has the meaning provided in the Recitals. 

“ARP General Partner” means Atlas Resource Partners GP, LLC, a Delaware limited liability company, and the sole general
partner of ARP. 
 “ARP Senior Credit Agreement” means the Second Amended and Restated Credit Agreement dated
as of the Effective Date, among the Borrower, Wells Fargo Bank, National Association as Administrative Agent and the lenders party thereto, as amended, restated, supplemented, or otherwise modified. 

“ARP Recognized Value Component” means, at any time, an amount equal to the product of (a) the number of Qualifying
ARP Units as of such day multiplied by (b) the ARP Unit Price as of such day. 
 “ARP Unit Price” means,
as of any date, the closing price for ARP Units on the New York Stock Exchange at 4:00:00 p.m., New York time (or such other time as the New York Stock Exchange publicly announces is the official close of trading) as reported by Bloomberg Financial
Markets (or such similar reporting service reasonably selected by the Administrative Agent). If the ARP Unit Price cannot be calculated on a particular date on the foregoing basis, the ARP Unit Price on such date shall be the fair market value as
reasonably determined by the Administrative Agent; provided that if ARP Units cease at any time to be listed and traded on the New York Stock Exchange or another nationally-recognized market acceptable to the Administrative Agent, then the
ARP Unit Price shall be deemed to be zero dollars ($0). 
 “ARP Units” means the common units of ARP.

 “Arrangers” means Deutsche Bank Securities, Inc. and Wells Fargo Securities, LLC, in their capacities as
joint lead arrangers and joint bookrunners hereunder. 
 “ASC” means the Financial Accounting Standards Board
Accounting Standards Codification, as in effect from time to time. 
 “Assignee” has the meaning set forth in
Section 12.04(b). 
 “Assignment and Assumption” means an assignment and assumption entered into by
a Lender and an assignee (with the consent of any party whose consent is required by Section 12.04(b)), and accepted by the Administrative Agent, in the form of Exhibit F or any other form reasonably approved by the Administrative
Agent. 

  
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 “ATLS Unit Price” means as of any date, the closing price for ATLS Units on
the New York Stock Exchange at 4:00:00 p.m., New York time (or such other time as the New York Stock Exchange publicly announces is the official close of trading) as reported by Bloomberg Financial Markets (or such similar reporting service
reasonably selected by the Administrative Agent). If the ATLS Unit Price cannot be calculated on a particular date on the foregoing basis, the ATLS Unit Price on such date shall be the fair market value as reasonably determined by the Administrative
Agent; provided that if ATLS Units cease at any time to be listed and traded on the New York Stock Exchange or another nationally-recognized market acceptable to the Administrative Agent, then the ATLS Unit Price shall be deemed to be zero dollars
($0). 
 “ATLS Units” means the common units of the Borrower. 

“Available Cash” has the meaning ascribed to such term in the limited partnership agreement of the Borrower as in effect
on the Effective Date, with such amendments thereto as consented to in writing by the Majority Lenders. 
 “Bank
Products” means any of the following bank services: (a) commercial credit cards, (b) stored value cards, and (c) treasury management services (including, without limitation, controlled disbursement, automated clearinghouse
transactions, return items, overdrafts and interstate depository network services). 
 “Bank Products Provider”
means the Administrative Agent, any Lender or Affiliate of the Administrative Agent or a Lender that provides Bank Products to the Borrower or any other Loan Party. 
 “Board” means the Board of Governors of the Federal Reserve System of the United States of America or any successor Governmental Authority. 

“Borrowing” means Loans of the same Type, made, converted or continued on the same date and, in the case of Eurodollar
Loans, as to which a single Interest Period is in effect. 
 “Borrowing Request” means a request by the
Borrower for a Borrowing in accordance with Section 2.03. 
 “Business Day” means any day that is
not a Saturday, Sunday or other day on which commercial banks in New York, New York, are authorized or required by law to remain closed; and if such day relates to a Borrowing or continuation of, a payment or prepayment of principal of or interest
on, or a conversion of or into, or the Interest Period for, a Eurodollar Loan or a notice by the Borrower with respect to any such Borrowing or continuation, payment, prepayment, conversion or Interest Period, any day which is also a day on which
dealings in dollar deposits are carried out in the London interbank market. 
 “Capital Leases” means, in
respect of any Person, all leases which shall have been, or should have been, in accordance with GAAP, recorded as capital leases on the balance sheet of the Person liable (whether contingent or otherwise) for the payment of rent thereunder.

 “Casualty Event” means any loss, casualty or other insured damage to, or any nationalization, taking under
power of eminent domain or by condemnation or similar proceeding of, any Property of the Borrower or any of the Restricted Subsidiaries having a fair market value in excess of $2,500,000. 

“Change of Control” means an event or series of events by which: 

(a) the acquisition of ownership, directly or indirectly, beneficially or of record, by any Person or group of Persons
acting in concert as a partnership or other “group” (within the meaning of the Securities Exchange Act of 1934 and the rules of the SEC thereunder as in effect on the date hereof) of Equity Interests representing more than 50% of the
aggregate ordinary voting power represented by the issued and outstanding Equity Interests of the Borrower (or its successor by merger, consolidation or purchase of all or substantially all of its assets); 

  
 -4-









 (b) the Borrower or another Loan Party ceases to own 100% of the Equity
Interests of the General Partner, the APL General Partner or the ARP General Partner; 
 (c) during any period of
12 consecutive months, a majority of the members of the board of directors or other equivalent governing body of the General Partner cease to be composed of individuals (i) who were members of that board or equivalent governing body on the
first day of such period, (ii) whose election or nomination to that board or equivalent governing body was approved by individuals referred to in clause (i) above constituting at the time of such election or nomination at least a majority
of that board or equivalent governing body, or (iii) whose election or nomination to that board or other equivalent governing body was approved by individuals referred to in clauses (i) and (ii) above constituting at the time of such
election or nomination at least a majority of that board or equivalent governing body; 
 (d) the General Partner
ceases to be the sole general partner of the Borrower or ceases to maintain Sole Management Control of the Borrower; or 
 (e) the APL General Partner ceases to be the sole general partner of APL or ceases to maintain Sole Management Control of APL; or 

(f) the ARP General Partner ceases to be the sole general partner of ARP or ceases to maintain Sole Management Control of
ARP. 
 “Change in Law” means (a) the adoption of any Law after the date of this Agreement, (b) any
change in any Law or in the interpretation or application thereof by any Governmental Authority after the date of this Agreement or (c) compliance by any Lender (or, for purposes of Section 5.01(b), by any lending office of such
Lender or by such Lender’s holding company, if any) with any request, guideline or directive (whether or not having the force of Law) of any Governmental Authority made or issued after the date of this Agreement; provided however, that
notwithstanding anything herein to the contrary the Dodd-Frank Wall Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith or promulgated by the Bank for International
Settlements, the Basel Committee on Banking Supervision or the United States or foreign regulatory authorities, in each case, pursuant to Basel III) shall be deemed to be a “Change in Law”, regardless of the date enacted, adopted or
issued. 
 “Charges” has the meaning set forth in Section 12.12. 

“Code” means the Internal Revenue Code of 1986, as amended from time to time, and any successor statute. 

“Collateral” means any Property in which a Lien is purported to be created by the Security Instruments. 

“Commitment” means, with respect to each Lender, the commitment of such Lender to make Loans; and
“Commitments” means the aggregate amount of the Commitments of all the Lenders. The amount representing each Lender’s Commitment shall at any time be such Lender’s Maximum Credit Amount. As of the Effective Date, the aggregate
Commitments of the Lenders are $240,000,000. 

  
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 “Commodity Exchange Act” means the Commodity Exchange Act (7 U.S.C. §
1 et seq.), as amended from time to time, and any successor statute. 
 “Conduit Lender” means any special
purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by such Lender and designated by such Lender in a written instrument; provided that the designation by any Lender of a
Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall
have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and provided further that no Conduit Lender shall (a) be entitled to receive any
greater amount pursuant to Section 5.01, Section 5.02, Section 5.03 or Section 12.03 than the designating Lender would have been entitled to receive in respect of the extensions of credit made by such
Conduit Lender or (b) be deemed to have any Commitment. 
 “Consolidated Net Income” means with respect to
the Borrower and the Restricted Subsidiaries, for any period, the aggregate of the net income (or loss) of the Borrower and the Restricted Subsidiaries after allowances for taxes for such period determined on a consolidated basis in accordance with
GAAP and subject to Section 1.05(b); provided that there shall be excluded from such net income (to the extent otherwise included therein) the following: (a) the net income (but not loss) during such period of any Restricted
Subsidiary to the extent that the declaration or payment of dividends or similar distributions by that Restricted Subsidiary to the Borrower or a Restricted Subsidiary is not at the time permitted by operation of the terms of its charter or any
agreement, instrument or Law applicable to such Restricted Subsidiary or is otherwise restricted or prohibited, to the extent so restricted or prohibited, in each case determined in accordance with GAAP; (b) the net income (or loss) of any
Person acquired in a pooling-of-interests transaction for any period prior to the date of such transaction; (c) any extraordinary gains or losses during such period; and (d) any gains or losses attributable to write-ups or writedowns of
assets, including writedowns under ASC Topics 350 and 360; provided further that if the Borrower or any Restricted Subsidiary shall consummate a Material Acquisition or Material Disposition (other than a disposition permitted under
Section 9.11(f)), then Consolidated Net Income shall be calculated after giving pro forma effect to such Material Acquisition or Material Disposition as if such Material Acquisition or Material Disposition had occurred on the first day
of the period consisting of the four consecutive fiscal quarters of the Borrower ending on the last day of the most recently ending fiscal quarter for which financial statements are available and otherwise in accordance with Regulation S-X of the
SEC. “Consolidated Net Income” shall include, without duplication, cash dividends and other cash distributions received during such period by the Borrower or any Restricted Subsidiary to the extent set forth in Section 1.05(b).

 “Control” means the possession, directly or indirectly, of the power to direct or cause the direction of the
management or policies of a Person, whether through the ability to exercise voting power, by contract or otherwise. For the purposes of this definition, and without limiting the generality of the foregoing, any Person that owns directly or
indirectly 5% or more of the Equity Interests having ordinary voting power for the election of the directors or other governing body of a Person (other than as a limited partner of such other Person) will be deemed to “control” such other
Person. “Controlling” and “Controlled” have meanings correlative thereto. 
 “Debt” means,
for any Person, the sum of the following (without duplication): (a) all obligations of such Person for borrowed money or evidenced by bonds, bankers’ acceptances, debentures, notes or other similar instruments; (b) all obligations of
such Person (whether contingent or otherwise) in respect of letters of credit, surety or other bonds and similar instruments; (c) all accounts payable and all accrued 

  
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expenses, liabilities or other obligations of such Person to pay the deferred purchase price of Property or services; (d) all obligations under Capital Leases; (e) all obligations under
Synthetic Leases; (f) all Debt (as defined in the other clauses of this definition) of others secured by a Lien on any Property of such Person, whether or not such Debt is assumed by such Person; provided, however, that the amount
of such Debt of any Person described in this clause (f) shall, for the purposes of this Agreement, be deemed to be equal to the lesser of (i) the aggregate unpaid amount of such Debt and (ii) the fair market value of the Property
encumbered, as determined by such Person in good faith; (g) all Debt (as defined in the other clauses of this definition) of others guaranteed by such Person or in which such Person otherwise assures a creditor against loss of the Debt
(howsoever such assurance shall be made) to the extent of the lesser of the amount of such Debt and the maximum stated amount of such guarantee or assurance against loss; (h) all obligations or undertakings of such Person to maintain or cause
to be maintained the financial position or covenants of others or to purchase the Debt or Property of others; (i) obligations to deliver commodities, goods or services, including, without limitation, Hydrocarbons, in consideration of one or
more advance payments for periods in excess of 120 days prior to the day of delivery, other than sales of Hydrocarbons and gas balancing arrangements in the ordinary course of business; (j) obligations to pay for goods or services whether or
not such goods or services are actually received or utilized by such Person; (k) any Debt of a partnership for which such Person is liable either by agreement, or by Law but only to the extent of such liability; (l) the liquidation value
of Disqualified Capital Stock of such Person; and (m) the undischarged balance of any dollar denominated production payment (but not any volumetric production payment) created by such Person or for the creation of which such Person directly or
indirectly received payment. The Debt of any Person shall include all obligations of such Person of the character described above to the extent such Person remains legally liable in respect thereof notwithstanding that any such obligation is not
included as a liability of such Person under GAAP. The Debt of any Person described in clauses (f), (g) and (h) of this definition shall be deemed to be the lesser of (i) an amount equal to the stated or determinable amount of the
primary obligation of such other Person and (ii) the maximum amount for which such Person may be liable pursuant to the terms of the instrument embodying such Debt, unless such primary obligation and/or the maximum amount for which such Person
may be liable are not stated or determinable, in which case the amount of such Debt shall be deemed to be equal to such Person’s maximum reasonably anticipated liability in respect thereof as determined by such Person in good faith. 

“Default” means any event or condition which constitutes an Event of Default or which upon notice, lapse of time or both
would, unless cured or waived, become an Event of Default. 
 “Disposition” or “Dispose” means
the sale, transfer, license, lease or other disposition (including any sale leaseback and any issuance or sale of Equity Interests of a Restricted Subsidiary) of any property by any Person, including any sale, assignment, transfer or other disposal,
with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith; provided that “Disposition” and “Dispose” shall not be deemed to include any issuance by the Borrower of any of
its Equity Interests to another Person. 
 “Disqualified Capital Stock” means any Equity Interest that, by its
terms (or by the terms of any security into which it is convertible or for which it is exchangeable) or upon the happening of any event, matures or is mandatorily redeemable for any consideration other than other Equity Interests (which would not
constitute Disqualified Capital Stock), pursuant to a sinking fund obligation or otherwise, or is convertible or exchangeable for Debt or redeemable for any consideration other than other Equity Interests (which would not constitute Disqualified
Capital Stock) at the option of the holder thereof, in whole or in part, on or prior to the date that is one year after the earlier of (a) the Final Maturity Date and (b) the date on which there are no Loans or other obligations
outstanding hereunder. Notwithstanding the preceding sentence, any Equity Interest that would constitute Disqualified Capital Stock solely because the holders thereof have the right to require the Person to repurchase such Equity Interests upon the
occurrence of a change of control or an asset sale shall not constitute Disqualified Capital Stock. 

  
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 “dollars” or “$” refers to lawful money of the United
States of America. 
 “Domestic Subsidiary” means any Subsidiary that is organized under the laws of
(i) the United States of America or any state thereof or (ii) the District of Columbia. 
 “EBITDA”
means, for any period, an amount determined for the Borrower and the Restricted Subsidiaries on a consolidated basis equal to (i) the sum of Consolidated Net Income for such period, plus, without duplication and to the extent deducted from
Consolidated Net Income in such period, (a) interest, income taxes, depreciation, depletion, amortization, goodwill and other impairment, non-cash compensation on long-term incentive plans, non-cash losses including non-cash losses resulting
from mark to market accounting of Swap Agreements, (b) reasonable and customary fees and expenses incurred or paid in connection with the consummation of the Transactions and other acquisition transactions not prohibited by the terms of this
Agreement or the other Loan Documents, and (c) any net loss from disposed or discontinued operations, minus (ii) to the extent included in Consolidated Net Income, non-cash gains including non-cash gains resulting from mark to
market accounting of Swap Agreements. 
 “Effective Date” means the date on which the conditions specified in
Section 6.01 are satisfied (or waived in accordance with Section 12.02). 
 “Environmental
Claims” means any and all actions, suits, demands, demand letters, claims, liens, accusations, allegations, notices of noncompliance or violation, investigations (other than internal reports prepared by any Person in the ordinary course of
business) or proceedings relating in any way to any actual or alleged violation of or liability under any Environmental Law. 

“Environmental Laws” means any and all applicable Laws pertaining in any way to human health, employee safety, the
environment, the preservation or reclamation of natural resources, or Hazardous Materials, in effect in any and all jurisdictions in which the Borrower or any Restricted Subsidiary is conducting, or at any time has conducted, business, or where any
Property of the Borrower or any Restricted Subsidiary is located, including, the Oil Pollution Act of 1990 (“OPA”), as amended, the Clean Air Act, as amended, the Comprehensive Environmental, Response, Compensation, and Liability
Act of 1980, as amended, the Federal Water Pollution Control Act, as amended, the Occupational Safety and Health Act of 1970, as amended, the Resource Conservation and Recovery Act of 1976, as amended, the Safe Drinking Water Act, as amended, the
Toxic Substances Control Act, as amended, the Superfund Amendments and Reauthorization Act of 1986, as amended, the Hazardous Materials Transportation Law, as amended, and other environmental conservation or protection Laws. 

“Equity Interests” means shares of capital stock, partnership interests, membership interests in a limited liability
company, beneficial interests in a trust or other equity ownership interests in a Person, and any warrants, options or other rights entitling the holder thereof to purchase or acquire any such Equity Interest. 

“ERISA” means the Employee Retirement Income Security Act of 1974, as amended, and any successor statutes, and all
regulations and guidances promulgated thereunder. 
 “ERISA Affiliate” means each trade or business (whether or
not incorporated) which together with the Borrower or a Restricted Subsidiary would be deemed to be a “single employer” within the meaning of section 4001(b)(1) of ERISA or subsections (b), (c), (m) or (o) of section 414 of the
Code. 

  
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 “ERISA Event” means (a) a “Reportable Event” described in
section 4043 of ERISA, other than a Reportable Event as to which the provisions of 30 days’ notice to the PBGC is expressly waived under applicable regulations, (b) the withdrawal of the Borrower, a Restricted Subsidiary or any ERISA
Affiliate from a Plan during a plan year in which it was a “substantial employer” as defined in section 4001(a)(2) of ERISA or a cessation of operations that is treated as such a withdrawal under Section 4062(e) of ERISA, (c) the
filing of a notice of intent to terminate a Plan or the treatment of a Plan amendment as a termination under section 4041 of ERISA, (d) the institution of proceedings to terminate a Plan by the PBGC, (e) receipt of a notice of withdrawal
liability pursuant to Section 4202 of ERISA, or (f) any other event or condition which would constitute grounds under section 4042 of ERISA for the termination of, or the appointment of a trustee to administer, any Plan. 

“Eurodollar”, when used in reference to any Loan or Borrowing, refers to whether such Loan, or the Loans comprising such
Borrowing, are bearing interest at a rate determined by reference to the Adjusted LIBO Rate. 
 “Event of
Default” has the meaning assigned such term in Section 10.01. 
 “Excepted Liens” means:
(a) Liens for taxes, assessments or other governmental charges or levies which are not delinquent or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP;
(b) Liens in connection with workers’ compensation, unemployment insurance or other social security, old age pension or public liability obligations which are not delinquent or which are being contested in good faith by appropriate action
and for which adequate reserves have been maintained in accordance with GAAP; (c) statutory landlord’s liens, operators’, vendors’, carriers’, warehousemen’s, repairmen’s, mechanics’, suppliers’,
workers’, materialmen’s, construction or other like Liens arising by operation of law in the ordinary course of business or incident to the exploration, development, operation and maintenance of Oil and Gas Properties, each of which is in
respect of obligations that are not delinquent or which are being contested in good faith by appropriate action and for which adequate reserves have been maintained in accordance with GAAP; (d) contractual Liens which arise in the ordinary
course of business under operating agreements, joint venture agreements, oil and gas partnership agreements, oil and gas leases, farm-out agreements, division orders, contracts for the sale, transportation or exchange of oil and natural gas,
unitization and pooling declarations and agreements, area of mutual interest agreements, overriding royalty agreements, marketing agreements, processing agreements, net profits agreements, development agreements, gas balancing or deferred production
agreements, injection, repressuring and recycling agreements, salt water or other disposal agreements, seismic or other geophysical permits or agreements, and other agreements which are usual and customary in the oil and gas business and are for
claims which are not delinquent or which are being contested in good faith by appropriate action, provided that any such Lien referred to in this clause does not materially impair the use of the Property covered by such Lien for the purposes
for which such Property is held by the Borrower or any Restricted Subsidiary or materially impair the value of such Property subject thereto; (e) Liens arising by virtue of any statutory, common law or contract provision relating to
banker’s liens, rights of set-off or similar rights and remedies and burdening only deposit accounts or other funds maintained with a creditor depository institution; provided that no such deposit account is a dedicated cash collateral
account or is subject to restrictions against access by the depositor in excess of those set forth by regulations promulgated by the Board and no such deposit account is intended by the Borrower or any of the Restricted Subsidiaries to provide
collateral to the depository institution; (f) easements, restrictions, servitudes, permits, conditions, covenants, exceptions or reservations in any Property of the Borrower or any Restricted Subsidiary for the purpose of roads, pipelines,
transmission lines, transportation lines, distribution lines for the removal of gas, oil, coal or other minerals or timber, and other like purposes, or for the joint or common use of real estate, rights of way, facilities and equipment which in the
aggregate do not materially impair the use of such Property for the purposes of which such Property is held by the Borrower or any Restricted Subsidiary or materially impair the value 

  
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of such Property subject thereto; (g) Liens on cash or securities pledged to secure performance of tenders, surety and appeal bonds, government contracts, performance and return of money
bonds, bids, trade contracts, leases, statutory obligations, regulatory obligations and other obligations of a like nature incurred in the ordinary course of business; (h) judgment and attachment Liens not giving rise to an Event of Default,
provided that any appropriate legal proceedings which may have been duly initiated for the review of such judgment shall not have been finally terminated or the period within which such proceeding may be initiated shall not have expired and
no action to enforce such Lien has been commenced; (i) Liens arising from Uniform Commercial Code financing statement filings regarding operating leases entered into by the Borrower or any Restricted Subsidiary in the ordinary course of
business covering only the Property under lease; (j) any obligations (other than Debt) or duties affecting any of the Property of the Borrower or any Restricted Subsidiary to any Governmental Authority with respect to any franchise, grant,
license or permit; (k) any interest or title of a lessor under any lease entered into by the Borrower or any Restricted Subsidiary covering only the assets so leased; and (l) Liens in favor of the Revolving Loan Agent under the Revolving
Loan Documents not to exceed $50,000,000 in the aggregate at any time outstanding; provided further that (1) Liens described in clauses (a) through (d) and (g) shall remain “Excepted Liens” only for so long as no
action to enforce such Lien has been commenced unless such action is being contested in good faith by appropriate proceedings and for which adequate reserves have been maintained in accordance with GAAP and (2) no intention to subordinate the
Lien granted in favor of the Administrative Agent and the Secured Creditors is to be hereby implied or expressed by the permitted existence of any Excepted Lien. 
 “Excluded Swap Obligation” means, with respect to any Guarantor, any Swap Obligation if, and to the extent that, all or a portion of the guarantee of such Guarantor of, or the grant by
such Guarantor of a security interest to secure, as applicable, such Swap Obligation (or any guarantee thereof) is or becomes illegal under the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or
the application or official interpretation of any thereof) by virtue of such Guarantor’s failure for any reason to constitute an “eligible contract participant” as defined in the Commodity Exchange Act (determined after giving effect
to Section 10.02(c) hereof and any other “keepwell, support or other agreement” for the benefit of such Guarantor and any and all guarantees of such Guarantor’s Swap Obligations by other Loan Parties) at the time the guarantee of
such Guarantor, or a grant by such Guarantor of a security interest, becomes effective with respect to such Swap Obligation. If a Swap Obligation arises under a Master Agreement governing more than one Swap, such exclusion shall apply only to the
portion of such Swap Obligation that is attributable to Swaps for which such guarantee or security interest is or becomes excluded in accordance with the first sentence of this definition. 

“Excluded Taxes” means, with respect to the Administrative Agent, any Lender, or any other recipient of any payment to
be made by or on account of any obligation of the Borrower or any Guarantor hereunder or under any other Loan Document, (a) income or franchise taxes imposed on (or measured by) its net income by a jurisdiction under the laws of which such
recipient is organized or in which its principal office is located or, in the case of any Lender, in which its applicable lending office is located, (b) any branch profits taxes imposed by the jurisdiction described in clause (a) above,
(c) in the case of a Foreign Lender (other than an assignee pursuant to a request by the Borrower under Section 5.05), any U.S. Federal withholding tax that is imposed on amounts payable to such Foreign Lender at the time such
Foreign Lender becomes a party to this Agreement (or designates a new lending office) except to the extent that such Foreign Lender (or its assignor, if any) was entitled, immediately prior to designation of a new lending office (or assignment), to
receive additional amounts with respect to such withholding tax pursuant to Section 5.03(a) or Section 5.03(b), (d) any withholding tax that is attributable to a Foreign Lender’s failure to comply with
Section 5.03(e), and (e) any U.S. federal withholding taxes imposed by FATCA. 

  
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 “FATCA” means Sections 1471 through 1474 of the Code, as of the date of
this Agreement (or any amended or successor version that is substantively comparable and not materially more onerous to comply with) and any current or future regulations or official interpretations thereof. 

“FCPA” means the Foreign Corrupt Practices Act of 1977, as amended. 

“Federal Funds Effective Rate” means, for any day, the weighted average (rounded upwards, if necessary, to the next
1/100 of 1%) of the rates on overnight Federal funds transactions with members of the Federal Reserve System arranged by Federal funds brokers, as published on the next succeeding Business Day by the Federal Reserve Bank of New York or, if such rate
is not so published for any day that is a Business Day, the average (rounded upwards, if necessary, to the next 1/100 of 1%) of the quotations for such day for such transactions received by the Administrative Agent from three Federal funds brokers
of recognized standing selected by it. 
 “Fee Letter” means the fee letter dated June 9, 2013 among the
Borrower, Deutsche Bank AG New York Branch, Deutsche Bank Securities Inc., Wells Fargo Securities LLC and Wells Fargo Bank, National Association. 
 “Final Maturity Date” means the latest of the Maturity Date and any Incremental Loan Maturity Date applicable to existing Incremental Loans, as of any date of determination. 

“Financial Officer” means, for any Person, the chief financial officer, principal accounting officer, treasurer,
assistant treasurer or controller of such Person. Unless otherwise specified, all references herein to a Financial Officer means a Financial Officer of the Borrower. 
 “Foreign Lender” means any Lender that is organized under the laws of a jurisdiction other than that in which the Borrower is located. For purposes of this definition, the United States
of America, each State thereof and the District of Columbia shall be deemed to constitute a single jurisdiction. 

“Foreign Subsidiary” means any Subsidiary that is not a Domestic Subsidiary. 

“GAAP” means generally accepted accounting principles in the United States as in effect from time to time. 

“General Partner” means Atlas Energy, LLC, a Delaware limited liability company. 

“General Partner Recognized Value Component” means, at any time, (a) an amount equal to the product of (i) the
number of issued and outstanding ATLS Units as of such day multiplied by (ii) the ATLS Unit Price as of such day, minus (b) the ARP Recognized Value Component, minus (c) the APL Recognized Value Component,
minus (d) the O&G Recognized Value Component, minus (e) an amount equal to the product of (i) the number of APL Units owned by the Borrower and any Subsidiary (other than Qualifying APL Units) as of such day
multiplied by (ii) the APL Unit Price as of such day, minus (f) an amount equal to the product of (i) the number of ARP Units owned by the Borrower and any Subsidiary (other than Qualifying ARP Units) as of such
day multiplied by (ii) the ARP Unit Price as of such day. 
 “Governmental Authority” means
the government of the United States of America, any other nation or any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive,
legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government over the Borrower, any Restricted Subsidiary, any of their Properties, the Administrative Agent or any Lender. 

  
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 “Guarantors” means the General Partner, Atlas Lightfoot, LLC, a Delaware
limited liability company, ARP General Partner, Atlas Energy Holdings Corp., a Delaware corporation, Atlas Energy Company, LLC, a Delaware limited liability company, Atlas Energy Resource Services, Inc., a Delaware corporation, AED Investments,
Inc., a Delaware corporation, Atlas America Mid-Continent, Inc., a Delaware corporation, ATLS Production Company, LLC, a Delaware limited liability company, and any other Material Subsidiary of the Borrower that after the Effective Date guarantees
the Indebtedness to the Administrative Agent pursuant to Section 8.13(b). 
 “Guaranty Agreement”
means the guaranty in form and substance satisfactory to the Administrative Agent by each of the Guarantors in favor of the Administrative Agent dated as of the date hereof, as the same may be amended, modified or supplemented from time to time.

 “Hazardous Material” means any substance regulated or as to which liability might arise under any
Environmental Law including: (a) any chemical, compound, material, product, byproduct, substance or waste defined as or included in the definition or meaning of “hazardous substance,” “hazardous material,” “hazardous
waste,” “solid waste,” “toxic waste,” “extremely hazardous substance,” “toxic substance,” “contaminant,” “pollutant,” or words of similar meaning or import found in any Environmental
Law; (b) Hydrocarbons, petroleum products, petroleum substances, natural gas, oil, oil and gas waste, crude oil, and any components, fractions, or derivatives thereof; and (c) radioactive materials, explosives, asbestos or asbestos
containing materials, polychlorinated biphenyls, radon, infectious or medical wastes. 
 “Hydrocarbon
Interests” means all rights, titles, interests and estates now or hereafter acquired in and to oil and gas leases, oil, gas and mineral leases, or other liquid or gaseous hydrocarbon leases, mineral fee interests, overriding royalty and
royalty interests, net profit interests and production payment interests, including any reserved or residual interests of whatever nature. 
 “Hydrocarbons” means oil, gas, casinghead gas, drip gasoline, natural gasoline, condensate, distillate, liquid hydrocarbons, gaseous hydrocarbons and all products refined or separated
therefrom. 
 “Immaterial Subsidiary” means, as of any date, any Restricted Subsidiary of the Borrower that,
together with all of the Subsidiaries of such Restricted Subsidiary, does not own Property with an aggregate fair market value in excess of $2,5000,000; provided that in no event shall the APL General Partner or the ARP General Partner be
deemed to be an Immaterial Subsidiary. 
 “Immaterial Title Deficiencies” means, with respect to Oil and Gas
Properties, at any time of determination, defects or clouds on title, discrepancies in net revenue and working interest ownership percentages and other discrepancies (in each case, between what is shown on the most recently delivered Reserve Report
and that which is set forth in the title information provided by a Loan Party to the Administrative Agent hereunder) and other Liens (other than Excepted Liens), defects, and similar matters which do not, individually or in the aggregate, affect Oil
and Gas Properties in an amount greater than five percent (5%) of the Recognized Value of all Oil and Gas Properties evaluated in the most recent Reserve Report delivered under this Agreement. 

“Increase Effective Date” has the meaning set forth in Section 2.06(a). 

“Increase Joinder” has the meaning set forth in Section 2.06. 

“Incremental Commitment” has the meaning set forth in Section 2.06(a). 

“Incremental Loans” has the meaning set forth in Section 2.06(c). 

  
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 “Incremental Loan Maturity Date” has the meaning set forth in
Section 2.06(c)(iii). 
 “Indebtedness” means any and all amounts owing or to be owing by the Borrower or
any other Loan Party: (a) to the Administrative Agent or any Lender under any Loan Document including, without limitation, all interest on any of the Loans (including any interest that accrues after the commencement of any case, proceeding or
other action relating to the bankruptcy, insolvency or reorganization of any Loan Party (or could accrue but for the operation of applicable bankruptcy or insolvency laws), whether or not such interest is allowed or allowable as a claim in any such
case, proceeding or other action); (b) to any Person under any Secured Swap Agreement; (c) to any Bank Products Provider in respect of Bank Products; and (d) all renewals, extensions and/or restatements of any of the above.

 “Indemnified Taxes” means Taxes other than Excluded Taxes. 

“Information” has the meaning set forth in Section 7.12. 

“Intercreditor Agreement” means that certain Intercreditor Agreement dated as of even date herewith by and among the
Administrative Agent, the Revolving Loan Administrative Agent and the Borrower, as the same may from time to time be amended, supplemented, restated or otherwise modified. 
 “Interest Election Request” means a request by the Borrower to convert or continue a Borrowing in accordance with Section 2.04. 

“Interest Payment Date” means (a) with respect to any ABR Loan, the last business day of each March, June,
September and December and (b) with respect to any Eurodollar Loan, the last day of the Interest Period applicable to the Borrowing of which such Loan is a part and, in the case of a Eurodollar Borrowing with an Interest Period of more than
three (3) months’ duration, each day prior to the last day of such Interest Period that occurs at intervals of three months’ duration after the first day of such Interest Period. 

“Interest Period” means with respect to any Eurodollar Borrowing, the period commencing on the date of such Borrowing
and ending on the numerically corresponding day in the calendar month that is one, three or six months, as the Borrower may elect; provided that (a) if any Interest Period would end on a day other than a Business Day, such Interest
Period shall be extended to the next succeeding Business Day unless such next succeeding Business Day would fall in the next calendar month, in which case such Interest Period shall end on the next preceding Business Day, (b) no Interest Period
may have a term which would extend beyond the Maturity Date and (c) any Interest Period pertaining to a Eurodollar Borrowing that commences on the last Business Day of a calendar month (or on a day for which there is no numerically
corresponding day in the last calendar month of such Interest Period) shall end on the last Business Day of the last calendar month of such Interest Period. For purposes hereof, the date of a Borrowing initially shall be the date on which such
Borrowing is made and thereafter shall be the effective date of the most recent conversion or continuation of such Borrowing. 

“Investment” means, for any Person: (a) the acquisition (whether for cash, Property, services or securities or
otherwise) of Equity Interests of any other Person or of assets constituting a business unit or division of any other Person or any agreement to make any such acquisition (including, without limitation, capital contributions, any “short
sale” or any sale of any securities at a time when such securities are not owned by the Person entering into such short sale), (b) the making of any deposit with, or advance, loan or other extension of credit to, any other Person
(including the purchase of Property from another Person subject to an understanding or agreement, contingent or otherwise, to resell such Property to such Person, but excluding any such advance, loan or extension of credit having a term not
exceeding ninety (90) days representing the purchase price of inventory or supplies sold by such Person in the ordinary course of business), or (c) the entering into of any guarantee of, or other contingent obligation with respect to, Debt
or other liability of any other Person. 

  
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 “Joinder Agreement” means a joinder agreement in the form of Exhibit
H or any other form reasonably approved by the Administrative Agent. 
 “Law” means (a) a law,
statute, ordinance, treaty, permit, rule or regulation of any Governmental Authority, (b) a court decision, judgment, order, decree, injunction or ruling, and (c) a regulatory bulletin or guidance, or examination order or recommendation of
a Governmental Authority. 
 “Lenders” means the Persons listed on Annex I and any Person that shall
have become a party hereto pursuant to an Assignment and Assumption, other than any such Person that ceases to be a party hereto pursuant to an Assignment and Assumption; provided that unless the context otherwise requires, each reference
herein to the Lenders shall be deemed to include any Conduit Lender. 
 “LIBO Rate” means, with respect to each
day during each Interest Period pertaining to a Eurodollar Loan, the rate per annum determined on the basis of the rate for deposits in dollars for a period equal to such Interest Period commencing on the first day of such Interest Period reported
by Bloomberg L.P. in its index of rates as of 11:00 A.M., London time, two (2) Business Days prior to the beginning of such Interest Period. In the event that such rate does not appear on such index, the “LIBO Rate” shall be
determined by reference to such other comparable publicly available service for displaying eurodollar rates as may be selected by the Administrative Agent or, in the absence of such availability, by reference to the rate at which the Administrative
Agent is offered dollar deposits at or about 11:00 A.M., London time, two (2) Business Days prior to the beginning of such Interest Period in the interbank eurodollar market where its eurodollar and foreign currency and exchange operations are
then being conducted for delivery on the first day of such Interest Period for the number of days comprised therein. 

“Lien” means any interest in Property securing an obligation owed to, or a claim by, a Person other than the owner of
the Property, whether such interest is based on the common law, statute or contract, and whether such obligation or claim is fixed or contingent, and including but not limited to (a) the lien or security interest arising from a mortgage,
encumbrance, pledge, security agreement, conditional sale or trust receipt or a lease, consignment or bailment for security purposes or (b) production payments and the like payable out of Oil and Gas Properties. The term “Lien” shall
include easements, restrictions, servitudes, permits, conditions, covenants, exceptions or reservations. For the purposes of this Agreement, the Borrower and the Restricted Subsidiaries shall be deemed to be the owner of any Property which it has
acquired or holds subject to a conditional sale agreement, or leases under a financing lease or other arrangement pursuant to which title to the Property has been retained by or vested in some other Person in a transaction intended to create a
financing. “Lien” shall not include the interest of the Borrower or any Restricted Subsidiary in any Property subject to a Synthetic Lease. 
 “Loan Documents” means this Agreement, the Notes, if any, the Security Instruments, the Perfection Certificate, the Intercreditor Agreement and any and all other material agreements or
instruments now or hereafter executed and delivered by any Loan Party or any other Person (other than Swap Agreements or agreements regarding the provision of Bank Products with the Administrative Agent, Lenders or any Affiliate of the
Administrative Agent or a Lender or participation or similar agreements between any lender and any other lender or creditor with respect to any Indebtedness pursuant to this Agreement) in connection with the Indebtedness, this Agreement and the
transactions contemplated hereby, as such agreements may be amended, modified, supplemented or restated from time to time. 

“Loan Parties” means the Borrower and each Guarantor. 

  
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 “Loans” means the loans made by the Lenders to the Borrower pursuant to
this Agreement. 
 “Majority Lenders” means, subject to Section 12.04(b)(ii)(D)(4), Lenders holding
greater than 50% of the outstanding aggregate principal amount of the Loans (without regard to any sale by a Lender of a participation in any Loan under Section 12.04(c)). 

“Master Agreement” has the meaning assigned to such term in the definition of “Swap Agreement.” 

“Material Acquisition” means a transaction or series of transactions comprised of the acquisition of the Equity
Interests of a Person or the acquisition of assets from a Person, in each case for consideration of at least $5,000,000. 

“Material Adverse Effect” means any event, development or circumstance that has had or could reasonably be expected to
have a material adverse effect on (a) the operations, Properties (including the APL Units and the ARP Units) or financial condition of the Borrower and the Restricted Subsidiaries, taken as a whole, (b) the ability of the Borrower and the
Restricted Subsidiaries, taken as a whole, to carry out their business as of the Effective Date, (c) the ability of the Loan Parties, taken as a whole, to perform fully and on a timely basis their obligations under any of the Loan Documents
that are material to the interests of the Lenders, or (d) the validity or enforceability of any of the Loan Documents or the material rights and remedies available to the Administrative Agent or any Lender under any Loan Document. 

“Material Disposition” means a transaction or series of transactions comprised of the sale, lease, assignment,
conveyance or transfer of the Equity Interests of a Person or other Property of a Person, in each case for the consideration of at least $5,000,000. 
 “Material Indebtedness” means Debt (other than the Loans), or obligations in respect of one or more Swap Agreements, of any one or more of the Borrower and the Restricted Subsidiaries in
an aggregate principal amount exceeding $5,000,000. For purposes of determining Material Indebtedness, the “principal amount” of the obligations of the Borrower or any Restricted Subsidiary in respect of any Swap Agreement at any time
shall be the maximum aggregate amount (giving effect to any netting agreements) that the Borrower or such Restricted Subsidiary would be required to pay if such Swap Agreement were terminated at such time, including unpaid amounts in respect of such
Swap Agreement. 
 “Material Subsidiary” means any Restricted Subsidiary other than any Immaterial Subsidiary.

 “Maturity Date” means July 31, 2019. 

“Maximum Credit Amount” means, as to each Lender, the amount set forth opposite such Lender’s name on Annex
I under the caption “Maximum Credit Amounts”. 
 “Maximum Rate” has the meaning set forth in
Section 12.12. 
 “Minimum Title Information” means title information in form and substance
reasonably satisfactory to the Administrative Agent as to the Loan Parties’ ownership (whether in fee or by leasehold) of at least 80% of the total value of all Oil and Gas Properties. 

“Moody’s” means Moody’s Investors Service, Inc. and any successor thereto that is a nationally recognized
rating agency. 

