Document:

Exhibit 10.1

 

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.  
Redacted portions are indicated with the notation “[***]”.

 

AMENDED AND RESTATED

JOINT VENTURE AGREEMENT

 

This Amended and Restated Joint Venture Agreement (the
“Agreement”), is made effective as of October 31, 2006 by and between State
Street Corporation (hereinafter called, “State Street”), a Massachusetts corporation with its principal
offices at State Street Financial Center, One Lincoln Street, Boston,
Massachusetts 02111 and DST Systems, Inc. (hereinafter called “DST”), a
Delaware corporation with its principal offices at 333 West 11th Street, 5th Floor,
Kansas City, Missouri 64105.

WHEREAS, State Street and DST are parties to an
Agreement dated as of July 1, 1974, as amended (the “Original Joint Venture
Agreement”).

WHEREAS, Boston Financial Data Services, Inc., a Massachusetts
corporation (“Boston Financial”), is the corporation formed and operating
pursuant to the Original Joint Venture Agreement and each of State Street and
DST owns 50% of the shares of Boston Financial’s common stock; and

WHEREAS, State Street and DST desire to amend and
restate the Original Joint Venture Agreement in order to update the
documentation to reflect their current agreement in certain areas.

NOW, THEREFORE, in consideration of the mutual
agreements herein contained, the parties hereby agree as follows:

Section 1.                                            Agreement
to Undertake Joint Business.

1.1.          State Street and DST have agreed, subject to the terms and
conditions contained herein, to join in the establishment and continuation of a
business engaged in mutual fund transfer agency, recordkeeping, shareholder
servicing, and related services, with the head office of such business located
in Quincy, Massachusetts.

 

Section 2.               Formation
of Boston Financial.

 

2.1.          Boston
Financial.  State Street formed
Boston Financial as a Massachusetts business corporation,
and Boston Financial is jointly owned by
State Street and DST and is and shall be the vehicle for conducting the joint business described herein.

2.2.          Business
Purpose of Boston Financial.  The
principal business purpose of Boston Financial
is to provide mutual fund transfer agency, shareholder record keeping
services and

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.  
Redacted portions are indicated with the notation “[***]”.

 

related data processing services to investment companies, banks, other
financial institutions and other business entities.

 

2.3.          Corporate
Actions.  State Street and DST each
warrants that it has taken such
corporate actions as are necessary to ratify and
authorize the execution of this Agreement, the formation of and investment in Boston Financial and to authorize
Boston Financial  to enter into any
and all agreements required or contemplated herein.

2.4.          Approval
of Regulatory Bodies.  Each party has
taken such actions and made such necessary applications in connection with this
Agreement and the establishment of Boston Financial under the Original Joint
Venture Agreement as required of it to ensure that any required approval was  obtained
from any state or federal regulatory or supervisory authority having
jurisdiction over each such party.

2.5.          Articles of Organization.  Boston Financial’s Articles of Organization,
as amended and restated, are on file with the Secretary of State of the
Commonwealth of Massachusetts and a copy of such Articles is attached hereto as
Exhibit 1.

2.6.          By-Laws.  Boston Financial’s By-Laws have been adopted,
and from time to time amended, by its Board of Directors and a copy of such
By-Laws is attached hereto as Exhibit 2.

2.7.          Distribution
of Shares.  State Street owns 1,000
shares of Boston Financial’s Class A Common
Stock and DST owns 1,000 shares of Boston Financial’s Class B Common Stock and the parties agree that
Boston Financial shall not issue any other capital stock or other securities
except as provided herein.

2.8.          Control.  Boston Financial is and shall continue to be
managed and controlled through a Board of Directors consisting of two classes,
designated as Class A Directors and Class B Directors, each class consisting of
five members.  Class A Directors shall be
elected by the holders of Class A Common Stock, and Class B Directors shall be elected by the holders of Class B Common
Stock.  Any action taken by said
Board of Directors shall require a majority vote which must include at least
one affirmative vote from each class of Directors.  The shareholders of each class shall be
entitled to remove any or all of those directors which it has elected, with or without
cause.  Any vacancy created by death,
resignation, removal or any other cause shall be filled by that class of stock
which elected the director who has vacated.   
The Board of Directors may appoint an Executive Committee consisting of
the President of Boston Financial (who shall have no vote with respect to
Executive Committee matters) and at least one Class A Director and one Class B
Director (the “Executive Committee”). 
The Executive Committee may exercise all powers delegated to it by the
Board of Directors except those which by law, by the articles of organization
or the by-laws may not be so delegated and any action taken by the Executive
Committee shall require a majority vote which must include at least one
affirmative vote from each class of Director.

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities Exchange
Act of 1934, as amended.   Redacted
portions are indicated with the notation “[***]”.

 

2.9.          Restrictive
Legend on Shares.  The transfer of all shares of capital stock of Boston Financial
shall be restricted in accordance with the provisions of Section 10 of
this Agreement, and all stock certificates representing shares of stock of
Boston Financial shall bear the following legend:

“The shares represented
by this certificate are subject to a restriction on transfer pursuant to the
articles of organization of the corporation and may not be transferred except
in compliance therewith.  The corporation
will furnish a copy thereof to the holder of
this certificate upon written request and without charge.”

Section 3.                                            Contributions
by State Street.

3.1.          Financial
Commitment.  State Street has
purchased 1,000 shares of Class A Common Stock of Boston Financial, $10 par
value, at a price of $250 per share or a total price of $250,000.  State Street agrees to purchase up to 1,000
additional shares of such stock at $250 per share if the Board of Directors of
Boston Financial should determine that Boston Financial needs additional
capital.  State Street shall be obligated
to purchase such additional shares of stock only if DST concurrently purchases
an equal number of shares of Class B Common Stock at a price of $250 per share.

