Document:

EX-10.7

 Exhibit 10.7 

HILTON GRAND VACATIONS INC. 

SEVERANCE AGREEMENT 
 THIS
SEVERANCE AGREEMENT (the “Agreement”) is entered into effective as of April 17, 2017 (the “Effective Date”), by and between HILTON GRAND VACATIONS INC., a Delaware corporation (the
“Company”), and Charles R. Corbin (the “Executive”). 
 WHEREAS, the Executive is currently employed
by the Company; and 
 WHEREAS, the Company considers the establishment and maintenance of a sound and vital management group to be
essential to protecting and enhancing the best interests of the Company and its stockholders; and 
 WHEREAS, the Company has determined
that the best interests of the Company and its stockholders will be served by reinforcing and encouraging the continued dedication of the Executive to his or her assigned duties without distractions, including but not limited to distractions arising
from a potential change in control of the Company; and 
 WHEREAS, this Agreement is intended to remove such distractions and to reinforce
the continued attention and dedication of the Executive to his or her assigned duties; 
 NOW, THEREFORE, in consideration of the mutual
promises and agreements contained in this Agreement and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Executive and the Company hereby agree as follows: 

1. Certain Defined Terms. In addition to other terms defined herein, for purposes of the Agreement, the following terms shall
have the meanings indicated below: 
 1.1 “Accrued Amounts” means (a) accrued but unpaid base
salary through the Termination Date; (b) a cash payment in lieu of any accrued but unused vacation through the Termination Date; (c) any unreimbursed business expenses incurred through the Termination Date and payable to Executive, in
accordance with any Company business expense policies (as applicable); (d) if the Executive’s termination occurs after the end of the annual bonus performance period but before the annual bonus for the preceding year is paid, the
annual bonus for the preceding year, to the extent earned; and (e) any payments and benefits to which Executive is entitled pursuant to the terms of any employee benefit or compensation plan or program in which Executive participates (or
participated). The Company shall pay Executive the items in (a) through (c) within 30 days following the Termination Date; the item in (d) on or before March 15 of the year following the performance year; and the item in
(e) in accordance with the terms of such plans or programs or agreements. 
 1.2 “Affiliate” means a
Subsidiary and any other corporation or other entity or Person controlling, controlled by or under common control with the Company. 

 1.3 “Annual Base Salary” means the Executive’s annual base
salary at the rate in effect immediately prior to a Qualifying Termination. 
 1.4 “Applicable Law” means
any applicable laws, rules and regulations (or similar guidance), including but not limited to the General Corporation Law of the State of Delaware, the Securities Act of 1933, the Securities Exchange Act of 1934 and the Code, in each case as
amended. References to any applicable laws, rules and regulations shall also refer to any successor or amended provisions thereto and shall be deemed to include any regulations or other interpretive guidance, unless the Committee determines
otherwise. 
 1.5 “Board” means the Board of Directors of the Company. 

1.6 “Business” means the business of owning, financing, developing, redeveloping, managing, marketing,
operating, licensing, leasing and/or franchising vacation, timeshare or lodging properties, and natural ancillary business products and services related to such business, including, without limitation, membership services, exchange programs, rental
programs and provision of amenities. 
 1.7 “Cause” means any of the following: (a) the
Executive’s refusal substantially to perform the Executive’s material duties or carry out the lawful instructions of the Company (other than as a result of total or partial incapacity due to physical or mental illness); (b) the
conclusive finding of the Executive’s fraud or embezzlement of Company property; (c) the Executive’s material dishonesty in the performance of his or her duties resulting in significant harm to the Company; (d) Executive’s
conviction of a felony under the laws of the United States or any state thereof or, where applicable, any equivalent offence (including a crime subject to a custodial sentence of one year or more) under the laws of the applicable jurisdiction;
(e) the Executive’s gross misconduct in connection with the Executive’s duties to the Company which could reasonably be expected to be materially injurious to the Company; or (f) the Executive’s material breach of this
Agreement, in each as determined in good faith by the Board or the Committee. 
 1.8 A “Change in Control”
shall have the meaning given such term in the Company’s 2017 Omnibus Incentive Plan or any successor Company stock incentive plan, in each case as amended (such plan(s) being collectively referred to herein as the “Stock
Plan”); provided, however, that the term “Change in Control” shall be construed in accordance with Code Section 409A if and to the extent required under Code Section 409A. 