  
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 “Mortgage” means a mortgage, deed of trust, or similar document in form and
substance reasonably satisfactory to the Administrative Agent on any real property (including any Hydrocarbon Interests) directly owned (whether in fee or by leasehold) by a Loan Party where such Loan Party is the mortgagor and the Administrative
Agent is the mortgagee pursuant to which a Lien on the Mortgaged Property covered thereby is created in favor of the Administrative Agent for the benefit of the Secured Creditors (as defined therein), as the same may be amended, modified or
supplemented from time to time. 
 “Mortgaged Property” means any Property directly owned (whether in fee or by
leasehold) by any Loan Party which is subject to a Lien created by the Security Instruments. 
 “Multiemployer
Plan” means a Plan which is a multiemployer plan as defined in section 3(37) or 4001(a)(3) of ERISA. 
 “Net
Cash Proceeds” means: 
 (a) with respect to the Disposition of any asset by the Borrower or any Restricted Subsidiary
or any Casualty Event, the excess, if any, of (i) the sum of cash and cash equivalents received in connection with such Disposition or Casualty Event (including any cash or cash equivalents received by way of deferred payment pursuant to, or by
monetization of, a note receivable or otherwise, but only as and when so received and, with respect to any Casualty Event, any insurance proceeds or condemnation awards in respect of such Casualty Event actually received by or paid to or for the
account of the Borrower or any Restricted Subsidiary) over (ii) the sum of (A) the principal amount, premium or penalty, if any, interest and other amounts on any Indebtedness that is secured by the asset subject to such Disposition or
Casualty Event and that is required to be repaid (and is timely repaid) in connection with such Disposition or Casualty Event (other than Indebtedness under the Loan Documents), (B) the out-of-pocket fees and expenses (including attorneys’
fees, investment banking fees, survey costs, title insurance premiums, and related search and recording charges, transfer taxes, deed or mortgage recording taxes, other customary expenses and brokerage, consultant and other customary fees) actually
incurred by the Borrower or such Restricted Subsidiary in connection with such Disposition or Casualty Event, (C) taxes paid or reasonably estimated to be actually payable in connection therewith, and (D) any reserve for adjustment in
respect of (x) the sale price of such asset or assets established in accordance with GAAP and (y) any liabilities associated with such asset or assets and retained by the Borrower or any Restricted Subsidiary after such sale or other
disposition thereof, including pension and other post-employment benefit liabilities and liabilities related to environmental matters or with respect to any indemnification obligations associated with such transaction, it being understood that
“Net Cash Proceeds” shall include (i) any cash or cash equivalents received upon the Disposition of any non-cash consideration by the Borrower or any Restricted Subsidiary in any such Disposition and (ii) upon the reversal
(without the satisfaction of any applicable liabilities in cash in a corresponding amount) of any reserve described in clause (D) above or if such liabilities have not been satisfied in cash and such reserve is not reversed within 365
days after such Disposition or Casualty Event, the amount of such reserve; and 
 (b) with respect to the incurrence or issuance
of any Indebtedness by the Borrower or any Restricted Subsidiary, the excess, if any, of (x) the sum of the cash received in connection with such incurrence or issuance over (y) the investment banking fees, underwriting discounts,
commissions, costs and other out-of-pocket expenses and other customary expenses incurred by the Borrower or such Restricted Subsidiary in connection with such incurrence or issuance. 

“Notes” means the promissory notes, if any, of the Borrower described in Section 2.02(d) and being
substantially in the form of Exhibit A, together with all amendments, modifications, replacements, extensions and rearrangements thereof. 

  
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 “Notice of Reinvestment Election” has the meaning assigned to such term in
Section 3.04(d)(ii)(B). 
 “NYMEX Pricing” means, as of any date of determination with respect to any
month (i) for crude oil, the closing settlement price for the Light, Sweet Crude Oil futures contract for each month, and (ii) for natural gas, the closing settlement price for the Henry Hub Natural Gas futures contract for such month, in
each case as published by New York Mercantile Exchange (NYMEX) on its website currently located at www.nymex.com, or any successor thereto (as such price may be corrected or revised from time to time by the NYMEX in accordance with its rules and
regulations). If, with the consent of the Administrative Agent, the relevant benchmarks used in any Reserve Report change, then NYMEX Pricing shall refer to such new benchmarks. 

“OFAC” means the Office of Foreign Asset Control of the Department of Treasury of the United States of America.

 “OID” has the meaning set forth in Section 2.06(c)(iv). 

“O&G Collateral Recognized Value Component” means, at any time, with respect to any Mortgaged Properties
constituting Proved Reserves, the net present value, discounted at ten percent (10%) per annum, of the future net revenues expected to accrue to the Borrower’s and the Restricted Subsidiaries’ collective interest in such Mortgaged
Properties during the remaining expected economic lives of such Mortgaged Properties. Each calculation of such expected future net revenues shall be made in accordance with SEC guidelines for reporting Proved Reserves, provided that in any event
(a) appropriate deductions shall be made for severance and ad valorem taxes, and for operating, gathering, transportation and marketing costs required for the production and sale of such Mortgaged Properties, (b) the pricing assumptions
used in determining the O&G Collateral Recognized Value Component shall be based upon the Strip Price, adjusted in a manner reasonably acceptable to Administrative Agent to reflect the Borrower’s and the Restricted Subsidiaries’ Swap
Agreements then in effect and (c) the cash-flows derived from the pricing assumptions set forth in clause (b) above shall be further adjusted to account for the historical basis differential in a manner reasonably acceptable to the
Administrative Agent. 
 “O&G Recognized Value Component” means, at any time, with respect to any Oil and
Gas Properties of the Loan Parties constituting Proved Reserves, the net present value, discounted at ten percent (10%) per annum, of the future net revenues expected to accrue to the Loan Parties’ collective interest in such Oil and Gas
Properties during the remaining expected economic lives of such Oil and Gas Properties. Each calculation of such expected future net revenues shall be made in accordance with SEC guidelines for reporting Proved Reserves, provided that in any event
(a) appropriate deductions shall be made for severance and ad valorem taxes, and for operating, gathering, transportation and marketing costs required for the production and sale of such Oil and Gas Properties, (b) the pricing assumptions
used in determining the O&G Recognized Value Component shall be based upon the Strip Price, adjusted in a manner reasonably acceptable to Administrative Agent to reflect the Loan Parties’ Swap Agreements then in effect and (c) the
cash-flows derived from the pricing assumptions set forth in clause (b) above shall be further adjusted to account for the historical basis differential in a manner reasonably acceptable to the Administrative Agent. 

“Oil and Gas Properties” means each of the following: (a) Hydrocarbon Interests; (b) the Properties now or
hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under
orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements,
which relate to any of the 

  
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Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and
which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all
tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests; and (g) all Properties, rights, titles, interests and estates described or referred to above,
including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding
drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil wells, gas wells, injection wells or
other wells, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters,
apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any
and all of the foregoing. 
 “Other Taxes” means any and all present or future stamp or documentary taxes or
any other excise or property taxes, charges or similar levies arising from any payment made hereunder or from the execution, delivery or enforcement of, or otherwise with respect to, this Agreement and any other Loan Document. 

“Participant” has the meaning set forth in Section 12.04(c)(i). 

“Participant Register” has the meaning set forth in Section 12.04(c)(i). 

“PBGC” means the Pension Benefit Guaranty Corporation, or any successor thereto. 

“Perfection Certificate” means a certificate substantially in the form of Exhibit I hereto. 

“Permitted Business” means the business engaged in by the Loan Parties as of the Effective Date and any other business
related to the production, transportation or processing of hydrocarbons. 
 “Person” means any natural person,
corporation, limited liability company, trust, joint venture, association, company, partnership, Governmental Authority or other entity. 
 “Plan” means any employee pension benefit plan, as defined in section 3(2) of ERISA, which (a) is currently or hereafter sponsored, maintained or contributed to by the Borrower, a
Restricted Subsidiary or an ERISA Affiliate or (b) was at any time during the six (6) calendar years preceding the date hereof, sponsored, maintained or contributed to by the Borrower or a Restricted Subsidiary or an ERISA Affiliate.

 “Prime Rate” means the rate of interest per annum publicly announced from time to time by Deutsche Bank AG
New York Branch as its prime rate in effect at its principal office in the United States; each change in the Prime Rate shall be effective from and including the date such change is publicly announced as being effective. Such rate is set by Deutsche
Bank AG New York Branch as a general reference rate of interest, taking into account such factors as Deutsche Bank AG New York Branch may deem appropriate; it being understood that many of Deutsche Bank AG New York Branch’s commercial or other
loans are priced in relation to such rate, that it is not necessarily the lowest or best rate actually charged to any customer and that Deutsche Bank AG New York Branch may make various commercial or other loans at rates of interest having no
relationship to such rate. 

  
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 “Pro Forma Compliance” means, as of any date of determination for purposes
of (a) calculating compliance with the financial covenants contained in Section 9.01 on a pro forma basis, (i) calculating Consolidated Net Income and EBITDA as if the merger or consolidation with any Restricted Subsidiary, the
designation of an Unrestricted Subsidiary as a Restricted Subsidiary or any Material Acquisition or the making of any Restricted Payment or Investment (each of the foregoing, a “Subject Transaction”), as applicable, had occurred on
the first day of the period consisting of the four consecutive fiscal quarters of the Borrower ending on the last day of the fiscal quarter most recently ended for which financial statements have been delivered pursuant to Section 8.01,
(ii) calculating Total Funded Debt as of the date of the Subject Transaction (after giving effect to the Subject Transaction and the incurrence of any Debt in such Subject Transaction, but excluding Debt owed to the Borrower or any Restricted
Subsidiary) and (iii) otherwise making such calculations in accordance with Regulation S-X of the SEC or (b) calculating whether the Recognized Value Ratio is greater than or equal to 2.00 to 1.00 as if a Subject Transaction had occurred
on the first day of the period consisting of the four consecutive fiscal quarters of the Borrower ending on the last day of the fiscal quarter most recently ended for which financial statements have been delivered pursuant to
Section 8.01, in each case on a pro forma basis. 
 “Property” means any interest in any kind of
property or asset, whether real, personal or mixed, or tangible or intangible, including, without limitation, cash, securities, accounts and contract rights. 
 “Proved Reserves” means “Proved Reserves” as defined in the Definitions for Oil and Gas Reserves (in this paragraph, the “Definitions”) promulgated by the Society of
Petroleum Engineers (or any generally recognized successor) as in effect at the time in question. 
 “Purchase Money
Debt” means Debt (a) consisting of the deferred purchase price of property, plant and equipment, conditional sale obligations, obligations under any title retention agreement and other obligations incurred in connection with the
acquisition, construction or improvement of such asset, in each case where the amount of such Debt does not exceed the greater of (i) the cost of the asset being financed and (ii) the fair market value of such asset, and (b) incurred
to finance such acquisition, construction or improvement by the Borrower or a Restricted Subsidiary of such asset; provided however that such Debt is incurred within 180 days after such acquisition or the completion of such construction or
improvement. 
 “Qualifying APL Units” means APL Units that are owned by a Loan Party and subject to a first
priority Lien in favor of the Administrative Agent pursuant to the Loan Documents, which Lien is perfected by “control” in accordance with the applicable Uniform Commercial Code including, without limitation, Section 8.106, 9.106 and
9.314 thereof. 
 “Qualifying ARP Units” means APL Units that are owned by a Loan Party and subject to a first
priority Lien in favor of the Administrative Agent pursuant to the Loan Documents, which Lien is perfected by “control” in accordance with the applicable Uniform Commercial Code including, without limitation, Section 8.106, 9.106 and
9.314 thereof. 
 “Recognized Value” means of as any date of determination the sum of (a) the O&G
Collateral Recognized Value Component, (b) the APL Recognized Value Component, (c) the ARP Recognized Value Component and (d) the General Partner Recognized Value Component. 

“Recognized Value Ratio” means, at any time of determination, the ratio of Recognized Value to Total Funded Debt at such
time. 
 “Recognized Value Trigger Date” has the meaning assigned such term in Section 3.04(d)(i).


  
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 “Redemption” means with respect to any Debt, the repurchase, redemption,
prepayment, repayment or defeasance (or the segregation of funds with respect to any of the foregoing) of such Debt. “Redeem” has the correlative meaning thereto. 

“Register” has the meaning assigned such term in Section 12.04(b)(iv). 

“Registration Rights Agreement” means any Registration Rights Agreement entered into among any Loan Party, any issuer of
Equity Interests owned by such Loan Party and the Administrative Agent, as the same may be amended, modified or supplemented from time to time. 
 “Regulation D” means Regulation D of the Board, as the same may be amended, supplemented or replaced from time to time. 

“Related Parties” means, with respect to any specified Person, such Person’s Affiliates and the respective
directors, officers, employees, agents and advisors (including attorneys, accountants and experts) of such Person and such Person’s Affiliates. 
 “Release” means any depositing, spilling, leaking, pumping, pouring, placing, emitting, discarding, abandoning, emptying, discharging, migrating, injecting, escaping, leaching, dumping,
or disposing. 
 “Remedial Work” has the meaning assigned such term in Section 8.09. 

“Required Mortgage Value” means, as of any date of determination, an amount equal to 80% of the aggregate value
attributed to all Oil and Gas Properties directly owned (whether in fee or by leasehold) by the Loan Parties in the evaluation of such Properties reflected in the most recent Reserve Report. 

“Reserve Report” means a report, in form and substance reasonably satisfactory to the Administrative Agent, setting
forth, as of each December 31 or June 30 (or such other date in the event of an Interim Redetermination), the oil and gas reserves attributable to the Oil and Gas Properties of the Loan Parties, together with a projection of the rate of
production and future net income, taxes, operating expenses and capital expenditures with respect thereto as of such date, consistent with SEC reporting requirements at the time, together with a supplement indicating future net income based upon
Strip Prices then, in effect, in each case reflecting Swap Agreements in place with respect to such production. Each Reserve Report shall include a report on a well by well basis reflecting the working and revenue interests for the Borrower and each
Guarantor and such other information and in such form as may be reasonably requested by the Administrative Agent. 

“Responsible Officer” means, as to any Person, the Chief Executive Officer, the Chief Operating Officer, the President,
any Financial Officer or any Vice President of such Person. Unless otherwise specified, all references to a Responsible Officer herein shall mean a Responsible Officer of the Borrower. 

“Restricted Payment” means any dividend or other distribution (whether in cash, securities or other Property) with
respect to any Equity Interests in any Person (including any return of capital), or any payment (whether in cash, securities or other Property), including any sinking fund or similar deposit, on account of the purchase, redemption, retirement,
acquisition, cancellation or termination of any such Equity Interests or any option, warrant or other right to acquire any such Equity Interests. 
 “Restricted Subsidiary” means any Subsidiary other than an Unrestricted Subsidiary. 
 “Revolving Credit Agreement” means that certain Amended & Restated Credit Agreement dated as of the date hereof among the Borrower, the Revolving Loan Agent and the Revolving
Lenders, as amended, restated, supplemented or otherwise modified or any Refinancing (as defined in the Intercreditor Agreement) thereof, but only to the extent permitted under the terms of the Intercreditor Agreement. 

  
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 “Revolving Debt” means the “Indebtedness” as defined in the
Revolving Credit Agreement, subject to the terms of the Intercreditor Agreement. 
 “Revolving Lenders” means
the “Lenders” from time to time party to the Revolving Credit Agreement. 
 “Revolving Loan Agent”
means the “Administrative Agent” under the Revolving Credit Agreement. 
 “Revolving Loan Documents”
means the Revolving Credit Agreement and the other “Loan Documents” as defined in the Revolving Credit Agreement. 

“Revolving Loans” means the loans made by the Lenders to the Borrower pursuant to the Revolving Credit Agreement.

 “Rolling Period” means for the fiscal quarter ending on September 30, 2013 and for each fiscal quarter
thereafter, any period of four (4) consecutive fiscal quarters ending on the last day of such applicable fiscal quarter. 

“SEC” means the U.S. Securities and Exchange Commission or any successor Governmental Authority. 

“Secured Creditors” shall have the meaning assigned to such term in the Security Agreement. 

“Secured Swap Agreement” means a Swap Agreement between the Borrower or any other Loan Party and a Person who was the
Administrative Agent, a Lender or an Affiliate of the Administrative Agent or a Lender at the time that such Swap Agreement was entered into, but excluding (i) any additional transactions or confirmations entered into after such Person ceases
to be a Lender or an Affiliate of a Lender and (ii) with respect to any Loan Party, Excluded Swap Obligations of such Loan Party; provided that any such Swap Agreement shall cease to be a “Secured Swap Agreement” after
assignment by the Administrative Agent, such Lender or Affiliate of the Administrative Agent or a Lender of such Swap Agreement to a Person that is not a Lender or an Affiliate of a Lender. 

“Security Agreement” means the Security Agreement among the Borrower, the Guarantors and the Administrative Agent dated
as of the date hereof, as the same may be amended, modified or supplemented from time to time. 
 “Security Agreement
Supplement” means a supplement to the Security Agreement in the form of Annex 1 to the Security Agreement or any other form reasonably approved by the Administrative Agent. 

“Security Instruments” means the Guaranty Agreement, the Security Agreement, all Mortgages, all Registration Rights
Agreements and other agreements, instruments or stock certificates described or referred to in Exhibit E, and any and all other agreements or instruments now or hereafter executed and delivered by any Loan Party or any other Person (other
than Swap Agreements or agreements regarding the provision of Bank Products with the Administrative Agent, a Lender or any Affiliate of the Administrative Agent or a Lender) participation or similar agreements between any Lender and any other lender
or creditor with respect to any Indebtedness pursuant to this Agreement) as security for the payment or performance of, or to perfect the grant of a Lien to secure obligations under, the Indebtedness, the Notes, if any, or this Agreement, as such
agreements may be amended, modified, supplemented or restated from time to time. 

  
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 “Seller” has the meaning provided in the Recitals. 

“S&P” means Standard & Poor’s Ratings Group, a division of The McGraw-Hill Companies, Inc., and any
successor thereto that is a nationally recognized rating agency. 
 “Sole Management Control” means, with
respect to any Person, the ability, through voting power, by contract or otherwise, to direct all limited partnership actions of such Person without requiring the approval, consent, or vote of any other Person to the extent such approval, consent or
vote is not required for such actions as of the Effective Date. 
 “Solvent” means when used with respect to
any Person, means that, as of any date of determination, (a) the amount of the “present fair saleable value” of the assets of such Person will, as of such date, exceed the amount of all “liabilities of such Person, contingent or
otherwise”, as of such date, as such quoted terms are determined in accordance with applicable federal and state laws governing determinations of the insolvency of debtors, (b) the present fair saleable value of the assets of such Person
will, as of such date, be greater than the amount that will be required to pay the liability of such Person on its debts as such debts become absolute and matured, (c) such Person will not have, as of such date, an unreasonably small amount of
capital with which to conduct its business, and (d) such Person will be able to pay its debts as they mature. 

“Statutory Reserve Rate” means a fraction (expressed as a decimal), the numerator of which is the number one and the
denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to which the Administrative
Agent is subject for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to such Regulation D. Eurodollar Loans shall
be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any
comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage. 
 “Strip Price” shall mean, at any time, (a) for the remainder of the current calendar year, the average NYMEX Pricing for the remaining contracts in the current calendar year,
(b) for each of the succeeding four complete calendar years, the average NYMEX Pricing for the twelve months in each such calendar year, and (c) for each calendar year thereafter, the average NYMEX Pricing for the twelve months in such
fourth calendar year. 
 “Subsidiary” means, with respect to any Person (the “parent”), any
other Person of which at least a majority of the outstanding Equity Interests having by the terms thereof ordinary voting power to elect a majority of the board of directors, manager or other governing body of such Person (irrespective of whether or
not at the time Equity Interests of any other class or classes of such Person shall have or might have voting power by reason of the happening of any contingency) is at the time directly or indirectly owned or controlled by the parent and/or one or
more of its Subsidiaries. Unless otherwise indicated herein, each reference to the term “Subsidiary” means a Subsidiary of the Borrower. 
 “Super Majority Lenders” means, subject to Section 12.04(b)(ii)(D)(4), Lenders holding at least 66 2/3% of the outstanding aggregate principal amount of the Loans (without regard to any sale by a Lender of a participation in any Loan under Section 12.04(c)). 

  
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 “Swap” means any agreement, contract, or transaction that constitutes a
“swap” within the meaning of section 1a(47) of the Commodity Exchange Act. 
 “Swap Agreement” means
(a) any and all rate swap transactions, basis swaps, credit derivative transactions, forward rate transactions, commodity swaps, commodity options, forward commodity contracts, equity or equity index swaps or options, bond or bond price or bond
index swaps or options or forward bond or forward bond price or forward bond index transactions, interest rate options, forward foreign exchange transactions, cap transactions, floor transactions, collar transactions, currency swap transactions,
cross-currency rate swap transactions, currency options, spot contracts, or any other similar transactions or any combination of any of the foregoing (including any options to enter into any of the foregoing), whether or not any such transaction is
governed by or subject to any master agreement, and (b) any and all transactions of any kind, and the related confirmations, which are subject to the terms and conditions of, or governed by, any form of master agreement published by the
International Swaps and Derivatives Association, Inc., any International Foreign Exchange Master Agreement, or any other master agreement (any such master agreement, together with any related schedules, a “Master Agreement”),
including any such obligations or liabilities under any Master Agreement. 
 “Swap Obligation” means, with
respect to any Person, any obligation to pay or perform under any Swap. 
 “Synthetic Leases” means, in respect
of any Person, all leases which shall have been, or should have been, in accordance with GAAP, treated as operating leases on the financial statements of the Person liable (whether contingently or otherwise) for the payment of rent thereunder and
which were properly treated as indebtedness for borrowed money for purposes of U.S. federal income taxes, if the lessee in respect thereof is obligated to either purchase for an amount in excess of, or pay upon early termination an amount in excess
of, 80% of the residual value of the Property subject to such operating lease upon expiration or early termination of such lease. 
 “Taxes” means any and all present or future taxes, levies, imposts, duties, deductions, charges or withholdings imposed by any Governmental Authority, including interest, additions to tax
and any penalties attributable thereto. 
 “Termination Date” means the earlier of the Maturity Date and the
date of termination of the Commitments. 
 “Total Funded Debt” means, at any date, all Debt of the Borrower and
the Restricted Subsidiaries on a consolidated basis other than (i) contingent obligations in respect of Debt described in clause (b) of the definition of “Debt”, and (ii) Debt described in clauses (c), (j), (k), and
(m) of the definition of “Debt”. For the avoidance of doubt, “Total Funded Debt” shall not include “asset retirement obligations” as such term is used in ASC Topic 410 to the extent such term relates to the
plugging and abandonment of wells. 
 “Transactions” means, (i) the consummation of the Acquisition and
(ii) with respect to (a) the Borrower, the execution, delivery and performance by the Borrower of this Agreement and each other Loan Document to which it is a party, the borrowing of Loans, the use of the proceeds thereof, and the grant of
Liens by the Borrower on Collateral pursuant to the Security Instruments, (b) each Guarantor, the execution, delivery and performance by such Guarantor of each Loan Document, the guaranteeing of the Indebtedness and the other obligations under
the Guaranty Agreement by such Guarantor and such Guarantor’s grant of the security interests and provision of collateral thereunder, and the grant of Liens by such Guarantor on Collateral pursuant to the Security Instruments. 

  
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 “Transferee” means any Assignee or Participant. 

“Type”, when used in reference to any Loan or Borrowing, refers to whether the rate of interest on such Loan, or on the
Loans comprising such Borrowing, is determined by reference to the Alternate Base Rate or the Adjusted LIBO Rate. 

“UCC” means the Uniform Commercial Code as in effect from time to time in the State of New York. 

“Unrestricted Subsidiary” means (a) any Subsidiary designated as such on Schedule 7.15 or which the Borrower
has designated in writing to the Administrative Agent to be an Unrestricted Subsidiary pursuant to Section 9.19 and (b) any Subsidiary of an Unrestricted Subsidiary. 

“U.S. Tax Compliance Certificate” has the meaning set forth in Section 5.03(e). 

“Wholly-Owned Subsidiary” means any Subsidiary of which all of the outstanding Equity Interests (other than any
directors’ qualifying shares mandated by applicable law), on a fully-diluted basis, are owned by the Borrower or one or more of the Wholly-Owned Subsidiaries or by the Borrower and one or more of the Wholly-Owned Subsidiaries. 

“Withholding Agent” means any Loan Party or the Administrative Agent. 

Section 1.03 Types of Loans and Borrowings. For purposes of this Agreement, Loans and Borrowings, respectively, may be
classified and referred to by Type (e.g., a “Eurodollar Loan” or a “Eurodollar Borrowing”). 

Section 1.04 Terms Generally; Rules of Construction. The definitions of terms herein shall apply equally to the
singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include”, “includes” and “including” shall
be deemed to be followed by the phrase “without limitation.” The word “will” shall be construed to have the same meaning and effect as the word “shall.” Unless the context requires otherwise (a) any definition of
or reference to any agreement, instrument or other document herein shall be construed as referring to such agreement, instrument or other document as from time to time amended, supplemented or otherwise modified (subject to any restrictions on such
amendments, supplements or modifications set forth herein), (b) any reference herein to any law shall be construed as referring to such law as amended, modified, codified or reenacted, in whole or in part, and in effect from time to time,
(c) any reference herein to any Person shall be construed to include such Person’s successors and assigns (subject to the restrictions contained herein), (d) the words “herein”, “hereof” and “hereunder”,
and words of similar import, shall be construed to refer to this Agreement in its entirety and not to any particular provision hereof, (e) with respect to the determination of any time period, the word “from” means “from and
including” and the word “to” means “to and including,” and (f) any reference herein to Articles, Sections, Annexes, Exhibits and Schedules shall be construed to refer to Articles and Sections of, and Annexes, Exhibits
and Schedules to, this Agreement. 
 Section 1.05 Accounting Terms and Determinations. 

(a) Unless otherwise specified herein, all terms of an accounting or financial nature shall be construed in accordance with GAAP, as in
effect from time to time; provided that if the Borrower notifies the Administrative Agent that the Borrower requests an amendment to any provision hereof to eliminate the effect of any change occurring after the date hereof in GAAP or in the
application thereof on the operation of such provision (or if the Administrative Agent notifies the Borrower that the Majority Lenders 

  
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request an amendment to any provision hereof for such purpose), regardless of whether any such notice is given before or after such change in GAAP or in the application thereof, then such
provision shall be interpreted on the basis of GAAP as in effect and applied immediately before such change shall have become effective until such notice shall have been withdrawn or such provision amended in accordance herewith. 

(b) Notwithstanding GAAP or anything in this Agreement to the contrary, for the purposes of calculating the ratios that are the subject
of Section 9.01 hereof and the components of each of them, all Unrestricted Subsidiaries (including the assets, liabilities, income, losses, cash flows and elements thereof of each of the foregoing) shall be excluded, except that any
cash dividends or distributions paid by any Person to Borrower or any Restricted Subsidiary during any fiscal period and received by it on or prior to the earlier of (i) the date the financial statements with respect to such fiscal period
referred to in Section 8.01(a) and (b) are delivered by the Borrower to the Administrative Agent and (ii) the date that is 45 days following the end of such fiscal period, shall be deemed to be income to the Borrower or such
Restricted Subsidiary, as applicable, for such fiscal period whether or not constituting income in accordance with GAAP. 

ARTICLE II 
 THE
CREDITS 
 Section 2.01 Commitments. Subject to the terms and conditions set forth herein, each Lender agrees
to make a Loan to the Borrower on the Effective Date in the amount of its Maximum Credit Amount. Amounts repaid or prepaid in respect of the Loans may not be reborrowed. 
 Section 2.02 Loans and Borrowings. 
 (a) Borrowings; Several
Obligations. Each Loan shall be made as part of a Borrowing consisting of Loans made by the Lenders ratably in accordance with their respective Commitments. The failure of any Lender to make any Loan required to be made by it shall not relieve
any other Lender of its obligations hereunder; provided that the Commitments are several and no Lender shall be responsible for any other Lender’s failure to make Loans as required. 

(b) Types of Loans. Subject to Section 3.03, each Borrowing shall be comprised entirely of ABR Loans or Eurodollar
Loans as the Borrower may request in accordance herewith. Each Lender at its option may make any Eurodollar Loan by causing any domestic or foreign branch or Affiliate of such Lender to make such Loan; provided that any exercise of such
option shall not affect the obligation of the Borrower to repay such Loan in accordance with the terms of this Agreement. 
 (c)
Minimum Amount; Limitation on Number of Borrowings. At the commencement of each Interest Period for any Eurodollar Borrowing, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than
$1,000,000. At the time that each ABR Borrowing is made, such Borrowing shall be in an aggregate amount that is an integral multiple of $100,000 and not less than $1,000,000. Borrowings of more than one Type may be outstanding at the same time;
provided that there shall not at any time be more than a total of five (5) Eurodollar Borrowings outstanding. Notwithstanding any other provision of this Agreement, the Borrower shall not be entitled to request, or to elect to convert or
continue, any Borrowing if the Interest Period requested with respect thereto would end after the Maturity Date or Incremental Loan Maturity Date, as applicable. 
 (d) Notes. If a Lender shall make a written request to the Administrative Agent and the Borrower to have its Loans evidenced by a promissory note, then the Borrower shall execute and deliver a


  
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single promissory note of the Borrower in substantially the form of Exhibit A, payable to such Lender in a principal amount equal to its Maximum Credit Amount as then in effect, and
otherwise duly completed. The date, amount, Type, interest rate and, if applicable, Interest Period of each Loan made by each Lender, and all payments made on account of the principal thereof, may be recorded by such Lender on its books for its
Note, and, prior to any transfer, may be endorsed by such Lender on a schedule attached to such Note or any continuation thereof or on any separate record maintained by such Lender; provided that the failure to make any such notation or to
attach a schedule shall not affect any Lender’s or the Borrower’s rights or obligations in respect of such Loans or affect the validity of such transfer by any Lender of its Note. 

Section 2.03 Requests for Borrowings. To request a Borrowing, the Borrower shall notify the Administrative Agent of
such request by telephone or by written Borrowing Request in substantially the form of Exhibit B and signed by the Borrower (a “written Borrowing Request”): (a) in the case of a Eurodollar Borrowing, not later than 1:00
p.m., New York, New York time, three (3) Business Days before the date of the proposed Borrowing or (b) in the case of an ABR Borrowing, not later than 11:00 a.m., New York, New York time, on the date of the proposed Borrowing. The
Borrowing Request shall be irrevocable and if a telephonic Borrowing Request it shall be confirmed promptly by hand delivery or telecopy to the Administrative Agent of a written Borrowing Request. The Borrowing Request shall specify the following
information in compliance with Section 2.02: the aggregate amount of the requested Borrowing; the date of such Borrowing, which shall be a Business Day; whether such Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; in the
case of a Eurodollar Borrowing, the initial Interest Period to be applicable thereto, which shall be a period contemplated by the definition of the term “Interest Period”; and the location and number of the Borrower’s account
to which funds are to be disbursed, which shall comply with the requirements of Section 2.05. 
 If no election as
to the Type of Borrowing is specified, then the requested Borrowing shall be an ABR Borrowing. If no Interest Period is specified with respect to any requested Eurodollar Borrowing, then the Borrower shall be deemed to have selected an Interest
Period of one month’s duration. 
 Promptly following receipt of the Borrowing Request in accordance with this
Section 2.03, the Administrative Agent shall advise each Lender of the details thereof and of the amount of such Lender’s Loan to be made as part of the requested Borrowing. 

Section 2.04 Interest Elections. 
 (a) Conversion and Continuance. The Borrowing initially shall be of the Type specified in the Borrowing Request and, in the case of a Eurodollar Borrowing, shall have an initial Interest Period as
specified in such Borrowing Request. Thereafter, the Borrower may elect to convert such Borrowing to a different Type or to continue such Borrowing and, in the case of a Eurodollar Borrowing, may elect Interest Periods therefor, all as provided in
this Section 2.04. The Borrower may elect different options with respect to different portions of the affected Borrowing, in which case each such portion shall be allocated ratably among the Lenders holding the Loans comprising such
Borrowing, and the Loans comprising each such portion shall be considered a separate Borrowing. 
 (b) Interest Election
Requests. To make an election pursuant to this Section 2.04, the Borrower shall notify the Administrative Agent of such election by telephone or by a written Interest Election Request in substantially the form of Exhibit C and
signed by the Borrower (a “written Interest Election Request”) by the time that a Borrowing Request would be required under Section 2.03 if the Borrower were requesting a Borrowing of the Type resulting from such
election to be made on the effective date of such election. Each telephonic and written Interest Election Request shall be irrevocable and each telephonic Interest Election Request shall be confirmed promptly by hand delivery or telecopy to the
Administrative Agent. 

  
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 (c) Information in Interest Election Requests. Each telephonic and written Interest
Election Request shall specify the following information in compliance with Section 2.02:  
 (i) the
Borrowing to which such Interest Election Request applies and, if different options are being elected with respect to different portions thereof, the portions thereof to be allocated to each resulting Borrowing (in which case the information to be
specified pursuant to Section 2.04(c)(iii) and (iv) shall be specified for each resulting Borrowing); 
 (ii) the effective date of the election made pursuant to such Interest Election Request, which shall be a Business Day; 

(iii) whether the resulting Borrowing is to be an ABR Borrowing or a Eurodollar Borrowing; and 

(iv) if the resulting Borrowing is a Eurodollar Borrowing, the Interest Period to be applicable thereto after giving
effect to such election, which shall be a period contemplated by the definition of the term “Interest Period”. 

If any such Interest Election Request requests a Eurodollar Borrowing but does not specify an Interest Period, then the Borrower shall be
deemed to have selected an Interest Period of one month’s duration. 
 (d) Notice to Lenders by the Administrative
Agent. Promptly following receipt of an Interest Election Request, the Administrative Agent shall advise each Lender of the details thereof and of such Lender’s portion of each resulting Borrowing. 

(e) Effect of Failure to Deliver Timely Interest Election Request and Events of Default on Interest Election. If the Borrower
fails to deliver a timely Interest Election Request with respect to a Eurodollar Borrowing prior to the end of the Interest Period applicable thereto, then, unless such Borrowing is repaid as provided herein, at the end of such Interest Period such
Borrowing shall be converted to an ABR Borrowing. Notwithstanding any contrary provision hereof, if an Event of Default has occurred and is continuing and the Administrative Agent, at the request of the Majority Lenders, so notifies the Borrower,
then, so long as an Event of Default is continuing: (i) no outstanding Borrowing may be converted to or continued as a Eurodollar Borrowing (and any Interest Election Request that requests the conversion of any Borrowing to, or continuation of
any Borrowing as, a Eurodollar Borrowing shall be ineffective) and (ii) unless repaid, each Eurodollar Borrowing shall be converted to an ABR Borrowing at the end of the Interest Period applicable thereto. 

Section 2.05 Funding of Borrowings. 
 (a) Funding by Lenders. Each Lender shall make its Loan on the proposed date thereof by wire transfer of immediately available funds by 1:00 p.m., New York, New York time, to the account of the
Administrative Agent most recently designated by it for such purpose by notice to the Lenders. The Administrative Agent will make such Loans available to the Borrower by promptly crediting the amounts so received, in like funds, to an account
designated by the Borrower in the applicable Borrowing Request. 
 (b) Presumption of Funding by the Lenders. Unless the
Administrative Agent shall have received notice from a Lender prior to the proposed date of the Borrowing (or, in the case of any ABR Borrowing, 

  
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prior to 12:00 p.m., New York, New York time, on the date of such Borrowing) that such Lender will not make available to the Administrative Agent such Lender’s share of the Borrowing, the
Administrative Agent may assume that such Lender has made such share available on such date in accordance with Section 2.05(a) and may, in reliance upon such assumption, make available to the Borrower a corresponding amount. In such
event, if a Lender has not in fact made its share of the Borrowing available to the Administrative Agent, then the applicable Lender and the Borrower severally agree to pay to the Administrative Agent forthwith on demand such corresponding amount
with interest thereon, for each day from and including the date such amount is made available to the Borrower to but excluding the date of payment to the Administrative Agent, at (i) in the case of such Lender, the greater of the Federal Funds
Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation or (ii) in the case of the Borrower, the interest rate applicable to ABR Loans. If such Lender pays such amount
to the Administrative Agent, then such amount shall constitute such Lender’s Loan included in such Borrowing. No payment required and made by the Borrower under this paragraph will be subject to any break-funding payment under
Section 5.02. 
 Section 2.06 Increase in Commitments. 

(a) Borrower Request. The Borrower may by written notice to the Administrative Agent elect to request the establishment of one or
more new Commitments (each, an “Incremental Commitment”) by an amount not in excess of $25,000,000 in the aggregate and not less than $5,000,000 individually. Each such notice shall specify (i) the date (each, an
“Increase Effective Date”) on which Borrower proposes that the increased or new Commitments shall be effective, which shall be a date not less than 10 Business Days after the date on which such notice is delivered to the
Administrative Agent and (ii) the identity of each Assignee to whom Borrower proposes any portion of such increased or new Commitments be allocated and the amounts of such allocations; provided that any existing Lender approached to
provide all or a portion of the increased or new Commitments may elect or decline, in its sole discretion, to provide such increased or new Commitment. 
 (b) Conditions. The increased or new Commitments shall become effective, as of such Increase Effective Date; provided that: 

(i) each of the conditions set forth in Section 6.02 shall be satisfied; 

(ii) no Default shall have occurred and be continuing or would result from the borrowings to be made on the Increase
Effective Date; 
 (iii) after giving pro forma effect to the borrowings to be made on the Increase Effective
Date and to any change in EBITDA and any increase in Indebtedness resulting from the consummation of any acquisitions permitted pursuant to Section 9.05(l) concurrently with such borrowings as of the date of the most recent financial
statements delivered pursuant to Section 7.01(a) or (b), Borrower shall be in compliance with the financial covenant set forth in Section 9.01; and 

(iv) Borrower shall deliver or cause to be delivered any legal opinions or other documents reasonably requested by the
Administrative Agent in connection with any such transaction. 
 (c) Terms of New Loans and Commitments. The terms and
provisions of Loans made pursuant to the new Commitments shall be as follows: 
 (i) terms and provisions of
Loans made pursuant to Incremental Commitments (“Incremental Loans”) shall be, except as otherwise set forth herein or in the Increase Joinder, identical to the Loans (it being understood that Incremental Loans may be a part of the
Loans); 

  
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 (ii) the weighted average life to maturity of any Incremental Loans shall be
no shorter than the weighted average life to maturity of the existing Loans; 
 (iii) the maturity date of
Incremental Loans (the “Incremental Loan Maturity Date”) shall not be earlier than the Maturity Date; 
 (iv) the Applicable Margins for the Incremental Loans shall be determined by Borrower and the Lenders of the Incremental Loans; provided that in the event that the Applicable Margins for any
Incremental Loans are greater than the Applicable Margins for the Loans, then the Applicable Margins for the Loans shall be increased to the extent necessary so that the Applicable Margins for the Incremental Loans are not more than 0.50% greater
than the Applicable Margins for the Loans; provided, further, that in determining the Applicable Margins applicable to the Loans and the Incremental Loans, (x) original issue discount (“OID”) or upfront fees
(which shall be deemed to constitute like amounts of OID) payable by Borrower to the Lenders of the Loans or the Incremental Loans in the primary syndication thereof shall be included (with OID being equated to interest based on an assumed four-year
life to maturity), (y) customary arrangement or commitment fees payable to the Arrangers (or their affiliates) in connection with the Loans or to one or more arrangers (or their affiliates) of the Incremental Loans shall be excluded and
(z) if the Adjusted LIBO Rate or Alternate Base Rate “floor” for the Incremental Loans is greater than the Adjusted LIBO Rate or Alternate Base Rate “floor,” respectively, for the Loans, the difference between such floor for
the Incremental Loans and the Loans shall be equated to an increase in the Applicable Margin for purposes of this clause (v); and 
 (v) to the extent that the terms and provisions of Incremental Loans are not identical to the Loans (except to the extent permitted by clause (iv) or (v) above) they shall be reasonably
satisfactory to the Administrative Agent. 
 The increased or new Commitments shall be effected by a joinder agreement (the “Increase
Joinder”) executed by Borrower, the Administrative Agent and each Lender making such increased or new Commitment, in form and substance satisfactory to each of them. The Increase Joinder may, without the consent of any other Lenders, effect
such amendments to this Agreement and the other Loan Documents as may be necessary or appropriate, in the opinion of the Administrative Agent, to effect the provisions of this Section 2.06. In addition, unless otherwise specifically
provided herein, all references in Loan Documents to Loans shall be deemed, unless the context otherwise requires, to include references to Incremental Loans that are Loans, made pursuant to this Agreement. 