3.2.          Service
Agreement.  State Street has caused
State Street Bank and Trust Company (hereinafter called the “Bank”) to enter a
Service Agreement with Boston Financial and Boston Financial and the Bank have
been performing and will continue to perform their respective obligations under
the Service Agreement, as amended (the “Service Agreement”), and a copy of the
Service Agreement is attached hereto as Exhibit 3.

Section 4.                                            Contributions
by DST.

4.1.          Financial
Commitment.  DST has  purchased 1,000 shares of Class B Common
Stock of Boston Financial, $10 par value, at a price of $250 per share or a
total price of $250,000.  DST agrees to
purchase up to 1,000 additional shares of such stock at $250 per share if the
Board of Directors of Boston Financial should determine that Boston Financial
needs additional capital.  DST shall be
obligated to purchase such additional shares of stock only if State Street
concurrently purchases an equal number of shares of Class A Common Stock at a
price of $250 per share.

4.2.        Data
Processing Support Agreement  DST and
Boston Financial have entered into, a Data Processing Support Agreement and
have been performing and will continue to perform their respective obligations
under the Data Processing Support Agreement, now in the form of the Amended and
Restated Data Processing Support Agreement attached hereto as Exhibit 4.

4.3.          Systems
and Training Support.  DST will make
available to Boston Financial, at a reasonable charge, its expertise in the
areas of data processing.  In addition,
DST will, upon the

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.  
Redacted portions are indicated with the notation “[***]”.

 

reasonable request of Boston Financial, actively assist Boston
Financial in machine and equipment layout and design and in the training and orientation
of Boston Financial’s employees.

 

Section 5.                                            General
Agreements.

5.1.          Obligations
as Joint Venturers.  Both State
Street and DST recognize and agree to fulfill their obligations as joint
venturers relative to the operation and support of Boston Financial; and each
party agrees to exercise the utmost good faith in its fulfillment of such
obligations.  Specific questions as to
any particular transaction may be resolved between the parties hereto and
written evidence of any agreement on such questions shall be presumptive
evidence of compliance with the obligations of one party to the other.

5.2.          Performance
by Boston Financial.  Periodic
reports of performance by Boston Financial relative to certain industry
standards will be provided to both DST and State Street.  Each party reserves the right to devote
additional resources to support the operation of Boston Financial when such
performance is consistently below standard for a period of 90 days.  All reasonable costs related to such
additional assistance shall be charged to Boston Financial if approved by
Boston Financial’s Board of Directors; otherwise such costs shall be borne by
the party devoting such additional resources.

Section 6.                                            Representations
and Warranties.

6.1.          Representations
and Warranties of State Street. 
State Street hereby represents and warrants that:

(a)           No Violation of Agreements.  To the best of State Street’s knowledge,
neither the execution and delivery of this Agreement by State Street or of the
Service Agreement by the Bank, nor the compliance with the provisions hereof or
thereof by State Street and the Bank, will violate any law or regulations, or
any order or decree of any court or governmental instrumentality, or will
conflict with, or result in a breach of, any indenture, mortgage, deed of
trust, agreement or other instrument to which State Street or the Bank is a
party or by which State Street or the Bank is bound, or violate any provision
of the Articles of Organization or By-Laws of State Street.

(b)           No Material Adverse Agreements.  State Street is not a party to any agreement
or instrument or subject to any corporate
restriction materially and adversely affecting its operations, business,
properties or financial condition.

(c)           No
Litigation.  Unless otherwise
disclosed in writing to DST by State Street in connection with this Agreement,
there are no actions, suits or proceedings pending, or to the best of State
Street’s knowledge threatened, which question the validity of this Agreement or
the Service Agreement or which might result
in any material adverse change in the business, operations, affairs,
properties or assets or in the condition, financial or otherwise, of State
Street or which affect State Street’s ability to fulfill its obligations
contemplated hereby or thereby or which in any way impair the right

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.  
Redacted portions are indicated with the notation “[***]”.

 

of State
Street or the Bank to perform as contemplated
in this  Agreement or the Service
Agreement.

(d)           Governmental Action.  Except as provided in this Agreement, to the
best of State Street’s knowledge, no consent, approval or authorization of or
declaration or filing with, any governmental or public body or authority is
required to authorize the execution, delivery and performance by State Street
of this Agreement or by the Bank of the Service Agreement or the consummation
by State Street of any other transaction contemplated hereby or thereby that
has not already been obtained in connection with the Original Joint Venture
Agreement.

6.2.          Representations
and Warranties of DST.  DST hereby
represents and warrants that:

(a)           No Violation of Agreements.  To the best of DST’s knowledge, neither the
execution and delivery of this Agreement or the Amended and Restated Data
Processing Support Agreement by DST, nor the compliance with the provisions
hereof or thereof by DST will violate any law or regulations, or any order or
decree of any court or government instrumentality or will conflict with, or
result in a breach of, any indenture, mortgage, deed of trust, agreement or
other instrument to which DST is a party or by which DST is bound, or violate
any provision of the Certificate of Incorporation or By-Laws of DST.

(b)           No Material Adverse Agreements.  DST is not a party to any agreement or
instrument or subject to any corporate
restriction materially and adversely affecting its operations, business,
properties or financial condition.

(c)           No
Litigation.  Unless otherwise
disclosed in writing to State Street by DST in connection with this Agreement,
there are no actions, suits or proceedings pending, or to the best of DST’s
knowledge threatened, which question the validity of this Agreement or the
Amended and Restated Data Processing Support Agreement or which might result in
any material adverse change in the business, operations, affairs, properties or
assets or in the condition, financial or otherwise, of DST or which affect
DST’s ability to fulfill its obligations contemplated hereby or thereby or
which in any way impair the right of DST to perform as contemplated in this
Agreement or the Amended and Restated Data Processing Support Agreement.