1.9 “Code” means the Internal Revenue Code of 1986. 

1.10 “Committee” means the Compensation Committee of the Board. 

1.11 “Company” means Hilton Grand Vacations Inc., a Delaware corporation, and any successors thereto.
References to the “Company” also include references to the Company’s Subsidiaries and its other Affiliates (and their successors), unless the Committee or the Board determines otherwise. 

  
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 1.12 “Competitor” means any Person engaged in the Business,
including but not limited to any vacation, timeshare or lodging companies that are comparable in size to the Company, including, without limitation, Marriott Vacations Worldwide, Wyndham Vacation Ownership, Interval Leisure Group, Disney Vacation
Club, Hyatt Vacation Ownership, Holiday Inn Club Vacations, Bluegreen Vacations, Diamond Resorts International and Westgate Resorts. 

1.13 “Disability” means the inability of the Executive to engage in any substantial gainful activity by
reason of any medically determinable physical or mental impairment which can be expected to result in death, or which has lasted or can be expected to last for a continuous period of not less than 12 months. 

1.14 “Effective Date” means the effective date of the Agreement, as specified on page one of the Agreement.

 1.15 “Employment Term” means the entire time period of the Executive’s employment with or service
to the Company. 
 1.16 “Good Reason” means the occurrence of any of the following, without the
Executive’s written consent: 
 (a) Any material diminution in the Executive’s base salary or annual bonus
opportunity, other than a material diminution in base salary and/or annual bonus opportunity that applies to senior executive officers of the Company generally or that, with respect to annual bonus opportunities, is due to the failure to attain
performance or other business objectives; 
 (b) A material diminution in the Executive’s titles, authority, duties,
responsibilities or position; 
 (c) A permanent reassignment by the Company of the Executive’s primary office to a
location that is more than 50 miles from the Executive’s assigned primary office as of the Effective Date; 
 (d)
Any failure by the Company or any Affiliate to pay Executive any amounts due and payable under, and in accordance with the terms of, this Agreement, the indemnification agreement substantially similar to the form of attached to this Agreement as
Exhibit A (the “Indemnification Agreement”), or any equity award agreement under the Stock Plan or any successor equity plan of the Company; or 

(e) Any other action or inaction that constitutes a material breach by the Company of the Agreement; 

  
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 provided, however, that a termination by the Executive for any of the reasons listed in
(a) through (e) above shall not constitute termination for Good Reason unless the Executive shall first have delivered to the Company written notice setting forth with specificity the occurrence deemed to give rise to a right to terminate
for Good Reason (which notice must be given no later than 90 days after the initial occurrence of such event), and the Company fails to cure such event within 30 days after receipt of this written notice. The Executive’s employment must be
terminated for Good Reason within 150 days following the initial occurrence of the event of Good Reason. Good Reason shall not include the Executive’s death or Disability. 

1.17 “Person” means any person, firm, partnership, joint venture, association, corporation or other business
organization, entity or enterprise whatsoever. 
 1.18 “Qualifying Termination” means the Executive’s
termination of employment with the Company (a) by the Company without Cause, (b) by the Executive for Good Reason, or (c) in the case of a termination after the occurrence of a Change in Control, by the Company without Cause or by the
Executive for Good Reason which, in each case, occurs within 24 months after the occurrence of such Change in Control. For the avoidance of doubt, in no event shall the Executive be deemed to have experienced a Qualifying Termination as a result of
the Executive’s death, Disability or voluntary termination without Good Reason. 
 1.19 “Restricted
Period” means a period of 24 months following the Termination Date. 
 1.20 “Severance Benefits”
has the meaning provided in Section 2 hereof. 
 1.21 “Subsidiary” means a corporation, company or
other entity (a) more than 50% of whose outstanding shares or securities (representing the right to vote for the election of directors or other managing authority) are, or (b) which does not have outstanding shares or securities (as may be
the case in a partnership, joint venture, limited liability company, or unincorporated association), but more than 50% of whose ownership interest representing the right generally to make decisions for such other entity is, now or hereafter, owned
or controlled, directly or indirectly, by the Company. 
 1.22 “Target Bonus” means the Executive’s
target annual bonus for the year in which the Qualifying Termination occurs. 
 1.23 “Termination Date”
means the date that the Executive’s employment with the Company terminates for all purposes, as reflected in the writing documenting the termination from the party terminating the employment relationship to the other party, in accordance
with Section 5 hereof. 