(d) Making of New Term Loans. On any Increase Effective Date on which new Commitments for Loans are effective, subject to the
satisfaction of the foregoing terms and conditions, each Lender of such new Commitment shall make a Loan to Borrower in an amount equal to its new Commitment. 
 (e) Equal and Ratable Benefit. The Loans and Commitments established pursuant to this paragraph shall constitute Loans and Commitments under, and shall be entitled to all the benefits afforded by,
this Agreement and the other Loan Documents, and shall, without limiting the foregoing, benefit equally and ratably from the guarantees and security interests created by the Security Instruments, except that the new Loans may be subordinated in
right of payment or the Liens securing the new Loans may be subordinated, in each case, as set forth in the Increase Joinder. The Loan Parties shall take any 

  
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actions reasonably required by the Administrative Agent to ensure and/or demonstrate that the Lien and security interests granted by the Security Instruments continue to be perfected under the
UCC or otherwise after giving effect to the establishment of any such Loans or any such new Commitments. 
 ARTICLE III

 PAYMENTS OF PRINCIPAL AND INTEREST; PREPAYMENTS; FEES 

Section 3.01 Repayment of Loans. The Borrower shall repay to the Administrative Agent for the ratable account of the
Lenders on each date set forth below the principal amount of Loans set forth below opposite such date: 
  

					
	 Date
	  	Repayment Amount	 
	 December 31, 2013
	  	$	600,000	  
	 March 31, 2014
	  	$	600,000	  
	 June 30, 2014
	  	$	600,000	  
	 September 30, 2014
	  	$	600,000	  
	 December 31, 2014
	  	$	600,000	  
	 March 31, 2015
	  	$	600,000	  
	 June 30, 2015
	  	$	600,000	  
	 September 30, 2015
	  	$	600,000	  
	 December 31, 2015
	  	$	600,000	  
	 March 31, 2016
	  	$	600,000	  
	 June 30, 2016
	  	$	600,000	  
	 September 30, 2016
	  	$	600,000	  
	 December 31, 2016
	  	$	600,000	  
	 March 31, 2017
	  	$	600,000	  
	 June 30, 2017
	  	$	600,000	  
	 September 30, 2017
	  	$	600,000	  
	 December 31, 2017
	  	$	600,000	  
	 March 31, 2018
	  	$	600,000	  
	 June 30, 2018
	  	$	600,000	  
	 September 30, 2018
	  	$	600,000	  
	 December 31, 2018
	  	$	600,000	  
	 March 31, 2019
	  	$	600,000	  
	 June 30, 2019
	  	$	600,000	  
	 Maturity Date
	  	$
 
 	226,200,000
or remaining
balance	  
  
  

 Section 3.02 Interest. 

(a) ABR Loans. The Loans comprising each ABR Borrowing shall bear interest at the Alternate Base Rate plus the Applicable Margin.

 (b) Eurodollar Loans. The Loans comprising each Eurodollar Borrowing shall bear interest at the Adjusted LIBO Rate for
the Interest Period in effect for such Borrowing plus the Applicable Margin. 
 (c) Post-Default Rate. Notwithstanding
the foregoing, if any principal of or interest on any Loan or any fee or other amount payable by the Borrower or any other Loan Party hereunder or under any 

  
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other Loan Document is not paid when due, whether at stated maturity, upon acceleration or otherwise, such overdue amount shall bear interest, after as well as before judgment, at a rate per
annum equal to 2.0% plus the rate applicable to ABR Loans as provided in Section 3.02(a), or if no rate is then applicable to such amount, at a rate per annum equal to 2.0% plus the highest rate then applicable to ABR Loans as provided
in Section 3.02(a). 
 (d) Interest Payment Dates. Accrued interest on each Loan shall be payable in arrears
on each Interest Payment Date for such Loan and on the Termination Date; provided that (i) interest accrued pursuant to Section 3.02(c) shall be payable on demand, (ii) in the event of any repayment or prepayment of any
Loan (other than a prepayment of an ABR Loan prior to the Termination Date), accrued interest on the principal amount repaid or prepaid shall be payable on the date of such repayment or prepayment, and (iii) in the event of any conversion of
any Eurodollar Loan prior to the end of the current Interest Period therefor, accrued interest on such Loan shall be payable on the effective date of such conversion. 
 (e) Interest Rate Computations. All interest hereunder shall be computed on the basis of a year of 360 days, except that interest computed by reference to the Alternate Base Rate at times when the
Alternate Base Rate is based on the Prime Rate shall be computed on the basis of a year of 365 days (or 366 days in a leap year), and in each case shall be payable for the actual number of days elapsed (including the first day but excluding the last
day). The applicable Alternate Base Rate, Adjusted LIBO Rate or LIBO Rate shall be determined by the Administrative Agent, and such determination shall be conclusive absent manifest error, and be binding upon the parties hereto. 

Section 3.03 Alternate Rate of Interest. If prior to the commencement of any Interest Period for a Eurodollar
Borrowing: 
 (a) the Administrative Agent determines (which determination shall be conclusive absent manifest
error) that adequate and reasonable means do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate for such Interest Period or the Administrative Agent is advised by the Majority Lenders that the Adjusted LIBO Rate or LIBO Rate, as
applicable, for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans included in such Borrowing for such Interest Period; 

(b) then the Administrative Agent shall give notice thereof to the Borrower and the Lenders by telephone or telecopy as
promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (i) any Interest Election Request that requests the conversion of
any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be ineffective, and (ii) if any Borrowing Request requests a Eurodollar Borrowing, such Borrowing shall be made as an ABR Borrowing. 

Section 3.04 Prepayments. 
 (a) Optional Prepayments. The Borrower shall have the right at any time and from time to time to prepay any Borrowing in whole or in part without premium (except in as set forth in
Section 3.04(c)), subject to prior notice in accordance with Section 3.04(b), but each prepayment must be in an amount that is an integral multiple of $100,000 and not less than $1,000,000. 

(b) Notice and Terms of Optional Prepayment. The Borrower shall notify the Administrative Agent by telephone (confirmed by
telecopy) of any prepayment hereunder (i) in the case of prepayment of a Eurodollar Borrowing, not later than 1:00 p.m., New York, New York time, three (3) Business Days before the date of prepayment, or (ii) in the case of prepayment
of an ABR Borrowing, not later than 1:00 

  
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p.m., New York, New York time, one Business Day prior to the date of prepayment. Each such notice shall be irrevocable and shall specify the prepayment date and the principal amount of each
Borrowing or portion thereof to be prepaid. Promptly following receipt of any such notice relating to a Borrowing, the Administrative Agent shall advise the Lenders of the contents thereof. Each partial prepayment of any Borrowing (other than
pursuant to Section 3.04(d)) shall be in an amount that would be permitted in the case of an advance of a Borrowing of the same Type as provided in Section 2.02. Each prepayment of a Borrowing shall be applied to the
remaining scheduled installments of principal thereof pursuant to Section 3.01 in a manner determined at the discretion of the Borrower and specified in the notice of prepayment (and absent such direction, in direct order of maturity).
Prepayments shall be accompanied by accrued interest to the extent required by Section 3.02. The Borrower shall promptly compensate any Lender for and hold such Lender harmless from any loss, cost or expense incurred by such Lender as a
result of any prepayment of Eurodollar Loans on a day prior to the last day of the Interest Period for such Loan pursuant to Section 5.02(a) hereof. 
 (c) Prepayment Premium. In the event that, the Borrower makes a prepayment of the Loans in accordance with Section 3.04(a) or Section 3.04(c) on a date that is (i) on
or prior to one year anniversary of the Effective Date, the Borrower shall pay to the Administrative Agent for the ratable account of each applicable Lender a prepayment premium of 2.0% of the amount of the Loans being prepaid and (ii) after
the one year anniversary of the Effective Date but on or before the two year anniversary of the Effective Date, the Borrower shall pay to the Administrative Agent, for the ratable account of each applicable Lender a prepayment premium of 1.0% of the
amount of the Loans repaid or (iii) after the two year anniversary of the Effective Date, no prepayment premium shall be payable on the amounts of the Loans repaid. In the event that, the Borrower makes a prepayment of the Loans in accordance
with Section 3.04(d)(ii) on a date that is (i) on or prior to the two year anniversary of the Effective Date, the Borrower shall pay to the Administrative Agent for the ratable account of each applicable Lender a prepayment premium
of 1.0% of the amount of the Loans being prepaid or (ii) after the two year anniversary of the Effective Date, no prepayment premium shall be payable on the amounts of the Loans repaid. 

(d) Mandatory Prepayments. 
 (i) If, at any time, the Recognized Value Ratio is less than 2.00 to 1.00, the Borrower shall (A) prepay Loans outstanding hereunder and Revolving Loans outstanding under the Revolving Credit
Agreement in an aggregate principal amount necessary to achieve a Recognized Value Ratio greater than or equal to 2.00 to 1.00 (such prepayment to occur in proportion to the Total Funded Debt outstanding under this Agreement and under the Revolving
Credit Agreement). The Borrower shall make such prepayment on or prior to the tenth Business Day immediately following any date on which the Recognized Value is less than 2.00 to 1.00 (any such date, a “Recognized Value Trigger
Date”); provided that, in lieu of such prepayment, the Borrower may, within 30 days following such Recognized Value Trigger Date, grant to the Administrative Agent as security for the Indebtedness a valid first-priority Lien
(provided that Excepted Liens of the type described in clauses (a) to (d) and (f) of the definition thereof may exist, but subject to the provisos at the end of such definition) on additional Oil and Gas Properties comprised of Proved
Reserves to the extent necessary to cause the Recognized Value Ratio to become greater than or equal to 2.00 to 1.00. If the Borrower elects to cause the Recognized Value Ratio to become greater than or equal to 2.00 to 1.00 by providing additional
Collateral as set forth in the previous sentence, the Borrower shall deliver to the Administrative Agent written notice of its election to do so on or prior to the tenth Business Day immediately following such Recognized Value Trigger Date and,
notwithstanding anything to the contrary contained in this Agreement, any failure by the Borrower to timely deliver such notice or to timely provide such additional Collateral shall be deemed to be an Event of Default under Section 10.01(a)
with no notice or grace periods. 

  
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 (ii) (A) If the Borrower or any Restricted Subsidiary Disposes of all or any portion of
the Arkoma Assets to any Person other than a Loan Party, the Borrower shall make a mandatory prepayment, in accordance with Section 3.04(d)(ii)(C), of an aggregate principal amount of Loans equal to 100% of all such Net Cash Proceeds
realized or received from such Disposition; provided that after the two year anniversary of the Effective Date, no such prepayment shall be required pursuant to this Section 3.04(d)(ii)(A) with respect to such portion of such Net
Cash Proceeds that the Borrower shall have, on or prior to such date, given written notice to the Administrative Agent of its intent to reinvest in accordance with Section 3.04(d)(ii)(B) (which notice may only be provided if no Event of
Default has occurred and is then continuing and the Borrower is in Pro Forma Compliance with the covenant contained in Section 9.01). 
 (B) With respect to any Net Cash Proceeds realized or received with respect to any Disposition of Arkoma Assets following the second anniversary of the Effective, at the option of the Borrower (as
evidenced in a written notice of reinvestment election (a “Notice of Reinvestment Election”) delivered to the Administrative Agent within ten (10) Business Days after the date of realization or receipt of such Net Cash
Proceeds), the Borrower may reinvest all or any portion of such Net Cash Proceeds in assets useful for its business (other than working capital) within eighteen (18) months following receipt of such Net Cash Proceeds; provided that
(i) so long as an Event of Default shall have occurred and be continuing, the Borrower shall not be permitted to make any such reinvestments (other than pursuant to a legally binding commitment that the Borrower entered into at a time when no
Event of Default is continuing) and (ii) if any Net Cash Proceeds are not so reinvested by the deadline specified above, or if any such Net Cash Proceeds are no longer intended to be or cannot be so reinvested at any time after delivery of a
Notice of Reinvestment Election, an amount equal to 100% of such Net Cash Proceeds shall be applied, in accordance with Section 3.04(d)(ii)(C), to the prepayment of the Term Loans as set forth in this Section 3.04.

 (C) On each occasion that the Borrower must make a prepayment of the Loans pursuant to this Section 3.04(d)(ii),
the Borrower shall, within five (5) Business Days after the date of realization or receipt of such Net Cash Proceeds, make a prepayment, in accordance with Section 3.04(d)(v) below, of the principal amount of Loans in an amount
equal to 100% of such Net Cash Proceeds realized or received. 
 (iii) (A) Subject to Section 3.04(d)(iii)(B), if
(x) the Borrower or any Restricted Subsidiary Disposes of any property or assets (other than any Disposition of any property or assets permitted by Section 9.11(a), (d), (e), (g) or (h) and
other than any Disposition of all or any portion of the Arkoma Assets to any Subsidiary of a Loan Party) or (y) any Casualty Event occurs, which in the aggregate results in the realization or receipt by the Borrower or such Restricted
Subsidiary of Net Cash Proceeds, the Borrower shall make a mandatory prepayment, in accordance with Section 3.04(d)(iii)(C), of an aggregate principal amount of Loans equal to 100% of all such Net Cash Proceeds realized or received;
provided that no such prepayment shall be required pursuant to this Section 3.04(d)(iii)(A) with respect to such portion of such Net Cash Proceeds that the Borrower shall have, on or prior to such date, given written notice to the
Administrative Agent of its intent to reinvest in accordance with Section 3.04(d)(iii)(B) (which notice may only be provided if no Event of Default has occurred and is then continuing and, in the case of a Disposition pursuant to clause
(x) of this Section 3.04(d)(iii)(A), the Borrower is in Pro Forma Compliance with the covenant contained in Section 9.01). 
 (B) With respect to any Net Cash Proceeds realized or received with respect to any Disposition (other than any Disposition specifically excluded from the application of Section 3.04
(d)(iii)(A)) or any Casualty Event, at the option of the Borrower (as evidenced in a Notice of Reinvestment Election delivered to the Administrative Agent within ten (10) Business Days after the date of realization or receipt of such Net
Cash Proceeds), the Borrower may reinvest all or any portion of such Net Cash Proceeds in assets useful for its business (other than working capital) within eighteen (18) months following receipt of


  
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such Net Cash Proceeds; provided that (i) so long as an Event of Default shall have occurred and be continuing, the Borrower shall not be permitted to make any such reinvestments
(other than pursuant to a legally binding commitment that the Borrower entered into at a time when no Event of Default is continuing) and (ii) if any Net Cash Proceeds are not so reinvested by the deadline specified above, or if any such Net
Cash Proceeds are no longer intended to be or cannot be so reinvested at any time after delivery of a Notice of Reinvestment Election, an amount equal to 100% of such Net Cash Proceeds shall be applied, in accordance with
Section 3.04(d)(iii)(C), to the prepayment of the Term Loans as set forth in this Section 3.04. 
 (C)
On each occasion that the Borrower must make a prepayment of the Loans pursuant to this Section 3.04(d)(iii), the Borrower shall, within five (5) Business Days after the date of realization or receipt of such Net Cash Proceeds (or,
in the case of prepayments required pursuant to Section 3.04(d)(iii)(B), within five (5) Business Days of the deadline specified therein, or of the date the Borrower reasonably determines that such Net Cash Proceeds are no longer
intended to be or cannot be so reinvested, as the case may be), make a prepayment, in accordance with Section 3.04(d)(v) below, of the principal amount of Loans in an amount equal to 100% of such Net Cash Proceeds realized or received.

 (iv) If the Borrower or any Restricted Subsidiary issues or incurs any Indebtedness (other than Indebtedness permitted to be
incurred pursuant to Section 10.04 as in effect on the Effective Date), an amount equal to 100% of the Net Cash Proceeds of the respective incurrence of Indebtedness shall be applied on such date as a mandatory repayment and/or commitment
reduction in accordance with the requirements of Sections 3.04(d)(v) and (vi). 
 (v) Each prepayment of Loans
pursuant to this Section 3.04(d) shall be applied ratably to the outstanding installments thereof in direct order of maturity. Prepayments pursuant to this Section 3.04(d) shall be accompanied by accrued interest to the
extent required by Section 3.02. 
 (vi) The Borrower shall notify the Administrative Agent in writing of any
mandatory prepayment of Loans required to be made pursuant to clauses (i), (ii), (iii) and (iv) of this Section 3.04(d) at least five (5) Business Days prior to 1:00 p.m. on the date of such
prepayment. Each such notice shall specify the date of such prepayment and provide a reasonably detailed calculation of the amount of such prepayment. The Administrative Agent will promptly notify each Lender of the contents of the Borrower’s
prepayment notice and of such Lender’s pro rata share of the prepayment. 
 (e) No Premium or Penalty. Prepayments
permitted or required under this Section 3.04 shall be without premium or penalty, except as required under Section 3.04(c) and Section 5.02. 

Section 3.05 Fees. 
 The Borrower shall pay to the Administrative Agent for the account of each Lender fees payable in the amounts and at the times separately agreed upon by the Borrower and the Administrative Agent in the
Fee Letter. 
 ARTICLE IV 
 PAYMENTS; PRO RATA TREATMENT; SHARING OF SET-OFFS 
 Section 4.01
Payments Generally; Pro Rata Treatment; Sharing of Set-offs. 
 (a) Payments by the Borrower. The Borrower shall
make each payment required to be made by it hereunder (whether of principal, interest, fees, or of amounts payable under Section 5.01, Section  

  
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5.02, Section 5.03 or otherwise) prior to 12:00 noon, New York, New York time, on the date when due, in immediately available funds, without defense, deduction, recoupment,
set-off or counterclaim. Fees, once paid, shall be fully earned and shall not be refundable under any circumstances. Any amounts received after such time on any date may, in the discretion of the Administrative Agent, be deemed to have been received
on the next succeeding Business Day for purposes of calculating interest thereon. All such payments shall be made to the Administrative Agent at its offices specified in Section 12.01, except that payments pursuant to
Section 5.01, Section 5.02, Section 5.03 and Section 12.03 shall be made directly to the Persons entitled thereto. The Administrative Agent shall distribute any such payments received by it for the
account of any other Person to the appropriate recipient promptly following receipt thereof. If any payment hereunder shall be due on a day that is not a Business Day, the date for payment shall be extended to the next succeeding Business Day, and,
in the case of any payment accruing interest, interest thereon shall be payable for the period of such extension. All payments hereunder shall be made in dollars. 
 (b) Application of Insufficient Payments. If at any time prior the Termination Date, insufficient funds are received by and available to the Administrative Agent to pay fully all amounts of
principal, interest, fees and other amounts then due hereunder, such funds shall be applied: first, ratably to reimbursement of expenses and indemnities provided for in this Agreement and the Security Instruments; second, to accrued
interest on the Loans; third, to fees; and fourth, pro rata to outstanding principal of the Loans; in each case, ratably among the parties entitled thereto in accordance with the amounts then due to such parties. 

(c) Sharing of Payments by Lenders. If any Lender shall, by exercising any right of set-off or counterclaim or otherwise, obtain
payment in respect of any principal of or interest on any of its Loans resulting in such Lender receiving payment of a greater proportion of the aggregate amount of its Loans and accrued interest thereon than the proportion received by any other
Lender, then the Lender receiving such greater proportion shall purchase (for cash at face value) participations in the Loans of other Lenders to the extent necessary so that the benefit of all such payments shall be shared by the Lenders ratably in
accordance with the aggregate amount of principal of and accrued interest on their respective Loans; provided that (i) if any such participations are purchased and all or any portion of the payment giving rise thereto is recovered, such
participations shall be rescinded and the purchase price restored to the extent of such recovery, without interest, and (ii) the provisions of this Section 4.01(c) shall not be construed to apply to any payment made by the Borrower
pursuant to and in accordance with the express terms of this Agreement or any payment obtained by a Lender as consideration for the assignment of or sale of a participation in any of its Loans to any assignee or participant, other than to a Loan
Party or Affiliate thereof (as to which the provisions of this Section 4.01(c) shall apply). The Borrower consents to the foregoing and agrees, to the extent it may effectively do so under applicable law and under this Agreement, that
any Lender acquiring a participation pursuant to the foregoing arrangements may exercise against the Borrower rights of set-off and counterclaim with respect to such participation as fully as if such Lender were a direct creditor of the Borrower in
the amount of such participation. 
 Section 4.02 Presumption of Payment by the Borrower. Unless the
Administrative Agent shall have received notice from the Borrower prior to the date on which any payment is due to the Administrative Agent for the account of the Lenders that the Borrower will not make such payment, the Administrative Agent may
assume that the Borrower has made such payment on such date in accordance herewith and may, in reliance upon such assumption, distribute to the Lenders the amount due. In such event, if the Borrower has not in fact made such payment, then each of
the Lenders severally agrees to repay to the Administrative Agent forthwith on demand the amount so distributed to such Lender with interest thereon, for each day from and including the date such amount is distributed to it to but excluding the date
of payment to the Administrative Agent, at the greater of the Federal Funds Effective Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation. 

  
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 Section 4.03 Certain Deductions by the Administrative Agent. If any
Lender shall fail to make any payment required to be made by it pursuant hereto then the Administrative Agent may, in its discretion (notwithstanding any contrary provision hereof), apply any amounts thereafter received by the Administrative Agent
for the account of such Lender to satisfy such Lender’s obligations under such Sections until all such unsatisfied obligations are fully paid. After acceleration or maturity of the Loans, all principal will be paid ratably as provided in
Section 10.02(c). 
 Section 4.04 Disposition of Proceeds. The Security Instruments contain an
assignment by the Borrower and/or the other Loan Parties unto and in favor of the Administrative Agent for the benefit of the Lenders of all of the Borrower’s or each other Loan Party’s interest in and to production and all proceeds
attributable thereto which may be produced from or allocated to the Collateral. The Security Instruments further provide in general for the application of such proceeds to the satisfaction of the Indebtedness and other obligations described therein
and secured thereby. Notwithstanding the assignment contained in such Security Instruments, until the occurrence of an Event of Default, the Administrative Agent and the Lenders agree that they will neither notify the purchaser or purchasers of such
production nor take any other action to cause such proceeds to be remitted to the Administrative Agent or the Lenders, but the Lenders will instead permit such proceeds to be paid to the Borrower or any other applicable Loan Party and the Lenders
hereby authorize the Administrative Agent to take such actions as may be necessary to cause such proceeds to be paid to the Borrower and/or such Loan Parties. 
 ARTICLE V 
 INCREASED COSTS; BREAK FUNDING PAYMENTS; TAXES 

Section 5.01 Increased Costs. 
 (a) Eurodollar Changes in Law. If any Change in Law shall: 

(i) impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with
or for the account of, or credit extended by, any Lender (except any such reserve requirement reflected in the Adjusted LIBO Rate); 
 (ii) or impose on any Lender or the London interbank market any other condition (including, for the avoidance of doubt, any increase in Taxes other than Excluded Taxes or Indemnified Taxes or Other Taxes
covered under Section 5.03) affecting this Agreement or Eurodollar Loans made by such Lender; 
 and the result of any of
the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan (or of maintaining its obligation to make any such Loan) or to reduce the amount of any sum received or receivable by such Lender (whether of
principal, interest or otherwise), in each case by an amount deemed by such Lender to be material, then the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender for such additional costs incurred or
reduction suffered. 
 (b) Capital Requirements. If any Lender determines that any Change in Law regarding capital or
liquidity requirements has or would have the effect of reducing the rate of return on such Lender’s capital or on the capital of such Lender’s holding company, if any, in each case by an amount deemed by such Lender to be material, as a
consequence of this Agreement or the Loans made by such Lender, to a level below that which such Lender or such Lender’s holding company would have achieved but for such Change in Law (taking into consideration such Lender’s policies and
the policies of such Lender’s holding company with respect to capital adequacy and liquidity), then from time to time the Borrower will pay to such Lender such additional amount or amounts as will compensate such Lender or such Lender’s
holding company for any such reduction suffered. 

  
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 (c) Certificates. A certificate of a Lender setting forth the amount or amounts
necessary to compensate such Lender or its holding company, as the case may be, as specified in Section 5.01(a) or (b) and reasonably detailed calculations therefor shall be delivered to the Borrower and shall be conclusive
absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such certificate within 30 days after receipt thereof. 
 (d) Effect of Failure or Delay in Requesting Compensation. Failure or delay on the part of any Lender to demand compensation pursuant to this Section 5.01 shall not constitute a waiver
of such Lender’s right to demand such compensation; provided that the Borrower shall not be required to compensate a Lender pursuant to this Section 5.01 for any increased costs or reductions incurred more than 180 days prior
to the date that such Lender notifies the Borrower of the Change in Law giving rise to such increased costs or reductions and of such Lender’s intention to claim compensation therefor; provided further that, if the Change in Law giving
rise to such increased costs or reductions is retroactive, then the 180-day period referred to above shall be extended to include the period of retroactive effect thereof. 
 Section 5.02 Break Funding Payments. In the event of (a) the payment of any principal of any Eurodollar Loan other than on the last day of an Interest Period applicable thereto
(including as a result of an Event of Default), (b) the conversion of any Eurodollar Loan into an ABR Loan other than on the last day of the Interest Period applicable thereto, or (c) the failure to borrow, convert, continue or prepay any
Eurodollar Loan on the date specified in any notice delivered pursuant hereto, or (d) the assignment of any Eurodollar Loan other than on the last day of the Interest Period applicable thereto as a result of a request by the Borrower pursuant
to Section 5.05, then, in any such event, the Borrower shall compensate each Lender for the loss, cost and expense attributable to such event. In the case of a Eurodollar Loan, such loss, cost or expense to any Lender shall be deemed to
include an amount determined by such Lender to be the excess, if any, of (i) the amount of interest which would have accrued on the principal amount of such Loan had such event not occurred, at the Adjusted LIBO Rate that would have been
applicable to such Loan, for the period from the date of such event to the last day of the then current Interest Period therefor (or, in the case of a failure to borrow, convert or continue, for the period that would have been the Interest Period
for such Loan), over (ii) the amount of interest which would accrue on such principal amount for such period at the interest rate which such Lender would bid were it to bid, at the commencement of such period, for dollar deposits of a
comparable amount and period from other banks in the eurodollar market. 
 A certificate of any Lender setting forth any amount
or amounts that such Lender is entitled to receive pursuant to this Section 5.02 shall be delivered to the Borrower and shall be conclusive absent manifest error. The Borrower shall pay such Lender the amount shown as due on any such
certificate within 30 days after receipt thereof. 
 Section 5.03 Taxes. 

(a) Payments Free of Taxes. Any and all payments by or on account of any obligation of the Borrower or any Guarantor under any
Loan Document shall be made free and clear of and without deduction for any Taxes unless required by applicable law; provided that if the applicable withholding agent shall be required to deduct any Indemnified Taxes or Other Taxes from such
payments, then (a) the sum payable by the Borrower or any Guarantor shall be increased as necessary so that after all required deductions (including deductions applicable to additional sums payable under this Section 5.03) have been
made, the Administrative Agent or Lender (as the case may be) receives an amount equal to the sum it would have received had no such deductions been made, (b) the applicable withholding agent shall make such deductions and (c) the
applicable withholding agent shall pay the full amount deducted to the relevant Governmental Authority in accordance with applicable law. 

  
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 (b) Payment of Other Taxes by the Borrower. In addition, the Borrower shall pay any
Other Taxes to the relevant Governmental Authority in accordance with applicable law. 
 (c) Indemnification by the
Borrower. The Borrower shall indemnify the Administrative Agent and each Lender, within 10 days after written demand therefor, for the full amount of any Indemnified Taxes or Other Taxes paid by the Administrative Agent or such Lender, as the
case may be, on or with respect to any payment by or on account of any obligation of the Borrower hereunder or with respect to any Loan Document (including Indemnified Taxes or Other Taxes imposed or asserted on or attributable to amounts payable
under this Section 5.03) and reasonable expenses arising therefrom or with respect thereto, whether or not such Indemnified Taxes or Other Taxes were correctly or legally imposed or asserted by the relevant Governmental Authority. A
certificate of the Administrative Agent or a Lender as to the amount of such payment or liability under this Section 5.03) shall be delivered to the Borrower and shall be conclusive absent manifest error. 

(d) Evidence of Payments. As soon as practicable after any payment of Indemnified Taxes or Other Taxes by the Borrower or a
Guarantor to a Governmental Authority, the Borrower shall deliver to the Administrative Agent the original or a certified copy of a receipt issued by such Governmental Authority evidencing such payment, a copy of the return reporting such payment or
other evidence of such payment reasonably satisfactory to the Administrative Agent. 
 (e) Status of Lenders. 

(i) Any Lender that is entitled to an exemption from or reduction of withholding Tax with respect to payments made under any Loan
Document shall deliver to the Borrower and the Administrative Agent, at the time or times reasonably requested by the Borrower or the Administrative Agent, such properly completed and executed documentation reasonably requested by the Borrower or
the Administrative Agent as will permit such payments to be made without withholding or at a reduced rate of withholding. In addition, any Lender, if reasonably requested by the Borrower or the Administrative Agent, shall deliver such other
documentation prescribed by applicable law or reasonably requested by the Borrower or the Administrative Agent as will enable the Borrower or the Administrative Agent to determine whether or not such Lender is subject to backup withholding or
information reporting requirements. 
 (ii) Without limiting the generality of the foregoing, (A) any Lender that is a U.S.
Person shall deliver to the Borrower and the Administrative Agent on or prior to the date on which such Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative
Agent), executed originals of IRS Form W-9 certifying that such Lender is exempt from U.S. federal backup withholding tax; (B) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the
Administrative Agent (in such number of copies as shall be requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the
Borrower or the Administrative Agent), whichever of the following is applicable: (1) in the case of a Foreign Lender claiming the benefits of an income tax treaty to which the United States is a party (x) with respect to payments of
interest under any Loan Document, executed originals of IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “interest” article of such tax treaty and (y) with respect to any
other applicable payments under any Loan Document, IRS Form W-8BEN establishing an exemption from, or reduction of, U.S. federal withholding Tax pursuant to the “business profits” or “other income” article of such tax treaty;
(2) executed originals of IRS Form W-8ECI; (3) in the case of a Foreign Lender claiming the benefits of the exemption for portfolio interest under 

  
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Section 881(c) of the Code, (x) a certificate substantially in the form of Exhibit J-1 to the effect that such Foreign Lender is not a “bank” within the meaning of
Section 881(c)(3)(A) of the Code, a “10 percent shareholder” of the Borrower within the meaning of Section 881(c)(3)(B) of the Code, or a “controlled foreign corporation” described in Section 881(c)(3)(C) of the
Code (a “U.S. Tax Compliance Certificate”) and (y) executed originals of IRS Form W-8BEN; or (4) to the extent a Foreign Lender is not the beneficial owner, executed originals of IRS Form W-8IMY, accompanied by IRS Form
W-8ECI, IRS Form W-8BEN, a U.S. Tax Compliance Certificate substantially in the form of Exhibit J-2 or Exhibit J-3, IRS Form W-9, and/or other certification documents from each beneficial owner, as applicable; provided that if
the Foreign Lender is a partnership and one or more direct or indirect partners of such Foreign Lender are claiming the portfolio interest exemption, such Foreign Lender may provide a U.S. Tax Compliance Certificate substantially in the form of
Exhibit J-4 on behalf of each such direct and indirect partner; (C) any Foreign Lender shall, to the extent it is legally entitled to do so, deliver to the Borrower and the Administrative Agent (in such number of copies as shall be
requested by the recipient) on or prior to the date on which such Foreign Lender becomes a Lender under this Agreement (and from time to time thereafter upon the reasonable request of the Borrower or the Administrative Agent), executed originals of
any other form prescribed by applicable law as a basis for claiming exemption from or a reduction in U.S. federal withholding Tax, duly completed, together with such supplementary documentation as may be prescribed by applicable law to permit the
Borrower or the Administrative Agent to determine the withholding or deduction required to be made; and (D) if a payment made to a Lender under any Loan Document would be subject to U.S. federal withholding Tax imposed by FATCA if such Lender
were to fail to comply with the applicable reporting requirements of FATCA (including those contained in Section 1471(b) or 1472(b) of the Code, as applicable), such Lender shall deliver to the Borrower and the Administrative Agent at the time
or times prescribed by law and at such time or times reasonably requested by the Borrower or the Administrative Agent such documentation prescribed by applicable law (including as prescribed by Section 1471(b)(3)(C)(i) of the Code) and such
additional documentation reasonably requested by the Borrower or the Administrative Agent as may be necessary for the Borrower and the Administrative Agent to comply with their obligations under FATCA and to determine whether such Lender has
complied with such Lender’s obligations under FATCA or to determine the amount, if any, to deduct and withhold from such payment. Solely for purposes of this clause (D), “FATCA” shall include any amendments made to FATCA after the
date of this Agreement. 
 Each Lender agrees that if any form or certification it previously delivered expires or becomes
obsolete or inaccurate in any respect, it shall update such form or certification or promptly notify the Borrower and the Administrative Agent in writing of its legal inability to do so. 

(f) Indemnification by Lenders. Each Lender shall severally indemnify the Administrative Agent, within 10 days after demand
therefor, for (i) any Indemnified Taxes attributable to such Lender (but only to the extent that the Borrower has not already indemnified the Administrative Agent for such Indemnified Taxes and without limiting the obligation of the Borrower to
do so), (ii) any Taxes attributable to such Lender’s failure to comply with the provisions of Section 12.04(c) relating to the maintenance of a Participant Register and (iii) any Excluded Taxes attributable to such Lender,
in each case, that are payable or paid by the Administrative Agent in connection with any Loan Document, and any reasonable expenses arising therefrom or with respect thereto, whether or not such Taxes were correctly or legally imposed or asserted
by the relevant Governmental Authority. A certificate as to the amount of such payment or liability delivered to any Lender by the Administrative Agent shall be conclusive absent manifest error. Each Lender hereby authorizes the Administrative Agent
to set off and apply any and all amounts at any time owing to such Lender under any Loan Document or otherwise payable by the Administrative Agent to the Lender from any other source against any amount due to the Administrative Agent under this
paragraph (f). 

  
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 (g) Tax Refunds. If the Administrative Agent or any Lender determines, in its sole
discretion, that it has received a refund of any Indemnified Taxes or Other Taxes as to which it has been indemnified by the Borrower or any Guarantor or with respect to which the Borrower or any Guarantor has paid additional amounts pursuant to
this Section 5.03, it shall pay over such refund to the Borrower (but only to the extent of indemnity payments made, or additional amounts paid, by the Borrower under this Section 5.03 with respect to the Indemnified Taxes or
Other Taxes giving rise to such refund), net of all out-of-pocket expenses (including any Taxes) of the Administrative Agent or such Lender and without interest (other than any interest paid by the relevant Governmental Authority with respect to
such refund); provided that the Borrower, upon the request of the Administrative Agent or such Lender, agrees to repay the amount paid over to the Borrower (plus any penalties, interest or other charges imposed by the relevant Governmental
Authority) to the Administrative Agent or such Lender in the event the Administrative Agent or such Lender is required to repay such refund to such Governmental Authority. This Section 5.03 shall not be construed to require the
Administrative Agent or any Lender to make available its tax returns (or any other information relating to its taxes which it deems confidential) to the Borrower or any other Person. 

(h) Survival. The agreements in this Section 5.03 shall survive the termination of this Agreement and the payment of
the Loans and all other amounts payable hereunder. 
 Section 5.04 Designation of Different Lending Office.
If any Lender requests compensation under Section 5.01, or if the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 5.03, then such
Lender shall use reasonable efforts to designate a different lending office for funding or booking its Loans hereunder or to assign its rights and obligations hereunder to another of its offices, branches or affiliates, if, in the judgment of such
Lender, such designation or assignment (a) would eliminate or reduce amounts payable pursuant to Section 5.01 or Section 5.03, as the case may be, in the future and (b) would not subject such Lender to any
unreimbursed cost or expense and would not otherwise be disadvantageous to such Lender. The Borrower hereby agrees to pay all reasonable costs and expenses incurred by any Lender in connection with any such designation or assignment. 

Section 5.05 Replacement of Lenders. If (a) any Lender requests compensation under Section 5.01,
(b) the Borrower is required to pay any additional amount to any Lender or any Governmental Authority for the account of any Lender pursuant to Section 5.03, or (c) any Lender has not approved a proposed waiver or amendment
requiring 100% approval or consent but which has been approved by Lenders holding 50% or more of the then outstanding Loans, then the Borrower may, at its sole expense and effort, upon notice to such Lender and the Administrative Agent, require such
Lender to assign and delegate, without recourse (in accordance with and subject to the restrictions contained in Section 12.04(b)), all its interests, rights and obligations under this Agreement to an assignee that shall assume such
obligations (which assignee may be another Lender, if a Lender accepts such assignment); provided that (i) the Borrower shall have received the prior written consent of the Administrative Agent, which consent shall not unreasonably be
withheld, (ii) such Lender shall have received payment of an amount equal to the outstanding principal of its Loans, accrued interest thereon, accrued fees and all other amounts payable to it hereunder and under the other Loan Documents, from
the assignee (to the extent of such outstanding principal and accrued interest and fees) or the Borrower (in the case of all other amounts), and (iii) in the case of any such assignment resulting from a claim for compensation under
Section 5.01 or payments required to be made pursuant to Section 5.03, such assignment will result in a reduction in such compensation or payments. 
 Section 5.06 Illegality. Notwithstanding any other provision of this Agreement, in the event that it becomes unlawful for any Lender or its applicable lending office to honor its
obligation to make or maintain Eurodollar Loans either generally or having a particular Interest Period hereunder, then (a) such 

  
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Lender shall promptly notify the Borrower and the Administrative Agent thereof and such Lender’s obligation to make such Eurodollar Loans shall be suspended (the “Affected
Loans”) until such time as such Lender may again make and maintain such Eurodollar Loans and (b) all Affected Loans which would otherwise be made by such Lender shall be made instead as ABR Loans (and, if such Lender so requests by
notice to the Borrower and the Administrative Agent, all Affected Loans of such Lender then outstanding shall be automatically converted into ABR Loans on the date specified by such Lender in such notice) and, to the extent that Affected Loans are
so made as (or converted into) ABR Loans, all payments of principal which would otherwise be applied to such Lender’s Affected Loans shall be applied instead to its ABR Loans; provided that the Borrower shall not be required to make any
payments pursuant to Section 5.02 as a result of the conversion of any Affected Loans under this Section 5.06. 
 ARTICLE VI 
 CONDITIONS PRECEDENT 

Section 6.01 Effective Date. The obligations of the Lenders to make Loans shall not become effective until the date on
which each of the following conditions is satisfied (or waived in accordance with Section 12.02): 

(a) The Administrative Agent, the Arrangers and the Lenders shall have received all fees and other amounts due and payable
on or prior to the Effective Date pursuant to this Agreement and the Fee Letter, including, to the extent invoiced to the Borrower at least two (2) Business Days prior to the Effective Date, reimbursement or payment of all out-of-pocket
expenses required to be reimbursed or paid by the Borrower hereunder. 
 (b) The Administrative Agent shall have
received a certificate of the Secretary or an Assistant Secretary of the Borrower and each Guarantor setting forth (i) resolutions of its board of directors (or other applicable managing Person) with respect to the authorization of the Borrower
or such Guarantor to execute and deliver the Loan Documents to which it is a party and to enter into the transactions contemplated in those documents, (ii) the officers of the Borrower or such Guarantor (A) who are authorized to sign the
Loan Documents to which the Borrower or such Guarantor is a party and (B) who will, until replaced by another officer or officers duly authorized for that purpose, act as its representative for the purposes of signing documents and giving
notices and other communications in connection with this Agreement and the transactions contemplated hereby, (iii) specimen signatures of such authorized officers, and (iv) the articles or certificate of incorporation and bylaws (or other
applicable governing documents) of the Borrower and such Guarantor, certified as being true and complete. The Administrative Agent and the Lenders may conclusively rely on such certificate until the Administrative Agent receives notice in writing
from the Borrower to the contrary. 
 (c) The Administrative Agent shall have received recent certificates of the
appropriate State agencies with respect to the existence, qualification and good standing of the Borrower and each Guarantor. 
 (d) The Administrative Agent shall have received from each party hereto counterparts (in such number as may be requested by the Administrative Agent) of this Agreement signed on behalf of such party.

 (e) The Administrative Agent shall have received duly executed Notes payable to each Lender requesting a Note
in a principal amount equal to its Maximum Credit Amount dated as of the date hereof. 