(d)           Governmental Action. Except as
provided in this Agreement, to the best of DST’s knowledge, no consent,
approval or authorization of or declaration or filing with, any governmental or
public body or authority is required to authorize the execution, delivery and
performance by DST of this Agreement or the Amended and Restated Data
Processing Support Agreement, or the consummation by DST of any other
transaction contemplated hereby or thereby that has not already been obtained
in connection with the Original Joint Venture Agreement.

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.  
Redacted portions are indicated with the notation “[***]”.

 

Section 7.                                            Arms
Length Dealing.

7.1.          General.  Neither DST, State Street nor any of their
respective affiliates will, directly or indirectly, enter into any transaction
with Boston Financial which is not as favorable to Boston Financial as a
similar transaction would have been with a non-affiliated person, unless
specifically authorized by the Board of Directors of Boston Financial.

7.2.          Fees under the Amended and Restated Data Processing
Support Agreement.

(a)           DST will charge Boston Financial fees and other charges
under the Amended and Restated Data Processing Support Agreement and related
agreements in such amounts and for such terms as DST and Boston Financial shall
from time to time agree.  [***]

(b)           If State Street acquires all of DST’s
ownership interest in Boston Financial pursuant to Section 10.1 hereof or
pursuant to the First Refusal Agreement referred to in Section 10.2 hereof, and
so long as State Street and/or its affiliates own all of the capital stock of
and other ownership interests in Boston Financial, DST agrees, that, if
requested by State Street, the Amended and Restated Data Processing Support
Agreement shall be extended for 120 months (or such lesser term as State Street
shall designate at the time it acquires such ownership of Boston Financial)
(the “Extended Term”) [***].  If, during the Extended Term, State Street
desires to remove active accounts from the DST System (as defined in the
Amended and Restated Data Processing Support Agreement) and State Street or
Boston Financial intend to continue to service such accounts using other
software systems not provided by DST, State Street may do so from time to time
only by giving DST at least 24 months notice of any such removal stating with
specificity the State Street or Boston Financial client for which accounts will
be removed and the approximate number of account to be removed.

(c)           DST’s [***] out of pocket expenses shall be set
forth on an exhibit to the Amended and Restated Data Support Agreement, which
exhibit may be amended from time to time by mutual agreement of the
parties.  [***]

7.3.          Other
Business Commitments.

(a)           Excluding existing relationships with
its clients and except as otherwise provided in Section 7.3(c), DST agrees that
it shall not, without the approval of the Executive Committee (as outlined in
7.3(c) below), provide use of DST’s TA 2000 System TM  if
the effect of such action is to place the acquirer of such service and/or
system into competition with Boston Financial or its wholly owned subsidiary,
National Financial Data Services, Inc. (“NFDS”), in the business of providing
mutual fund transfer agency, recordkeeping, shareholder and related services.

(b)           Excluding
existing relationships with its clients, State Street agrees that
neither it nor the Bank shall, without the approval of the Executive Committee
(as outlined in 7.3(c) below), engage in any business (directly or through
partnerships joint

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.   Redacted
portions are indicated with the notation “[***]”.

 

ventures or
other contractual arrangements) in the United States which would cause any of
them to directly compete with Boston Financial or NFDS in the business of
providing mutual fund transfer agency, recordkeeping, shareholder and related
services.

(c)           It is the intention of the parties
whenever possible to direct all opportunities to provide full service transfer
agency, recordkeeping and shareholder services (“full service”) to Boston
Financial and DST agrees not to expand its full service business in a manner to
compete directly with Boston Financial. 
Notwithstanding the provisions of 7.3:

(i)                                     In
the event a client of Boston Financial asks DST to quote remote user or full
service fees, DST shall secure approval of the Executive Committee prior to
making the quote for such services.

(ii)                                  In
the event a third party, which is neither an existing client of Boston
Financial nor an existing client of DST, asks DST to quote full service fees,
DST shall secure approval of the Executive Committee prior to making the quote
for such services.

(iii)                               In
the event a third party asks State Street to provide full service transfer
agency, recordkeeping and shareholder services, State Street shall secure
approval of the Executive Committee prior to making the quote for such
services.

(iv)                              In
the event a remote service client of DST asks DST to quote full service fees,
DST agrees to discuss the opportunity with Boston Financial and whenever
reasonably possible to direct such client’s full service work to Boston
Financial.

Whenever Executive
Committee approval is required under this Section 7.3 for DST or State Street
to provide services to a third party, and such approval is obtained, DST and
State Street agree that, wherever reasonably possible and to the extent
permitted by the client to delegate the performance of such services to Boston
Financial.

DST and State Street
shall not be required to obtain Executive Committee approval with respect to
providing any such quotes or services which DST or State Street has offered or
referred to Boston Financial and which Boston Financial has declined to accept.

(d)           DST agrees to cooperate with Boston
Financial on any bids Boston Financial makes for any potential full-service
clients, including considering in good faith any client specific concessions
proposed by Boston Financial with respect to Boston Financial or DST
Systems-related fees.

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.  
Redacted portions are indicated with the notation “[***]”.

 

(e)           All services provided to Boston
Financial by DST and State Street and their respective affiliates and agents
shall be at least equal in quality and response time to similar services
provided by them to any other client. 
DST hereby agrees to make accurate and complete books and records
relating to services, fees and levels of quality with respect to Boston
Financial available for inspection by State Street and its accountants, at
State Street’s expense, upon not less than five business days’ prior notice to
DST during DST’s normal business hours, at the place where such books and
records are regularly maintained.  State
Street hereby agrees that it shall cause the Bank to make accurate and complete
books and records relating to services, fees and levels of quality with respect
to Boston Financial available for inspection by DST and its accountants, at DST’s
expense, upon not less than five business days’ prior notice to State Street
during State Street’s normal business hours, at the place where such books and
records are regularly maintained.