  
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 2. Qualifying Termination; Severance Benefits.  

2.1 Severance Benefits. Subject to the terms and conditions herein, upon the Executive’s Qualifying Termination,
the Executive shall receive the following benefits (the benefits provided in Section 2.1(a) and Section 2.1(b) being collectively referred to as the “Severance Benefits”): 

(a) A cash payment equal to the sum of (A) 2.0 times the Executive’s Annual Base Salary, and (B) 2.0 times the
Executive’s Target Bonus. In the event that the Executive terminates employment due to a Qualifying Termination and a Change in Control has occurred, such payment shall be made within 60 days following the Termination Date. In the event that
the Executive terminates employment due to a Qualifying Termination and a Change in Control has not occurred, the following shall apply: That portion of the Severance Benefits payable to the Executive pursuant to this Section 2.1(a) that
exceeds the “separation pay limit,” if any, shall be paid to the Executive in a lump sum payment within 60 days following the Termination Date (or such earlier date, if any, as may be required under applicable wage payment laws). The
“separation pay limit” shall mean two times the lesser of: (i) the sum of the Executive’s annualized compensation based upon the annual rate of pay for services provided to the Company for the calendar year immediately preceding
the calendar year in which the Executive’s Termination Date occurs (adjusted for any increase during that calendar year that was expected to continue indefinitely if the Executive had not terminated employment); and (ii) the maximum dollar
amount of compensation that may be taken into account under a tax-qualified retirement plan under Code Section 401(a)(17) for the year in which his or her Termination Date occurs. The lump sum payment to be made to the Executive pursuant to
this Section 2.1(a) is a separate payment intended to be exempt from Code Section 409A under the exemption found in Regulation Section 1.409A-(b)(4) for short-term deferrals. The remaining
portion of the Severance Benefits payable to the Executive pursuant to this Section 2.1(a) shall be paid in periodic installments (each installment to be treated as a separate payment) over the 24-month period commencing on the Termination Date
(as defined herein) in accordance with the normal payroll practices of the Company. Notwithstanding the foregoing, in no event shall such remaining portion of the Severance Benefit be paid to the Executive later than December 31 of the second
calendar year following the calendar year in which Executive’s Termination Date occurs. The payments to be made to the Executive pursuant to the immediately preceding sentence of this Section 2.1(a) are intended to be exempt from Code
Section 409A under the exemption found in Regulation Section 1.409A-(b)(9)(iii) for separation pay plans (i.e., the so-called “two times” pay exemption). 

  
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 (b) For 18 months following the Termination Date (the “COBRA
Reimbursement Period”), monthly payments of an amount equal to the excess of (i) the COBRA cost of such coverage over (ii) the amount that the Executive would have had to pay for such coverage if he had remained employed during
the COBRA Reimbursement Period and paid the active employee rate for such coverage, less withholding for taxes and other similar items; provided, however, that (A) if the Executive becomes eligible to receive group health benefits
under a program of a subsequent employer or otherwise (including coverage available to the Executive’s spouse), the Company’s obligation to pay any portion of the cost of health coverage as described herein shall cease, except as otherwise
provided by law; (B) the COBRA Reimbursement Period shall only run for the period during which the Executive is eligible to elect health coverage under COBRA and timely elects such coverage; (C) nothing herein shall prevent the Company
from amending, changing, or canceling any group medical, dental, vision and/or prescription drug plans during the COBRA Reimbursement Period; (D) during the COBRA Reimbursement Period, the benefits provided in any one calendar year shall not
affect the amount of benefits provided in any other calendar year (other than the effect of any overall coverage benefits under the applicable plans); (E) the reimbursement of an eligible taxable expense shall be made as soon as practicable but
not later than December 31 of the year following the year in which the expense was incurred; (F) the Executive’s rights pursuant to this Section 2.1(b) shall not be subject to liquidation or exchange for another benefit; and
(G) the monthly payments described in this subparagraph (b) shall be taxable to the Executive and any applicable withholdings shall apply or such amounts shall be treated as imputed income to the Executive; 

(c) Notwithstanding the foregoing, subject to Section 7 below, the Company shall be obligated to provide the Severance
Benefits and the pro rata bonus described in Section 2.2(b) only if within 60 days after the Termination Date the Executive shall have executed a separation and release of claims and covenant not to sue agreement substantially similar to the
form of waiver and release attached to this Agreement as Exhibit B (the “Release Agreement”) and such Release Agreement shall not have been revoked within the revocation period specified in the Release Agreement. For the
avoidance of doubt, the Company shall have no obligation to provide the Severance Benefits, and the Executive shall not be entitled to any of the Severance Benefits, if the Executive has failed to comply with the obligations set forth in
Section 4 and such failure is sufficient to constitute a material breach of this Agreement, the Company may suspend, terminate and/or recover from the Executive the Severance Benefits. 