  
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 (f) The Administrative Agent shall have received from each party thereto
duly executed counterparts (in such number as may be requested by the Administrative Agent) of the Security Instruments (except for the Mortgages and certain control agreements in respect of deposit accounts and securities accounts held by the
Borrower which are listed on Exhibit E) and the Uniform Commercial Code financing statements described on Exhibit E and the Perfection Certificate. In connection with the execution and delivery of the Security Instruments (except for
the Mortgages and certain control agreements in respect of deposit accounts and securities accounts held by the Borrower which are listed on Exhibit E), the Administrative Agent shall: 

(i) be reasonably satisfied that such Security Instruments will, when properly executed and, to the extent applicable,
recorded, create perfected Liens with the priority required by the Intercreditor Agreement (except for Excepted Liens, but subject to the provisos at the end of such definition and subject to Immaterial Title Deficiencies) on all Property purported
to be pledged as collateral pursuant to such Security Instruments; and 
 (ii) have received, or the Revolving
Agent as bailee for the Administrative Agent pursuant to the Intercreditor Agreement shall have received (A) to the extent the APL Units, the ARP Units and the other Equity Interests (other than any Excluded Property (as defined in the Security
Agreement) of each Borrower and Subsidiary (other than any Subsidiary of an Unrestricted Subsidiary) are certificated, certificates, together with undated, blank stock powers (or the equivalent for Persons that are not corporations) for each
certificate, representing all of the certificated issued and outstanding APL Units and ARP Units owned by each Loan Party and all such other Equity Interests, (B) to the extent the APL Units, the ARP Units and such other Equity Interests are
not certificated, any other control agreements, certificates or other documents as requested by the Administrative Agent so that the Administrative Agent’s Liens in such APL Units, ARP Units and such other Equity Interests will be perfected by
“control” in accordance with the applicable Uniform Commercial Code including, without limitation, Section 8.106, 9.106 and 9.314 thereof and (C) to the extent required by the terms of the Security Instruments, all promissory
notes, together with instruments of transfer. 
 (g) The Administrative Agent shall have received opinions in
form and substance reasonably acceptable to the Administrative Agent of (i) Ledgewood, special counsel to the Borrower and the Restricted Subsidiaries, and (ii) local counsel in each of the following states: Oklahoma. 

(h) The Administrative Agent shall have received a certificate of insurance coverage of the Borrower and the Restricted
Subsidiaries evidencing that such Persons are carrying insurance in accordance with Section 7.13. 

(i) [Reserved] 
 (j) The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower certifying that the Borrower or another Loan Party has (i) received all consents and approvals
required by Section 7.03, and (ii) no action, investigation, litigation or proceeding is pending or threatened in any court or before any Governmental Authority that could reasonably be expected to have a Material Adverse Effect.

 (k) The Administrative Agent shall have received the financial statements referred to in
Section 7.04(a). 

  
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 (l) The Administrative Agent shall have received appropriate UCC and other
Lien and real property record search certificates from Oklahoma, any additional jurisdiction of organization of each Loan Party, and any other jurisdiction reasonably requested by the Administrative Agent and United States Patent and Trademark
Office and United States Copyright Office lien searches, in each case, as of a recent date, and reflecting no Liens encumbering the Properties of each Loan Party other than Liens released on or prior to the Effective Date or Liens permitted by
Section 9.03 including, without limitation, Immaterial Title Deficiencies. 
 (m) [Reserved]

 (n) [Reserved] 
 (o) The Administrative Agent shall have received a fully executed Intercreditor Agreement in form and substance satisfactory to the Administrative Agent. 

(p) The Lenders shall have received, to the extent requested, all documentation and other information required by
regulatory authorities under applicable “know your customer” and anti-money laundering rules and regulations, including the USA Patriot Act. 
 (q) The Administrative Agent shall have received a Form U-1 with respect to each Lender that is a bank and a Form G-3 with respect to each Lender that is not a bank, each duly completed and executed by
the Borrower. 
 (r) The Administrative Agent shall have received a certificate of a Responsible Officer of the
Borrower certifying that attached to such certificate is a true and complete list of all Swap Agreements of the Borrower and each Restricted Subsidiary in effect as of the Effective Date, if any, and the type, term, effective date, termination date
and notional amounts or volumes and the net mark to market value thereof, all credit support agreements relating thereto (including any margin required or supplied) and the counterparty to each such agreement. 

(s) The Administrative Agent shall have received satisfactory evidence that the Revolving Credit Agreement has been, or
substantially simultaneously with the closing here of will be amended to (i) have aggregate revolving commitments not to exceed $50.0 million and (ii) permit the Transactions, including this Agreement. 

Without limiting the generality of the provisions of Section 11.05, for purposes of determining compliance with the
conditions specified in this Section 6.01, each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required under this
Section 6.01 to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the Effective Date specifying its objection thereto. All
documents executed or submitted pursuant to this Section 6.01 by and on behalf of the Borrower or any of the other Loan Parties shall be in form and substance reasonably satisfactory to the Administrative Agent and its counsel. The
Administrative Agent shall notify the Borrower and the Lenders of the Effective Date, and such notice shall be conclusive and binding. Notwithstanding the foregoing, the obligations of the Lenders to make Loans hereunder shall not become effective
unless each of the foregoing conditions is satisfied (or waived pursuant to Section 12.02) at or prior to 2:00 p.m., New York, New York time, on July 31, 2013 (and, in the event such conditions are not so satisfied or waived, the
Commitments shall terminate at such time). 
 Section 6.02 Additional Conditions. (a) The obligation of
each Lender to make its Loan is subject to the satisfaction of the following additional conditions: 
 (i) At the
time of and immediately after giving effect to such Borrowing no Default shall have occurred and be continuing and the Recognized Value Ratio shall be greater than or equal to 2.00 to 1.00. 

  
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 (ii) The representations and warranties of the Borrower and the Restricted
Subsidiaries set forth in this Agreement and in the other Loan Documents shall be true and correct on and as of the date of such Borrowing, except to the extent any such representations and warranties are expressly limited to an earlier date, in
which case, on and as of the date of such Borrowing, such representations and warranties shall continue to be true and correct as of such specified earlier date. 

(iii) [Reserved] 
 (iv) The making of such Loan would not conflict with, or cause any Lender to violate or exceed, any applicable Law, and no Change in Law shall have occurred, and no litigation shall be pending or
threatened, which does or, with respect to any threatened litigation, seeks to, enjoin, prohibit or restrain, the making or repayment of any Loan, or the consummation of the transactions contemplated by this Agreement or any other Loan Document.

 (v) The receipt by the Administrative Agent of the Borrowing Request in accordance with
Section 2.03. 
 ARTICLE VII 
 REPRESENTATIONS AND WARRANTIES 
 Subject to Section 6.02(a)(ii), the Borrower
represents and warrants to the Lenders that: 
 Section 7.01 Organization; Powers. Each of the Borrower and
the 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, and has all material governmental licenses, authorizations, consents
and approvals necessary, to own its assets and to carry on its business as now conducted, and is qualified to do business in, and is in good standing in, every jurisdiction where such qualification is required, except where failure to have such
power, authority, licenses, authorizations, consents, approvals and qualifications could not reasonably be expected to have a Material Adverse Effect. 
 Section 7.02 Authority; Enforceability. The Transactions are within each Loan Party’s corporate powers and have been duly authorized by all necessary corporate and, if required,
member action. Each Loan Document has been duly executed and delivered by it and constitutes a legal, valid and binding obligation of each Loan Party party thereto, enforceable in 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. 

Section 7.03 Approvals; No Conflicts. The Transactions (a) do not require any consent or approval of,
registration or filing with, or any other action by, any Governmental Authority or any other third Person, nor is any such consent, approval, registration, filing or other action necessary for the validity or enforceability of any Loan Document or
the consummation of the transactions contemplated thereby, except such as have been obtained or made and are in full force and effect other than (i) the recording and filing of the Security Instruments as required by this Agreement and
(ii) those third party approvals or consents which, if not made or obtained, would not cause a Default hereunder, could not reasonably be 

  
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expected to have a Material Adverse Effect or do not have an adverse effect on the enforceability of the Loan Documents, (b) will not violate any applicable law or regulation or the charter,
by-laws or other organizational documents of the Borrower or any Restricted Subsidiary or any order of any Governmental Authority, (c) will not violate or result in a default under any indenture, agreement or other instrument binding upon the
Borrower, any Restricted Subsidiary or their respective Properties, or give rise to a right thereunder to require any payment to be made by the Borrower or any Restricted Subsidiary and (d) will not result in the creation or imposition of any
Lien on any Property of the Borrower or any Restricted Subsidiary (other than the Liens created by the Loan Documents or permitted under Section 9.03). 
 Section 7.04 Financial Condition; No Material Adverse Change. 

(a) The Borrower has heretofore furnished in accordance with Section 8.01 to the Lenders (i) the consolidated balance
sheets of the Borrower as of December 31, 2012 and 2011, and the related consolidated statements of operations, comprehensive income, partners’ capital, and cash flows for each of the three years in the period ended December 31, 2012,
certified by its independent public accountants; and (ii) the consolidated balance sheet of the Borrower as of March 31, 2013, and the related consolidated statements of operations, comprehensive income, partners’ capital, and cash
flows for the three month period then ended, certified by its chief financial officer. Such financial statements present fairly, in all material respects, the combined or consolidated, as applicable, financial position and results of operations and
cash flows of the Borrower and its consolidated Subsidiaries, as of such dates and for such periods in accordance with GAAP, subject to year-end audit adjustments and the absence of footnotes in the case of the unaudited quarterly financial
statements. 
 (b) Since December 31, 2012, (i) there has been no event, development or circumstance that has had or
could reasonably be expected to have a Material Adverse Effect and (ii) the business of the Borrower and the Restricted Subsidiaries has been conducted only in the ordinary course consistent with past business practices, which includes, for the
avoidance of doubt, the Acquisition. 
 (c) Neither the Borrower nor any Restricted Subsidiary has on the date hereof any
material Debt (including Disqualified Capital Stock) or any material contingent liabilities, off-balance sheet liabilities or partnerships, liabilities for taxes, unusual forward or long-term commitments or unrealized or anticipated losses from any
unfavorable commitments, except as referred to or reflected or provided for in the financial statements referred to in Section 7.04(a) or as disclosed in this Agreement (including the Schedules hereto). 

Section 7.05 Litigation. 
 (a) Except as set forth on Schedule 7.05, there are no actions, suits, investigations or proceedings by or before any arbitrator or Governmental Authority pending against or affecting the Borrower
or any Restricted Subsidiary (i) as to which there is a reasonable possibility of an adverse determination that, if adversely determined, could reasonably be expected, individually or in the aggregate, to result in a Material Adverse Effect or
(ii) that involve any Loan Document and the Transactions, and to the knowledge of the Borrower, no such action, suit, investigation or proceeding is threatened. 
 (b) Since the date of this Agreement, there has been no change in the status of the matters disclosed in Schedule 7.05 that, individually or in the aggregate, has resulted in, or materially
increased the likelihood of, a Material Adverse Effect. 
 Section 7.06 Environmental Matters. Except for
such matters as set forth on Schedule 7.06 or that, individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect: 
 (a) Neither any Property of the Borrower or any Restricted Subsidiary nor any of their respective operations violate any order or requirement of any court or Governmental Authority or any Environmental
Laws. 

  
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 (b) Without limitation of clause (a) above, no Property of the Borrower
or any Restricted Subsidiary nor any of their respective current operations or, to the best knowledge of the Borrower or any Restricted Subsidiary, any former operations by any prior owner or operator of such Properties, are subject to any
Environmental Claims. 
 (c) All notices, permits, licenses or similar authorizations, if any, required to be
obtained or filed in connection with the operation or use of any and all Property of the Borrower and each Restricted Subsidiary, including without limitation past or present treatment, storage or Release of any Hazardous Materials into the
environment, have been duly obtained or filed, and the Borrower and each Restricted Subsidiary are in compliance with the terms and conditions of all such notices, permits, licenses and similar authorizations. 

(d) All Hazardous Materials, if any, generated at any and all Property of the Borrower or any Restricted Subsidiary have
in the past been transported, treated and disposed of in accordance with Environmental Laws and so as not to pose an imminent and substantial endangerment to public health or welfare or the environment, and, to the best knowledge of the Borrower and
the Restricted Subsidiaries, all such transport carriers and treatment and disposal facilities have been and are operating in compliance with Environmental Laws and so as not to pose an imminent and substantial endangerment to public health or
welfare or the environment, and are not the subject of any Environmental Claims. 
 (e) The Borrower has taken
all steps reasonably necessary to determine and have determined that no Hazardous Materials have been Released and there has been no threatened Release of any Hazardous Materials on or to any Property of the Borrower or any Restricted Subsidiary
except in compliance with Environmental Laws and so as not to pose an imminent and substantial endangerment to public health or welfare or the environment. 
 (f) All Property of the Borrower and each Restricted Subsidiary currently satisfies all design, operation, and equipment requirements imposed by the OPA or scheduled as of the Effective Date to be imposed
by OPA during the term of this Agreement, and the Borrower does not have any reason to believe that such Property, to the extent subject to OPA, will not be able to maintain compliance with the OPA requirements during the term of this Agreement.
Neither the Borrower nor any Restricted Subsidiary has any known contingent liability in connection with any Release or threatened Release of any Hazardous Material into the environment. 

Section 7.07 Compliance with the Laws and Agreements; No Defaults. 

(a) Each of the Borrower and each Restricted Subsidiary (i) is in compliance with all Laws applicable to it or its Property and all
agreements and other instruments binding upon it or its Property, and (ii) possesses all licenses, permits, franchises, exemptions, approvals and other governmental authorizations necessary for the ownership of its Property and the conduct of
its business, except in each case where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse Effect. 
 (b) Neither the Borrower nor any Restricted Subsidiary is in default 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 or would require the Borrower or a Restricted Subsidiary to Redeem or 

  
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make any offer to Redeem under any indenture, note, credit agreement or instrument pursuant to which any Material Indebtedness is outstanding or by which the Borrower or any Restricted Subsidiary
or any of their Properties is bound. 
 (c) No Event of Default has occurred and is continuing. 

Section 7.08 Investment Company Act. Neither the Borrower nor any Restricted Subsidiary is an “investment
company” or a company “controlled” by an “investment company,” within the meaning of, or subject to regulation under, the Investment Company Act of 1940, as amended. 

Section 7.09 No Margin Stock Activities. Neither the Borrower nor any Restricted Subsidiary is engaged principally, or
as one of its or their important activities, in the business of extending credit for the purpose, whether immediate, incidental or ultimate, of buying or carrying margin stock (within the meaning of Regulation T, U or X of the Board). No part of the
proceeds of any Loan will be used for any purpose which violates the provisions of Regulations T, U or X of the Board. Neither the Borrower nor any Person acting on behalf of the Borrower has taken or will take any action which might cause any of
the Loan Documents to violate Regulations T, U or X or any other regulation of the Board or to violate Section 7 of the Securities Exchange Act of 1934 or any rule or regulation thereunder, in each case as now in effect or as the same may
hereinafter be in effect. 
 Section 7.10 Taxes. Each of the Borrower and the Restricted Subsidiaries has
timely filed or caused to be filed all tax returns and reports required to have been filed and has paid or caused to be paid all taxes required to have been paid by it, except (a) taxes that are being contested in good faith by appropriate
proceedings and for which the Borrower or such Restricted Subsidiary, as applicable, has set aside on its books adequate reserves in accordance with GAAP or (b) to the extent that the failure to do so could not reasonably be expected to result
in a Material Adverse Effect. The charges, accruals and reserves on the books of the Borrower and the Restricted Subsidiaries in respect of taxes and other governmental charges are, in the reasonable opinion of the Borrower, adequate. No tax Lien
has been filed and no claim is being asserted with respect to any such tax or other such governmental charge. 

Section 7.11 ERISA. Except as could not reasonably be expected to result in a Material Adverse Effect: 

(a) The Borrower, the Restricted Subsidiaries and each ERISA Affiliate have complied with ERISA and, where applicable, the
Code regarding each Plan. 
 (b) Each Plan is, and has been, maintained in compliance with ERISA and, where
applicable, the Code. 
 (c) No act, omission or transaction has occurred which could result in imposition on the
Borrower, any Restricted Subsidiary or any ERISA Affiliate (whether directly or indirectly) of (i) either a civil penalty assessed pursuant to subsections (c), (i) or (l) of section 502 of ERISA or a tax imposed pursuant to Chapter 43
of Subtitle D of the Code or (ii) breach of fiduciary duty liability damages under section 409 of ERISA. 

(d) No Plan (other than a defined contribution plan) or any trust created under any such Plan has been terminated since
September 2, 1974. No liability to the PBGC (other than for the payment of current premiums which are not past due) by the Borrower, any Restricted Subsidiary or any ERISA Affiliate has been or is expected by the Borrower, any Restricted
Subsidiary or any ERISA Affiliate to be incurred with respect to any Plan. No ERISA Event with respect to any Plan has occurred or is reasonably expected to occur. 

  
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 (e) Full payment when due has been made of all amounts which the Borrower,
the Restricted Subsidiaries or any ERISA Affiliate is required under the terms of each Plan or applicable law to have paid as contributions to such Plan as of the date hereof, and no failure to satisfy the minimum funding standards under section 302
of ERISA and section 412 of the Code), whether or not waived, has occurred or is reasonably expected to occur with respect to any Plan. 
 (f) The actuarial present value of the benefit liabilities under each Plan which is subject to Title IV of ERISA does not, as of the end of the Borrower’s most recently ended fiscal year, exceed the
current value of the assets (computed on a plan termination basis in accordance with Title IV of ERISA) of such Plan allocable to such benefit liabilities. The term “actuarial present value of the benefit liabilities” shall have the
meaning specified in section 4041 of ERISA. 
 (g) Neither the Borrower, the Restricted Subsidiaries nor any
ERISA Affiliate sponsors, maintains, or contributes to an employee welfare benefit plan, as defined in section 3(1) of ERISA, including, without limitation, any such plan maintained to provide benefits to former employees of such entities, that may
not be terminated by the Borrower, a Restricted Subsidiary or any ERISA Affiliate in its sole discretion at any time without any liability. 
 (h) Neither the Borrower, the Restricted Subsidiaries nor any ERISA Affiliate sponsors, maintains or contributes to, or has at any time in the six-year period preceding the date hereof sponsored,
maintained or contributed to, any Multiemployer Plan. 
 (i) Neither the Borrower, the Restricted Subsidiaries
nor any ERISA Affiliate is required to provide security under section 436(f) of the Code with respect to a Plan. 

Section 7.12 Disclosure; No Material Misstatements. The Borrower has disclosed to the Administrative Agent and the
Lenders all agreements, instruments and corporate or other restrictions to which it or any of the Restricted Subsidiaries is subject, and all other matters known to it, that in each case, individually or in the aggregate, could reasonably be
expected to result in a Material Adverse Effect. None of the reports, financial statements, certificates or other written information furnished by or on behalf of the Borrower or any of the Restricted Subsidiaries to the Administrative Agent or any
Lender or any of their Affiliates in connection with the negotiation of this Agreement or any other Loan Document or delivered hereunder or under any other Loan Document (as modified or supplemented by other information so furnished, collectively,
the “Information”) contained, as of the date delivered, any material misstatement of fact or omitted to state, as of the date delivered, any material fact necessary to make the statements therein, in the light of the circumstances
under which they were made, not misleading; and, as of the Effective Date, the Information does not contain any misstatement of fact or omit to state any fact that would make the Information, taken as a whole and viewed in the light of the
circumstances under which the Information was prepared, misleading in any material respect; provided that, with respect to Information consisting of projected financial information or other forward looking information, the Borrower represents
only that such Information was prepared in good faith based upon assumptions believed by the Borrower to be reasonable at the time. 
 Section 7.13 Insurance. The Borrower has, and has caused all the Restricted Subsidiaries to have, (a) all insurance policies sufficient for the compliance by each of them with all
material Laws and all material agreements and (b) insurance coverage in at least amounts and against such risk (including, without limitation, public liability) that are usually insured against by companies similarly situated and engaged in the
same or a similar business for the assets and operations of the Borrower and the Restricted Subsidiaries. With respect to insurance policies of the Borrower and the Restricted Subsidiaries, the Administrative Agent and the Lenders have been named as
additional insureds in respect of such liability insurance policies and the Administrative Agent has been named as loss payee with respect to Property loss insurance. 

  
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 Section 7.14 Restriction on Liens. Neither the Borrower nor any of the
Restricted Subsidiaries is a party to any material agreement or arrangement (other than the Revolving Loan Documents and Capital Leases creating Liens permitted by Section 9.03(c), but then only on the Property subject of such Capital
Lease), or subject to any order, judgment, writ or decree, which either restricts or purports to restrict its ability to grant Liens to the Administrative Agent and the Lenders on or in respect of their Properties to secure the Indebtedness and the
Loan Documents. 
 Section 7.15 Subsidiaries. 

(a) Except as set forth on Schedule 7.15 or as disclosed in writing to the Administrative Agent (which shall promptly furnish a
copy to the Lenders), which shall be a supplement to Schedule 7.15, the Borrower has no Subsidiaries and each Restricted Subsidiary is a Wholly-Owned Subsidiary. Neither the Borrower nor any Restricted Subsidiary has any Foreign Subsidiaries
(other than any Subsidiary that is organized under the laws of Canada or any province or territory thereof). Schedule 7.15 identifies each Unrestricted Subsidiary other than Subsidiaries of Unrestricted Subsidiaries. 

(b) [Reserved] 

(c) The amount and type of the authorized Equity Interests of each of the Persons listed on Schedule 7.15 are accurately described
thereon, and all such Equity Interests that are issued and outstanding have been validly issued and are fully paid and nonassessable and are owned by and issued to the Person listed as their owner on Schedule 7.15. The Borrower and each
Guarantor have good and marketable title to all the Equity Interests of the Subsidiaries issued to it, free and clear of all Liens other than (i) Liens contemplated by the Security Instruments and (ii) Excepted Liens described in clause
(a) or (l) of the definition thereof, and all such Equity Interests have been duly and validly issued and are fully paid and nonassessable (except to the extent general partnership interests are assessable under applicable law).

 Section 7.16 Location of Business and Offices. The Borrower’s jurisdiction of organization is
Delaware; the name of the Borrower as listed in the public records of Delaware is Atlas Energy, L.P.; and the organizational identification number of the Borrower in Delaware is 4078283 (or, in each case, as set forth in a notice delivered to the
Administrative Agent pursuant to Section 8.01(j) in accordance with Section 12.01). The Borrower’s principal place of business and chief executive offices are located at the address specified in Section 12.01
(or as set forth in a notice delivered pursuant to Section 8.01(j) and Section 12.01(c)). Each Restricted Subsidiary’s jurisdiction of organization, name as listed in the public records of its jurisdiction of
organization, organizational identification number in its jurisdiction of organization, and the location of its principal place of business and chief executive office is stated on Schedule 7.15 (or as set forth in a notice delivered pursuant
to Section 8.01(j)). 
 Section 7.17 Properties; Titles, etc. 

(a) Subject to Immaterial Title Deficiencies, each Loan Party specified as the owner had, as of the date evaluated in the most recently
delivered Reserve Report, direct, good and defensible title as owner of a fee or leasehold interest to the Oil and Gas Properties evaluated in such Reserve Report free and clear of Liens except Excepted Liens and Liens securing the Indebtedness.
Each Loan Party has good title to all personal Properties owned by it free and clear of all Liens except Liens permitted by Section 9.03. After giving full effect to the Excepted Liens, each Loan Party specified as the owner of
Hydrocarbon Interests in the most recently delivered Reserve Report owned, as of the date evaluated in such Reserve Report, the net interests in production attributable to the Hydrocarbon Interests reflected in such


  
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Reserve Report, and the ownership (whether in fee or by leasehold) of such Properties shall not in any material respect obligate the Borrower or such Restricted Subsidiary to bear the costs and
expenses relating to the maintenance, development and operations of each such Property in an amount in excess of the working interest of each Property set forth in such Reserve Report that is not offset by a corresponding proportionate increase in
such Restricted Subsidiary’s net revenue interest in such Property other than as reflected in such Reserve Report. All information contained in the most recently delivered Reserve Report is true and correct in all material respects as of the
date to which such Reserve Report relates. 
 (b) [Reserved] 

(c) All material leases and agreements necessary for the conduct of the business of the Borrower and the Restricted Subsidiaries are
valid and subsisting, in full force and effect, and there exists no default or event or circumstance which with the giving of notice or the passage of time or both would give rise to a default under any such lease or leases, except as in each case
could not reasonably be expected to result in a Material Adverse Effect. 
 (d) The rights and Properties presently owned,
leased or licensed by the Borrower and the Restricted Subsidiaries including, without limitation, all easements and rights of way, include all rights and Properties necessary to permit the Borrower and the Restricted Subsidiaries to conduct their
business in all material respects in the same manner as its business has been conducted prior to the date hereof. 
 (e) All of
the Properties of the Borrower and the Restricted Subsidiaries which are reasonably necessary for the material operation of their businesses are in good working condition and are maintained in accordance with prudent business standards. 

(f) The Borrower and each Restricted Subsidiary owns, or is licensed to use, all trademarks, tradenames, copyrights, patents and other
intellectual Property material to its business, and the use thereof by the Borrower and such Restricted Subsidiary does not infringe upon the rights of any other Person, except for any such infringements that, individually or in the aggregate, could
not reasonably be expected to result in a Material Adverse Effect. The Borrower and the Restricted Subsidiaries either own or have valid licenses or other rights to use all databases, geological data, geophysical data, engineering data, seismic
data, maps, interpretations and other technical information used in their businesses as presently conducted, subject to the limitations contained in the agreements governing the use of the same, which limitations are customary for companies engaged
in the business of the exploration and production of Hydrocarbons, with such exceptions as could not reasonably be expected to have a Material Adverse Effect. 
 Section 7.18 Maintenance of Properties. Except for such acts or failures to act as could not be reasonably expected to have a Material Adverse Effect, the Oil and Gas Properties (and
Properties unitized therewith) of the Borrower and the Restricted Subsidiaries have been maintained, operated and developed in a good and workmanlike manner and in conformity with all Laws and in conformity with the provisions of all leases,
subleases or other contracts comprising a part of the Hydrocarbon Interests and other contracts and agreements forming a part of such Oil and Gas Properties. Specifically in connection with the foregoing, except for those as could not be reasonably
expected to have a Material Adverse Effect, (a) no Oil and Gas Property owned (whether in fee or by leasehold) by any Loan Party is subject to having allowable production reduced below the full and regular allowable (including the maximum
permissible tolerance) because of any overproduction (whether or not the same was permissible at the time) and (b) none of the wells comprising a part of the Oil and Gas Properties owned (whether in fee or by leasehold) by any Loan Party (or
Properties unitized therewith) is deviated from the vertical more than the maximum permitted by Law, and such wells are, in fact, bottomed under and are producing from, and the well bores are wholly within, such Oil and Gas Properties (or in the
case of wells located on Properties unitized therewith, such unitized Properties). All pipelines, wells, gas processing plants, platforms and 

  
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other material improvements, fixtures and equipment owned in whole or in part by any Loan Party that are necessary to conduct normal operations are being maintained in a state adequate to conduct
normal operations, and with respect to such of the foregoing which are operated by any Loan Party, in a manner consistent with such Loan Party’s past practices (other than those the failure of which to maintain in accordance with this
Section 7.18 could not reasonably be expect to have a Material Adverse Effect). 
 Section 7.19 Gas
Imbalances. As of the date hereof, except as set forth on Schedule 7.19, on a net basis there are no gas imbalances or other prepayments made to the Borrower or any Restricted Subsidiary with respect to the Oil and Gas Properties
evaluated in the Reserve Report that would require the Borrower or any Restricted Subsidiary to deliver and transfer ownership of at some future time volumes of Hydrocarbons produced from such Oil and Gas Properties having a value (based on current
prices) of more than $5,000,000 without receiving full payment therefor at the time of delivery of those Hydrocarbons. 

Section 7.20 Marketing of Production. Except for contracts listed on Schedule 7.20, and thereafter disclosed in
writing by the Borrower to the Administrative Agent, in each case as included in the most recently delivered Reserve Report (with respect to all of which contracts the Borrower represents that it or the Restricted Subsidiaries are receiving a price
for all production sold thereunder which is computed substantially in accordance with the terms of the relevant contract and are not having deliveries curtailed substantially below the subject Property’s delivery capacity except as disclosed in
Schedule 7.20 or the most recently delivered Reserve Report), no agreements exist which are not cancelable by the Borrower or a Restricted Subsidiary on 60 days’ notice or less without penalty to the Borrower or a Restricted Subsidiary
or detriment for the sale of production from the Borrower’s or the Restricted Subsidiaries’ Hydrocarbons (including, without limitation, calls on or other rights to purchase production, whether or not the same are currently being
exercised) that (a) pertain to the sale of production at a fixed price and (b) have a maturity or expiry date of longer than six months from the date hereof (in the case of Schedule 7.20) or the most recently delivered Reserve
Report (in the case of each other such agreement). 
 Section 7.21 Swap Agreements. Each report required to
be delivered by the Borrower pursuant to Section 8.01(d), sets forth, a true and complete list of all Swap Agreements of the Borrower, each and Restricted Subsidiary, the type, term, effective date, termination date and notional amounts
or volumes and the net mark to market value thereof, all credit support agreements relating thereto (including any margin required or supplied) and the counterparty to each such agreement. 

Section 7.22 Solvency. The Borrower and its Restricted Subsidiaries, taken as a whole, are, and immediately after
giving effect to the Acquisition and the incurrence of all Debt and obligations being incurred in connection herewith and under the Revolving Loan Documents, will be Solvent. 
 Section 7.23 Foreign Corrupt Practices. Neither the Borrower nor any of its Subsidiaries, nor, to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of
any of the foregoing is aware of or has taken any action, directly or indirectly, that would result in a material violation by such Persons of the FCPA, including without limitation, making use of the mails or any means or instrumentality of
interstate commerce corruptly in furtherance of an offer, payment, promise to pay or authorization of the payment of any money, or other property, gift, promise to give, or authorization of the giving of anything of value to any “foreign
official” (as such term is defined in the FCPA) or any foreign political party or official thereof or any candidate for foreign political office, in contravention of the FCPA. To the knowledge of the Borrower, the Borrower, the Restricted
Subsidiaries and the Unrestricted Subsidiaries and its and their Affiliates have conducted their business in material compliance with the FCPA. 

  
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 Section 7.24 OFAC. Neither the Borrower nor any of its Subsidiaries, nor,
to the knowledge of the Borrower, any director, officer, agent, employee or Affiliate of any of the foregoing is currently subject to any material United States sanctions administered by OFAC, and the Borrower will not directly or indirectly use the
proceeds from the Loans or lend, contribute or otherwise make available such proceeds to any Subsidiary, joint venture partner or other Person, for the purpose of financing the activities of any Person known to the Borrower to be currently subject
to any United States sanctions administered by OFAC. 
 ARTICLE VIII 

AFFIRMATIVE COVENANTS 
 Until the principal of and interest on each Loan and all fees due and payable hereunder have been paid in full, and all other amounts due and payable under the Loan Documents (other than contingent
obligations for which no claim has been made) have been paid in full, the Borrower covenants and agrees with the Lenders that: 

Section 8.01 Financial Statements; Other Information. The Borrower will furnish to the Administrative Agent and each
Lender: 
 (a) Annual Financial Statements. As soon as available, but in any event in accordance with then
applicable law and not later than 100 days after the end of each fiscal year of the Borrower, its audited consolidated balance sheet and related statements of income, partners’ equity and cash flows as of the end of and for such year, setting
forth in each case in comparative form the figures for the previous fiscal year, all reported on by independent public accountants of recognized national standing (with an unqualified opinion as to “going concern” and without any
qualification or exception as to the scope of such audit) to the effect that such consolidated financial statements present fairly in all material respects the financial condition and results of operations of the Borrower and its consolidated
Subsidiaries on a consolidated basis in accordance with GAAP consistently applied, to be accompanied by management’s discussion and analysis of financial condition and results of operations of the Borrower and its consolidated Subsidiaries on a
consolidated basis for such fiscal year. 
 (b) Quarterly Financial Statements. As soon as available, but
in any event in accordance with then applicable law and not later than 55 days after the end of each of the first three fiscal quarters of each fiscal year of the Borrower, its consolidated balance sheet and related statements of income,
partners’ equity and cash flows as of the end of and for such fiscal quarter and the then elapsed portion of the fiscal year, setting forth in each case in comparative form the figures for the corresponding period or periods of (or, in the case
of the balance sheet, as of the end of) the previous fiscal year, all certified by one of its Financial Officers as presenting fairly in all material respects the financial condition and results of operations of the Borrower and its consolidated
Subsidiaries on a consolidated basis in accordance with GAAP consistently applied, subject to normal year-end audit adjustments and the absence of footnotes, to be accompanied by management’s discussion and analysis of financial condition and
results of operations of the Borrower and its consolidated Subsidiaries on a consolidated basis for such fiscal quarter. 
 (c) Certificate of Financial Officer – Compliance. Concurrently with any delivery of financial statements under Section 8.01(a) or Section 8.01(b), a compliance
certificate of a Financial Officer of the Borrower in substantially the form of Exhibit D hereto (i) certifying as to whether a Default has occurred and, if a Default has occurred, specifying the details thereof and any action taken or
proposed to be taken with respect thereto and (ii) setting forth reasonably detailed 

  
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calculations (a) demonstrating compliance with Section 9.01 and (b) of the Recognized Value and the Recognized Value Ratio as of the last day of the fiscal period covered by
such financial statements. Each such certificate (including the financial statements and calculations delivered with such certificate) shall include reasonably detailed information regarding all cash dividends and distributions received by any
Restricted Subsidiary from Persons other than Restricted Subsidiaries which were included in the calculations of the ratios that are the subject of Section 9.01 hereof (which information shall include a reconciliation of the
Borrower’s calculation of EBITDA versus the calculation of Consolidated Net Income in accordance with GAAP). 
 (d) Certificate of Financial Officer – Swap Agreements. Concurrently with the delivery of financial statements under Section 8.01(a) or Section 8.01(b) if any Swap
Agreements are outstanding, a certificate of a Financial Officer, in form and substance reasonably satisfactory to the Administrative Agent, setting forth as of a recent date, a true and complete list of all Swap Agreements of the Borrower and each
Restricted Subsidiary, the material terms thereof, the net mark-to-market value therefor, any new credit support agreements relating thereto not listed in the certificate delivered to the Administrative Agent pursuant to Section 6.01(r),
any margin required or supplied under any credit support document, and the counterparty to each such agreement. 

(e) Certificate of Insurer – Insurance Coverage. Within 30 days following the reasonable request by the
Administrative Agent, a certificate of insurance coverage from each insurer with respect to the insurance required by Section 8.06, in form and substance reasonably satisfactory to the Administrative Agent, and, if also reasonably
requested by the Administrative Agent, all copies of the applicable policies. 
 (f) SEC and Other Filings;
Reports to Shareholders. Promptly after the same become publicly available, copies of all periodic and other reports, proxy statements and other materials filed by the Borrower or any Restricted Subsidiary with the SEC, or with any national
securities exchange, or distributed by the Borrower to its shareholders generally, as the case may be. Documents required to be delivered pursuant to Section 8.01(a) and Section 8.01(b) and this Section 8.01(f)
may be delivered electronically and shall be deemed to have been delivered on the date on which the Borrower posts such documents to EDGAR (or such other free, publicly-accessible internet database that may be established and maintained by the SEC
as a substitute for or successor to EDGAR). 
 (g) Notices Under Material Instruments. Promptly after the
furnishing thereof, copies of any notice of any breach, default, violation, demand, or any other material event furnished to or by any Person pursuant to the terms of any indenture, loan or credit or other similar agreement representing Material
Indebtedness, other than this Agreement and not otherwise required to be furnished to the Lenders pursuant to any other provision of this Section 8.01. 

(h) Lists of Purchasers. Promptly upon written request of the Administrative Agent, a list of Persons purchasing
Hydrocarbons from the Borrower or any Restricted Subsidiary accounting for at least 85% of the revenues resulting from the sale of all Hydrocarbons in the one-year period prior to the “as of” date of such Reserve Report. 

(i) Notice of Casualty Events. Prompt written notice, and in any event within three (3) Business Days, after
the Borrower obtains knowledge thereof, of the occurrence of any Casualty Event or the commencement of any action or proceeding that could reasonably be expected to result in a Casualty Event. 

  
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 (j) Information Regarding the Borrower and the Restricted
Subsidiaries. Prompt written notice (and in any event within ten (10) Business Days thereof) of any change (i) in the Borrower’s or any Restricted Subsidiary’s corporate name or in any trade name used to identify such Person
in the conduct of its business or in the ownership of its Properties, (ii) in the location of the Borrower’s or any Restricted Subsidiary’s chief executive office or principal place of business, (iii) in any Loan Party’s
identity or corporate structure or in the jurisdiction in which such Person is incorporated or formed, (iv) in the Borrower’s or any Restricted Subsidiary’s jurisdiction of organization or such Person’s organizational
identification number in such jurisdiction of organization, and (v) in the Borrower’s or any Restricted Subsidiary’s federal taxpayer identification number. 

(k) Production Report and Lease Operating Statements. Promptly upon written request of the Administrative Agent, a
report setting forth, for the current fiscal year to date, the volume of production and sales attributable to production (and the prices at which such sales were made and the revenues derived from such sales) from the Oil and Gas Properties owned
(whether in fee or by leasehold) by any Loan Party and setting forth the related ad valorem, severance and production taxes and lease operating expenses attributable thereto and incurred. 

(l) Notices of Certain Changes. Except as otherwise provided herein or in the other Loan Documents, promptly, but
in any event within five (5) Business Days after the execution thereof, copies of any amendment, modification or supplement to the certificate or articles of incorporation, by-laws, any preferred stock designation or any other organic document
of the Borrower or any Restricted Subsidiary. 
 (m) Certificate of Financial Officer – Consolidating
Information. If, at any time, there exist any Unrestricted Subsidiaries of the Borrower, then concurrently with any delivery of financial statements under Section 8.01(a) and Section 8.01(b), a certificate of a Financial
Officer setting forth consolidating spreadsheets that show all Unrestricted Subsidiaries and the eliminating entries, in such form as is reasonably acceptable to the Administrative Agent. 

(n) [Reserved] 
 (o) [Reserved] 
 (p) [Reserved] 

(q) Other Requested Information. Promptly following any request therefor, such other information regarding the
operations, business affairs and financial condition of the Borrower, any Restricted Subsidiary or any ERISA Affiliate (including, without limitation, any Plan or Multiemployer Plan and any reports or other information required to be filed under
ERISA), or compliance with the terms of this Agreement or any other Loan Document, as the Administrative Agent or any Lender may reasonably request. 
 (r) Quarterly Conference Calls. The Borrower will, within 30 days after the date of the delivery (or, if later, required delivery) of the quarterly and annual financial information pursuant to
Sections 8.01(a) and (b), hold a conference call or teleconference, at a time selected by the Borrower and reasonably acceptable to the Administrative Agent, with all of the Lenders that choose to participate, to review the financial
results of the previous fiscal quarter or fiscal year, as the case may be, of the Borrower and the financial condition of the Borrower and the Restricted Subsidiaries on a consolidated basis and the budgets presented for the current fiscal year of
the Borrower. For the avoidance of doubt, the Borrower may satisfy the requirements of this paragraph by combining the conference calls required above with the earnings conference calls of the Borrower that are held on a quarterly basis with equity
holders. 

  
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 Section 8.02 Notices of Material Events. The Borrower will furnish to the
Administrative Agent prompt written notice of the following: 
 (a) the occurrence of any Event of Default.

 (b) the filing or commencement of any action, suit, proceeding, investigation or arbitration by or before any
arbitrator or Governmental Authority against the Borrower or any Restricted Subsidiary thereof not previously disclosed in writing to the Lenders or any material adverse development in any action, suit, proceeding, investigation or arbitration
previously disclosed to the Lenders that, if adversely determined, could reasonably be expected to result in liability in excess of $5,000,000. 
 (c) the occurrence of any ERISA Event that, alone or together with any other ERISA Events that have occurred, could reasonably be expected to result in liability of the Borrower, the Restricted
Subsidiaries or any ERISA Affiliate in an amount exceeding $2,500,000. 
 (d) any other development that results
in, or could reasonably be expected to result in, a Material Adverse Effect. 
 Each notice delivered under this
Section 8.02 shall be accompanied by a statement of a Responsible Officer setting forth the details of the event or development requiring such notice and any action taken or proposed to be taken with respect thereto. 

Section 8.03 Existence; Conduct of Business. The Borrower will, and will cause each Restricted Subsidiary to, do or
cause to be done all things necessary to preserve, renew and keep in full force and effect its legal existence and the rights, licenses, permits, privileges and franchises material to the conduct of its business and maintain, if necessary, its
qualification to do business in each other jurisdiction in which the nature of the business conducted by it requires such qualification, except where the failure to do any of the foregoing could not reasonably be expected to have a Material Adverse
Effect; provided that the foregoing shall not prohibit any merger, consolidation, liquidation or dissolution permitted under Section 9.10. 
 Section 8.04 Payment of Obligations. The Borrower will, and will cause each Restricted Subsidiary to, pay its obligations (other than obligations in respect of Debt or Swap Agreements,
as to which Section 10.01(f) shall apply), including tax liabilities of the Borrower and all of the Restricted Subsidiaries before the same shall become delinquent or in default, except where (a) the validity or amount thereof is
being contested in good faith by appropriate proceedings, (b) the Borrower or such Restricted Subsidiary has set aside on its books adequate reserves with respect thereto in accordance with GAAP, and (c) the failure to make payment pending
such contest could not reasonably be expected to result in a Material Adverse Effect or result in the seizure or levy of any Property of the Borrower or any Restricted Subsidiary in excess of $5,000,000 in the aggregate. 