7.4.          Support
Services to NFDS.  Any DST support
services provided to NFDS (e.g. human resources, payroll, facilities) will be
provided on a direct cost basis subject to mutual agreement among the parties.

7.5.          Services
by the Bank.  State Street agrees
that any fees and charges (including interest) it or its affiliated bank
charges Boston Financial shall be [***]

7.6.          Services
by DST Output, Inc.  The terms and
conditions under which DST’s subsidiary, DST Output, Inc. (“DSTO”) or its
affiliates, may provide certain print/mail services to Boston Financial or to
certain Boston Financial clients and the fees with respect thereto currently
are set forth in the Service Agreement between DSTO and Boston Financial dated
as of March 24, 2005, as amended.

7.7                
    [***] and [***] Expenses.  Boston Financial shall bear the [***] of [***]
services provided to Boston Financial by State Street or its
affiliates including without limitation [***],
[***], and other expenses [***]
to and/or [***] by such [***] personnel performing services for
Boston Financial (excluding [***]
charges of the bank).  In addition,
Boston Financial shall pay all fees and expenses of [***] (and the Bank’s [***]
expenses in connection therewith).  State Street or its affiliates shall also make
available to Boston Financial the full extent of its expertise and experience
in the area of [***].  State
Street agrees to use its best efforts, skill and knowledge to advance Boston
Financial’s interests in performing such services.  Boston Financial shall bear [***] of the costs of such [***]  services provided by State Street with the [***] of such costs to be borne by State
Street.  [***] services shall be
priced at State Street’s [***],
including [***], [***] and necessary [***] and [***]
expenses (but not including any [***] costs of State Street).  State Street or the Bank, as the case may be,
shall have the right to set off the portion of the [***] costs
payable by Boston Financial hereunder against any fees payable by the Bank or
State Street to Boston Financial.  All
such costs and expenses shall be [***]
and documented.

 

Portions of this document have
been redacted pursuant to a Request for Confidential Treatment filed with the
Securities and Exchange Commission pursuant to Rule 24b-2 under the Securities
Exchange Act of 1934, as amended.  
Redacted portions are indicated with the notation “[***]”.

 

Section 8.               Books,
Records and Audits.  State Street and
DST agree that Boston Financial will keep books and records with respect to its
operation in accordance with good business practice and generally accepted
accounting principles; and so long as State Street or DST retain ownership,
they shall cause Boston Financial to cooperate with their respective internal
and independent auditors and will permit any such auditors reasonable access,
during normal business hours, to the business, records and personnel of Boston
Financial.  In addition, Boston Financial
shall cooperate fully with all regulatory agencies in their examinations.

 

Section 9.               Amendment.  This Agreement may be amended in whole
or in part by mutual written agreement of State Street and DST.

 

Section 10.                                      Termination
and Sale of Interest by Either Party.

10.1.        Put
and Call Option.  If either State
Street or DST desires to terminate this Agreement and the related arrangement
for ownership of Boston Financial it shall have the following option:

(a)           To establish a price payable in cash
or a promise to pay cash (the “offering price”) for 50% of the then outstanding
shares of stock of Boston Financial.

(b)           To submit to the other party in
writing an offer to sell all shares of capital stock of Boston Financial then
owned by it or to purchase all shares of capital stock of Boston Financial then
owned by the other party at the offering price.

(c)           The party receiving such an offer
shall have 90 days from the receipt of the offer either to accept the offer to
purchase or to elect to purchase at the offering price the offering party’s
capital stock of Boston Financial.

(d)           Should the party receiving the offer
specified in Section 10.1(b) elect to purchase the offerer’s stock at the
offering price, the offerer shall be bound by such election and must sell to
the receiving party at such price.

(e)           In the event the party receiving the
offer described in Section 10.1(b) fails to respond as provided in Section
10.1(c), such party shall be deemed to have accepted the other party’s offer to
purchase on the 90th day following receipt of the offer to purchase.

(f)            The offer described in Section
10.1(b) may be withdrawn only by agreement of DST and State Street.

(g)           Within 30 days after the acceptance
of the offer to purchase or the election to purchase, the selling party shall
tender certificates for all of its capital stock of Boston Financial to the
purchasing party, duly endorsed in proper form for transfer and free and clear
of all liens and encumbrances and the purchasing party shall deliver to the
selling party the offering price (as described in the offer) in exchange for
such certificates.

10.2.        First
Refusal.  In addition to the rights
and obligations set forth in Section 10.1, State Street and DST each may only
sell or otherwise dispose of the capital stock in Boston Financial owned by it
pursuant to the First Refusal Agreement attached hereto as Exhibit 5.

10.3.        Survival
of Agreements.  The Service Agreement
and the Amended and Restated Data Processing Support Agreement both shall
survive and exist independent of any termination of this Agreement or exercise
of any right contained in this Section 10.

Section 11.                                      Miscellaneous.

11.1.        Survival
of Representations and Warranties. 
All representations and warranties made herein shall survive the
execution of this Agreement and for a period of four years but not there after,
and shall bind and inure to the benefit of the successors and assigns of the
parties hereto whether so expressed or not.

11.2.        Successors
and Assigns.  All terms and
provisions of this Agreement shall be binding upon and inure to the benefit of
and be enforceable by, the parties hereto, and their respective successors and
assigns; provided, however, that this Agreement may not be assigned by either
party to any other person without prior written consent of the other party
hereto.

11.3.        Specific
Performance.  It is recognized by the
parties hereto that the benefits and other rights granted hereunder are unique
and loss thereof may not be fully compensated by money damages. Therefore, the
parties agree that either party shall have the right, in addition to all other
rights and remedies available to it, to a decree for specific performance to
secure compliance with the provisions of this Agreement, the Amended and
Restated Data Processing Support Agreement, or the Service Agreement.

