AGREEMENT. THIS AGREEMENT CONSTITUTES THE ENTIRE AGREEMENT
AMONG THE PARTIES HERETO WITH RESPECT TO THE SUBJECT HEREOF AND SHALL SUPERSEDE
ANY PRIOR AGREEMENT AMONG THE PARTIES HERETO, WHETHER WRITTEN OR ORAL, RELATING
TO THE
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SUBJECT HEREOF. THIS AGREEMENT AND THE OTHER WRITTEN LOAN DOCUMENTS REPRESENT,
COLLECTIVELY, THE FINAL AGREEMENT AMONG THE PARTIES THERETO AND MAY NOT BE
CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL
AGREEMENTS OF SUCH PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG SUCH
PARTIES.
IN WITNESS WHEREOF, this Agreement is deemed executed effective as of the
date first above written and may be executed in multiple counterparts, each
deemed to be an original.
BORROWER:
PRIME OFFSHORE L.L.C.
By:
/s/ Jim R. Brock
Jim R. Brock
President and Chief
Financial Officer
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LENDER:
GUARANTY BANK, FSB , AS AGENT
By:
/s/ Kelly L. Elmore, III
Kelly L. Elmore, III
Senior
Vice President
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SUBORDINATED PARTY:
PRIMEENERGY CORPORATION
By:
/s/ Beverly A. Cummings
Beverly A. Cummings
Executive
Vice President,
Treasurer and Chief Financial Officer
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