Section 8.05 Operation and Maintenance of Properties. The Borrower, at its own expense, will, and will cause each
Restricted Subsidiary to, except to the extent any failure to do so could not reasonably be expected to result in a Material Adverse Effect: 
 (a) operate its Oil and Gas Properties and other material Properties or cause such Oil and Gas Properties and other material Properties to be operated in a careful and efficient manner


  
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in accordance with the practices of the industry and in compliance with all applicable contracts and agreements and in compliance with all Laws, including, without limitation, applicable pro
ration requirements and Environmental Laws, and all applicable laws, rules and regulations of every other Governmental Authority from time to time constituted to regulate the development and operation of its Oil and Gas Properties and the production
and sale of Hydrocarbons and other minerals therefrom. 
 (b) keep and maintain all Property material to the
conduct of its business in good working order and condition, ordinary wear and tear excepted, and preserve, maintain and keep in good repair, working order and efficiency (ordinary wear and tear excepted) all of its material Oil and Gas Properties
and other material Properties, including, without limitation, all equipment, machinery and facilities, except to the extent a portion of such Property is no longer capable of producing Hydrocarbons in economically reasonable amounts; provided
that the foregoing shall not prohibit any sale of any assets permitted by Section 9.11. 
 (c)
promptly pay and discharge, or make reasonable and customary efforts to cause to be paid and discharged, all delay rentals, royalties, and expenses accruing under the leases or other agreements affecting or pertaining to its Oil and Gas Properties
and do all other things necessary to keep unimpaired their rights with respect thereto and prevent any forfeiture thereof or default thereunder. 
 (d) promptly perform or make reasonable and customary efforts to cause to be performed, in accordance with industry standards, the obligations required by each and all of the assignments, deeds, leases,
sub-leases, contracts and agreements affecting its interests in its Oil and Gas Properties and other material Properties. 
 (e) to the extent the Borrower is not the operator of any Property, use commercially reasonable efforts to cause the operator to comply with this Section 8.05. 

Section 8.06 Insurance. The Borrower will, and will cause each Restricted Subsidiary to, maintain, with financially
sound and reputable insurance companies, insurance in such amounts and against such risks as are customarily maintained by companies engaged in the same or similar businesses operating in the same or similar locations. With respect to insurance
policies of the Borrower and the Restricted Subsidiaries, the loss payable clauses or provisions in said insurance policy or policies insuring any of the Collateral shall be endorsed in favor of and made payable to the Administrative Agent as its
interests may appear and such policies shall name the Administrative Agent for the benefit of the Secured Creditors as “additional insured” and loss payee and/or mortgagee, as the case may be, and provide that the insurer will endeavor to
give at least 30 days prior notice of any cancellation to the Administrative Agent. 
 Section 8.07 Books and
Records; Inspection Rights. The Borrower will, and will cause each Restricted Subsidiary to, keep proper books of record and account in which full, true and correct entries are made of all dealings and transactions in relation to its business
and activities. The Borrower will, and will cause each Restricted Subsidiary to, permit any representatives designated by the Administrative Agent or any Lender, upon reasonable prior notice, to visit and inspect its Properties (accompanied by a
representative of the Borrower), to examine and make extracts from its books and records, and to discuss its affairs, finances and condition with its officers and independent accountants (provided that the Borrower shall be given the
opportunity to participate in such discussions), all at such reasonable times during normal business hours and as often as reasonably requested. 

  
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 Section 8.08 Compliance with Laws. The Borrower will, and will cause each
Restricted Subsidiary to, comply with all laws, rules, regulations and orders of any Governmental Authority applicable to it or its Property, except where the failure to do so, individually or in the aggregate, could not reasonably be expected to
result in a Material Adverse Effect. 
 Section 8.09 Environmental Matters. 

(a) Except where the failure to do so, individually or in the aggregate, could not reasonably be expected to result in a Material Adverse
Effect, the Borrower shall at its sole expense: (i) comply, and shall cause its Properties and operations and each Restricted Subsidiary and each Restricted Subsidiary’s Properties and operations to comply, with all Environmental Laws;
(ii) not Release or threaten to Release, and shall cause each Restricted Subsidiary not to Release or threaten to Release, any Hazardous Material on, under, about or from any of the Borrower’s or the Restricted Subsidiaries’
Properties or any other property offsite the Property to the extent caused by the Borrower’s or any of the Restricted Subsidiaries’ operations except in compliance with Environmental Laws; (iii) timely obtain or file, and shall cause
each Restricted Subsidiary to timely obtain or file, all environmental permits, if any, required under Environmental Laws to be obtained or filed in connection with the operation or use of the Borrower’s or the Restricted Subsidiaries’
Properties; (iv) promptly commence and diligently prosecute to completion, and shall cause each Restricted Subsidiary to promptly commence and diligently prosecute to completion, any assessment, evaluation, investigation, monitoring,
containment, cleanup, removal, repair, restoration, remediation or other remedial obligations (collectively, the “Remedial Work”) in the event any Remedial Work is required or reasonably necessary under Environmental Laws because of
or in connection with the actual or suspected past, present or future Release or threatened Release of any Hazardous Material on, under, about or from any of the Borrower’s or the Restricted Subsidiaries’ Properties; (v) conduct, and
cause the Restricted Subsidiaries to conduct, their respective operations and businesses in a manner that will not expose any Property or Person to Hazardous Materials that could reasonably be expected to form the basis for any Environmental Claim;
and (vi) establish and implement, and shall cause each Restricted Subsidiary to establish and implement, such procedures as may be necessary to continuously determine and assure that the Borrower’s and the Restricted Subsidiaries’
obligations under this Section 8.09 are timely and fully satisfied. 
 (b) The Borrower will promptly, but in no
event later than five (5) Business Days after the occurrence of a triggering event, notify the Administrative Agent and the Lenders in writing of any Environmental Claim against the Borrower or the Restricted Subsidiaries or their Properties of
which the Borrower has knowledge in connection with any Environmental Laws if the Borrower could reasonably anticipate that such Environmental Claim will result in liability (whether individually or in the aggregate) of greater than $5,000,000 in
excess of the amount covered by insurance. 
 (c) The Borrower will, and will cause each Restricted Subsidiary to, provide
environmental assessments, audits and tests in accordance with the most current version of the American Society of Testing Materials standards upon request by the Administrative Agent and the Lenders and no more than once per year in the absence of
any Event of Default (or as otherwise required to be obtained by the Administrative Agent or the Lenders by any Governmental Authority), in connection with any future acquisitions of Oil and Gas Properties or other Properties. 

Section 8.10 Further Assurances. 
 (a) The Borrower at its expense will, and will cause each Restricted Subsidiary to, promptly execute and deliver to the Administrative Agent all such other documents, agreements and instruments reasonably
requested by the Administrative Agent to comply with, cure any defects or accomplish the conditions precedent, covenants and agreements of the Borrower or any Restricted Subsidiary, as the case


  
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may be, in the Loan Documents, including the Notes, if any, or to further evidence and more fully describe the collateral intended as security for the Indebtedness, or to correct any omissions in
this Agreement or the Security Instruments, or to state more fully the obligations secured therein, or to perfect, protect or preserve any Liens created pursuant to this Agreement or any of the Security Instruments or the priority thereof, or to
make any recordings, file any notices or obtain any consents, all as may be reasonably necessary or appropriate, in the reasonable discretion of the Administrative Agent, in connection therewith. 

(b) The Borrower hereby authorizes the Administrative Agent to file one or more financing or continuation statements, and amendments
thereto, relative to all or any part of the Collateral. A carbon, photographic or other reproduction of the Security Instruments or any financing statement covering the Collateral or any part thereof shall be sufficient as a financing statement
where permitted by law. 
 The Borrower shall cause APL and ARP to at all times be party to a Registration Rights Agreement with
respect to the APL Units and ARP Units, respectively, with the Administrative Agent in form and substance reasonably satisfactory to the Administrative Agent. 
 Section 8.11 Reserve Reports. 
 (a) On or before April 1
and October 1 of each year, commencing April 1, 2014, the Borrower shall furnish to the Administrative Agent and the Lenders a Reserve Report. The Reserve Report to be delivered on or before April 1 of each year shall be prepared as
of December 31 of the prior year. The Reserve Report to be delivered on or before October 1 of each year shall be prepared as of June 30 of that year. The Reserve Report prepared as of December 31 of each year shall be prepared
by one or more Approved Petroleum Engineers. All other Reserve Reports shall be prepared by or under the supervision of the chief engineer of the Borrower and substantially in accordance with the procedures used in the preceding Reserve Report
prepared as of December 31. Each Reserve Report prepared by or under the supervision of the chief engineer of the Borrower shall be certified by the chief engineer to be true and accurate in all material respects and to have been prepared
substantially in accordance with the procedures used in the immediately preceding Reserve Report prepared as of December 31. Each Reserve Report shall identify which Loan Party owns (whether in fee or by leasehold) each Oil and Gas Property
included in such Reserve Report and no Reserve Report shall evaluate any Oil and Gas Property other than those directly owned (whether in fee or by leasehold) by a Loan Party. 
 (b) With the delivery of each Reserve Report, the Borrower shall provide to the Administrative Agent and the Lenders a certificate substantially in the form of Exhibit G from a Responsible Officer
certifying that in all material respects, to the best of such Responsible Officer’s knowledge: (i) the information contained in the Reserve Report and any other information delivered in connection therewith is true and correct, except that
with respect to the projections in the Reserve Report, such Responsible Officer only represents that such projections were prepared in accordance with SEC regulations, (ii) the representations and warranties contained in
Section 7.17(a) remain true and correct as of the date of such certificate, (iii) except as set forth on an exhibit to the certificate, on a net basis there are no gas imbalances or other prepayments made to the Borrower or any
Restricted Subsidiary with respect to the Oil and Gas Properties evaluated in such Reserve Report which would require the Borrower or any Restricted Subsidiary to deliver and transfer ownership at some future time volumes of Hydrocarbons produced
from such Oil and Gas Properties having a value (based on current prices) of more than $5,000,000 without receiving full payment therefor at the time of delivery of those Hydrocarbons, (iv) none of the Oil and Gas Properties of the Loan Parties
have been sold since the date of the last Reserve Report except as set forth on an exhibit to the certificate, which exhibit shall list all of the Oil and Gas Properties so sold in such detail as reasonably required by the Administrative Agent,
(v) attached to the certificate is a list of all marketing agreements entered into subsequent to the later of the date hereof or the most recently delivered 

  
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Reserve Report which the Borrower would have been obligated to list on Schedule 7.20 had such agreement been in effect on the date hereof and (vi) attached to the certificate is a
schedule of the Oil and Gas Properties evaluated by such Reserve Report that are Mortgaged Properties and demonstrating the percentage of the value of all Oil and Gas Properties evaluated in such Reserve Report as of the date of the certificate that
the value of such Mortgaged Properties represent. 
 Section 8.12 Post-Closing Collateral Actions. Within
ninety (90) days following the Effective Date (or such longer period as the Administrative Agent may agree in its sole discretion) the Borrower and the Restricted Subsidiaries shall provide the Administrative Agent with (i) counterparts of
properly executed and recorded Mortgages on at least the Required Mortgage Value of Oil and Gas Properties and (ii) counterparts of properly executed account control agreements in respect of certain deposit accounts and securities accounts held
by the Borrower which are listed on Exhibit E hereto. 
 Section 8.13 Title Information. 

(a) The Borrower shall, at all times during the term of this Agreement, make available for review by the Administrative Agent and the
Lenders at the chief executive office of the Borrower (or such other location as the Borrower may reasonably select) during normal business hours upon reasonable advance notice to the Borrower, other information reasonably requested by the
Administrative Agent covering the Oil and Gas Properties evaluated in the most recently delivered Reserve Report. 
 (b) In
connection with the delivery of each Reserve Report required by Section 8.11(a), the Borrower shall take all commercially reasonable efforts to ensure that the Administrative Agent shall have received or have been provided reasonable
access to, on or prior to the date such Reserve Report is required to be delivered pursuant to Section 8.11(a), title information (reasonably satisfactory to the Administrative Agent) as the Administrative Agent may reasonably require
with respect to any Oil and Gas Properties evaluated in such Reserve Report so that the Administrative Agent shall have received, together with title information previously reviewed by the Administrative Agent, the Minimum Title Information.

 (c) If the Borrower has provided or made reasonably available title information for Properties under
Section 8.13(a) or Section 8.13(b), the Borrower shall, within 90 days of notice from the Administrative Agent that the Administrative Agent has reasonably determined that title defects, exceptions or omissions (other than
Excepted Liens (subject to the provisos at the end of such definition) and Immaterial Title Deficiencies) exist with respect to such Properties, either (i) cure any such title defects, exceptions or omissions (including defects or exceptions as
to priority) which are not permitted by Section 9.03, (ii) substitute Mortgaged Properties with no title defects, exceptions or omissions except for Immaterial Title Deficiencies and Excepted Liens (subject to the provisos at the
end of such definition) having at least an equivalent value as determined in the most recent Reserve Report, or (iii) deliver title information in form and substance reasonably satisfactory to the Administrative Agent with respect to other Oil
and Gas Properties so that the Administrative Agent shall have received, together with title information previously delivered to the Administrative Agent, the Minimum Title Information with respect to Oil and Gas Properties evaluated in the most
recently delivered Reserve Report (and other Oil and Gas Properties submitted as Mortgaged Properties under the foregoing clause (ii)) free from such title defects, exceptions or omissions (other than Excepted Liens (subject to the provisos at the
end of such definition) and Immaterial Title Deficiencies). 
 Section 8.14 Additional Collateral; Additional
Guarantors. 
 (a) In connection with each delivery of a Reserve Report hereunder, the Borrower shall review such Reserve
Report and the Oil and Gas Properties subject to a Mortgage as of the date of such Reserve 

  
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Report. If the aggregate value of the Oil and Gas Properties subject to a valid and perfected Mortgage with the priority required by the Intercreditor Agreement is less than the Required Mortgage
Value, then the Borrower shall, and shall cause the Restricted Subsidiaries to, grant within 30 days of the delivery of the most recent Reserve Report to the Administrative Agent as security for the Indebtedness a valid and perfected Lien with the
priority required by the Intercreditor Agreement (provided that Excepted Liens of the type described in clauses (a) to (d), (f) and (l) of the definition thereof may exist, but subject to the provisos at the end of such
definition) on additional Oil and Gas Properties to the extent necessary to cause the aggregate value of the Oil and Gas Properties subject to a valid and perfected Mortgage with the priority required by the Intercreditor Agreement to equal or
exceed the Required Mortgage Value. All such Liens will be created and perfected by and in accordance with the provisions of Mortgages or other Security Instruments, all in form and substance reasonably satisfactory to the Administrative Agent. Any
Restricted Subsidiary that creates a Lien on its Oil and Gas Properties shall become a Guarantor in accordance with Section 8.14(c). 
 (b) The Borrower shall promptly cause each Material Subsidiary formed or acquired after the Effective Date to guarantee the Indebtedness pursuant to the Guaranty Agreement. In connection with any such
guaranty, the Borrower shall (i) cause such Material Subsidiary to (A) execute and deliver a Joinder Agreement pursuant to which such Material Subsidiary becomes a party to the Guaranty Agreement and becomes a Guarantor, and
(B) execute and deliver a Joinder Agreement pursuant to which such Material Subsidiary becomes a party to the Security Agreement and grants a valid and perfected security interest with the priority required by the Intercreditor Agreement
(provided that Excepted Liens of the type described in clause (l) of the definition thereof may exist) in substantially all of its personal Property to the extent required by the Security Agreement and each other applicable Security
Instrument (including the filing of financing statements), and (ii) execute and deliver (or, if the direct parent of such Material Subsidiary is not the Borrower, cause such Material Subsidiary’s direct parent to execute and deliver) a
Security Agreement Supplement pursuant to which the applicable Loan Party will grant a valid and perfected security interest with the priority required by the Intercreditor Agreement (provided that Excepted Liens of the type described in
clause (l) of the definition thereof may exist) in all of the Equity Interests in such Material Subsidiary (and will, without limitation, deliver original certificates (if any) evidencing the Equity Interests of such Material Subsidiary,
together with undated stock powers (or the equivalent for any such Material Subsidiary that is not a corporation) for each certificate duly executed in blank by the registered owner thereof) to the Administrative Agent or the Revolving Loan Agent as
bailee for the Administrative Agent pursuant to the Intercreditor Agreement. 
 (c) [Reserved] 

(d) In the event that any Loan Party acquires any material Property (other than any Oil and Gas Property and any Property in which a
security interest is created under the Security Agreement) after the Effective Date, the Borrower shall, or shall cause such other Loan Party to give the Administrative Agent prompt written notice thereof and execute and deliver any Security
Instruments reasonably required by the Administrative Agent in order to create a valid and perfected security interest and Lien therein with the priority required by the Intercreditor Agreement (provided that Excepted Liens of the type
described in clause (l) of the definition thereof may exist) in such Property to the extent required by the applicable Security Instruments. 
 (e) [Reserved] 
 (f) [Reserved] 

(g) In furtherance of the foregoing in this Section 8.14, each Loan Party (including any newly created or acquired Material
Subsidiary) shall execute and deliver (or otherwise provide, as applicable) 

  
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to the Administrative Agent such other additional Security Instruments, documents, certificates, legal opinions, title insurance policies, surveys, abstracts, appraisals, environmental
assessments, flood information and/or flood insurance policies, in each case as may be reasonably requested by the Administrative Agent and as reasonably satisfactory to the Administrative Agent. 

(h) The Borrower agrees that it will not, and will not permit any Guarantor to, grant a Lien on any Property to secure the Revolving Debt
without contemporaneously granting to the Administrative Agent, as security for the Indebtedness, an equal priority, perfected Lien (provided that Excepted Liens of the type described in clauses (a) to (d), (f) and (l) of the
definition thereof may exist, but subject to the provisos at the end of such definition) on the same Property pursuant to Security Instruments in form and substance reasonably satisfactory to the Administrative Agent. 

(i) The Borrower will cause any Subsidiary guaranteeing the Revolving Debt that is not guaranteeing the Indebtedness to contemporaneously
become a Guarantor by executing and delivering a Joinder Agreement. 
 Section 8.15 ERISA Compliance. The
Borrower will promptly furnish and will cause the Restricted Subsidiaries and any ERISA Affiliate to promptly furnish to the Administrative Agent (a) promptly after the filing thereof with the United States Secretary of Labor, the Internal
Revenue Service or the PBGC, copies of each annual and other report with respect to each Plan or any trust created thereunder, (b) promptly upon becoming aware of the occurrence of any ERISA Event or of any “prohibited transaction,”
as described in section 406 of ERISA or in section 4975 of the Code, in connection with any Plan or any trust created thereunder, a written notice signed by the President or the principal Financial Officer, the Restricted Subsidiary or the ERISA
Affiliate, as the case may be, specifying the nature thereof, what action the Borrower, the Restricted Subsidiary or the ERISA Affiliate is taking or proposes to take with respect thereto, and, when known, any action taken or proposed by the
Internal Revenue Service, the Department of Labor or the PBGC with respect thereto, and (c) promptly upon receipt thereof, copies of any notice of the PBGC’s intention to terminate or to have a trustee appointed to administer any Plan.
With respect to each Plan (other than a Multiemployer Plan), the Borrower will, and will cause each Restricted Subsidiary and ERISA Affiliate to, except to the extent the failure to do so could not reasonably be expected to result in a Material
Adverse Effect, (i) satisfy in full and in a timely manner, without incurring any late payment or underpayment charge or penalty and without giving rise to any lien, all of the contribution and funding requirements of section 412 of the Code
and of section 302 of ERISA, and (ii) pay, or cause to be paid, to the PBGC in a timely manner, without incurring any late payment or underpayment charge or penalty, all premiums required pursuant to sections 4006 and 4007 of ERISA. 

Section 8.16 Unrestricted Subsidiaries. The Borrower: 

(a) will cause the management, business and affairs of each of the Borrower and its Subsidiaries to be conducted in such a
manner (including, without limitation, by keeping separate books of account) so that each Unrestricted Subsidiary that is a corporation will be treated as a corporate entity separate and distinct from Borrower and the Restricted Subsidiaries;
provided that the foregoing will not prohibit payments under expense sharing agreements with such Unrestricted Subsidiaries which are consistent with past practices and/or required by any applicable Governmental Authority. 

(b) will not, and will not permit any of the Restricted Subsidiaries to, assume, guarantee or be or become liable for any
Debt of any of the Unrestricted Subsidiaries except in accordance with Section 9.05(g). 
 (c) will
not permit any Unrestricted Subsidiary to hold any Equity Interest in the Borrower or any Restricted Subsidiary, ARP or APL. 

  
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 Section 8.17 Use of Proceeds. The Borrower shall use the proceeds of the
Loans only (i) for working capital and general corporate purposes of the Borrower and the Subsidiaries and (ii) to make Investments permitted under Section 9.05 and (iii) to pay the fees, expenses and other transaction
costs of the Transactions and the Acquisition. No part of the proceeds of any Loan will be used, whether directly or indirectly, for any purpose that would violate any of the regulations of the Board, including Regulations T, U and X. If requested
by the Administrative Agent, the Borrower will furnish to the Administrative Agent and each Lender a statement to the foregoing effect in conformity with the requirements of Form U-1, Form G-3 or such other form referred to in Regulations T, U and X
of the Board, as the case may be. 
 Section 8.18 Maintenance of Ratings. The Borrower and its Restricted
Subsidiaries shall use commercially reasonable efforts to maintain (i) a public corporate credit rating from S&P and a public corporate family rating from Moody’s in respect of the Borrower and (ii) a credit rating in respect of
the Loans from each of S&P and Moody’s (it being understood that there shall be no requirement to maintain any specific credit rating). 
 Section 8.19 Swap Agreements for Acquired Assets. The Borrower or the Guarantors shall, or shall cause ARP or the subsidiaries of ARP that are guarantors under the ARP Senior Credit
Agreement to, enter into incremental Swap Agreements (in the form of swaps) following the date hereof within the deadlines set forth in the table below reasonably satisfactory to the Administrative Agent with respect to production from the Acquired
Assets to hedge notional volumes in aggregate amounts not less than the percentages set forth in the table below for each month during the applicable time periods set forth in the table below, in each case of the reasonably anticipated production of
natural gas from proved, developed and producing Oil and Gas Properties comprising the Acquired Assets: 
  

													
	Time Period (relative to Effective Date)	  	Within 15 days after the
Effective Date	 	 	Within 30 days after the
Effective Date	 	 	Within 45 days after the
Effective Date	 
				
	 Months 1-12
	  	 	50	% 	 	 	75	% 	 	 	75	% 
				
	 Months 13-24
	  	 	25	% 	 	 	75	% 	 	 	75	% 
				
	 Months 25-36
	  	 	0	% 	 	 	25	% 	 	 	75	% 
				
	 Months 37-60
	  	 	0	% 	 	 	0	% 	 	 	25	% 


  
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 ARTICLE IX 
 NEGATIVE COVENANTS 
 Until the principal of and interest on the Loans and all fees
due and payable hereunder have been paid in full, and all other amounts due and payable under the Loan Documents (other than contingent obligations for which no claim has been made) have been paid in full, the Borrower covenants and agrees with the
Lenders that: 
 Section 9.01 Financial Covenants. 

The Borrower will not permit as of the last day of any Rolling Period, the ratio of Total Funded Debt as of such day to EBITDA for the
Rolling Period ending on such day to be greater than (i) as of the last day of the Rolling Periods ending on or prior to September 30, 2014, 4.50:1.0, (ii) as of the last day of the Rolling Periods ending after September 30, 2014
but on or prior to September 30, 2015, 4.00:1.0, and (iii) as of the last day of each Rolling Period ending thereafter 3.50:1.0. 
 Section 9.02 Debt. 
 The Borrower will not, and will not permit
any Restricted Subsidiary to, incur, create, assume or suffer to exist any Debt, except: 
 (a) the Indebtedness
arising under the Loan Documents or any guaranty of or suretyship arrangement for the Indebtedness arising under the Loan Documents. 
 (b) Debt of the Borrower and the Restricted Subsidiaries existing on the date hereof that is reflected on Schedule 9.02 and any refinancings, refundings, replacements, renewals and extensions
thereof that do not increase the then outstanding principal amount thereof (other than any increase not exceeding the amount of any fees, premium, if any, and financing costs relating to such refinancing). 

(c) accounts payable and accrued expenses, liabilities or other obligations to pay the deferred purchase price of Property
or services, from time to time incurred in the ordinary course of business which are not greater than 90 days past the date of invoice or which are being contested in good faith by appropriate action and for which adequate reserves have been
maintained in accordance with GAAP. 
 (d) Debt under Capital Leases or Purchase Money Debt not to exceed
$5,000,000 in the aggregate at any time outstanding. 
 (e) Debt associated with worker’s compensation
claims, performance, bid, appeal, surety or similar bonds or surety obligations required by Law or third parties in connection with the operation of the Loan Parties’ Properties and otherwise in the ordinary course of business. 

(f) intercompany Debt between the Borrower and any Restricted Subsidiary or between Restricted Subsidiaries to the extent
permitted by Section 9.05(g); provided that such Debt is not held, assigned, transferred, negotiated or pledged to any Person other than the Borrower or one of its Wholly-Owned Subsidiaries except pursuant to the Loan Documents,
and, provided further, that any such Debt owed by either the Borrower or a Guarantor shall be subordinated to the Indebtedness on terms set forth in the Guaranty Agreement. 

(g) Debt resulting from the endorsement of negotiable instruments in the ordinary course of business or arising from the
honoring of a check, draft or similar instrument presented by the Borrower or any Restricted Subsidiary in the ordinary course of business against insufficient funds. 

(h) Debt (other than Debt for borrowed money) arising from judgments or orders in circumstances not constituting an Event
of Default. 

  
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 (i) Debt of any Person at the time such Person becomes a Restricted
Subsidiary of the Borrower or any Restricted Subsidiary, or is merged or consolidated with or into the Borrower or any Restricted Subsidiary, in a transaction permitted by this Agreement, and extensions, renewals, refinancings, refundings and
replacements of any such Debt that do not increase the outstanding principal amount thereof (other than any increase not exceeding the amount of any fees, premium, if any, and financing costs relating to such refinancing), provided that
(i) such Debt (other than any such extension, renewal, refinancing, refunding or replacement) exists at the time such Person becomes a Restricted Subsidiary and is not created in contemplation of such event, (ii) neither the Borrower nor
any of the Restricted Subsidiaries shall be liable for such Debt, (iii) the Borrower is in Pro Forma Compliance with the covenant contained in Section 9.01, (iv) the principal amount of such Debt does not exceed $1,000,000 in
the aggregate at any time outstanding, and (v) any such Debt has a maturity date not sooner than 180 days after the Maturity Date. 
 (j) Debt incurred by the entering into of any guarantee of, or into another contingent obligation with respect to, other Debt or other liability of any other Person (other than another Loan Party) to the
extent such Debt is permitted under Section 9.05. 
 (k) Revolving Debt not to exceed $50,000,000 in
the aggregate at any time outstanding. 
 (l) other unsecured Debt incurred after the Effective Date not to
exceed $15,000,000 in the aggregate at any time outstanding. 
 Notwithstanding anything contained in Section 9.02
to the contrary, in no event shall the Borrower permit the APL General Partner to incur, create, assume or suffer to exist any Debt other than Debt that is incidental to its performance as general partner of APL. 

Section 9.03 Liens. The Borrower will not, and will not permit any Restricted Subsidiary to, create, incur, assume or
permit to exist any Lien on any of its Properties (now owned or hereafter acquired), except: 
 (a) Liens
securing the payment of any Indebtedness. 
 (b) Excepted Liens and Immaterial Title Deficiencies. 

(c) Liens securing Capital Leases and Purchase Money Debt permitted by Section 9.02(d) but only on the
Property that is the subject of such Capital Lease or Purchase Money Debt and on other Property reasonably related thereto. 
 (d) Liens in existence on the date hereof listed on Schedule 9.03, securing Debt permitted by Section 9.02(b) or other obligations (not constituting Debt) of the Borrower and the
Restricted Subsidiaries, provided that (i) no such Lien is spread to cover any additional property after the Effective Date (other than after acquired title in or on such property and proceeds of the existing collateral in accordance
with the instrument creating such Lien (without any modification thereof after the Effective Date)) and (ii) to the extent such Liens secure Debt, the amount of Debt secured thereby is not increased except (A) as permitted by
Section 9.02(b) and (B) pursuant to the instrument creating such Lien (without any modification thereof after the Effective Date). 
 (e) Liens existing on any asset of any Person at the time such asset is acquired or at the time such Person becomes a Restricted Subsidiary, or is merged or consolidated with or into the Borrower or any
Restricted Subsidiary, in a transaction permitted by this Agreement, provided  

  
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that (i) such Liens shall not be created in contemplation of such event, (ii) such Liens do not at any time encumber any property other than such asset and (iii) such Liens may
secure extensions, renewals, refinancings, refundings and replacements of any Debt of such Person permitted under Section 9.02(i). 
 (f) Liens on Property (and proceeds thereof) securing (A) the Borrower’s or any Restricted Subsidiary’s obligations in respect of bankers’ acceptances issued or created for the account
of the Borrower or such Restricted Subsidiary, as applicable, to facilitate the purchase, shipment or storage of Property or (B) reimbursement obligations in respect of trade letters of credit issued to ensure payment of the purchase price for
Property; provided that the aggregate amount of obligations secured by Liens permitted under this Section 9.03(f) shall not exceed $1,000,000 at any time outstanding. 

(g) Liens on Collateral securing Revolving Debt incurred pursuant to Section 9.02(k) which Liens shall at all
times be subject to the Intercreditor Agreement 
 Notwithstanding the foregoing, none of the Liens permitted pursuant to this
Section 9.03 (other than Liens securing the Indebtedness, Immaterial Title Deficiencies and Liens) may at any time attach (x) to any APL Units or ARP Units owned by the Borrower or any Restricted Subsidiary or (y) any Oil and
Gas Properties directly owned (whether in fee or by leasehold) by the Borrower or any Restricted Subsidiary and evaluated in the most recently delivered Reserve Report. 
 Section 9.04 Restricted Payments. The Borrower will not, and will not permit any of the Restricted Subsidiaries to, declare or make, or agree to pay or make, directly or indirectly, any
Restricted Payment, except as follows: 
 (a) the Borrower may declare and pay dividends with respect to its
Equity Interests payable solely in additional shares of its Equity Interests (other than Disqualified Capital Stock). 
 (b) the Borrower may make Restricted Payments (including, without limitation, the declaration and payment of cash distributions to its Equity Interest holders) up to the amount of Available Cash so long
as (i) no Default or Event of Default has occurred and is continuing or would result therefrom and (ii) after giving effect to such Restricted Payment, the Borrower is in Pro Forma Compliance with Section 9.01. 

(c) Restricted Subsidiaries may declare and pay dividends ratably with respect to their Equity Interests. 

(d) any Restricted Subsidiary may make Restricted Payments to the Borrower or any other Loan Party. 

(e) the Borrower may make Restricted Payments pursuant to and in connection with stock option plans or other benefit plans
or arrangements for directors, management, employees or consultants of the Borrower and the Restricted Subsidiaries; provided that the amount of Restricted Payments in cash under this clause (v) shall not exceed $5,000,000 during any
fiscal year. 
 (f) the Borrower and the Restricted Subsidiaries may make Restricted Payments constituting
purchases by the Borrower or any Restricted Subsidiary of any other Restricted Subsidiary’s capital stock pursuant to a transaction expressly permitted by Section 9.05. 

  
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 Section 9.05 Investments, Loans and Advances. The Borrower will not, and
will not permit any Restricted Subsidiary to, make or permit to remain outstanding any Investments in or to any Person, except that the foregoing restriction shall not apply to: 

(a) Investments reflected in the financial statements referred to in Section 7.04(a) or which are disclosed to
the Lenders in Schedule 9.05. 
 (b) accounts receivable and extensions of trade credit arising in the
ordinary course of business. 
 (c) direct obligations of the United States or any agency thereof, or obligations
guaranteed by the United States or any agency thereof, in each case maturing within one year from the date of creation thereof. 
 (d) commercial paper maturing within one year from the date of creation thereof rated no lower than A-2 or P-2 by S&P or Moody’s, respectively. 

(e) deposits maturing within one year from the date of creation thereof with, including certificates of deposit issued by,
any Lender or any office located in the United States of any other bank or trust company which is organized under the laws of the United States or any state thereof, has capital, surplus and undivided profits aggregating at least $100,000,000 (as of
the date of such bank or trust company’s most recent financial reports), and has a short term deposit rating of no lower than A-2 or P-2, as such rating is set forth from time to time, by S&P or Moody’s, respectively. 

(f) purchases of the securities of money market funds investing exclusively in Investments described in
Section 9.05(c), Section 9.05(d) or Section 9.05(e). 
 (g) Investments made
after the Effective Date (i) by the Borrower in any Restricted Subsidiary of the Borrower which is a Guarantor, (ii) by any Restricted Subsidiary in the Borrower or any Guarantor, (iii) by the Borrower or any Restricted Subsidiary in
Immaterial Subsidiaries in an aggregate amount at any time outstanding not to exceed $5,000,000 or (iv) by the Borrower or any Restricted Subsidiary in Unrestricted Subsidiaries in an aggregate amount at any time outstanding not to exceed
$5,000,000. 
 (h) Investments in APL, other than those permitted by clause (p) below, and/or ARP, so long
as (i) no Default or Event of Default has occurred and is continuing or would result therefrom, (ii) after giving effect to such Investment, the Borrower is in Pro Forma Compliance with Section 9.01, (iii) any additional
APL Units or ARP Units acquired by any Loan Party in connection with such Investment become Qualifying APL Units or Qualifying ARP Units, as applicable, on the date of such Investment. 

(i) other Investments made after the Effective Date in an aggregate amount at any time outstanding not to exceed
$15,000,000. 
 (j) Loans or advances to employees, consultants, officers or directors of the Borrower or any of
the Restricted Subsidiaries, in each case in the ordinary course of business and consistent with past practices, so long as such Investments do not exceed $1,000,000 at any time outstanding. 

  
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 (k) Investments in stock, obligations or securities received upon the
enforcement of any Lien in favor of the Borrower or any of the Restricted Subsidiaries. 
 (l) Non-hostile
acquisitions of Equity Interests or assets constituting a business unit of any Person or any Investment in or to any other Person, provided that: (i) immediately prior to and after giving effect to such acquisition, no Default or Event
of Default exists or would result therefrom; (ii) such Person is principally engaged in a Permitted Business; (iii) after giving effect to such acquisition, the Borrower shall be in Pro Forma Compliance with the covenant set forth in
Section 9.01; (iv) the aggregate amount of all such Investments made after the Effective Date shall not exceed $10,000,000 at any one time outstanding; and (v) a first priority perfected Lien shall be granted to the
Administrative Agent for the benefit of the Lenders in such acquired assets or Equity Interests except to the extent such assets are subject to Liens permitted by Section 9.03(e). 

(m) Investments permitted by Section 9.04. 

(n) capital stock, promissory notes and other similar non-cash consideration received by the Borrower or any Restricted
Subsidiary in connection with any transaction permitted by Section 9.11. 
 (o) Investments in Swap
Agreements relating to the business and finances of the Borrower or any Restricted Subsidiary and not for purposes of speculation. 
 (p) Investments (including debt obligations and capital stock) received in connection with the bankruptcy or reorganization, or in settlement of delinquent obligations, of, and other disputes with,
customers, suppliers and other Persons obligated to the Borrower or any Restricted Subsidiary. 
 (q) Investments
in APL General Partner to the extent (i) such Investment proceeds are used by APL General Partner to maintain a 2.0% general partnership interest in APL and (ii) no Default or Event of Default has occurred and is continuing or would result
from such Investment. 
 (r) Investments made from net proceeds from the sale of Equity Interests so long as
(i) any such Investment is made within 135 days after the receipt of such net proceeds and (ii) no Default or Event of Default has occurred and is continuing or would result from such Investment. 

Section 9.06 Nature of Business; International Operations; Foreign Subsidiaries. Neither the Borrower nor any
Restricted Subsidiary will engage in any business other than any Permitted Business. From and after the date hereof, the Borrower and the Restricted Subsidiaries will not acquire or make any other expenditure (whether such expenditure is capital,
operating or otherwise) in or related to, any Oil and Gas Properties not located within the geographical boundaries of the United States and Canada. 
 Section 9.07 Proceeds of Loans. The Borrower will not permit the proceeds of the Loans to be used for any purpose other than those permitted by Section 8.17. 

Section 9.08 ERISA Compliance. The Borrower and the Restricted Subsidiaries will not at any time: 

(a) engage in, or permit any ERISA Affiliate to engage in, any transaction in connection with which the Borrower, a
Restricted Subsidiary or any ERISA Affiliate could be subjected 

  
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to either a civil penalty assessed pursuant to subsections (c), (i) or (l) of section 502 of ERISA or a tax imposed by Chapter 43 of Subtitle D of the Code if either of which would have
a Material Adverse Effect. 
 (b) terminate, or permit any ERISA Affiliate to terminate, any Plan in a manner, or
take any other action with respect to any Plan, which could reasonably be expected to result in any material liability of the Borrower, a Restricted Subsidiary or any ERISA Affiliate to the PBGC. 

(c) fail to make, or permit any ERISA Affiliate to fail to make, full payment when due of all amounts which, under the
provisions of any Plan, agreement relating thereto or applicable law, the Borrower, a Restricted Subsidiary or any ERISA Affiliate is required to pay as contributions thereto if such failure could reasonably be expected to have a Material Adverse
Effect. 
 (d) permit to occur, or allow any ERISA Affiliate to permit to occur, any failure to satisfy the
minimum funding standards within the meaning of section 302 of ERISA or section 412 of the Code, whether or not waived, with respect to any Plan in an amount which exceeds $5,000,000. 

(e) permit, or allow any ERISA Affiliate to permit, the actuarial present value of the benefit liabilities under any Plan
maintained by the Borrower, a Restricted Subsidiary or any ERISA Affiliate which is regulated under Title IV of ERISA to exceed the current value of the assets (computed on an ongoing basis in accordance with Title IV of ERISA) of such Plan
allocable to such benefit liabilities by more than $5,000,000. The term “actuarial present value of the benefit liabilities” shall have the meaning specified in section 4041 of ERISA. 

(f) contribute to or assume a material obligation to contribute to, or permit any ERISA Affiliate to contribute to or
assume a material obligation to contribute to, any Multiemployer Plan. 
 (g) acquire, or permit any ERISA
Affiliate to acquire, an interest in any Person that causes such Person to become an ERISA Affiliate with respect to the Borrower or a Restricted Subsidiary or with respect to any ERISA Affiliate of the Borrower or a Restricted Subsidiary if such
Person sponsors, maintains or contributes to, or at any time in the six-year period preceding such acquisition has sponsored, maintained, or contributed to, (i) any Multiemployer Plan, or (ii) any other Plan that is subject to Title IV of
ERISA under which the actuarial present value of the benefit liabilities under such Plan exceeds the current value of the assets (computed on an ongoing basis in accordance with Title IV of ERISA) of such Plan allocable to such benefit liabilities
by any amount in excess of $5,000,000. 
 (h) incur, or permit any ERISA Affiliate to incur, a liability to or on
account of a Plan under sections 515, 4062, 4063, 4064, 4201 or 4204 of ERISA. 
 (i) contribute to or assume an
obligation to contribute to, or permit any ERISA Affiliate to contribute to or assume an obligation to contribute to, any employee welfare benefit plan, as defined in section 3(1) of ERISA, including, without limitation, any such plan maintained to
provide benefits to former employees of such entities, that may not be terminated by such entities in their sole discretion at any time without any material liability. 

(j) amend, or permit any ERISA Affiliate to amend, a Plan resulting in a material increase in current liability such that
the Borrower, a Restricted Subsidiary or any ERISA Affiliate is required to provide security to such Plan under section 436(f) of the Code. 