11.4.        Brokerage
and Finders’ Fees.  State Street and
DST represent and warrant that there are no claims for brokerage commissions or
finders’ fees in connection with the transactions contemplated by this
Agreement.  Insofar as any such claims
may be alleged to be based on arrangements or agreements made by, or on behalf
of, a party, such party agrees to indemnify and hold the other parties harmless
from and against all liability, loss, cost, damage or expense, including reasonable
counsel fees, arising therefrom.

11.5.        Indemnification;
Consequential Damages.  Each party
will defend, indemnify and hold harmless the other party against all claims,
demands, causes of action, actions, suits, proceedings, judgments, decrees,
debts, liabilities, costs, legal fees and expenses of every kind whatsoever
which may (except as herein otherwise provided) arise out of breach by such
party of any representation, warranty or agreement to the other party herein
contained.  In no event shall either party be liable to the other party or to any
third party for any indirect, punitive, incidental, special or consequential
damages (including but not limited to such damages arising from breach of
contract or warranty or from negligence or strict liability), in connection
with this Amended and Restated Joint Venture Agreement, even if such party has
been advised of the possibility of such damages and regardless of the legal or
equitable theory (contract, tort or otherwise) upon which the claim is based.

11.6.        Notices.  All
communications and notices provided for herein shall be in writing, and shall
be deemed to have been duly given if delivered personally, or if sent by
registered or certified mail, postage prepaid, addressed:

If to State Street:

Secretary

State Street Corporation

State Street Financial Center

One Lincoln Street

Boston, Massachusetts 
02111

 

If to
DST:

President

DST Systems, Inc.

333 W. 11th Street

Kansas City, Missouri 
64105

 

or to
the attention of such other person at such other addresses as may have been
furnished by any party to the other parties in writing. Such notices shall be
effective on the date delivered if delivered personally or on the day after
mailing if mailed.

11.7.        Entire
Agreement.  The parties agree that
this Agreement and the Exhibits attached hereto supercede the Original Joint
Venture Agreement, the exhibits attached thereto and all amendments thereof
prior to the date of this Agreement.  The
parties agree that none of them has made any representation, warranty, covenant
or agreement (oral or otherwise) not set forth herein, in the Amended and
Restated Data Processing Support Agreement, or the Service Agreement or the
instruments and documents contemplated hereby and thereby, and that such
agreements, instruments and documents constitute the entire agreement between
the parties.

11.8.        Rights
Not Exclusive.  No right or remedy
under this Agreement, the Amended and Restated Data Processing Support
Agreement or the Service Agreement is intended to be exclusive of any other
right or remedy (unless expressly so provided herein or therein), and each and
every right and remedy shall be cumulative and in addition to any other right
or remedy given hereunder or thereunder, or now or hereafter legally existing.

11.9.        Waiver.  No waiver shall be deemed to have been made
by any party hereto of any of its rights hereunder unless the same shall be in
writing.

11.10.      Law
Governing.  This Agreement is
intended to be performed in accordance with the laws of The Commonwealth of
Massachusetts and shall be construed governed and enforced in accordance
therewith.

11.11.      Headings.  The headings in this Agreement are for
purposes of reference only and shall not limit or otherwise affect the meaning
hereof or in any way be deemed to constitute a part hereof.

11.12.      Counterparts.  This Agreement may be executed in one or more
counterparts, each of which shall be deemed an original, but all of which
together shall constitute one instrument.

11.13.      Affiliate.  For purposes of this Agreement, “Affiliate”
shall mean the parent of either party (a corporation or other business entity
owning 51% or more of the capital of such party) and any Subsidiary of such
party or of such party’s parent.  “Subsidiary”
shall mean a corporation or other entity, fifty-one percent (51%) or more of
the capital stock (or similar equity interest) of which is owned by a party or
a Subsidiary of a party.

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

	
  

  	
  STATE STREET CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ James S. Phalen

  
	
   

  	
   

  	
    James S. Phalen

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  DST SYSTEMS, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Thomas A. McDonnell

  
	
   

  	
   

  	
    Thomas A. McDonnell

  

 

Boston Financial Data
Services, Inc. hereby agrees to execute and perform the agreements referred to
in the foregoing Agreement to which it is a named party and to the restrictions
on its capital stock as set forth in Section 2.9 and in Section 10 of the
foregoing Agreement.

	
  

  	
  BOSTON FINANCIAL DATA SERVICES, INC.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
    /s/ Stephen C. Hooley

  
	
   

  	
   

  	
    Stephen C. HooleyExhibit 10.1

THIRD AMENDMENT TO THE

AMENDED AND RESTATED COMBINED CREDIT AGREEMENTS

THIS THIRD AMENDMENT TO THE AMENDED AND RESTATED
COMBINED CREDIT AGREEMENTS, dated as of November 3, 2006 but effective as of
October 31, 2006 (the “Amendment”),
among FOREST OIL CORPORATION, a New York
corporation (the “U.S. Borrower”), CANADIAN FOREST OIL LTD. and each other subsidiary of
Canadian Forest which becomes a “Borrower” (as defined in the Canadian Credit
Agreement) under the Canadian Credit Agreement (the “Canadian
Borrowers”), each of the lenders that is a signatory to, or which
becomes a signatory to, the U.S. Credit Agreement (together with its successors
and assigns, the “U.S. Lenders”), each
of the lenders that is a signatory to, or which becomes a signatory to, the
Canadian Credit Agreement (together with its successors and assigns, the “Canadian Lenders”, and together with the U.S.
Lenders, the “Combined Lenders”), BANK OF AMERICA, N.A. and CITIBANK,
N.A., as Co-Global Syndication Agents, BNP PARIBAS
and HARRIS NESBITT FINANCING, INC., as
Co-U.S. Documentation Agents, BANK OF MONTREAL
and THE TORONTO-DOMINION BANK, as
Co-Canadian Documentation Agents, JPMORGAN CHASE BANK, N.A.,
TORONTO BRANCH, formerly known as JPMorgan Chase Bank, Toronto
Branch, as Canadian Administrative Agent and JPMORGAN
CHASE BANK, N.A., formerly
known as JPMorgan Chase Bank, as Global Administrative Agent (in such capacity,
together with its successors in such capacity, the “Global
Administrative Agent”).