  
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 Section 9.09 Sale or Discount of Receivables. Except for receivables
acquired or otherwise obtained by the Borrower or any Restricted Subsidiary out of the ordinary course of business or the settlement of joint interest billing accounts in the ordinary course of business or discounts granted to settle collection of
accounts receivable or the sale of defaulted accounts arising in the ordinary course of business in connection with the compromise or collection thereof and not in connection with any financing transaction, neither the Borrower nor any Restricted
Subsidiary will discount or sell (with or without recourse) to any other Person that is not the Borrower or a Guarantor any of its notes receivable or accounts receivable. 
 Section 9.10 Mergers, etc. Neither the Borrower nor any Restricted Subsidiary will merge into or with or consolidate with any other Person, or sell, lease or otherwise dispose of
(whether in one transaction or in a series of transactions) all or substantially all of its Property to any other Person (any such transaction, a “consolidation”); provided that: 

(a) any Restricted Subsidiary may participate in a consolidation with the Borrower (provided that the Borrower
shall be the continuing or surviving Person). 
 (b) any Restricted Subsidiary of the Borrower may participate in
a consolidation with any other Restricted Subsidiary (provided that if a party to such consolidation is a Guarantor or the surviving Person is a Material Subsidiary, then the survivor is either a Guarantor or becomes a Guarantor in accordance
with Section 8.10(a), and if one of such Restricted Subsidiaries party to such consolidation is a Wholly-Owned Subsidiary, then the surviving Person shall be a Wholly-Owned Subsidiary). 

(c) any Restricted Subsidiary may dispose of any or all of its assets (i) to the Borrower or any other Loan Party or
(ii) pursuant to a disposition permitted by Section 9.11. 
 (d) any Investment expressly
permitted by Section 9.05 or disposition expressly permitted by Section 9.11 may be structured as a consolidation (provided that if any such consolidation involves the Borrower, the Borrower shall be the continuing or
surviving Person). 
 Section 9.11 Sale of Properties. The Borrower will not, and will not permit any
Restricted Subsidiary to, sell, assign, farm-out, convey or otherwise transfer any Property except for: 
 (a)
the sale or transfer of equipment that is no longer necessary for the business of the Borrower or such Restricted Subsidiary or is replaced by equipment of similar value and use. 

(b) the sale, contribution or issuance of any Equity Interests in any Restricted Subsidiary to the Borrower or any other
Loan Party. 
 (c) the sale or disposition of the assets of, or any Equity Interest in, any Immaterial Subsidiary
that is not a Guarantor. 
 (d) dispositions permitted by Section 9.09 and Section 9.10.

 (e) dispositions of Investments made pursuant to Section 9.05(c), Section 9.05(d),
Section 9.05(e), Section 9.05(f) and Section 9.05(n)  

  
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 (f) dispositions of Property in connection with a sale-leaseback transaction
as long as the Debt incurred in connection therewith is permitted by Section 9.02(d). 
 (g) sales or
dispositions of less than all or substantially all of the APL Units or ARP Units owned by the Borrower or the Restricted Subsidiaries that are expressly consented to in writing by the Administrative Agent and the Super Majority Lenders. 

(h) the termination or other monetization of Swap Agreements in respect of commodities; provided that (i) the
consideration received in respect of such Swap Agreement which is the subject of such termination or other monetization shall be equal to or greater than the fair market value thereof as reasonably determined by the Borrower (if requested by the
Administrative Agent, the Borrower shall deliver a certificate of a Responsible Officer certifying to that effect), and (ii) no Default or Event of Default has occurred and is continuing or would result from such sale, disposition or
termination, as applicable. 
 (i) other sales and dispositions of Properties (other than APL Units and ARP Units
and other than the Equity Interests in the APL General Partner and the ARP General Partner) having an aggregate fair market value not greater than $10,000,000 during any 6-month period. 

(j) Dispositions of Property (including, without limitation, APL Units and ARP Units and Equity Interests in the APL
General Partner and the ARP General Partner) to Persons other than Loan Parties not otherwise permitted under this Section 9.11; provided that (i) such Disposition is made for Fair Market Value and (ii) the Borrower or
such Restricted Subsidiary shall receive not less than 75% of such consideration in the form of cash or cash equivalents. 

Section 9.12 Environmental Matters. The Borrower will not, and will not permit any Restricted Subsidiary to, cause or
permit any of its Property to be in violation of, or do anything or permit anything to be done which will subject any such Property to a Release or threatened Release of Hazardous Materials, exposure to any Hazardous Materials, or to any Remedial
Work under any Environmental Laws, assuming disclosure to the applicable Governmental Authority of all relevant facts, conditions and circumstances, if any, pertaining to such Property if such violations, Release or threatened Release, exposure or
Remedial Work could reasonably be expected to have a Material Adverse Effect. 
 Section 9.13 Transactions with
Affiliates. The Borrower will not, and will not permit any Restricted Subsidiary to, enter into any transaction, including, without limitation, any purchase, sale, lease or exchange of Property or the rendering of any service, with any Affiliate
(other than the Guarantors and Wholly-Owned Subsidiaries of the Borrower) unless such transactions are otherwise permitted under this Agreement or are upon fair and reasonable terms no less favorable to it than it would obtain in a comparable
arm’s length transaction with a Person not an Affiliate. 
 Section 9.14 Subsidiaries. The Borrower
shall not, and shall not permit any Restricted Subsidiary to, create or acquire any additional Subsidiary or designate or redesignate a Restricted Subsidiary as an Unrestricted Subsidiary unless the Borrower gives written notice to the
Administrative Agent of such creation or acquisition and complies with Section 8.10(a). The Borrower shall not, and shall not permit any Restricted Subsidiary to, sell, assign or otherwise dispose of any Equity Interests in any
Subsidiary except in compliance with Section 9.11. Neither the Borrower nor any Restricted Subsidiary shall have any Foreign Subsidiaries (other than any Subsidiary that is organized under the laws of Canada or any province or territory
thereof). 
 Section 9.15 Negative Pledge Agreements; Dividend Restrictions. The Borrower will not, and will
not permit any Restricted Subsidiary to, create, incur, assume or suffer to exist any contract, agreement 

  
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or understanding which prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property in favor of the Administrative Agent and the Lenders or restricts
any Restricted Subsidiary from paying dividends or making distributions to the Borrower or any other Restricted Subsidiary, or which requires the consent of other Persons in connection therewith; provided, however, that the preceding
restrictions will not apply to encumbrances or restrictions arising under or by reason of (a) this Agreement or the Security Instruments, (b) any leases or licenses or similar contracts as they affect any Property or Lien, (c) any
restriction with respect to a Restricted Subsidiary imposed pursuant to an agreement entered into for the direct or indirect sale or disposition of all or substantially all the Equity Interests or Property of such Restricted Subsidiary pending the
closing of such sale or disposition, (d) customary provisions with respect to the distribution of Property in joint venture agreements, (e) any agreements with respect to any Restricted Subsidiary acquired in a transaction permitted by
Section 9.05 (in which case, any prohibition or limitation shall only be effective against the Property of such Restricted Subsidiary) and (f) any agreements governing Debt permitted by Section 9.02 incurred by the
Borrower or any Restricted Subsidiary. 
 Section 9.16 Gas Imbalances. The Borrower shall not, nor shall it
permit any of the Restricted Subsidiaries to, allow on a net basis, gas imbalances or other prepayments or other prepayments made to the Borrower or any Restricted Subsidiary with respect to the Oil and Gas Properties of the Borrower or any
Restricted Subsidiary that would require the Borrower or any Restricted Subsidiary to deliver and transfer ownership at some future time volumes of their respective Hydrocarbons produced from such Oil and Gas Properties having a value (based on
current prices) of more than $5,000,000 without receiving full payment therefore at the time of delivery of those Hydrocarbons. 

Section 9.17 Swap Agreements. The Borrower will not, and will not permit any Restricted Subsidiary to, enter into any
Swap Agreements with any Person other than: 
 (a) Swap Agreements listed in the certificate delivered pursuant
to Section 6.01(r) and other Swap Agreements (other than purchase options) in respect of commodities entered into by the Borrower fixing prices on oil and/or gas expected to be produced by the Borrower and the Restricted Subsidiaries,
provided that such Swap Agreements meet the following criteria: 
 (i) each such Swap Agreement shall be
with an Approved Counterparty. 
 (ii) no such Swap Agreement shall be entered into by the Borrower for the
benefit of another Person other than any Restricted Subsidiary. 
 (iii) each such Swap Agreement shall have a
term not to exceed 60 months. 
 (iv) the notional volumes for each such Swap Agreement (when aggregated with
other commodity Swap Agreements then in effect other than basis differential swaps on volumes already hedged pursuant to other Swap Agreements) shall not exceed, as of the date such Swap Agreement is executed, 85% of the reasonably anticipated
projected production from the Borrower’s and the other Loan Parties’ proved oil and gas reserves. 

(b) Swap Agreements in respect of interest rates with an Approved Counterparty, as follows: (i) Swap Agreements
effectively converting interest rates from fixed to floating, the notional amounts of which (when aggregated with all other Swap Agreements of the Borrower and the Restricted Subsidiaries then in effect effectively converting interest rates from
fixed to floating) do not exceed 50% of the then outstanding principal amount of the Borrower’s Debt for borrowed money which bears interest at a fixed rate and (ii) Swap Agreements effectively converting interest rates from floating to
fixed, the notional amounts of which (when aggregated with all other 

  
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Swap Agreements of the Borrower and the Restricted Subsidiaries then in effect effectively converting interest rates from floating to fixed) do not exceed 75% of the then outstanding principal
amount of the Borrower’s Debt for borrowed money which bears interest at a floating rate. 
 (c) In no event
shall any Swap Agreement contain any requirement, agreement or covenant for the Borrower or any Restricted Subsidiary to post collateral or margin to secure their obligations under such Swap Agreement or to cover market exposures (except that
Secured Swap Agreements may be secured by the Collateral pursuant to the Security Instruments). 
 Section 9.18
Tax Status as Partnership; Partnership Agreement. The Borrower shall not alter its status as a partnership for purposes of United States federal income taxes. The Borrower shall not, and shall not permit any Restricted Subsidiary to, amend or
modify any provision of any organizational document, or any agreements with Affiliates of the type referred to in Section 9.13, if such amendment or modification could reasonably be expected to have a Material Adverse Effect. 

Section 9.19 Designation and Conversion of Unrestricted Subsidiaries. 

(a) No Person shall become an Unrestricted Subsidiary hereunder unless designated as an Unrestricted Subsidiary on Schedule 7.15
as of the date hereof or thereafter, in accordance with Section 9.19(b). Each Unrestricted Subsidiary as of the Effective Date is set forth on Schedule 7.15. 

(b) After the Effective Date, the Borrower may designate, by written notice to the Administrative Agent, any Restricted Subsidiary (other
than the APL General Partner and the ARP General Partner) as an Unrestricted Subsidiary if (i) prior, and after giving effect, to such designation, no Default exists or would exist and (ii) at the time of such designation it would be
permitted to make an Investment in an Unrestricted Subsidiary under Section 9.05 in an amount equal to the fair market value as of the date of such designation of the Borrower’s direct and indirect ownership interest in such
Subsidiary. Except as provided in this Section 9.19(b), no Restricted Subsidiary may be redesignated as an Unrestricted Subsidiary. 
 (c) The Borrower may designate any Unrestricted Subsidiary to be a Restricted Subsidiary if after giving effect to such designation, the representations and warranties of the Borrower and the Restricted
Subsidiaries contained in each of the Loan Documents are true and correct on and as of such date as if made on and as of the date of such designation (or, if stated to have been made expressly as of an earlier date, were true and correct as of such
date), no Default would exist and the Borrower complies with the requirements of Section 8.14, Section 8.16 and Section 9.14. Any such designation shall be treated as a cash dividend in an amount equal to the
lesser of the fair market value of the Borrower’s direct and indirect ownership interest in such Subsidiary or the amount of the Borrower’s cash investment previously made for purposes of the limitation on Investments under
Section 9.05(g). 
 Section 9.20 Change in Name, Location or Fiscal Year. Borrower shall not, and
shall not permit any other Loan Party to, (a) change its name as it appears in official filings in the state of its incorporation or organization, (b) change its chief executive office, principal place of business, mailing address,
corporate offices or warehouses or locations at which Collateral is held or stored (other than locations where the Borrower or such Restricted Subsidiary is a lessee with respect to any oil and gas lease), or the location of its records concerning
the Collateral as set forth in the Security Agreement, (c) change the type of entity that it is, (d) change its organization identification number, if any, issued by its state of incorporation or other organization, or (e) change its
state of incorporation or organization, in each case, unless the Administrative Agent shall have received at least five (5) Business Days prior written notice of such change and any reasonable action requested by the Administrative Agent in
connection therewith has been, or will be contemporaneously therewith, completed or taken (including any action to continue the 

  
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perfection of any Liens in favor of the Administrative Agent, on behalf of the Lenders, in any Collateral), provided that, any new location shall be in the United States or Canada. The
Borrower shall not, and shall not permit any Restricted Subsidiary to, change its fiscal year which currently ends on December 31. 
 Section 9.21 APL General Partner. The Borrower shall (a) not permit the APL General Partner to engage in any business other than to act as the general partner of APL, undertake any
activities, or incur any debts or liabilities other than those that are incidental to its performance as general partner of APL and (b) cause the APL General Partner to distribute to the Borrower, promptly following the APL General
Partner’s receipt thereof, any distributions (including, without limitation, any distributions in respect of incentive distribution rights) received by the APL General Partner from APL. 

ARTICLE X 

EVENTS OF DEFAULT; REMEDIES 
 Section 10.01 Events of Default. One or more of the following events shall constitute an “Event of Default”: 

(a) the Borrower shall fail to pay any principal of any Loan when and as the same shall become due and payable, whether at
the due date thereof or at a date fixed for payment or prepayment thereof or otherwise. 
 (b) the Borrower shall
fail to pay any interest on any Loan or any fee or any other amount (other than an amount referred to in Section 10.01(a)) payable under any Loan Document, when and as the same shall become due and payable, and such failure shall
continue unremedied for a period of (i) in the case of interest and fees payable under Section 3.02 and Section 3.05, respectively, five (5) Business Days, and (ii) in the case of any other fees, interest or
other amounts (other than an amount referred to in Section 10.01(a)), five (5) Business Days after the earlier of (A) the day on which a Financial Officer first obtains knowledge of such failure and (B) the day on which
written notice of such failure shall have been given to the Borrower by the Administrative Agent. 
 (c) any
representation or warranty made or deemed made by or on behalf of the Borrower or any Restricted Subsidiary in or in connection with any Loan Document or any amendment or modification of any Loan Document or waiver under such Loan Document, or in
any report, certificate, financial statement or other document furnished pursuant to or in connection with any Loan Document or any amendment or modification thereof or waiver thereunder, shall prove to have been incorrect when made or deemed.

 (d) the Borrower or any Restricted Subsidiary shall fail to observe or perform any covenant, condition or
agreement contained in Section 8.02(a), Section 8.17 or in Article IX. 
 (e) the
Borrower or any Restricted Subsidiary shall fail to observe or perform any covenant, condition or agreement contained in this Agreement (other than those specified in Section 10.01(a), Section 10.01(b) and
Section 10.01(d)) or any other Loan Document, and such failure shall continue unremedied for a period of 30 days after the earlier to occur of (i) written notice thereof from the Administrative Agent to the Borrower or (ii) a
Responsible Officer of the Borrower otherwise becoming aware of such default. 
 (f) the Borrower or any
Restricted Subsidiary (i) fails to pay any principal in respect of any Debt or any amount owing under any Swap Agreement after the same have become due 

  
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and payable and the aggregate amount remaining unpaid at any time exceeds $5,000,000 or (ii) fails to observe or perform (after applicable grace periods, if any) any other term, covenant,
condition or agreement contained in any agreement or instrument evidencing or governing any such Debt or such Swap Agreement if the effect of any failure referred to in this clause (ii) is to cause, or to permit the holder or holders of such
Debt or a counterparty of the Borrower or any Restricted Subsidiary in respect of such Swap Agreement or a trustee on its or their behalf (with or without the giving of notice, the lapse of time or both) to cause, principal of such Debt and amounts
owing under such Swap Agreement exceeding $5,000,000 in the aggregate to become immediately due and payable. 

(g) an involuntary proceeding shall be commenced or an involuntary petition shall be filed seeking (i) liquidation,
reorganization or other relief in respect of the Borrower or any Restricted Subsidiary or any of their debts, or of a substantial part of any of their assets, under any Federal, state or foreign bankruptcy, insolvency, receivership or similar law
now or hereafter in effect or (ii) the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for any Restricted Subsidiary or for a substantial part of any of their assets, and, in any such case, such
proceeding or petition shall continue undismissed for 90 days or an order or decree approving or ordering any of the foregoing shall be entered. 
 (h) the Borrower or any Restricted Subsidiary shall (i) voluntarily commence any proceeding or file any petition seeking liquidation, reorganization or other relief under any Federal, state or
foreign bankruptcy, insolvency, receivership or similar law now or hereafter in effect, (ii) consent to the institution of, or fail to contest in a timely and appropriate manner, any proceeding or petition described in
Section 10.01(g), (iii) apply for or consent to the appointment of a receiver, trustee, custodian, sequestrator, conservator or similar official for the Borrower or any Restricted Subsidiary or for a substantial part of any of their
assets, (iv) file an answer admitting the material allegations of a petition filed against it in any such proceeding, (v) make a general assignment for the benefit of creditors or (vi) take any action for the purpose of effecting any
of the foregoing. 
 (i) the Borrower or any Restricted Subsidiary shall become unable, admit in writing its
inability, or fail generally to pay its debts as they become due. 
 (j) one or more judgments for the payment of
money in an aggregate amount in excess of $5,000,000 shall be rendered against the Borrower, any of the Restricted Subsidiaries, or any combination thereof, and all such judgments shall not have been vacated, discharged, stayed or bonded pending
appeal within 60 days from the entry thereof. 
 (k) any provision of the Loan Documents (including the
Intercreditor Agreement) material to the rights and interests of the Administrative Agent, the Lenders or any other Secured Creditor shall for any reason, except to the extent permitted by the terms thereof, cease to be in full force and effect and
valid, binding and enforceable in accordance with their terms against the Borrower or any Restricted Subsidiary, or, in the case of the Intercreditor Agreement, against any other party thereto, or any provision of the Loan Documents shall be
repudiated, or cease to create a valid and perfected Lien of the priority required thereby on any portion of the collateral purported to be covered thereby that is material to the rights and interests of the Administrative Agent, the Lenders or any
other Secured Creditor except to the extent permitted by the terms of this Agreement, or the Borrower or any Restricted Subsidiary shall so state in writing. 
 (l) an ERISA Event shall have occurred that, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of the Borrower, the Restricted
Subsidiaries and their ERISA Affiliates in an aggregate amount exceeding $5,000,000. 
 (m) a Change of Control
shall occur; provided that a Change of Control shall only constitute an Event of Default to the extent such Change of Control results in a ratings downgrade from either Moody’s or S&P. 

  
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 Section 10.02 Remedies. 

(a) In the case of an Event of Default other than one described in Section 10.01(g), Section 10.01(h) or
Section 10.01(i), at any time thereafter during the continuance of such Event of Default, the Administrative Agent may, or at the direction of the Majority Lenders shall, by notice to the Borrower, take either or both of the following
actions, at the same or different times: (i) terminate the Commitments, and thereupon the Commitments shall terminate immediately and (ii) declare the Notes and the Loans then outstanding to be due and payable in whole (or in part, in
which case any principal not so declared to be due and payable may thereafter be declared to be due and payable), and thereupon the principal of the Loans so declared to be due and payable, together with accrued interest thereon and all fees and
other obligations of the Loan Parties accrued hereunder and under the Notes and the other Loan Documents shall become due and payable immediately, without presentment, demand, protest, notice of intent to accelerate, notice of acceleration or other
notice of any kind, all of which are hereby waived by each Loan Party; and in case of an Event of Default described in Section 10.01(g), Section 10.01(h) or Section 10.01(i), the Commitments shall automatically
terminate and the Notes and the principal of the Loans then outstanding, together with accrued interest thereon and all fees and the other obligations of the Borrower and the Guarantors accrued hereunder and under the Notes and the other Loan
Documents shall automatically become due and payable, without presentment, demand, protest or other notice of any kind, all of which are hereby waived by each Loan Party. 
 (b) In the case of the occurrence of an Event of Default, the Administrative Agent and each Lender will have all other rights and remedies available to it or them at law and equity. 

(c) All proceeds realized from the liquidation or other disposition of collateral or otherwise received after the Termination Date,
whether by acceleration or otherwise, shall be applied: first, to reimbursement of expenses and indemnities provided for in this Agreement and the Security Instruments; second, to accrued interest on the Loans; third, to fees;
fourth, pro rata to outstanding principal of the Loans; and fifth, to any other Indebtedness; and any excess shall be paid to the Borrower or as otherwise required by any Law. Notwithstanding the foregoing, Excluded Swap Obligations
with respect to any Guarantor shall not be paid with amounts received from such Guarantor or its assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation set forth in the preceding
sentence. 
 ARTICLE XI 
 THE ADMINISTRATIVE AGENT 
 Section 11.01 Appointment and
Authorization of Administrative Agent; Secured Swap Agreements. Each Lender hereby irrevocably (subject to Section 11.10) appoints, designates and authorizes the Administrative Agent to take such action on its behalf under the
provisions of this Agreement and each other Loan Document and to exercise such powers and perform such duties as are expressly delegated to it by the terms of this Agreement or any other Loan Document, together with such powers as are reasonably
incidental thereto. Each Lender hereby consents to the terms of, and authorizes the Administrative Agent to enter into the form of intercreditor agreement that is substantially in the form attached hereto as


  
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Exhibit K, and each Lender agrees that the terms of such intercreditor agreement shall be binding on such Lender and its successors and assigns, as if it were a party thereto.
Notwithstanding any provision to the contrary contained elsewhere herein or in any other Loan Document, the Administrative Agent shall not have any duties or responsibilities, except those expressly set forth herein, nor shall the Administrative
Agent have or be deemed to have any fiduciary relationship with any Lender or participant, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or any other Loan Document or
otherwise exist against the Administrative Agent. Without limiting the generality of the foregoing sentence, the use of the term “agent” herein and in the other Loan Documents with reference to the Administrative Agent, any syndication
agent or documentation agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law. Instead, such term is used merely as a matter of market custom, and is intended to
create or reflect only an administrative relationship between independent contracting parties. 
 Section 11.02
Delegation of Duties. The Administrative Agent may execute any of its duties under this Agreement or any other Loan Document by or through agents, sub-agents, employees or attorneys in fact and shall be entitled to advice of counsel and other
consultants or experts concerning all matters pertaining to such duties. The Administrative Agent shall not be responsible for the negligence or misconduct of any agent or attorney in fact that it selects in the absence of gross negligence or
willful misconduct. 
 Section 11.03 Default; Collateral. 

(a) Upon the occurrence and continuance of a Default or Event of Default, the Lenders agree to promptly confer in order that the Majority
Lenders or the Lenders, as the case may be, may agree upon a course of action for the enforcement of the rights of the Lenders; and the Administrative Agent shall be entitled to refrain from taking any action (without incurring any liability to any
Person for so refraining) unless and until the Administrative Agent shall have received instructions from the Majority Lenders or the Lenders, as the case may be. All rights of action under the Loan Documents and all right to the Collateral, if any,
hereunder may be enforced by the Administrative Agent and any suit or proceeding instituted by the Administrative Agent in furtherance of such enforcement shall be brought in its name as the Administrative Agent without the necessity of joining as
plaintiffs or defendants any other Lender, and the recovery of any judgment shall be for the benefit of the Lenders (and, with respect to the Secured Swap Agreements and Bank Products, Affiliates, if applicable) subject to the expenses of the
Administrative Agent. In actions with respect to any Property of the Borrower or any Restricted Subsidiary, the Administrative Agent is acting for the ratable benefit of each Lender (and, with respect to the Secured Swap Agreements and Bank
Products, Affiliates, if applicable). Any and all agreements to subordinate (whether made heretofore or hereafter) other indebtedness or obligations of Borrower to the Indebtedness shall be construed as being for the ratable benefit of each Lender
(and, with respect to the Secured Swap Agreements and Bank Products, Affiliates, if applicable). 
 (b) Each Lender authorizes
and directs the Administrative Agent to enter into the Security Instruments on behalf of and for the benefit of the Lenders (and, with respect to the Secured Swap Agreements and Bank Products, Affiliates, if applicable) (or if previously entered
into, hereby ratifies the Administrative Agent’s (or any predecessor administrative agent’s) previously entering into such agreements and Security Instruments). 
 (c) Except to the extent unanimity (or other percentage set forth in Section 12.02) is required hereunder, each Lender agrees that any action taken by the Majority Lenders in accordance with
the provisions of the Loan Documents, and the exercise by the Majority Lenders of the power set forth herein or therein, together with such other powers as are reasonably incidental thereto, shall be authorized and binding upon all of the Lenders.


  
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 (d) The Administrative Agent is hereby authorized on behalf of the Lenders, without the
necessity of any notice to or further consent from any Lender, from time to time to take any action with respect to any Collateral or Security Instruments which may be necessary to perfect and maintain perfected the Liens upon the Collateral granted
pursuant to the Security Instruments. 
 (e) The Administrative Agent shall not have any obligation whatsoever to any Lender or
to any other Person to assure that the Collateral exists or is owned (whether in fee or by leasehold) by the Person purporting to own it or is cared for, protected, or insured or has been encumbered or that the Liens granted to the Administrative
Agent (or any predecessor administrative agent) herein or pursuant thereto have been properly or sufficiently or lawfully created, perfected, protected, or enforced, or are entitled to any particular priority, or to exercise at all or in any
particular manner or under any duty of care, disclosure, or fidelity, or to continue exercising, any of the rights granted or available to the Administrative Agent in this Section 11.03 or in any of the Security Instruments; IT BEING
UNDERSTOOD AND AGREED THAT IN RESPECT OF THE COLLATERAL, OR ANY ACT, OMISSION, OR EVENT RELATED THERETO, THE ADMINISTRATIVE AGENT MAY ACT IN ANY MANNER IT MAY DEEM APPROPRIATE, IN ITS SOLE DISCRETION, GIVEN THE ADMINISTRATIVE AGENT’S OWN
INTEREST IN THE COLLATERAL AS ONE OF THE LENDERS AND THAT THE ADMINISTRATIVE AGENT SHALL HAVE NO DUTY OR LIABILITY WHATSOEVER TO ANY LENDER (AND, WITH RESPECT TO SECURED SWAP AGREEMENTS AND BANK PRODUCTS, AFFILIATES), OTHER THAN TO ACT WITHOUT GROSS
NEGLIGENCE OR WILLFUL MISCONDUCT. 
 (f) The Lenders hereby irrevocably authorize the Administrative Agent, at its option and in
its discretion, to release any Lien granted to or held by the Administrative Agent upon any Collateral: (A) upon the payment in full of the Indebtedness (other than inchoate or contingent or reimbursable obligations for which no claim has been
asserted); (B) constituting property being sold or disposed of to a Person that is not a Loan Party if any Loan Party certifies in a certificate of a Responsible Officer of such Loan Party to the Administrative Agent that the sale or
disposition is made in compliance with this Agreement (and the Administrative Agent may rely conclusively on any such certificate, without further inquiry); (C) constituting “Excluded Property” as defined in the Security Agreement;
(D) constituting property in which neither Borrower nor any Restricted Subsidiary owned an interest at the time the Lien was granted or at any time thereafter; (E) constituting property leased to the Borrower or a Restricted Subsidiary
under a lease which has expired or been terminated in a transaction permitted under the Loan Documents or is about to expire and which has not been, and is not intended by the Borrower or such Restricted Subsidiary to be, renewed; or
(F) consisting of an instrument or other possessory collateral evidencing Debt or other obligations pledged to the Administrative Agent (for the benefit of the Secured Creditors), if the Debt or obligations evidenced thereby has been paid in
full or otherwise superseded. In addition, the Lenders irrevocably authorize the Administrative Agent to release Liens upon Collateral as contemplated herein and in the other Loan Documents, or if approved, authorized, or ratified in writing by the
requisite Lenders. Upon request by the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent’s authority to release particular types or items of Collateral pursuant to this Section 11.03.

 (g) In furtherance of the authorizations set forth in this Section 11.03, each Lender hereby irrevocably appoints
the Administrative Agent as its attorney-in-fact, with full power of substitution, for and on behalf of and in the name of each such Lender (i) to enter into Security Instruments (including, without limitation, any appointments of substitute
trustees under any Security Instruments), (ii) to take action with respect to the Collateral and Security Instruments to perfect, maintain, and preserve the Lenders’ Liens, and (iii) to execute instruments of release or to take other
action necessary to release Liens upon any Collateral to the extent authorized herein or in the other Loan Documents. This power of attorney shall be liberally, not restrictively, construed so as to give the greatest latitude to the Administrative


  
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Agent’s power, as attorney, relative to the Collateral matters described in this Section 11.03. The powers and authorities herein conferred on the Administrative Agent may be
exercised by the Administrative Agent through any Person who, at the time of the execution of a particular instrument, is an officer of the Administrative Agent (or any Person acting on behalf of the Administrative Agent pursuant to a valid power of
attorney). The power of attorney conferred by this Section 11.03(g) to the Administrative Agent is granted for valuable consideration and is coupled with an interest and is irrevocable so long as the Indebtedness, or any part thereof,
shall remain unpaid or the Lenders are obligated to make any Loan under the Loan Documents. 
 Section 11.04
Liability of Administrative Agent. NO RELATED PARTY OF THE ADMINISTRATIVE AGENT SHALL (A) BE LIABLE FOR ANY ACTION TAKEN OR OMITTED TO BE TAKEN BY ANY OF THEM UNDER OR IN CONNECTION WITH THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT OR THE
TRANSACTIONS CONTEMPLATED HEREBY (EXCEPT FOR ITS OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT IN CONNECTION WITH ITS DUTIES EXPRESSLY SET FORTH HEREIN), or (b) be responsible in any manner to any Lender or participant for any recital, statement,
representation or warranty made by the Borrower or any Restricted Subsidiary or any officer thereof, contained herein or in any other Loan Document, or in any certificate, report, statement or other document referred to or provided for in, or
received by the Administrative Agent under or in connection with, this Agreement or any other Loan Document, or the validity, effectiveness, genuineness, enforceability or sufficiency of this Agreement or any other Loan Document, or for the
creation, perfection or priority of any Liens purported to be created by any of the Loan Documents, or the validity, genuineness, enforceability, existence, value or sufficiency of any collateral security, or to make any inquiry respecting the
performance by the Borrower of its obligations hereunder or under any other Loan Document, or for any failure of the Borrower or any Restricted Subsidiary or any other party to any Loan Document to perform its obligations hereunder or thereunder. No
Related Party of the Administrative Agent shall be under any obligation to any Lender or Participant to ascertain or to inquire as to the observance or performance of any of the agreements contained in, or conditions of, this Agreement or any other
Loan Document, or to inspect the properties, books or records of the Borrower or any Restricted Subsidiary or any Affiliate thereof. 
 Section 11.05 Reliance by Administrative Agent. 
 (a) The
Administrative Agent shall be entitled to rely, and shall be fully protected in relying, upon any writing, communication, signature, resolution, representation, notice, consent, certificate, affidavit, letter, telegram, facsimile, electronic mail,
or telephone message, statement or other document or conversation believed by it to be genuine and correct and to have been signed, sent or made by the proper Person or Persons, and upon advice and statements of legal counsel (including counsel to
the Borrower or any Restricted Subsidiary), independent accountants and other experts selected by the Administrative Agent. The Administrative Agent shall be fully justified in failing or refusing to take any action under any Loan Document unless it
shall first receive such advice or concurrence of the Majority Lenders as it deems appropriate and, if it so requests, it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense which may be incurred
by it by reason of taking or continuing to take any such action. The Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Loan Document in accordance with a request or
consent of the Majority Lenders or all the Lenders, if required hereunder, and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders and Participants. Where this Agreement expressly permits or
prohibits an action unless the Majority Lenders or Super Majority Lenders otherwise determine, the Administrative Agent shall, and in all other instances, the Administrative Agent may, but shall not be required to, initiate any solicitation for the
consent or a vote of the requisite Lenders. 

  
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 (b) For purposes of determining compliance with the conditions specified in
Section 6.01, each Lender that has funded its Applicable Percentage of the Loan on the Effective Date (or, if there is no Loan made on such date, each Lender other than the Lenders who gave written objection to the Administrative Agent
prior to such date) shall be deemed to have consented to, approved or accepted, or to be satisfied with, each document or other matter either sent by the Administrative Agent to such Lender (or otherwise made available for such Lender on SyndTrak
Online, DXSyndicateTM or any similar website) for consent, approval, acceptance or satisfaction, or required hereunder to be consented to or approved by or acceptable or satisfactory to a Lender. 

Section 11.06 Notice of Default. The Administrative Agent shall not be deemed to have knowledge or notice of the
occurrence of any Default or Event of Default, except with respect to defaults in the payment of principal, interest and fees required to be paid to the Administrative Agent for the account of the Lenders, unless the Administrative Agent shall have
received written notice from a Lender or the Borrower referring to this Agreement, describing such Default or Event of Default and stating that such notice is a “notice of default.” The Administrative Agent will notify the Lenders of its
receipt of any such notice. The Administrative Agent shall take such action with respect to such Default or Event of Default as may be directed by the Majority Lenders in accordance with this Agreement; provided, however, that unless
and until the Administrative Agent has received any such direction, the Administrative Agent may (but shall not be obligated to) take such action, or refrain from taking such action, with respect to such Default or Event of Default as it shall deem
advisable or in the best interest of the Lenders. 
 Section 11.07 Credit Decision; Disclosure of Information by
Administrative Agent. Each Lender acknowledges that no Related Party of the Administrative Agent has made any representation or warranty to it, and that no act by the Administrative Agent hereinafter taken, including any consent to and
acceptance of any assignment or review of the affairs of the Borrower or any Restricted Subsidiary or any Affiliate thereof, shall be deemed to constitute any representation or warranty by any Related Party of the Administrative Agent to any Lender
as to any matter, including whether Related Parties of the Administrative Agent have disclosed material information in their possession. Each Lender represents to the Administrative Agent that it has, independently and without reliance upon any
Related Party of the Administrative Agent and based on such documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, prospects, operations, property, financial and other condition and
creditworthiness of the Borrower, any Guarantor and their respective Subsidiaries, and all applicable bank or other regulatory laws relating to the transactions contemplated hereby, and made its own decision to enter into this Agreement and to
extend credit to the Borrower hereunder. Each Lender also represents that it will, independently and without reliance upon any Related Party of the Administrative Agent and based on such documents and information as it shall deem appropriate at the
time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Agreement and the other Loan Documents, and to make such investigations as it deems necessary to inform itself as to the business,
prospects, operations, property, financial and other condition and creditworthiness of the Borrower and the other Loan Parties. In this regard, each Lender acknowledges that Cahill Gordon & Reindel LLP is acting in this
transaction as counsel to the Administrative Agent. Each other party hereto will consult with its own legal counsel to the extent that it deems necessary in connection with the Loan Documents and the matters contemplated therein. Except for notices,
reports and other documents expressly required to be furnished to the Lenders by the Administrative Agent herein, the Administrative Agent shall not have any duty or responsibility to provide any Lender with any credit or other information
concerning the business, prospects, operations, property, financial and other condition or creditworthiness of any of the Loan Parties or any of their respective Affiliates which may come into the possession of any Related Party of the
Administrative Agent. 
 Section 11.08 Indemnification of Agents. WHETHER OR NOT THE TRANSACTIONS
CONTEMPLATED HEREBY ARE CONSUMMATED, THE LENDERS SHALL INDEMNIFY UPON 

  
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DEMAND EACH RELATED PARTY OF THE ADMINISTRATIVE AGENT (TO THE EXTENT NOT REIMBURSED BY OR ON BEHALF OF THE BORROWER AND WITHOUT LIMITING THE OBLIGATION OF THE BORROWER TO DO SO), IN ACCORDANCE
WITH THEIR RESPECTIVE APPLICABLE PERCENTAGES, AND HOLD HARMLESS EACH RELATED PARTY OF THE ADMINISTRATIVE AGENT FROM AND AGAINST ANY AND ALL INDEMNIFIED LIABILITIES INCURRED BY IT (INCLUDING SUCH RELATED PARTY OF THE ADMINISTRATIVE AGENT’S OWN
NEGLIGENCE); PROVIDED, HOWEVER, THAT NO LENDER SHALL BE LIABLE FOR THE PAYMENT TO ANY RELATED PARTY OF THE ADMINISTRATIVE AGENT OF ANY PORTION OF SUCH INDEMNIFIED LIABILITIES RESULTING FROM SUCH PERSON’S GROSS NEGLIGENCE OR
WILLFUL MISCONDUCT; provided, however, that no action taken in accordance with the directions of the Majority Lenders shall be deemed to constitute gross negligence or willful misconduct for purposes of this Section 11.08.
Without limitation of the foregoing, each Lender shall reimburse the Administrative Agent upon demand for its ratable share of any costs or out-of-pocket expenses (including counsel fees) incurred by the Administrative Agent in connection with the
preparation, execution, delivery, administration, modification, amendment or enforcement (whether through negotiations, legal proceedings or otherwise) of, or legal advice in respect of rights or responsibilities under, this Agreement, any other
Loan Document, or any document contemplated by or referred to herein, to the extent that the Administrative Agent is not reimbursed for such expenses by or on behalf of the Borrower. The undertaking in this Section 11.08 shall survive
termination of the Commitments, the payment of all Indebtedness hereunder and the resignation or replacement of the Administrative Agent. 
 Section 11.09 Administrative Agent in its Individual Capacity. Wells Fargo and its Affiliates may make loans to, accept deposits from, acquire equity interests in and generally engage
in any kind of banking, trust, financial advisory, underwriting or other business with the Borrower and its Affiliates as though Wells Fargo were not the Administrative Agent hereunder and without notice to or consent of the Lenders. The Lenders
acknowledge that, pursuant to such activities, Wells Fargo or its Affiliates may receive information regarding the Borrower or its Affiliates (including information that may be subject to confidentiality obligations in favor of the Borrower or such
Affiliate) and acknowledge that the Administrative Agent shall be under no obligation to provide such information to them. With respect to its Loans, Wells Fargo shall have the same rights and powers under this Agreement as any other Lender and may
exercise such rights and powers as though it were not the Administrative Agent, and the terms “Lender” and “Lenders” include Wells Fargo in its individual capacity. 

Section 11.10 Successor Administrative Agent. The Administrative Agent may resign at any time upon 30 days’
notice to the Lenders with a copy of such notice to the Borrower. If the Administrative Agent resigns under this Agreement, the Majority Lenders shall appoint from among the Lenders a successor administrative agent for the Lenders which successor
administrative agent shall be consented to by the Borrower at all times other than during the existence of an Event of Default (which consent of the Borrower shall not be unreasonably withheld, delayed or conditioned). If no successor administrative
agent is appointed prior to the effective date of the resignation of the Administrative Agent, the Administrative Agent may appoint, after consulting with the Lenders and, so long as no Event of Default has occurred which is continuing, upon written
approval of the Borrower (which approval of the Borrower shall not be unreasonably withheld, delayed or conditioned), a successor administrative agent from among the Lenders. Upon the acceptance of its appointment as successor administrative agent
hereunder, such successor administrative agent shall succeed to all the rights, powers and duties of the retiring Administrative Agent and the term “Administrative Agent” shall mean such successor administrative agent and the retiring
Administrative Agent’s appointment, powers and duties as Administrative Agent shall be terminated. After any retiring Administrative Agent’s resignation hereunder as Administrative Agent, the provisions of this Article XI and
Sections 12.03 and 12.05 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Administrative Agent under this Agreement. If no successor administrative agent has accepted appointment as
Administrative Agent by the date which is 30 days following a retiring 

  
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Administrative Agent’s notice of resignation, the retiring Administrative Agent’s resignation shall nevertheless thereupon become effective and the Lenders shall perform all of the
duties of the Administrative Agent hereunder until such time, if any, as the Majority Lenders appoint a successor agent as provided for above; provided that in the case of any security held by the Administrative Agent on behalf of the Lenders
under the Loan Documents, the retiring Administrative Agent shall continue to hold such security until such time as a successor administrative agent is appointed. 
 Section 11.11 Syndication Agent; Other Agents; Arrangers. None of the Lenders or other Persons identified on the facing page or signature pages of this Agreement as a “syndication
agent,” as a “documentation agent,” any other type of agent (other than the Administrative Agent), “arranger,” or “bookrunner” shall have any right, power, obligation, liability, responsibility or duty under this
Agreement other than those applicable to all Lenders as such. Without limiting the foregoing, none of the Lenders so identified shall have or be deemed to have any fiduciary relationship with any Lender. Each Lender acknowledges that it has not
relied, and will not rely, on any of the Lenders so identified in deciding to enter into this Agreement or in taking or not taking action hereunder. 
 Section 11.12 Administrative Agent May File Proof of Claim. In case of the pendency of any receivership, insolvency, liquidation, bankruptcy, reorganization, arrangement, adjustment,
composition or other judicial proceeding relative to the Borrower or any Restricted Subsidiary, the Administrative Agent (irrespective of whether the principal of any Loan shall then be due and payable as herein expressed or by declaration or
otherwise and irrespective of whether the Administrative Agent shall have made any demand on the Borrower) shall be entitled and empowered, by intervention in such proceeding or otherwise (a) to file and prove a claim for the whole amount of
the principal and interest owing and unpaid in respect of the Loans and all other Indebtedness that are owing and unpaid and to file such other documents as may be necessary or advisable in order to have the claims of the Lenders and the
Administrative Agent (including any claim for the reasonable compensation, expenses, disbursements and advances of the Lenders and the Administrative Agent and their respective agents and counsel and all other amounts due the Lenders and the
Administrative Agent under Section 12.03) allowed in such judicial proceeding; and (b) to collect and receive any monies or other property payable or deliverable on any such claims and to distribute the same; 

(c) and any custodian, receiver, assignee, trustee, liquidator, sequestrator or other similar official in any such
judicial proceeding is hereby authorized by each Lender to make such payments to the Administrative Agent and, in the event that the Administrative Agent shall consent to the making of such payments directly to the Lenders, to pay to the
Administrative Agent any amount due for the reasonable compensation, expenses, disbursements and advances of the Administrative Agent and its agents and counsel, and any other amounts due the Administrative Agent under Section 12.03.

 Nothing contained herein shall be deemed to authorize the Administrative Agent to authorize or consent to or accept or adopt
on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Indebtedness or the rights of any Lender or to authorize the Administrative Agent to vote in respect of the claim of any Lender in any such
proceeding. 
 Section 11.13 Secured Swap Agreements. To the extent any Affiliate of a Lender is a party to a
Secured Swap Agreement with the Borrower or any of the Restricted Subsidiaries and thereby becomes a beneficiary of the Liens pursuant to any Security Instrument, such Affiliate of a Lender shall be deemed to appoint the Administrative Agent its
nominee and agent to act for and on behalf of such Affiliate in connection with such Security Instruments and to be bound by the terms of this Article XI and the other provisions of this Agreement. 

  
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 Section 11.14 Bank Product Obligations. To the extent any Affiliate of a
Lender provides any Bank Products and thereby becomes a beneficiary of the Liens pursuant to any Security Instrument, such Affiliate of a Lender shall be deemed to appoint the Administrative Agent its nominee and agent to act for and on behalf of
such Affiliate in connection with such Security Instruments and to be bound by the terms of this Article XI and the other provisions of this Agreement. 
 ARTICLE XII 
 MISCELLANEOUS 

Section 12.01 Notices.  
 (a) Except in the case of notices and other communications expressly permitted to be given by telephone (and subject to Section 12.01(b)), all notices and other communications provided for
herein shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by telecopy or e-mail, as follows: if to the Borrower, to it at: 

Atlas Energy, L.P. 
 1845 Walnut Street, 10th Floor 
 Philadelphia, Pennsylvania 19118 

Attn: Sean P. McGrath 
 Fax: (215) 405-3882 
 Email: SMcGrath@atlasenergy.com 

if to Administrative Agent, to it at: 
 Deutsche Bank AG New York Branch 
 60 Wall Street 

New York, New York 10005 
 Attn: Michael Getz 
 Phone: (212) 250 2640 

if to any other Lender, in its capacity as such, to it at its address (or telecopy number) set forth in its Administrative Questionnaire. 

(b) Notices and other communications to the Lenders hereunder may be delivered or furnished by electronic communications pursuant to
procedures approved by the Administrative Agent; provided that the foregoing shall not apply to notices pursuant to Article II, Article III, Article IV and Article V unless otherwise agreed by the Administrative
Agent and the applicable Lender. The Administrative Agent or the Borrower may, in its discretion, agree to accept notices and other communications to it hereunder by electronic communications pursuant to procedures approved by it; provided
that approval of such procedures may be limited to particular notices or communications. 
 (c) Any party hereto may change its
address, telecopy number or e-mail address for notices and other communications hereunder by notice to the other parties hereto. All notices and other communications given to any party hereto in accordance with the provisions of this Agreement shall
be deemed to have been given on the date of receipt. 

  
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 Section 12.02 Waivers; Amendments. 

(a) No failure on the part of the Administrative Agent or any Lender to exercise and no delay in exercising, and no course of dealing
with respect to, any right, power or privilege, or any abandonment or discontinuance of steps to enforce such right, power or privilege, under any of the Loan Documents shall operate as a waiver thereof, nor shall any single or partial exercise of
any right, power or privilege under any of the Loan Documents preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies of the Administrative Agent and the Lenders hereunder and
under the other Loan Documents are cumulative and are not exclusive of any rights or remedies that they would otherwise have. No waiver of any provision of this Agreement or any other Loan Document or consent to any departure by any Loan Party
therefrom shall in any event be effective unless the same shall be permitted by Section 12.02(b), and then such waiver or consent shall be effective only in the specific instance and for the purpose for which given. Without limiting the
generality of the foregoing, the making of a Loan shall not be construed as a waiver of any Default, regardless of whether the Administrative Agent or any Lender may have had notice or knowledge of such Default at the time. 

(b) Subject to Section 12.04(b)(ii)(D)(4), neither this Agreement nor any provision hereof nor any Security Instrument nor
any provision thereof may be waived, amended or modified except pursuant to an agreement or agreements in writing entered into by the Loan Parties party thereto and the Majority Lenders or by the Borrower and the Administrative Agent with the
consent of the Majority Lenders; provided that no such agreement shall 
 (i) increase the Maximum Credit
Amount of any Lender without the written consent of such Lender, 
 (ii) [Reserved], 

(iii) reduce the principal amount of any Loan or reduce the rate of interest thereon, or reduce any fees payable
hereunder, without the written consent of each Lender directly and adversely affected thereby; provided that the consent of an Affiliate Lender for any such reduction shall not be required if such reduction is proportionately applicable to
each Lender (including such Affiliate Lender), 
 (iv) postpone the scheduled date of payment of the principal
amount of any Loan, or any interest thereon, or any fees payable hereunder, or reduce the amount of, waive or excuse any such payment, or postpone or extend the Termination Date without the written consent of each Lender directly and adversely
affected thereby; provided that the consent of an Affiliate Lender for any such postponement, reduction, extension or waiver shall not be required if such postponement, reduction, extension or waiver is proportionately applicable to each
Lender (including such Affiliate Lender), 
 (v) change Section 4.01(b) or
Section 4.01(c) in a manner that would alter the pro rata sharing of payments required thereby, without the written consent of each Lender adversely affected thereby, release any Guarantor (except as set forth in the Guaranty Agreement);
provided that the consent of an Affiliate Lender for any such change shall not be required if such change is proportionately applicable to each Lender (including such Affiliate Lender), 

(vi) release any Guarantor (except as set forth in the Guaranty Agreement) or release all or substantially all of the
Collateral, or reduce the percentage set forth in the definition of Required Mortgage Value to less than 80%, without the written consent of each Lender (other than any Affiliate Lender), or 

  
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 (vii) change any of the provisions of this Section 12.02(b) or
the definitions of “Super Majority Lenders” or “Majority Lenders” or Section 9.11(g) or any other provision hereof specifying the number or percentage of Lenders required to waive, amend or modify any
rights hereunder or under any other Loan Documents or make any determination or grant any consent hereunder or any other Loan Documents, without the written consent of each Lender directly and adversely affected thereby; 

provided further, that no such agreement shall amend, modify or otherwise affect the rights or duties of the Administrative Agent
hereunder or under any other Loan Document without the prior written consent of the Administrative Agent. Notwithstanding the foregoing, any supplement to Schedule 7.15 (Subsidiaries) shall be effective simply by delivering to the
Administrative Agent a supplemental schedule clearly marked as such and, upon receipt, the Administrative Agent will promptly deliver a copy thereof to the Lenders. 
 (c) Without the consent of any other person, the applicable Loan Party or Loan Parties and the Administrative Agent may (in its or their respective sole discretion, or shall, to the extent required by any
Loan Document) enter into any amendment or waiver of any Loan Document, or enter into any new agreement or instrument, to effect the granting, perfection, protection, expansion or enhancement of any security interest in any Collateral or additional
property to become Collateral for the benefit of the Secured Creditors, or as required by local law to give effect to, or protect any security interest for the benefit of the Secured Creditors, in any property or so that the security interests
therein comply with applicable law. 
 Section 12.03 Expenses, Indemnity; Damage Waiver. 

(a) The Borrower shall pay (i) all reasonable and documented out-of-pocket expenses incurred by the Administrative Agent and its
Affiliates, including, without limitation, the reasonable fees, charges and disbursements of counsel and other outside consultants for the Administrative Agent, the reasonable travel, photocopy, mailing, courier, telephone and other similar
expenses, and the cost of environmental audits and surveys and appraisals, in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration (both before and after
the execution hereof and including advice of counsel to the Administrative Agent as to the rights and duties of the Administrative Agent and the Lenders with respect thereto) of this Agreement and the other Loan Documents and any amendments,
modifications or waivers of or consents related to the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable and documented out-of-pocket costs, expenses, taxes,
assessments and other charges incurred by the Administrative Agent or any Lender in connection with any filing, registration, recording or perfection of any security interest contemplated by this Agreement or any Security Instrument or any other
document referred to therein, and (iii) all out-of-pocket expenses incurred by the Administrative Agent or any Lender, including the fees, charges and disbursements of any counsel for the Administrative Agent, or any Lender, in connection with
the enforcement or protection of its rights in connection with this Agreement or any other Loan Document, including its rights under this Section 12.03, or in connection with the Loans made hereunder, including, without limitation, all
such out-of-pocket expenses incurred during any workout, restructuring or similar negotiations in respect of such Loans. 
 (b)
THE BORROWER SHALL INDEMNIFY THE ARRANGERS, THE ADMINISTRATIVE AGENT AND EACH LENDER, AND EACH RELATED PARTY OF ANY OF THE FOREGOING PERSONS (EACH SUCH PERSON BEING CALLED AN “INDEMNITEE”) AGAINST, DEFEND AND HOLD EACH INDEMNITEE
HARMLESS FROM, ANY AND ALL LOSSES, CLAIMS, DAMAGES, PENALTIES, LIABILITIES AND RELATED EXPENSES, INCLUDING THE REASONABLE FEES, CHARGES AND DISBURSEMENTS OF 

  
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ANY COUNSEL FOR ANY INDEMNITEE, INCURRED BY OR ASSERTED AGAINST ANY INDEMNITEE ARISING OUT OF, IN CONNECTION WITH, OR AS A RESULT OF (1) THE EXECUTION OR DELIVERY OF THIS AGREEMENT OR ANY
OTHER LOAN DOCUMENT OR ANY AGREEMENT OR INSTRUMENT CONTEMPLATED HEREBY OR THEREBY, THE PERFORMANCE BY THE PARTIES HERETO OR THE PARTIES TO ANY OTHER LOAN DOCUMENT OF THEIR RESPECTIVE OBLIGATIONS HEREUNDER OR THEREUNDER OR THE CONSUMMATION OF THE
TRANSACTIONS CONTEMPLATED HEREBY OR BY ANY OTHER LOAN DOCUMENT, (2) THE FAILURE OF THE BORROWER OR ANY RESTRICTED SUBSIDIARY TO COMPLY WITH THE TERMS OF ANY LOAN DOCUMENT, INCLUDING THIS AGREEMENT, OR WITH ANY LAW, (3) ANY INACCURACY OF
ANY REPRESENTATION OR ANY BREACH OF ANY WARRANTY OR COVENANT OF THE BORROWER OR ANY GUARANTOR SET FORTH IN ANY OF THE LOAN DOCUMENTS OR ANY INSTRUMENTS, DOCUMENTS OR CERTIFICATIONS DELIVERED IN CONNECTION THEREWITH, (4) ANY LOAN OR THE USE OF
THE PROCEEDS THEREFROM, (5) ANY OTHER ASPECT OF THE LOAN DOCUMENTS, (6) THE OPERATIONS OF THE BUSINESS OF THE BORROWER AND THE RESTRICTED SUBSIDIARIES, (7) ANY ASSERTION THAT THE LENDERS WERE NOT ENTITLED TO RECEIVE THE PROCEEDS
RECEIVED PURSUANT TO THE SECURITY INSTRUMENTS, (8) ANY ENVIRONMENTAL LAW APPLICABLE TO THE BORROWER OR ANY RESTRICTED SUBSIDIARY OR ANY OF THEIR PROPERTIES, INCLUDING WITHOUT LIMITATION, THE PRESENCE, GENERATION, STORAGE, RELEASE, THREATENED
RELEASE, USE, TRANSPORT, DISPOSAL, ARRANGEMENT OF DISPOSAL OR TREATMENT OF HAZARDOUS MATERIALS ON ANY OF THEIR PROPERTIES, (9) THE BREACH OR NON-COMPLIANCE BY THE BORROWER OR ANY RESTRICTED SUBSIDIARY WITH ANY ENVIRONMENTAL LAW, (10) THE
PAST OWNERSHIP BY THE BORROWER OR ANY RESTRICTED SUBSIDIARY OF ANY OF THEIR PROPERTIES OR PAST ACTIVITY ON ANY OF THEIR PROPERTIES WHICH, THOUGH LAWFUL AND FULLY PERMISSIBLE AT THE TIME, COULD RESULT IN PRESENT LIABILITY, (11) THE PRESENCE,
USE, RELEASE, STORAGE, TREATMENT, DISPOSAL, GENERATION, THREATENED RELEASE, TRANSPORT, ARRANGEMENT FOR TRANSPORT OR ARRANGEMENT FOR DISPOSAL OF HAZARDOUS MATERIALS ON OR AT ANY OF THE PROPERTIES OWNED OR OPERATED BY THE BORROWER OR ANY RESTRICTED
SUBSIDIARY OR ANY ACTUAL OR ALLEGED PRESENCE OR RELEASE OF HAZARDOUS MATERIALS ON OR FROM ANY PROPERTY OWNED OR OPERATED BY THE BORROWER OR ANY OF THE RESTRICTED SUBSIDIARIES, (12) ANY ENVIRONMENTAL CLAIM RELATED IN ANY WAY TO THE BORROWER OR
ANY OF THE RESTRICTED SUBSIDIARIES, (13) ANY OTHER ENVIRONMENTAL, HEALTH OR SAFETY CONDITION IN CONNECTION WITH THE LOAN DOCUMENTS, OR (14) ANY ACTUAL OR PROSPECTIVE CLAIM, LITIGATION, INVESTIGATION OR PROCEEDING RELATING TO ANY OF THE
FOREGOING, WHETHER BASED ON CONTRACT, TORT OR ANY OTHER THEORY AND REGARDLESS OF WHETHER ANY INDEMNITEE IS A PARTY THERETO, AND SUCH INDEMNITY SHALL EXTEND TO EACH INDEMNITEE NOTWITHSTANDING THE SOLE OR CONCURRENT NEGLIGENCE OF EVERY KIND OR
CHARACTER WHATSOEVER, WHETHER ACTIVE OR PASSIVE, WHETHER AN AFFIRMATIVE ACT OR AN OMISSION, INCLUDING WITHOUT LIMITATION, ALL TYPES OF NEGLIGENT CONDUCT IDENTIFIED IN THE RESTATEMENT (SECOND) OF TORTS OF ONE OR MORE OF THE INDEMNITEES OR BY REASON
OF STRICT LIABILITY IMPOSED WITHOUT FAULT ON ANY ONE OR MORE OF THE INDEMNITEES; PROVIDED THAT SUCH INDEMNITY SHALL NOT, AS TO ANY INDEMNITEE, BE AVAILABLE TO THE EXTENT THAT SUCH LOSSES, CLAIMS, DAMAGES, LIABILITIES OR RELATED
EXPENSES HAVE RESULTED FROM (X) THE GROSS NEGLIGENCE OR WILLFUL MISCONDUCT OF SUCH 

  
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INDEMNITEE (AS DETERMINED BY A FINAL, NONAPPEALABLE JUDGMENT OF A COURT OF COMPETENT JURISDICTION), (Y) A MATERIAL BREACH IN BAD FAITH OF THE MATERIAL OBLIGATIONS OF SUCH INDEMNITEE UNDER
THE LOAN DOCUMENTS (AS DETERMINED BY A FINAL NON-APPEALABLE JUDGMENT OF A COURT OF COMPETENT JURISDICTION) OR (Z) ANY PROCEEDING NOT INVOLVING ANY ACT OR OMISSION BY THE BORROWER OR ITS AFFILIATES THAT IS SOLELY AMONG INDEMNITEES (OTHER THAN
ANY PROCEEDING AGAINST THE ADMINISTRATIVE AGENT OR ANY ARRANGER, IN THEIR CAPACITY AS SUCH. 
 (c) To the extent that the
Borrower fails to pay any amount required to be paid by it to the Administrative Agent under Section 12.03(a) or Section 12.03(b), each Lender severally agrees to pay to the Administrative Agent such Lender’s Applicable
Percentage (determined as of the time that the applicable unreimbursed expense or indemnity payment is sought) of such unpaid amount; provided that the unreimbursed expense or indemnified loss, claim, damage, liability or related expense, as
the case may be, was incurred by or asserted against the Administrative Agent in its capacity as such. 
 (d) To the extent
permitted by applicable law, the Borrower shall not assert, and hereby waives, any claim against any indemnitee, on any theory of liability, for special, indirect, consequential or punitive damages (as opposed to direct or actual damages) arising
out of, in connection with, or as a result of, this Agreement, any other Loan Document or any agreement or instrument contemplated hereby or thereby, the Transactions, any Loan or the use of the proceeds thereof. 

(e) All amounts due under this Section 12.03 shall be payable promptly after written demand therefor. 

Section 12.04 Successors and Assigns. 
 (a) The provisions of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns permitted hereby, except that (i) the Borrower
may not assign or otherwise transfer any of its rights or obligations hereunder without the prior written consent of each Lender (and any attempted assignment or transfer by the Borrower without such consent shall be null and void) and (ii) no
Lender may assign or otherwise transfer its rights or obligations hereunder except in accordance with this Section 12.04. Nothing in this Agreement, expressed or implied, shall be construed to confer upon any Person (other than the
parties hereto, their respective successors and assigns permitted hereby, Participants (to the extent provided in Section 12.04(c)) and, to the extent expressly contemplated hereby, the Related Parties of each of the Administrative Agent
and the Lenders) any legal or equitable right, remedy or claim under or by reason of this Agreement. 
 (b) (i) Subject to the
conditions set forth in paragraph (b)(ii) below, any Lender may assign to one or more assignees (each, an “Assignee”) all or a portion of its rights and obligations under this Agreement (including all or a portion of its
Commitment and the Loans at the time owing to it) with the prior written consent of: 
 (A) the Borrower (such
consent not to be unreasonably withheld, conditioned or delayed), provided that no consent of the Borrower shall be required for an assignment to a Lender, an Affiliate of a Lender, an Approved Fund (as defined below) or, if an Event of
Default has occurred and is continuing, any other Person; and 
 (B) the Administrative Agent (such consent not
to be unreasonably withheld, conditioned or delayed), provided that no consent of the Administrative Agent shall be required for an assignment to a Lender, an Affiliate of a Lender, or an Approved Fund. 

  
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 (ii) Assignments shall be subject to the following additional conditions: 

(A) except in the case of an assignment to a Lender, an affiliate of a Lender or an Approved Fund or an assignment of the
entire remaining amount of the assigning Lender’s Commitment or Loans, the amount of the Commitment or Loans of the assigning Lender subject to each such assignment (determined as of the date the Assignment and Assumption with respect to such
assignment is delivered to the Administrative Agent) shall not be less than $5,000,000 or, if smaller, the entire remaining amount of the assigning Lender’s Maximum Credit Amount, unless each of the Borrower and the Administrative Agent
otherwise consent, provided that (1) no such consent of the Borrower shall be required if an Event of Default has occurred and is continuing and (2) such amounts shall be aggregated in respect of each Lender and its Affiliates or
Approved Funds, if any; 
 (B) the parties to each assignment (other than assignments to an Affiliate of a Lender
or an Approved Fund) shall execute and deliver to the Administrative Agent an Assignment and Assumption, together with a processing and recordation fee of $3,500 unless such fee is waived by the Administrative Agent; 

(C) the Assignee, if it shall not be a Lender, shall deliver to the Administrative Agent an Administrative Questionnaire;
and 
 (D) any Lender assign all or a portion of its rights and obligations under this Agreement to an Affiliate
of the Borrower, subject to the following limitations: 
 (1) each Affiliate of the Borrower that is an Assignee
(each, an “Affiliate Lender”) shall represent and warrant as of the date of any such purchase and assignment, that neither such Affiliate Lender or any of its Affiliates nor any of their respective directors or officers has any
material non-public information with respect to the Borrower or any of its Subsidiaries or securities that has not been disclosed to the assigning Lender (other than because such assigning Lender does not wish to receive material non-public
information with respect to the Borrower and its Subsidiaries or securities) prior to such date to the extent such information could reasonably be expected to have a material effect upon, or otherwise be material, to a Lender’s decision to
assign rights and obligations hereunder to such Affiliate Lender; 
 (2) each Affiliate Lender will not be
entitled to receive, and will not receive, information provided solely to the Lenders that are not Affiliate Lenders by the Administrative Agent or any Lender that is not an Affiliate Lender and will not be permitted to attend or participate in, and
will not attend or participate in, meetings or conference calls solely among the Lenders that are not Affiliate Lenders and the Administrative Agent; 
 (3) the aggregate percentage of the Aggregate Maximum Credit Amounts or of the outstanding aggregate principal amount of the Loans (if there are Loans outstanding at such time) held at any one time by all
Affiliate Lenders may not exceed 10% of the Aggregate Maximum Credit Amounts or of the principal amount of the Loans, in each case outstanding at such time under this Agreement; 

(4) Notwithstanding anything in this Agreement to the contrary, for purposes of determining whether the Majority Lenders,
the Super Majority Lenders or all Lenders have (x) consented (or not consented) to any amendment, modification, waiver, consent or other action with respect to any of the terms of any Loan Document or any departure


  
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by any Loan Party therefrom, or any plan of reorganization pursuant to the U.S. Bankruptcy Code, (y) otherwise acted on any matter related to any Loan Document, or (z) directed or
required the Administrative Agent or any Lender to undertake any action (or refrain from taking any action) with respect to or under any Loan Document, all Loans (or Maximum Credit Amounts, as applicable) held by any Affiliate Lender shall be deemed
to be not outstanding for all purposes of calculating whether the Majority Lenders, the Super Majority Lenders or all Lenders have taken any actions; and 
 (5) borrowings of Loans shall not be made to directly or indirectly fund the purchase or assignment. 
 For the purposes of this Section 12.04, “Approved Fund” means a Person (other than a natural person) that is engaged in making, purchasing, holding or investing in bank loans
and similar extensions of credit in the ordinary course of its business and that is administered or managed by (a) a Lender, (b) an Affiliate of a Lender or (c) a Person or an Affiliate of a Person that administers or manages a
Lender. 
 (iii) Subject to acceptance and recording thereof pursuant to paragraph (b)(iv) below, from and after the
effective date specified in each Assignment and Assumption the Assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this
Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of
the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Section 5.01, Section 5.02, Section 5.03
and Section 12.03). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 12.04(b) shall be treated for purposes of this Agreement as a sale by such Lender
of a participation in such rights and obligations in accordance with Section 12.04(c). 
 (iv) The Administrative
Agent, acting solely for this purpose as an agent of the Borrower, shall maintain at one of its offices a copy of each Assignment and Assumption delivered to it and a register for the recordation of the names and addresses of the Lenders, and the
Maximum Credit Amount of, and principal amount of the Loans owing to, each Lender pursuant to the terms hereof from time to time (the “Register”). The entries in the Register shall be conclusive, and the Borrower, the Administrative
Agent and the Lenders shall treat each Person whose name is recorded in the Register pursuant to the terms hereof as a Lender hereunder for all purposes of this Agreement, notwithstanding notice to the contrary. The Register shall be available for
inspection by the Borrower and any Lender, at any reasonable time and from time to time upon reasonable prior notice. 
 (v)
Upon its receipt of a duly completed Assignment and Assumption executed by an assigning Lender and an Assignee, the Assignee’s completed Administrative Questionnaire (unless the Assignee shall already be a Lender hereunder), the processing and
recordation fee referred to in Section 12.04(b), and any written consent to such assignment required by Section 12.04(b), the Administrative Agent shall accept such Assignment and Assumption and record the information
contained therein in the Register. No assignment shall be effective for purposes of this Agreement unless it has been recorded in the Register as provided in this Section 12.04(b). 

(c) (i) Any Lender may, without the consent of the Borrower or the Administrative Agent, sell participations to one or more banks or other
entities other than to the Borrower or any Affiliate of the Borrower (each a “Participant”) in all or a portion of such Lender’s rights and obligations under this Agreement (including all or a portion of its Commitment and the
Loans owing to it); provided that (A) such Lender’s obligations under this Agreement shall remain unchanged, (B) such Lender shall remain 

  
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solely responsible to the other parties hereto for the performance of such obligations, and (C) the Borrower, the Administrative Agent and the other Lenders shall continue to deal solely and
directly with such Lender in connection with such Lender’s rights and obligations under this Agreement. Any agreement pursuant to which a Lender sells such a participation shall provide that such Lender shall retain the sole right to enforce
this Agreement and to approve any amendment, modification or waiver of any provision of this Agreement; provided that such agreement may provide that such Lender will not, without the consent of the Participant, agree to any amendment,
modification or waiver that (1) requires the consent of each Lender directly affected thereby pursuant to Section 12.02(b) and (2) directly affects such Participant. Subject to paragraph (c)(ii) of this Section, the
Borrower agrees that each Participant shall be entitled to the benefits of Section 5.01, Section 5.02, and Section 5.03 to the same extent as if it were a Lender and had acquired its interest by assignment
pursuant to Section 12.04(b). To the extent permitted by law, each Participant also shall be entitled to the benefits of Section 12.08 as though it were a Lender, provided such Participant shall be subject to
Section 4.01 as though it were a Lender. Each Lender that sells a participation shall, acting solely for this purpose as a non-fiduciary agent of the Borrower, maintain a register on which it enters the name and address of each
Participant and the principal amounts (and stated interest) of each Participant’s interest in the Loans or other obligations under the Loan Documents (the “Participant Register”); provided that no Lender shall have any
obligation to disclose all or any portion of the Participant Register (including the identity of any Participant or any information relating to a Participant’s interest in any commitments, loans or its other obligations under any Loan Document)
to any Person except to the extent that such disclosure is necessary to establish that such commitment, loan or other obligation is in registered form under Section 5f.103-1(c) of the United States Treasury Regulations. The entries in the
Participant Register shall be conclusive absent manifest error, and such Lender shall treat each Person whose name is recorded in the Participant Register as the owner of such participation for all purposes of this Agreement notwithstanding any
notice to the contrary. For the avoidance of doubt, the Administrative Agent (in its capacity as Administrative Agent) shall have no responsibility for maintaining a Participant Register. 

(ii) A Participant shall not be entitled to receive any greater payment under Section 5.01 or Section 5.03 than
the applicable Lender would have been entitled to receive with respect to the participation sold to such Participant, unless the sale of the participation to such Participant is made with the Borrower’s prior written consent (not to be
unreasonably withheld or delayed). Any Participant that is a Foreign Lender shall not be entitled to the benefits of Section 5.03 unless the Borrower is notified of the participation sold to such Participant and such Participant agrees,
for the benefit of the Borrower, to comply with Section 5.03(e). 
 (d) Any Lender may at any time pledge or assign
a security interest in all or any portion of its rights under this Agreement to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank, and this Section shall not apply to any such
pledge or assignment of a security interest; provided that no such pledge or assignment of a security interest shall release a Lender from any of its obligations hereunder or substitute any such pledgee or Assignee for such Lender as a party
hereto. 
 (e) Notwithstanding the foregoing, any Lender may grant to a Conduit Lender the option to provide to the Borrower all
or any part of any Loan that a Lender would be required to make, and any Conduit Lender may assign any or all of the Loans it may have funded hereunder to its designating Lender, in each case, without the consent of the Borrower or the
Administrative Agent and without regard to the limitations set forth in Section 12.04(b). Each of the Borrower, each Lender and the Administrative Agent hereby confirms that it will not institute against a Conduit Lender or join any
other Person in instituting against a Conduit Lender any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding under any state bankruptcy or similar law, for one year and one day after the payment in full of the latest
maturing commercial paper note issued by such Conduit Lender; provided, however, that 

  
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each Lender designating any Conduit Lender hereby agrees to indemnify, save and hold harmless each other party hereto for any loss, cost, damage or expense arising out of its inability to
institute such a proceeding against such Conduit Lender during such period of forbearance. 
 Section 12.05
Survival; Revival; Reinstatement. 
 (a) All covenants, agreements, representations and warranties made by the Borrower
herein and by the Restricted Subsidiaries in the certificates or other instruments delivered in connection with or pursuant to this Agreement or any other Loan Document shall be considered to have been relied upon by the other parties hereto and
shall survive the execution and delivery of this Agreement and the making of any Loans regardless of any investigation made by any such other party or on its behalf and notwithstanding that the Administrative Agent or any Lender may have had notice
or knowledge of any Default or incorrect representation or warranty at the time any credit is extended hereunder, and shall continue in full force and effect as long as the principal of or any accrued interest on any Loan or any fee or any other
amount payable under this Agreement is outstanding and unpaid and so long as the Commitments have not expired or terminated. The provisions of Section 5.01, Section 5.02, Section 5.03 and Section 12.03
and Article XI shall survive and remain in full force and effect regardless of the consummation of the transactions contemplated hereby, the repayment of the Loans, the expiration or termination of the Commitments or the termination of this
Agreement, any other Loan Document or any provision hereof or thereof. 
 (b) To the extent any payment by or on behalf of the
Borrower is made to the Administrative Agent or any Lender, and such payment or any part thereof is subsequently invalidated, declared to be fraudulent or preferential, set aside or required (including pursuant to any settlement entered into by the
Administrative Agent or any Lender in its discretion) to be repaid to a trustee, receiver or any other party, in connection with any proceeding under any bankruptcy or other laws for the relief of debtors or otherwise, then to the extent of such
recovery, the obligation or part thereof originally intended to be satisfied shall be revived and continued in full force and effect as if such payment had not been made. 
 Section 12.06 Counterparts; Integration; Effectiveness. 
 (a)
This Agreement 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. 

(b) This Agreement, the other Loan Documents and any separate letter agreements with respect to fees payable to the Administrative Agent
constitute the entire contract among the parties relating to the subject matter hereof and thereof and supersede any and all previous agreements and understandings, oral or written, relating to the subject matter hereof and thereof. This Agreement
and the other Loan Documents represent the final agreement among the parties hereto and thereto 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. 
 (c) Except as provided in Section 6.01, this Agreement shall become effective when it shall
have been executed by the Administrative Agent and when the Administrative Agent shall have received counterparts hereof which, when taken together, bear the signatures of each of the other parties hereto, and thereafter shall be binding upon and
inure to the benefit of the parties hereto and their respective successors and assigns. Delivery of an executed counterpart of a signature page of this Agreement by email (in.pdf or similar format) or telecopy shall be effective as delivery of a
manually executed counterpart of this Agreement. 

  
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 Section 12.07 Severability. Any provision of this Agreement or any other
Loan Document 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 or thereof; and the invalidity of a particular provision in a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 

Section 12.08 Right of Setoff. If an Event of Default under Section 10.01(a) or
Section 10.01(b) shall have occurred and be continuing, each Lender and each of its Affiliates is hereby authorized at any time and from time to time, to the fullest extent permitted by law, to set off and apply any and all deposits
(general or special, time or demand, provisional or final) at any time held and other obligations (of whatsoever kind, including, without limitations obligations under Swap Agreements) at any time owing by such Lender or Affiliate to or for the
credit or the account of the Borrower or any Restricted Subsidiary against any of and all the obligations of the Borrower or any Restricted Subsidiary owed to such Lender now or hereafter existing under this Agreement or any other Loan Document,
irrespective of whether or not such Lender shall have made any demand under this Agreement or any other Loan Document and although such obligations may be unmatured. Such Lender shall promptly notify the Borrower after any such set off and
application made by such Lender, but the failure to give such notice will not affect the validity of such set off and application. The rights of each Lender under this Section 12.08 are in addition to other rights and remedies (including
other rights of setoff) which such Lender or its Affiliates may have. 
 Section 12.09 GOVERNING LAW;
JURISDICTION; CONSENT TO SERVICE OF PROCESS. 
 (a) THIS AGREEMENT AND THE NOTES SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 (b) ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THE LOAN DOCUMENTS
SHALL BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK OR OF THE UNITED STATES OF AMERICA FOR THE SOUTHERN DISTRICT OF NEW YORK, AND, BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH PARTY HEREBY ACCEPTS FOR ITSELF AND (TO THE EXTENT PERMITTED BY
LAW) IN RESPECT OF ITS PROPERTY, GENERALLY AND UNCONDITIONALLY, THE EXCLUSIVE JURISDICTION OF THE AFORESAID COURTS. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING, WITHOUT LIMITATION, ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON
THE GROUNDS OF FORUM NON CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY SUCH ACTION OR PROCEEDING IN SUCH RESPECTIVE JURISDICTIONS. THIS SUBMISSION TO JURISDICTION IS NON-EXCLUSIVE AND DOES NOT PRECLUDE A PARTY FROM OBTAINING
JURISDICTION OVER ANOTHER PARTY IN ANY COURT OTHERWISE HAVING JURISDICTION. 
 (c) EACH PARTY IRREVOCABLY CONSENTS TO THE
SERVICE OF PROCESS OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO IT AT THE ADDRESS SPECIFIED IN SECTION 12.01 OR SUCH OTHER ADDRESS
AS IS SPECIFIED PURSUANT TO SECTION 12.01 (OR ITS ASSIGNMENT AND ASSUMPTION), SUCH SERVICE TO BECOME EFFECTIVE 30 DAYS AFTER SUCH MAILING. NOTHING HEREIN SHALL AFFECT THE RIGHT OF A PARTY OR ANY HOLDER OF A NOTE TO SERVE PROCESS IN ANY OTHER
MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST ANOTHER PARTY IN ANY OTHER JURISDICTION. 

  
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 (d) EACH PARTY HEREBY (I) IRREVOCABLY AND UNCONDITIONALLY WAIVES, TO THE FULLEST EXTENT
PERMITTED BY LAW, TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR ANY OTHER LOAN DOCUMENT AND FOR ANY COUNTERCLAIM THEREIN; (II) IRREVOCABLY WAIVES, TO THE MAXIMUM EXTENT NOT PROHIBITED BY LAW, ANY RIGHT IT MAY HAVE TO
CLAIM OR RECOVER IN ANY SUCH LITIGATION ANY INDIRECT, SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES, OR DAMAGES OTHER THAN, OR IN ADDITION TO, ACTUAL DAMAGES WITHOUT LIMITING OR OTHERWISE IMPAIRING THE BORROWER’S OBLIGATIONS UNDER
SECTION 12.03(B); (III) CERTIFIES THAT NO PARTY HERETO NOR ANY REPRESENTATIVE, AGENT OR COUNSEL OF ANY PARTY HERETO HAS REPRESENTED, EXPRESSLY OR OTHERWISE, OR IMPLIED THAT SUCH PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE
FOREGOING WAIVERS, AND (IV) ACKNOWLEDGES THAT IT HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT, THE LOAN DOCUMENTS AND THE TRANSACTIONS CONTEMPLATED HEREBY AND THEREBY BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS CONTAINED IN THIS
SECTION 12.09. 
 Section 12.10 Headings. Article and Section headings and the Table of Contents used
herein are for convenience of reference only, are not part of this Agreement, and shall not affect the construction of, or be taken into consideration in interpreting, this Agreement. 

Section 12.11 Confidentiality. Each of the Administrative Agent and each Lender agrees to keep confidential all
non-public information provided to it by the Borrower or any of the Restricted Subsidiaries, the Administrative Agent or any Lender pursuant to or in connection with this Agreement that is designated by the provider thereof as confidential;
provided that nothing herein shall prevent the Administrative Agent or any Lender from disclosing any such information (a) to the Administrative Agent, any other Lender or any affiliate thereof (subject, in the case of such disclosure to
any affiliate of the Administrative Agent or a Lender, to the Administrative Agent or such Lender, as applicable, being responsible for compliance by such affiliate with the provisions of this Section 12.11), (b) subject to an
agreement to comply with the provisions of this Section, to any actual or prospective Transferee or any direct or indirect counterparty to any Swap Agreement (or any professional advice to such counterparty), (c) to its employees, directors,
agents, attorneys, accountants and other professional advisors or those of any of its affiliates (it being understood that the Persons to whom such disclosure is made will be informed of the confidential nature of such information and instructed to
keep such information confidential), (d) upon the request or demand of any Governmental Authority or self-regulatory bodies that claim oversight over the Administrative Agent, any Arranger or their respective Affiliates or businesses,
(e) in response to any order of any court or other Governmental Authority or as may otherwise be required pursuant to any Law, (f) if requested or required to do so in connection with any litigation or similar proceeding, (g) that has
been publicly disclosed, (h) to the National Association of Insurance Commissioners or any similar organization or any nationally recognized rating agency that requires access to information about a Lender’s investment portfolio in
connection with ratings issued with respect to such Lender, or (i) in connection with the exercise of any remedy hereunder or under any other Loan Document. 
 Each Lender acknowledges that information furnished to it pursuant to this Agreement or the other Loan Documents may include material non-public information concerning the Borrower and its Affiliates and
their related parties or their respective securities, and confirms that it has developed compliance procedures regarding the use of material non-public information and that it will handle such material non-public information in accordance with those
procedures and applicable law, including Federal and state securities laws. 

  
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 All information, including requests for waivers and amendments, furnished by the Borrower or
the Administrative Agent pursuant to, or in the course of administering, this Agreement or the other Loan Documents will be syndicate-level information, which may contain material non-public information about the Borrower and its Affiliates and
their related parties or their respective securities. Accordingly, each Lender represents to the Borrower and the Administrative Agent that it has identified in its Administrative Questionnaire a credit contact who may receive information that may
contain material non-public information in accordance with its compliance procedures and applicable law, including Federal and state securities laws. 
 Section 12.12 Interest Rate Limitation. It is the intention of the parties hereto that each Lender shall conform strictly to usury laws applicable to it. Notwithstanding anything herein
to the contrary, if at any time the interest rate applicable to any Loan, together with all fees, charges and other amounts which are treated as interest on such Loan under applicable law (collectively the “Charges”), shall exceed
the maximum lawful rate (the “Maximum Rate”) which may be contracted for, charged, taken, received or reserved by the Lender holding such Loan in accordance with applicable law, the rate of interest payable in respect of such Loan,
together with all Charges payable in respect thereof, shall be limited to the Maximum Rate and, to the extent lawful, the interest and Charges that would have been payable in respect of such Loan but were not payable as a result of the operation of
this Section shall be cumulated and the interest and Charges payable to such Lender in respect of other Loans or periods shall be increased (but not above the Maximum Rate therefor) until such cumulated amount, together with interest thereon at the
Federal Funds Effective Rate to the date of repayment, shall have been received by such Lender. 
 Section 12.13
No Third Party Beneficiaries. This Agreement, the other Loan Documents, and the agreement of the Lenders to make Loans hereunder are solely for the benefit of the Borrower, and no other Person (including, without limitation, any Restricted
Subsidiary, any obligor, contractor, subcontractor, supplier or materialman) shall have any rights, claims, remedies or privileges hereunder or under any other Loan Document against the Administrative Agent or any Lender for any reason whatsoever.
There are no third party beneficiaries. 
 Section 12.14 Collateral Matters; Swap Agreements. The benefit of
the Security Instruments and of the provisions of this Agreement relating to any collateral securing the Indebtedness shall also extend to and be available to the Administrative Agent and those Lenders or their respective Affiliates which are
counterparties to any Secured Swap Agreement with the Borrower or any of the Restricted Subsidiaries on a pro rata basis in respect of any obligations of the Borrower or any of the Restricted Subsidiaries which arise under any such Secured Swap
Agreement while such Person or its Affiliate is a Lender. For the avoidance of doubt, the obligations under any such Secured Swap Agreement will continue to be secured if the Person that is a counterparty to such Secured Swap Agreement ceases to be
the Administrative Agent, a Lender or an Affiliate of the Administrative Agent or a Lender, subject to the limitations set forth in the definition of “Secured Swap Agreement.” None of the Administrative Agent, a Lender or any Affiliate of
the Administrative Agent or a Lender shall have any voting rights under any Loan Document as a result of the existence of obligations owed to it under any Swap Agreements. 
 Section 12.15 Acknowledgements. The Borrower hereby acknowledges that: 
 (a) it has been advised by counsel in the negotiation, execution and delivery of this Agreement and the other Loan Documents; 

(b) neither the Administrative Agent nor any Lender has any fiduciary relationship with or duty to the Borrower arising
out of or in connection with this Agreement or any of the other Loan Documents, and the relationship between the Administrative Agent and Lenders, on one hand, and the Borrower, on the other hand, in connection herewith or therewith is solely that
of debtor and creditor; and 
 (c) no joint venture is created hereby or by the other Loan Documents or otherwise
exists by virtue of the transactions contemplated hereby among the Lenders or among the Borrower and the Lenders. 