WITNESSETH:

1.             The
U.S. Borrower, Global Administrative Agent, the Co-Global Syndication Agents,
the Co-U.S. Documentation Agents, and the U.S. Lenders are parties to that
certain Amended and Restated Credit Agreement, dated as of September 28, 2004,
as amended by (i) that certain First Amendment to the U.S. Credit
Agreement dated as of October 16, 2005 and (ii) that certain Second
Amendment to the Amended and Restated Combined Credit Agreements dated as of
December 21, 2005 (as previously amended, the “U.S.
Credit Agreement”), pursuant to which the U.S. Lenders agreed to
make loans to and extensions of credit on behalf of the U.S. Borrower.

2.             The
Canadian Borrowers, Global Administrative Agent, the Canadian Administrative
Agent, the Co-Global Syndication Agents, the Co-Canadian Documentation Agents,
and the Canadian Lenders are parties to that certain Amended and Restated
Credit Agreement, dated as of September 28, 2004, as amended by that certain
Second Amendment to the Amended and Restated Combined Credit Agreements dated
as of December 21, 2005 (as previously amended, the “Canadian
Credit Agreement”, and together with the U.S. Credit Agreement, the “Combined Credit Agreements”), pursuant to
which the Canadian Lenders agreed to make loans to and extensions of credit on
behalf of the Canadian Borrowers.

3.             The
parties to the Combined Credit Agreements intend to amend the Combined Credit
Agreements as follows:

NOW, THEREFORE, in consideration of the premises and
the mutual covenants herein contained, the parties hereto agree as follows:

 

I.              Amendments to
U.S. Credit Agreement.

A.            Section 1.1 of the U.S. Credit Agreement hereby is
amended by inserting the following definitions of “Alaska Assets”, “Forest
Holdco” and “Forest Opco” in appropriate alphabetical order:

“              “Alaska Assets”
means the Oil and Gas Properties located in the State of Alaska or in the U.S.
Federal waters adjacent to the State of Alaska and associated property which
are described in Schedule 7.4(h).”

“              “Forest Holdco”
means Forest Alaska Holding LLC, a Delaware limited liability company.”

“              “Forest Opco”
means Forest Alaska Operating LLC, a Delaware limited liability company.”

B.            Section 7.4(h) of the U.S. Credit Agreement is
hereby amended through the addition of a new sentence at the end of Section
7.4(h) to read as follows:

“Notwithstanding the
foregoing, Borrower shall be permitted at any time prior to December 31, 2006
to (1) transfer the Alaska Assets to Forest Holdco or to Forest Opco, if Forest
Holdco and Forest Opco as of the time of such transfer are Unrestricted Subsidiaries
or (2) redesignate Forest Holdco and Forest Opco as Unrestricted
Subsidiaries; provided that no portion of such transfer shall reduce or
increase the amount of the Investment basket available to the Borrower pursuant
to the calculation set forth in Section 7.4(h)(ii).”

C.            Section 7.5(f) of the U.S. Credit Agreement is
hereby amended through the insertion of the following text in the last line of
such Section between the words “Mariner Energy, Inc.;” and the word “and”:

“; and provided  further
that, the foregoing restriction shall not apply to the transfer at any time
prior to December 31, 2006 by Borrower of the Alaska Assets to Forest Holdco or
Forest Opco or the designation at any time prior to December 31, 2006 of
Forest Holdco and Forest Opco as Unrestricted Subsidiaries”.

D.            Section 7.5(g) of the U.S. Credit Agreement is
hereby amended through the addition of the following sentence at the end of
such Section:

“The foregoing restriction shall not apply to the transfer at any time
prior to December 31, 2006 by Borrower of the Alaska Assets to Forest
Holdco or Forest Opco or the designation at any time prior to December 31, 2006
of Forest Holdco and Forest Opco as Unrestricted Subsidiaries.”

 2
 

 

E.             Section 7.8(b)(3) of the
U.S. Credit Agreement is hereby amended to read as follows:

“(3) 50% of the net cash
proceeds received by Borrower from any sale of Equity Interests after October
1, 2000; provided, however, that this calculation shall not
include any proceeds relating to the sale of Equity Interests in FERI (as
defined below), Forest Holdco or Forest Opco.”

F.             The U.S. Credit Agreement hereby is amended by inserting
Schedule 7.4(h) to this Amendment as Schedule 7.4(h) to the U.S.
Credit Agreement following Schedule 7.4 to the U.S. Credit Agreement.

II.            Effectiveness.  This Amendment shall become effective as of October
31, 2006 when the Global Administrative Agent shall have received counterparts
hereof duly executed by the U.S. Borrower, the Global Administrative Agent, the
Canadian Administrative Agent, and all of the Majority Lenders (or, in the case
of any party as to which an executed counterpart shall not have been received,
telegraphic, telex, or other written confirmation from such party of execution
of a counterpart hereof by such party).

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

A.            The representations and warranties of each Loan Party (as
such term is defined in the U.S. Credit Agreement and the Canadian Credit
Agreement, collectively, the “Combined Loan Parties”) set forth in the Combined
Loan Documents to which it is a party are true and correct on and as of the
date hereof (or, if stated to have been made expressly as of an earlier date,
were true and correct in all material respects as of such date).

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

C.            The execution, delivery and performance by U.S. Borrower and
the Canadian Borrowers of this Amendment are within U.S. Borrower’s and the
Canadian Borrowers’ corporate powers, and have been duly authorized by all
necessary corporate action.  This
Amendment has been duly executed and delivered by U.S. Borrower and the Canadian
Borrowers and, when duly executed and delivered by the other parties hereto,
will constitute, a legal, valid and binding obligation of U.S. Borrower and the
Canadian Borrowers, enforceable in accordance with its terms, subject to
applicable bankruptcy, insolvency, reorganization, moratorium or other laws
affecting creditors’ rights generally and subject to general principles of
equity, regardless of whether considered in a proceeding in equity or at law.

D.            The execution, delivery and performance by the U.S.
Borrower and the Canadian Borrowers of this Amendment (i) do not require
any Governmental Approval or third party

 3
 

 

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

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

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

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

V.            Reaffirmation of Combined Credit
Agreements. 
This Amendment shall be deemed to be an amendment to the Combined Credit
Agreements, and the Combined Credit Agreements, as amended hereby, are hereby
ratified, approved and confirmed in each and every respect.  All references to the Combined Credit
Agreements herein and in any other document, instrument, agreement or writing
shall hereafter be deemed to refer to the Combined Credit Agreements as amended
hereby.

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

VII.         Severability of Provisions.
Any provision of this Amendment held to be invalid, illegal or unenforceable in
any jurisdiction shall, as to such jurisdiction, be ineffective to the extent
of such invalidity, illegality or unenforceability without affecting the
validity, legality and enforceability of the remaining provisions hereof; and
the invalidity of a particular provision in a particular jurisdiction shall not
invalidate such provision in any other jurisdiction.

VIII.        Counterparts.
This Amendment may be executed in counterparts (and by different parties hereto
on different counterparts), each of which shall constitute an original, but all
of which when taken together shall constitute a single contract.  Delivery of an executed counterpart of a
signature page of this Amendment by telecopy shall be effective as delivery of
a manually executed counterpart of this Amendment.

IX.           Headings.  Article and section headings used herein are
for convenience of reference only, are not part of this Amendment and shall not
affect the construction of, or be taken into consideration in interpreting,
this Amendment.

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

 4
 

 

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

THERE
ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

[SIGNATURES
BEGIN ON FOLLOWING PAGE]

 5

 

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

	
  

  	
  U.S. BORROWER

  
	
   

  	
   

  
	
   

  	
  FOREST OIL CORPORATION

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ DAVID H. KEYTE

  	
   

  
	
   

  	
  Name:

  	
  David H. Keyte

  
	
   

  	
  Title:

  	
  Executive Vice President &

  
	
   

  	
   

  	
  Chief Financial Officer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  CANADIAN
  BORROWER

  
	
   

  	
   

  
	
   

  	
  CANADIAN FOREST OIL LTD.

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JAMES R. GOOD

  	
   

  
	
   

  	
  Name:

  	
  James R. Good

  
	
   

  	
  Title:

  	
  President

  
					

 

[Signature Page to Forest Oil

Corporation Third Amendment]

 1
 

 

 

	
  

  	
  AGENTS
  AND COMBINED LENDERS

  
	
   

  	
   

  
	
   

  	
  JPMORGAN CHASE BANK, N.A., formerly

  known as JPMorgan Chase Bank, as Global

  Administrative Agent and as a U.S. Lender

  
	
   

  	
   

  
	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ J. SCOTT FOWLER

  	
   

  
	
   

  	
  Name:

  	
  J. Scott Fowler

  
	
   

  	
  Title:

  	
  Senior Vice President

  
					

 

 2
 

 

 

	
  

  	
  BANK
  OF AMERICA, N.A., as a Co-Global

  Syndication Agent and as a U.S. Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ RONALD E. MCKAIG

  	
   

  
	
   

  	
  Name:

  	
  Ronald E. McKaig

  
	
   

  	
  Title:

  	
  Senior Vice President

  
					

 

 3
 

 

 

	
  

  	
  CITIBANK,
  N.A., as a Co-Global Syndication

  Agent and as a U.S. Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ TODD J. MOGIL

  	
   

  
	
   

  	
  Name:

  	
  Todd J. Mogil

  
	
   

  	
  Title:

  	
  Attorney-in-Fact

  
					

 

 4
 

 

 

	
  

  	
  BNP
  PARIBAS, as a Co-U.S. Documentation

  Agent and as a U.S. Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ BETSY JOCHER

  	
   

  
	
   

  	
  Name:

  	
  Betsy Jocher

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ ROBERT LONG

  	
   

  
	
   

  	
  Name:

  	
  Robert Long

  
	
   

  	
  Title:

  	
  Vice President

  
							

 

 5
 

 

 

	
  

  	
  BMO
  CAPITAL MARKETS FINANCING,

  INC. (f/k/a HARRIS NESBITT FINANCING, 

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

  a U.S. Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JAMES V. DUCOTE

  	
   

  
	
   

  	
  Name:

  	
  James V. Ducote

  
	
   

  	
  Title:

  	
  Vice President

  
					

 

 6
 

 

 

	
  

  	
  CREDIT
  SUISSE, CAYMAN ISLANDS

  BRANCH (fka CREDIIT SUISSE FIRST

  BOSTON, acting through its
  Cayman Islands

  branch), as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ VANESSA GOMEZ

  	
   

  
	
   

  	
  Name:

  	
  Vanessa Gomez

  
	
   

  	
  Title:

  	
  Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ LAURENCE LAPEYRE

  	
   

  
	
   

  	
  Name:

  	
  Laurence Lapeyre

  
	
   

  	
  Title:

  	
  Associate

  
							

 7
 

 

 

	
  

  	
  U.S. BANK NATIONAL ASSOCIATION, as a

  Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ D. MAHONEY

  	
   

  
	
   

  	
  Name:

  	
  Daria Mahoney

  
	
   

  	
  Title:

  	
  Vice President

  
					

 

 8
 

 

 

	
  

  	
  THE BANK OF NOVA SCOTIA, as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ N. BELL

  	
   

  
	
   

  	
  Name:

  	
  Nadine Bell

  
	
   

  	
  Title:

  	
  Senior Manager

  
					

 

 9
 

 

 

	
  

  	
  FORTIS CAPITAL CORP., as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ DAVID MONTGOMERY

  	
   

  
	
   

  	
  Name:

  	
  David Montgomery

  
	
   

  	
  Title:

  	
  Senior Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ D. HOLLEY

  	
   

  
	
   

  	
  Name:

  	
  Darrell Holley

  
	
   

  	
  Title:

  	
  Managing Director

  
							

 

 10
 

 

 

	
  

  	
  DEUTSCHE BANK TRUST COMPANY

  AMERICAS, as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ SUSAN LEFEVRE

  	
   

  
	
   

  	
  Name:

  	
  Susan LeFevre

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ OMAYRA LAUCELLA

  	
   

  
	
   

  	
  Name:

  	
  Omayra Laucella

  
	
   

  	
  Title:

  	
  Vice President

  
						

 

 11
 

 

 

	
  

  	
  BANK
  OF SCOTLAND, as a Lender

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
   

  	
   

  
	
   

  	
  Name:

  	
   

  
	
   

  	
  Title:

  	
   

  
					

 

 12
 

 

 

	
  

  	
  ABN AMRO BANK N.V., as a Lender

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ J. REED

  	
   

  
	
   

  	
  Name:

  	
  John D. Reed

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ TODD D. VAUBEL

  	
   

  
	
   

  	
  Name:

  	
  Todd D. Vaubel

  
	
   

  	
  Title:

  	
  Assistant Vice President

  
						

 

 13
 

 

 

	
  

  	
  UBS LOAN FINANCE LLC, as a Lender

  
	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ R.L. TAVROW

  	
   

  
	
   

  	
  Name:

  	
  Richard L. Tavrow

  
	
   

  	
  Title:

  	
  Director

  
	
   

  	
   

  	
  Banking Products Services, US

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ IRJA R. OTSA

  	
   

  
	
   

  	
  Name:

  	
  Irja R. Otsa

  
	
   

  	
  Title:

  	
  Associate Director

  
	
   

  	
   

  	
  Banking Products Services, US

  
							

 

 14
 

 

 

	
  

  	
  TORONTO DOMINION (TEXAS) LLC

  (as successor in interest to Toronto Dominion

  (Texas), Inc.),
  as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ D. BRITO

  	
   

  
	
   

  	
  Name:

  	
  Debbi L. Brito

  
	
   

  	
  Title:

  	
  Authorized Signatory

  
					

 

 15
 

 

 

	
  

  	
  COMPASS BANK, as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ PATRICK M. MCWILLIAMS

  	
   

  
	
   

  	
  Name:

  	
  Patrick M. McWilliams

  
	
   

  	
  Title:

  	
  Vice President

  
					

 

 16
 

 

 

	
  

  	
  CAPITAL ONE, N.A. (Formerly HIBERNIA

  NATIONAL BANK), as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ NANCY G. MORAGAS

  	
   

  
	
   

  	
  Name:

  	
  Nancy G. Moragas

  
	
   

  	
  Title:

  	
  Sr. Vice President

  
					

 

 17
 

 

 

	
  

  	
  JPMORGAN
  CHASE BANK, N.A.,

  TORONTO BRANCH, formerly known as
 JPMorgan Chase Bank, Toronto Branch,
  as

  Canadian Administrative Agent and as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ J. FOWLER

  	
   

  
	
   

  	
  Name:

  	
  J. Scott Fowler

  
	
   

  	
  Title:

  	
  Senior Vice President

  
					

 

 18
 

 

 

	
  

  	
  BANK OF MONTREAL, as a Co-Canadian

  Documentation Agent and as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ JAMES V. DUCOTE

  	
   

  
	
   

  	
  Name:

  	
  James V. Ducote

  
	
   

  	
  Title:

  	
  Vice President

  
					

 

 19
 

 

 

	
  

  	
  THE TORONTO-DOMINION BANK, as a

  
	
   

  	
  Co-Canadian Documentation Agent and as a

  Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ D. BRITO

  	
   

  
	
   

  	
  Name:

  	
  Debbi L. Brito

  
	
   

  	
  Title:

  	
  Authorized Signatory

  
					

 

 20
 

 

 

	
  

  	
  BANK OF AMERICA, N.A., CANADA

  BRANCH, as a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ M. SALES DE ANDRADE

  	
   

  
	
   

  	
  Name:

  	
  Medina Sales de Andrade

  
	
   

  	
  Title:

  	
  Assistant Vice President

  
					

 

 21
 

 

 

	
  

  	
  CITIBANK, N.A., CANADIAN
  BRANCH, as a

  Lender

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  /s/ N. ZARINPOUR

  	
   

  
	
   

  	
  Name:

  	
  Niyousha Zarinpour

  
	
   

  	
  Title:

  	
  Authorised Signer

  
					

 

 22

 

SCHEDULE 7.4(h)

ALASKA ASSETS

Proved and Probable Reserves located in the Cook
Inlet:

Offshore (Fields)

McArthur River

Trading Bay

West McArthur River

Redoubt Shoal

Cosmopolitan

Sabre

Onshore (Fields)

West Foreland

Three Mile Creek

Kustatan

Associated production infrastructure, including 4
onshore facilities, 7 platforms, 6 platform rigs and the Kustatan Processing
Facility, and related real and contract rights and other ancillary properties
as well as all other tangible and intangible property associated with the
reserves.

 1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00112-of-00352.parquet"}]]