  
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 Section 12.16 USA Patriot Act Notice. Each Lender hereby notifies the
Borrower that pursuant to the requirements of the USA Patriot Act (Title III of Pub. L. 107-56 (signed into law October 26, 2001)) (the “Act”), it is required to obtain, verify and record information that identifies the
Borrower, which information includes the name and address of the Borrower and other information that will allow such Lender to identify the Borrower in accordance with the Act. 

Section 12.17 Intercreditor Agreement. Reference is made to the Intercreditor Agreement dated as of July 31, 2013
(as amended, restated, supplemented or otherwise modified from time to time, the “Intercreditor Agreement”), among the Borrower, Wells Fargo Bank, N.A., as Revolving Facility Administrative Agent (as defined therein), and
Deutsche Bank AG New York Branch, as Term Loan Administrative Agent (as defined therein). Each Lender hereunder (a) acknowledges that it has received a copy of the Intercreditor Agreement, (b) consents to the priority of Liens on the
Collateral provided for in the Intercreditor Agreement, (c) agrees that it will be bound by and will take no actions contrary to the provisions of the Intercreditor Agreement as if it were a signatory thereto and (d) authorizes and
instructs the Administrative Agent to enter into the Intercreditor Agreement as Administrative Agent and on behalf of such Lender. The foregoing provisions are intended as an inducement to the Revolving Lenders (as defined in the Intercreditor
Agreement) to permit the incurrence of Indebtedness under this Agreement and to extend credit to the Borrower and such lenders are intended third party beneficiaries of such provisions. 

[SIGNATURES BEGIN NEXT PAGE] 

  
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 The parties hereto have caused this Agreement to be duly executed as of the day and year
first above written. 
  

									
	BORROWER:	 		 	 ATLAS ENERGY, L.P.

				
		 		 	By:	 	Atlas Energy GP, LLC,
		 		 		 	 its general partner

				
		 		 	By:	 	 /s/ Sean McGrath

		 		 		 	Name:	 	Sean McGrath
		 		 		 	Title:	 	Chief Financial Officer


  
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	DEUTSCHE BANK AG NEW YORK BRANCH,
	as Administrative Agent
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:
	
	DEUTSCHE BANK AG NEW YORK BRANCH, as Lender
		
	By:	 	  

		 	Name:
		 	Title:
		
	By:	 	  

		 	Name:
		 	Title:



  
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 ANNEX I 
 LIST OF MAXIMUM CREDIT AMOUNTS 
  

									
	 Name of Lender
	  	Applicable
Percentage	 	 	Maximum
Credit
Amount	 
			
	 Deutsche Bank AG New York Branch
	  	 	100	% 	 	$	240,000,000	  
			
	 Total
	  	 	100	% 	 	$	240,000,000	  








 EXHIBIT A 
 FORM OF NOTE 
  

			
	$[        ]	  	[            ], 201[    ]

 FOR VALUE RECEIVED, Atlas Energy, L.P., a Delaware limited partnership (the “Borrower”),
hereby promises to pay to the order of [                    ] (the “Lender”), at the office of Deutsche Bank AG New York Branch (the
“Administrative Agent”), at 60 Wall Street, New York, New York 10005, Attention: [                    ], the principal sum of
[                    ] Dollars ($[        ]) (or such lesser amount as shall equal the aggregate unpaid
principal amount of the Loans made by the Lender to the Borrower under the Credit Agreement (as hereinafter defined)), in lawful money of the United States of America and in immediately available funds, on the dates and in the principal amounts
provided in the Credit Agreement, and to pay interest on the unpaid principal amount of each such Loan, at such office, in like money and funds, for the period commencing on the date of such Loan until such Loan shall be paid in full, at the rates
per annum and on the dates provided in the Credit Agreement. 
 The date, amount, Type, interest rate and, if applicable,
Interest Period of each Loan made by the Lender to the Borrower, and each payment made on account of the principal thereof, shall be recorded by the Lender on its books and, prior to any transfer of this Note, may be endorsed by the Lender on the
schedules attached hereto or any continuation thereof or on any separate record maintained by the Lender. Failure to make any such notation or to attach a schedule shall not affect the Lender’s or the Borrower’s rights or obligations in
respect of such Loans or affect the validity of such transfer by the Lender of this Note. 
 This Note is one of the Notes
referred to in the Credit Agreement, dated as of July 31, 2013, among the Borrower, the Administrative Agent, and the other lenders from time to time party thereto (including the Lender), and evidences Loans made by the Lender thereunder (such
Credit Agreement as the same may be amended, supplemented, restated or otherwise modified from time to time, the “Credit Agreement”). Unless otherwise defined herein, capitalized terms used in this Note have the respective meanings
assigned to them in the Credit Agreement. 
 This Note is issued pursuant to the Credit Agreement and is entitled to the
benefits provided for in the Credit Agreement and the other Loan Documents. The Credit Agreement provides for the acceleration of the maturity of this Note upon the occurrence of certain events, for prepayments of Loans upon the terms and conditions
specified therein and other provisions relevant to this Note. 

  
 A-1









 THIS NOTE SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF
NEW YORK. 
  

			
	ATLAS ENERGY, L.P.
	
	 By: Atlas Energy GP, LLC,
 its general partner

		
	By:	 	  

	Name:	 	  

	Title:	 	  




  
 A-2









 EXHIBIT B 
 FORM OF BORROWING REQUEST 

[            ], 201[    ] 

Atlas Energy, L.P., a Delaware limited partnership (the “Borrower”), pursuant to Section 2.03 of the Credit
Agreement dated as of July 31, 2013 (together with all amendments, restatements, supplements or other modifications thereto, the “Credit Agreement”), among the Borrower, Deutsche Bank AG New York Branch, as Administrative
Agent, and the other lenders (the “Lenders”) from time to time party thereto (unless otherwise defined herein, each capitalized term used herein is defined in the Credit Agreement), hereby requests a Borrowing as follows:

 (i) The aggregate amount of the requested Borrowing is $[        ]; 

(ii) The
date1 of such Borrowing is
[            ], 201[    ]; 
 (iii) The
requested Borrowing is to be [an ABR Borrowing] [a Eurodollar Borrowing]; 
 (iv) [In the case of a Eurodollar Borrowing, the
initial Interest Period2 applicable thereto is [one]
[three] [six] months]; and 
 (v) The location and number of the Borrower’s account to which funds are to be disbursed,
which shall comply with the requirements of Section 2.05 of the Credit Agreement, is as follows: 

[                     ] 

[                     ] 

[                     ] 

[                     ] 

[                     ] 

 

	1 	The date shall be a Business Day. 


	2 	The initial Interest Period shall be a period contemplated by the definition of the term “Interest Period” in the Credit Agreement. 


  
 B-1









 The undersigned certifies that he/she is the
[            ] of the Borrower, and that as such he/she is authorized to execute this certificate on behalf of each of them. The undersigned further certifies, represents and warrants on
behalf of the Borrower that the Borrower is entitled to receive the requested Borrowing under the terms and conditions of the Credit Agreement. 
  

			
	ATLAS ENERGY, L.P.
	
	 By: Atlas Energy GP, LLC,
 its general partner

		
	By:	 	  

	Name:	 	  

	Title:	 	  




  
 B-2









 EXHIBIT C 
 FORM OF INTEREST ELECTION REQUEST 

[            ], 201[    ] 

Atlas Energy, L.P., a Delaware limited partnership (the “Borrower”), pursuant to Section 2.04 of the Credit
Agreement dated as of July 31, 2013 (together with all amendments, restatements, supplements or other modifications thereto, the “Credit Agreement”), among the Borrower, Deutsche Bank AG New York Branch, as Administrative
Agent, and the lenders (the “Lenders”) from time to time party thereto (unless otherwise defined herein, each capitalized term used herein is defined in the Credit Agreement), hereby makes an Interest Election Request as follows:

 (i) The Borrowing to which this Interest Election Request applies1 is
[                    ]; 

(ii) The effective date2 of the election made pursuant to this Interest Election Request is
[                    ], 201[    ]; [and] 
 (iii) The resulting Borrowing is to be [an ABR Borrowing] [a Eurodollar Borrowing][; and 
 (iv) [If the resulting Borrowing is a Eurodollar Borrowing, the Interest
Period3 applicable to the resulting Borrowing after giving
effect to such election is [one] [three] [six] months]. 
  

	1 	If different options are being elected with respect to different portions of the Borrowing, indicate the portions thereof to be allocated to each resulting Borrowing
(in which case, specify the information in paragraphs (iii) and (iv) for each resulting Borrowing). 


	2 	The effective date must be a Business Day. 


	3 	The initial Interest Period must be a period contemplated by the definition of the term “Interest Period” in the Credit Agreement. 


  
 C-1









 The undersigned certifies that he/she is the
[            ] of the Borrower, and that as such he/she is authorized to execute this certificate on behalf of each of them. The undersigned further certifies, represents and warrants on
behalf of the Borrower that the Borrower is entitled to receive the requested continuation or conversion under the terms and conditions of the Credit Agreement. 

 

			
	ATLAS ENERGY, L.P.
	
	 By: Atlas Energy GP, LLC,
 its general partner

		
	By:	 	  

	Name:	 	  

	Title:	 	  




  
 C-2









 EXHIBIT D 
 FORM OF COMPLIANCE CERTIFICATE 
 The undersigned, a Financial Officer of
the Borrower, hereby certifies that he/she is the [                    ] of Atlas Energy, L.P., a Delaware limited partnership (the
“Borrower”), and that as such he/she is authorized to execute this certificate on behalf of the Borrower. With reference to the Credit Agreement dated as of July 31, 2013 (together with all amendments, restatements, supplements
or other modifications thereto being the “Agreement”), among the Borrower, Deutsche Bank AG New York Branch, as Administrative Agent, and the lenders (the “Lenders”) from time to time party thereto, the undersigned
represents and warrants as follows (each capitalized term used herein having the same meaning given to it in the Agreement unless otherwise specified): 
 [Use following paragraph 1 for fiscal year-end financial statements] 
 1. Attached hereto as Schedule 1 are the year-end audited financial statements (the “Financial Statements”) required by Section 8.01(a) of the Agreement for the fiscal year of
the Borrower ended as of December 31, 201[    ] (the “Reporting Date”), together with the report and opinion of an independent certified public accountant required by such section, including to the effect
that such Financial Statements present fairly, in all material respects, the financial condition and results of operations of the Borrower and its consolidated Subsidiaries on a consolidated basis in accordance with GAAP consistently applied.

 [Use following paragraph 1 for fiscal quarter-end financial statements] 

1. Attached hereto as Schedule 1 are the unaudited financial statements (the “Financial Statements”) required by
Section 8.01(b) of the Agreement for the fiscal quarter of the Borrower ended as of                     , 201[    ] (the
“Reporting Date”). Such Financial Statements present fairly, in all material respects, the financial condition and results of operations of the Borrower and its consolidated Subsidiaries on a consolidated basis [in accordance with
GAAP] consistently applied, subject to normal year-end audit adjustments and the absence of footnotes. 
 2. No Default has
occurred as the date hereof.1 

3. The representations and warranties of the Borrower and the Guarantors set forth in the Agreement and in the other Loan Documents are
true and correct on and as of the date hereof except, in each case, to the extent any such representations and warranties are expressly limited to an earlier date, in which case, on and as of the date hereof, such representations and warranties are
true and correct as of such specified earlier date [other than                     ]. 

4. Attached hereto as Schedule 2 are reasonably detailed calculations showing the Borrower’s compliance as of the Reporting
Date with the requirements of Section 9.01 of the Agreement. 
  

	1 	If a Default has occurred, the Borrower shall specify the details thereof and any action taken or proposed to be taken with respect thereto. 


  
 D-1









 5. Attached hereto as Schedule 3 is the Borrower’s calculation as of Reporting
Date of the Recognized Value and the Recognized Value Ratio. 
 6. Attached hereto as Schedule 4 is reasonably detailed
information regarding all cash dividends and distributions received by any Restricted Subsidiary from Persons other than Restricted Subsidiaries which were included in the calculations of the ratios that are the subject of Section 9.01 of the
Agreement, including a reconciliation of the Borrower’s calculation of EBITDA versus the calculation of Consolidated Net Income in accordance with GAAP. 

  
 D-2









 EXECUTED AND DELIVERED this      day of
[            ], 20[    ]. 
  

			
	ATLAS ENERGY, L.P.
	
	 By: Atlas Energy GP, LLC,
 its general partner

		
	By:	 	  

	Name:	 	  

	Title:	 	  




  
 D-3









 EXHIBIT E 
 SECURITY INSTRUMENTS 
 1. Guaranty dated as of July 31, 2013 by each Guarantor in
favor of the Administrative Agent. 
 2. Security Agreement dated as of July 31, 2013 among the Borrower, the Guarantors and the
Administrative Agent. 
 3. Membership interest certificate and blank membership interest power for Atlas Energy GP, LLC. 

4. Stock certificate and blank stock power for Atlas Energy Holdings Corp. 
 5. Membership interest certificate and blank membership interest power for Atlas Pipeline Partners GP, LLC. 
 6. Stock certificate and blank stock power for Atlas Energy Resource Services, Inc. 
 7. Stock
certificate and blank stock power for AED Investments, Inc. 
 8. Stock certificate and blank stock power Atlas America Mid-Continent, Inc.

 9. Stock/Equity Interest certificates and blank stock powers for Atlas Pipeline Partners, L.P. 

10. Securities Account Control Agreement dated as of July 31, 2013 among the Administrative Agent, America Stock Transfer & Trust Company,
the Borrower and Atlas Resource Partners, L.P. 
 11. Registration Rights Agreement dated as of July 31, 2013 between Atlas Resource
Partners, L.P. and the Administrative Agent. 
 12. Registration Rights Agreement dated as of July 31, 2013 between Atlas Pipeline
Partners, L.P. and the Administrative Agent. 
 13. Trademark Security Agreement between the Borrower and the Administrative Agent. 

15. Deposit Account Control Agreements to be entered into within 90 days of the Effective Date in respect of any Deposit Account (other than any Excluded
Deposit Account) which has a closing balance as of any date on or after the Effective Date exceeding $1,000,000. 
 16. Open-End Mortgages,
Security Agreements, Financing Statements, Fixture Filings, Assignment of As-Extracted Collateral and Assignments of Production to be entered into within 90 days of the Effective Date in respect of 80% of the aggregate value attributed to all Oil
and Gas Properties directly owned (whether in fee or by leasehold) by the Loan Parties. 

  
 E-1









 EXHIBIT F 
 FORM OF ASSIGNMENT AND ASSUMPTION 
 This Assignment and Assumption (the
“Assignment and Assumption”) is dated as of the Effective Date set forth below (the “Effective Date”) and is entered into by and between [Insert name of Assignor] (the “Assignor”) and
[Insert name of Assignee] (the “Assignee”). Capitalized terms used but not defined herein shall have the meanings given to them in the Credit Agreement identified below (together with all amendments, restatements, supplements
or other modifications thereto, the “Credit Agreement”), receipt of a copy of which is hereby acknowledged by the Assignee. The Standard Terms and Conditions set forth in Annex 1 attached hereto (the “Standard Terms and
Conditions”) are hereby agreed to and incorporated herein by reference and made a part of this Assignment and Assumption as if set forth herein in full. 
 For an agreed consideration, the Assignor hereby irrevocably sells and assigns to the Assignee, and the Assignee hereby irrevocably purchases and assumes from the Assignor, as contemplated hereby, subject
to and in accordance with the Standard Terms and Conditions and the Credit Agreement, as of the Effective Date inserted by the Administrative Agent below (i) all of the Assignor’s rights and obligations in its capacity as a Lender under
the Credit Agreement and any other documents or instruments delivered pursuant thereto to the extent related to the amount and percentage interest identified below of all of such outstanding rights and obligations of the Assignor under the
respective facilities identified below (including any letters of credit and guarantees included in such facilities) and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of
the Assignor (in its capacity as a Lender) against any Person, whether known or unknown, arising under or in connection with the Credit Agreement, any other documents or instruments delivered pursuant thereto or the loan transactions governed
thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant
to clause (i) above (the rights and obligations sold and assigned pursuant to clauses (i) and (ii) above being referred to herein collectively as the “Assigned Interest”). Such sale and assignment is without
recourse to the Assignor and, except as expressly provided in this Assignment and Assumption, without representation or warranty by the Assignor. 
  

					
	1. Assignor:	  	  
	  	
			
	2. Assignee:	  	  
	  	
		  	[and is an Affiliate of [a [identify Lender] / an Approved Fund]1
		
	3. Borrower:	  	Atlas Energy, L.P.

 4. Administrative Agent: Deutsche Bank AG New York Branch, as the administrative agent under the Credit Agreement

  

	1 	Select as applicable. 


  
 F-1









 5. Credit Agreement: The Credit Agreement, dated as of July 31, 2013 among Atlas Energy, L.P., as
Borrower, each of the Lenders from time to time party thereto, and Deutsche Bank AG New York Branch, as Administrative Agent 
 6. Assigned
Interest: 
  

													
	 Commitment Assigned
	  	Aggregate Amount of
Commitment/Loans for
all Lenders	 	  	Amount of Commitment/
Loans
Assigned	 	  	Percentage Assigned of
Commitment/Loans2	 
		  	$	 	  	  	$	 	  	  	 	    	% 
		  	$	 	  	  	$	 	  	  	 	    	% 
		  	$	 	  	  	$	 	  	  	 	    	% 

 Effective Date:             
    , 20[    ] [TO BE INSERTED BY ADMINISTRATIVE AGENT AND WHICH SHALL BE THE EFFECTIVE DATE OF RECORDATION OF TRANSFER IN THE REGISTER THEREFOR.] 

The terms set forth in this Assignment and Assumption are hereby agreed to: 

 

			
	ASSIGNOR
	
	[NAME OF ASSIGNOR]
		
	By:	 	  

	Title:	 	
	
	ASSIGNEE
	
	[NAME OF ASSIGNEE]
		
	By:	 	  

	Title:	 	


 The undersigned hereby consent to the within assignment:3 
  

			
	DEUTSCHE BANK AG NEW YORK BRANCH
		
	By:	 	  

	Name:	 	  

	Title:	 	  


  

	2 	Set forth, to at least 9 decimals, as a percentage of the Commitment/Loans of all Lenders thereunder. 


	3 	Consents to be included to the extent required by Section 12.04(b) of the Credit Agreement. 


  
 F-2










			
	ATLAS ENERGY, L.P.
	
	 By: Atlas Energy GP, LLC,
 its general partner

		
	By:	 	  

	Name:	 	  

	Title:	 	  



  
 F-3









 ANNEX 1 
 STANDARD TERMS AND CONDITIONS FOR 
 ASSIGNMENT AND ASSUMPTION

 1. Representations and Warranties. 
 1.1. Assignor. The Assignor (a) represents and warrants that (i) it is the legal and beneficial owner of the Assigned Interest, (ii) the Assigned Interest is free and clear of
any lien, encumbrance or other adverse claim and (iii) it has full power and authority, and has taken all action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby; and
(b) assumes no responsibility with respect to (i) any statements, warranties or representations made in or in connection with the Credit Agreement or any other Loan Document, (ii) the execution, legality, validity, enforceability,
genuineness, sufficiency or value of the Loan Documents or any collateral thereunder, (iii) the financial condition of the Borrower, any of its Subsidiaries or Affiliates or any other Person obligated in respect of any Loan Document or
(iv) the performance or observance by the Borrower, any of its Subsidiaries or Affiliates or any other Person of any of their respective obligations under any Loan Document. 

1.2. Assignee. The Assignee (a) represents and warrants that (i) it has full power and authority, and has taken all
action necessary, to execute and deliver this Assignment and Assumption and to consummate the transactions contemplated hereby and to become a Lender under the Credit Agreement, (ii) it satisfies the requirements, if any, specified in the
Credit Agreement that are required to be satisfied by it in order to acquire the Assigned Interest and become a Lender, (iii) from and after the Effective Date, it shall be bound by the provisions of the Credit Agreement as a Lender thereunder
and, to the extent of the Assigned Interest, shall have the obligations of a Lender thereunder, (iv) it has received a copy of the Credit Agreement, together with copies of the most recent financial statements delivered pursuant to
Section 8.01 thereof, as applicable, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this Assignment and Assumption and to purchase the Assigned Interest on the
basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, (v) if it is a Non-US Lender, attached to the Assignment and Assumption is any documentation required to
be delivered by it pursuant to the terms of the Credit Agreement, duly completed and executed by the Assignee, (vi) it is sophisticated with respect to decisions to acquire assets of the type represented by the Assigned Interest and either it,
or the Person exercising discretion in making its decision to acquire the Assigned Interest, is experienced in acquiring assets of such type, (vii) if it is not already a Lender under the Credit Agreement, attached to the Assignment and
Assumption Agreement is a completed Administrative Questionnaire in the form provided by the Administrative Agent and (viii) subject to Section 12.04(b)(ii)(B) of the Credit Agreement, together with this Assignment and Assumption
Agreement, the parties hereto have delivered to the Administrative Agent a processing and recordation fee of $3,500; and (b) agrees that (i) it will, independently and without reliance on the Administrative Agent, the Assignor or any other
Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit decisions in taking or not taking action under the Loan Documents, and (ii) it will perform in accordance with their
terms all of the obligations which by the terms of the Loan Documents are required to be performed by it as a Lender. 

  
 F-4









 2. Payments. From and after the Effective Date, the Administrative Agent shall make
all payments in respect of the Assigned Interest (including payments of principal, interest, fees and other amounts) to the Assignor for amounts which have accrued to but excluding the Effective Date and to the Assignee for amounts which have
accrued from and after the Effective Date. 
 3. General Provisions. This Assignment and Assumption shall be binding
upon, and inure to the benefit of, the parties hereto and their respective successors and assigns. This Assignment and Assumption may be executed in any number of counterparts, which together shall constitute one instrument. Delivery of an executed
counterpart of a signature page of this Assignment and Assumption by telecopy shall be effective as delivery of a manually executed counterpart of this Assignment and Assumption. This Assignment and Assumption shall be governed by, and construed in
accordance with, the law of the State of New York. 

  
 F-5









 EXHIBIT G 
 FORM OF RESERVE REPORT CERTIFICATE 
 [September]/[March] [30]/[31],
201[    ] 
 This Reserve Report Certificate (“Certificate”) is executed and delivered
pursuant to Section 8.11(b) of that certain Credit Agreement, dated as of July 31, 2013 (as amended, restated, supplemented or otherwise modified from time to time (the “Credit Agreement”) among Atlas Energy, L.P. (the
“Borrower”), Deutsche Bank AG New York Branch, as administrative agent (the “Administrative Agent”) and the Lenders from time to time party thereto. Unless otherwise defined herein, all capitalized terms have the
meanings set forth in the Credit Agreement. 
 The undersigned, a Responsible Officer of the Borrower, hereby certifies to the
Administrative Agent and Lenders that in all material respects, to the best of the Responsible Officer’s knowledge: 
 (i)
the information contained in the Reserve Report attached hereto as Attachment 1 to this Certificate (“Reserve Report”) and any other information delivered in connection therewith is true and correct, except that with respect
to the projections in the Reserve Report, the Responsible Officer only represents that such projections were prepared in accordance with SEC regulations; 
 (ii) the representations and warranties contained in Section 7.17(a) of the Credit Agreement remain true and correct as of the date hereof; 

(iii) except as set forth in Attachment 2 to this Certificate, on a net basis there are no gas imbalances or other prepayments
made to the Borrower or any Restricted Subsidiary with respect to the Oil and Gas Properties evaluated in such Reserve Report which would require the Borrower or any Restricted Subsidiary to deliver and transfer ownership at some future time volumes
of Hydrocarbons produced from such Oil and Gas Properties having a value (based on current prices) of more than $5,000,000 without receiving full payment therefor at the time of delivery of those Hydrocarbons; 

(iv) except as listed in Attachment 3 to this Certificate, none of the Oil and Gas Properties of the Loan Parties have been sold
since the date of the last Reserve Report; 
 (v) attached hereto as Attachment 4 to this Certificate is a list of all
marketing agreements entered into subsequent to the later of the Effective Date or the most recently delivered Reserve Report which the Borrower would have been obligated to list on Schedule 7.20 of the Credit Agreement had such agreement been in
effect on the Effective Date; and 
 (vi) attached hereto as Attachment 5 to this Certificate is a schedule of the Oil
and Gas Properties evaluated by the Reserve Report that are Mortgaged Properties demonstrating the percentage of the value of all Oil and Gas Properties evaluated in the Reserve Report (other than Designated Partnership Properties) as of the date
hereof that the value of such Mortgaged Properties represents. 

  
 G-1










 EXHIBIT G 

 

 IN WITNESS WHEREOF, I have hereunto signed this Certificate as of the
     day of [Month], 201[    ]. 
  

			
	ATLAS ENERGY, L.P.
	
	By: Atlas Energy GP, LLC,
	its general partner
		
	By:	 	  

	Name:	 	  

	Title:	 	  




  
 G-2










 EXHIBIT G 

 

 ATTACHMENT 1 

RESERVE REPORT 

  
 G-3










 EXHIBIT G 

 

 ATTACHMENT 2 

GAS IMBALANCES, TAKE OR PAY, OR OTHER PREPAYMENTS 

  
 G-4










 EXHIBIT G 

 

 ATTACHMENT 3 

OIL & GAS PROPERTIES SOLD 

  
 G-5










 EXHIBIT G 

 

 ATTACHMENT 4 

MARKETING AGREEMENTS ENTERED INTO SUBSEQUENT TO [date] 

  
 G-6










 EXHIBIT G 

 

 ATTACHMENT 5 

OIL & GAS PROPERTIES that are MORTGAGED PROPERTIES 

 

			
	 Mortgaged Property Name
	  	Percentage of the Borrowing Base that the
value of Mortgaged 
Property represents
		  	
		  	


  
 G-7









 EXHIBIT H 
 FORM OF JOINDER AGREEMENT 
 This Joinder Agreement dated as of
[                    ] (this “Agreement”), is between
[                    ], a [                    ]
(the “New Guarantor”), and Deutsche Bank AG New York Branch, in its capacity as administrative agent under the Credit Agreement (defined below) (in such capacity, the “Administrative Agent”). Capitalized terms used
in this Agreement without definition have the meanings assigned to those terms in the Guaranty, the Security Agreement, and the Credit Agreement. 
 RECITALS 
 A. Pursuant to a Credit Agreement dated as of July 31, 2013
(as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among Atlas Energy, L.P., a Delaware limited partnership (the “Borrower”), the lenders party thereto
from time to time (the “Lenders”), and the Administrative Agent, the Lenders agreed to make loans and other extensions of credit to the Borrower in an aggregate principal amount of up to the Maximum Credit Amounts. 

B. The Borrower and/or one or more of its Subsidiaries may at any time and from time to time enter into one or more Secured Swap
Agreements with one or more Secured Swap Providers (as defined in the Security Agreement, defined below). 
 C. The Borrower
and/or one or more of its Subsidiaries may at any time and from time to time enter into an agreement in respect of Bank Products with a Bank Products Provider. 
 D. Pursuant to a Guaranty dated as of July 31, 2013 (as amended, restated or otherwise modified from time to time, the “Guaranty”) made by the Subsidiaries of the Borrower party
thereto from time to time (the “Guarantors”) in favor of the Administrative Agent for the benefit of the Secured Creditors (as defined in the Guaranty), the Guarantors have guaranteed the payment of the Indebtedness, and pursuant to
a Security Agreement dated as of July 31, 2013 (as amended, restated or otherwise modified from time to time, the “Security Agreement”) made by the Borrower, the Subsidiaries of Borrower party thereto from time to time
(together with the Borrower, the “Grantors”), and the Agent for the benefit of the Secured Creditors (as defined in the Security Agreement), the Grantors have granted security interests in the collateral described therein as
security for the Indebtedness. 
 E. Section 4.14 of the Guaranty and Section 9.13 of the Security Agreement provide
that additional Material Subsidiaries of the Borrower may become Guarantors under the Guaranty and Grantors under the Security Agreement by execution and delivery of an instrument in the form of this Agreement. The New Guarantor is executing this
Agreement in accordance with the requirements of the Credit Agreement to become a Guarantor under the Guaranty and a Grantor under the Security Agreement. 
 Accordingly, the Administrative Agent and the New Guarantor agree as follows: 
 1.
In accordance with Section 4.14 of the Guaranty, the New Guarantor by its signature below becomes a Guarantor under the Guaranty with the same force and effect as if originally 

  
 H-1









 
named as a Guarantor in the Guaranty, and the New Guarantor hereby (a) ratifies, as of the date hereof, and agrees to all the terms and provisions of the Guaranty applicable to it as a
Guarantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Guarantor thereunder are true and correct on and as of the date hereof. Each reference to a “Guarantor” in the Guaranty will
be deemed to include the New Guarantor. 
 2. In accordance with Section 9.13 of the Security Agreement, the New Guarantor
by its signature below becomes a Grantor under the Security Agreement with the same force and effect as if originally named therein as a Grantor, and the New Guarantor hereby (a) ratifies, as of the date hereof, and agrees to all the terms and
provisions of the Security Agreement applicable to it as a Grantor thereunder and (b) represents and warrants that the representations and warranties made by it as a Grantor thereunder are true and correct in all material respects on and as of
the date hereof. The Schedules to the Security Agreement are hereby supplemented by the Schedules attached hereto with respect to the New Guarantor. In furtherance of the foregoing, the New Guarantor, as security for the payment and performance in
full of the Secured Obligations (as defined in the Security Agreement), hereby grants to the Administrative Agent, for the ratable benefit of the Secured Creditors, a security interest in all of the New Guarantor’s right, title and interest in,
to and under the Collateral (as defined in the Security Agreement) of the New Guarantor. Each reference to a “Grantor” in the Security Agreement will be deemed to include the New Guarantor. 

3. If required, the New Guarantor is, simultaneously with the execution of this Agreement, executing and delivering such Security
Instruments (and such other documents and instruments) as requested by the Administrative Agent in accordance with the Credit Agreement. 
 4. The New Guarantor represents and warrants to the Administrative Agent that: 
 (a) an executed (or conformed) copy of each of the Loan Documents has been made available to a Responsible Officer of the New Guarantor and such Responsible Officer has a duty to and has read these
documents, and has full notice and knowledge of the terms, conditions and effects thereof. The New Guarantor has, independently and without reliance upon any Secured Creditor or any information received from the Secured Creditors, and based upon
such documents and information as the New Guarantor has deemed appropriate, made its own analysis of the transactions contemplated hereby and the Borrower, the Borrower’s business, assets, operations, prospects and condition, financial or
otherwise, and any circumstances which may bear upon such transactions, the Borrower or the obligations and risks undertaken herein with respect to the Indebtedness, and decision to enter into the Guaranty. The New Guarantor has received the advice
of its attorney in entering into the Guaranty and the other Loan Documents to which it is a party. The New Guarantor has not relied and will not rely upon any representations or warranties of the Administrative Agent not embodied in the Guaranty or
any acts heretofore or hereafter taken by the Administrative Agent (including but not limited to any review by the Administrative Agent of the affairs of Borrower). The New Guarantor has adequate means to obtain from the Borrower on a continuing
basis information concerning the financial condition and assets of the Borrower, and the New Guarantor is not relying upon any Secured Creditor to provide (and no Secured Creditor will have a duty to provide) any such information to any Guarantor
either now or in the future; and 

  
 H-2









 (b) the representations and warranties set forth in Article VII of the
Credit Agreement are incorporated herein by reference, the same as if stated verbatim herein as representations and warranties made by the New Guarantor, and the New Guarantor, jointly and severally represents and warrants that each of such
representations and warranties are true and correct (which representations and warranties shall be deemed to have been renewed at the time of each Loan under the Credit Agreement); provided that each reference in each such representation and
warranty to the Borrower’s knowledge shall, for the purposes of Section 4(b), be deemed to be a reference to such New Guarantor’s knowledge. 
 5. This Agreement may be executed in counterparts (and by different parties hereto on different counterparts), each of which will constitute an original, but all of which when taken together will
constitute a single contract. 
 6. Except as expressly supplemented by this Agreement, the Guaranty and the Security Agreement
remain in full force and effect. 
 7. THIS AGREEMENT IS GOVERNED BY, AND WILL BE CONSTRUED IN ACCORDANCE WITH, THE
LAWS OF THE STATE OF NEW YORK. 
 8. This Agreement is a Loan Document for all purposes of the Credit Agreement and the
other Loan Documents. 
 9. The New Guarantor agrees to execute, acknowledge, deliver, file and record such further
certificates, instruments and documents, and to do all other acts and things as may be requested by the Administrative Agent as necessary or advisable to carry out the intents and purposes of this Agreement, the Security Instruments and the Credit
Agreement. 
 10. All communications and notices to the New Guarantor under the Guaranty and the Security Agreement must be in
writing and given as provided in Section 4.1 of the Guaranty to the address for the New Guarantor set forth under its signature below. 
 11. The New Guarantor shall reimburse the Administrative Agent for its reasonable documented out of-pocket expenses in connection with this Agreement, including reasonable fees and documented expenses for
legal services. 

  
 H-3









 IN WITNESS WHEREOF, the New Guarantor and the Administrative Agent have duly executed
this Joinder Agreement as of the day and year first above written. 
  

			
	[NAME OF NEW GUARANTOR]
		
	By:	 	  

	Name:	 	  

	Title:	 	  

		
	Address:	 	  

	  

	  

	
	DEUTSCHE BANK AG NEW YORK BRANCH, as Administrative Agent
		
	By:	 	  

	Name:	 	  

	Title:	 	  

		
	By:	 	  

	Name:	 	  

	Title:	 	  




  
 H-4









 EXHIBIT I 
 FORM OF PERFECTION CERTIFICATE 
 [To be attached.] 

  
 I-1









 EXHIBIT J-1 
 FORM OF U.S. TAX COMPLIANCE CERTIFICATE 
 (For Foreign Lenders That Are Not
Partnerships For U.S. Federal Income Tax Purposes) 
 Reference is hereby made to the Credit Agreement dated as of July 31, 2013 (together
with all amendments, restatements, supplements or modifications thereto, the “Credit Agreement”), among Atlas Energy, L.P., as Borrower, Deutsche Bank AG New York Branch, as Administrative Agent, and the lenders (the
“Lenders”) from time to time party thereto. 
 Pursuant to the provisions of Section 5.03 of the Credit Agreement, the
undersigned hereby certifies that (i) it is the sole record and beneficial owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) it is not a bank within the meaning
of Section 881(c)(3)(A) of the Code, (iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (iv) it is not a controlled foreign corporation related to the Borrower as
described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the Administrative Agent and the Borrower with a
certificate of its non-U.S. Person status on IRS Form W-8BEN. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform the Borrower and the
Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the calendar year in which each payment is to be
made to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless otherwise defined herein, terms defined in
the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

	
	[NAME OF LENDER]
	
	By:
	Name:
	Title:
	
	Date:                  , 20[    ]


  
 J-1









 EXHIBIT J-2 
 FORM OF U.S. TAX COMPLIANCE CERTIFICATE 
 (For Foreign Participants That Are
Not Partnerships For U.S. Federal Income Tax Purposes) 
 Reference is hereby made to the Credit Agreement dated as of July 31, 2013
(together with all amendments, restatements, supplements or modifications thereto, the “Credit Agreement”), among Atlas Energy, L.P., as Borrower, Deutsche Bank AG New York Branch, as Administrative Agent, and the lenders (the
“Lenders”) from time to time party thereto. 
 Pursuant to the provisions of Section 5.03 of the Credit Agreement, the
undersigned hereby certifies that (i) it is the sole record and beneficial owner of the participation in respect of which it is providing this certificate, (ii) it is not a bank within the meaning of Section 881(c)(3)(A) of the Code,
(iii) it is not a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code, and (iv) it is not a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of
the Code. 
 The undersigned has furnished its participating Lender with a certificate of its non-U.S. Person status on IRS Form W-8BEN. By
executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall promptly so inform such Lender in writing, and (2) the undersigned shall have at all times furnished
such Lender with a properly completed and currently effective certificate in either the calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 

Unless otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement.

  

	
	[NAME OF PARTICIPANT]
	
	By:
	Name:
	Title:
	
	Date:                  , 20[    ]


  
 J-2









 EXHIBIT J-3 
 FORM OF U.S. TAX COMPLIANCE CERTIFICATE 
 (For Foreign Participants That Are
Partnerships For U.S. Federal Income Tax Purposes) 
 Reference is hereby made to the Credit Agreement dated as of July 31, 2013 (together
with all amendments, restatements, supplements or modifications thereto, the “Credit Agreement”), among Atlas Energy, L.P., as Borrower, Deutsche Bank AG New York Branch, as Administrative Agent, and the lenders (the
“Lenders”) from time to time party thereto. 
 Pursuant to the provisions of Section 5.03 of the Credit Agreement, the
undersigned hereby certifies that (i) it is the sole record owner of the participation in respect of which it is providing this certificate, (ii) its applicable partners/members are the sole beneficial owners of such participation,
(iii) with respect such participation, neither the undersigned nor any of its applicable partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of
Section 881(c)(3)(A) of the Code, (iv) none of its applicable partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its applicable partners/members is
a controlled foreign corporation related to the Borrower as described in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished
its participating Lender with IRS Form W-8IMY accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by
an IRS Form W-8BEN from each of such partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this
certificate changes, the undersigned shall promptly so inform such Lender and (2) the undersigned shall have at all times furnished such Lender with a properly completed and currently effective certificate in either the calendar year in which
each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless otherwise defined
herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

	
	[NAME OF PARTICIPANT]
	
	By:
	Name:
	Title:
	
	Date:                  , 20[    ]


  
 J-3









 EXHIBIT J-4 
 FORM OF U.S. TAX COMPLIANCE CERTIFICATE 
 (For Foreign Lenders That Are
Partnerships For U.S. Federal Income Tax Purposes) 
 Reference is hereby made to the Credit Agreement dated as of July 31, 2013 (together
with all amendments, restatements, supplements or modifications thereto, the “Credit Agreement”), among Atlas Energy, L.P., as Borrower, Deutsche Bank AG New York Branch, as Administrative Agent, and the lenders (the
“Lenders”) from time to time party thereto. 
 Pursuant to the provisions of Section 5.03 of the Credit Agreement, the
undersigned hereby certifies that (i) it is the sole record owner of the Loan(s) (as well as any Note(s) evidencing such Loan(s)) in respect of which it is providing this certificate, (ii) its applicable partners/members are the sole
beneficial owners of such Loan(s) (as well as any Note(s) evidencing such Loan(s)), (iii) with respect to the extension of credit pursuant to this Credit Agreement or any other Loan Document, neither the undersigned nor any of its applicable
partners/members is a bank extending credit pursuant to a loan agreement entered into in the ordinary course of its trade or business within the meaning of Section 881(c)(3)(A) of the Code, (iv) none of its direct or indirect
partners/members is a ten percent shareholder of the Borrower within the meaning of Section 871(h)(3)(B) of the Code and (v) none of its applicable partners/members is a controlled foreign corporation related to the Borrower as described
in Section 881(c)(3)(C) of the Code. 
 The undersigned has furnished the Administrative Agent and the Borrower with IRS Form W-8IMY
accompanied by one of the following forms from each of its partners/members that is claiming the portfolio interest exemption: (i) an IRS Form W-8BEN or (ii) an IRS Form W-8IMY accompanied by an IRS Form W-8BEN from each of such
partner’s/member’s beneficial owners that is claiming the portfolio interest exemption. By executing this certificate, the undersigned agrees that (1) if the information provided on this certificate changes, the undersigned shall
promptly so inform the Borrower and the Administrative Agent, and (2) the undersigned shall have at all times furnished the Borrower and the Administrative Agent with a properly completed and currently effective certificate in either the
calendar year in which each payment is to be made to the undersigned, or in either of the two calendar years preceding such payments. 
 Unless
otherwise defined herein, terms defined in the Credit Agreement and used herein shall have the meanings given to them in the Credit Agreement. 
  

	
	[NAME OF LENDER]
	
	By:
	Name:
	Title:
	
	Date:                  , 20[    ]


  
 J-4









 EXHIBIT K 
 FORM OF INTERCREDITOR AGREEMENT 
 [See attached] 

  
 K-1