For the avoidance of doubt, inclusion of Target Bonus in the calculation of Severance Benefits does not affect and is not in lieu of the
Executive’s annual bonus opportunity, if any, for the year in which the Termination Date occurs, which shall be determined in accordance with Section 2.2 herein. 

2.2 Other Compensation and Benefits. In addition, upon a Qualifying Termination, the Executive shall be entitled to the
following benefits: 
 (a) Accrued Amounts. The Accrued Amounts, payable as described above; 

  
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 (b) Pro Rata Bonus. Subject to execution of the Release Agreement in
accordance with Section 2.1(c) and Section 7 herein, a pro rata portion of the Executive’s annual bonus for the year in which the Termination Date occurs, to the extent earned based on actual performance (such amount to be calculated
by determining the amount of the annual bonus earned as of the end of the year in which the Termination Date occurs and pro-rating such amount by the portion of such year Executive was employed by the Company, said pro rata bonus amount to be
paid on or before March 15 of the year following the performance year); 
 (c) Life Insurance. To the extent the
Company provides the Executive’s life insurance coverage immediately prior to the Qualifying Termination and this coverage is eligible for post-termination continuation or conversion to an individual policy, a cash payment equal to the amount
required to continue such coverage as an individual policy for a period of 12 months following the Termination Date (and, if the Company deems necessary or advisable, to convert such coverage to an individual policy), payable in a single
lump sum within 60 days following the Termination Date; and 
 (d) Equity Awards. The Executive’s rights, if
any, with respect to any equity awards granted to him or her under the Stock Plan shall be as determined under the Stock Plan and applicable award agreement(s). For the avoidance of doubt, the Executive shall be entitled to accelerated vesting or
other benefits upon a Qualifying Termination only if and to the extent provided under the terms of the Stock Plan and applicable award agreement(s). 

(e) Other Employee Benefits. The Executive’s rights and obligations, if any, upon a Qualifying Termination under
other compensation or employee benefit plans, policies, agreements or arrangements of the Company shall be as determined under such plans, policies, agreements or arrangements. 

3. Non-Qualifying Termination. Except as provided below, if the Executive’s status as an employee is terminated for any
reason other than due to a Qualifying Termination, the Executive shall not be entitled to receive the Severance Benefits, and the Company shall not have any obligation to the Executive under this Agreement. In the event that Executive’s
employment with the Company is terminated for any reason, the Company shall pay Executive (or his or her estate or legal guardian, as applicable) the Accrued Amounts; provided, however, that if the Executive’s employment terminates due to
Cause, the Executive shall forfeit the right to the annual bonus described in Section 1.1(d). Additionally, Executive shall remain entitled to his or her indemnification rights as provided in this Agreement and the Indemnification Agreement
and/or pursuant to the Company’s certificate of incorporation, charter, by-laws, and/or other corporate documents and policies. 

4. Covenants. 

4.1 Non-Competition; Non-Solicitation. 

(a) The Executive acknowledges and recognizes the highly competitive nature of the Businesses of the Company and accordingly
agrees as follows: 

  
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 (i) During the Employment Term and subsequent Restricted Period, the Executive
will not, whether on the Executive’s own behalf or on behalf of or in conjunction with any Person, directly or indirectly solicit or assist in soliciting away from the Company the business of any then current or prospective client or customer
with whom the Executive (or his or her direct reports) had personal contact or dealings on behalf of the Company during the one-year period preceding the Termination Date. 

(ii) During the Restricted Period, the Executive will not directly or indirectly anywhere in the United States: 

(A) Engage in the Business directly or indirectly, or enter the employ of, or render any services to, a Competitor, provided
that this restriction shall not prevent the Executive from working for or performing services on behalf of a Competitor if such Competitor is also engaged in other lines of business and if the Executive’s employment or services are restricted
to such other lines of business, and will not be providing support, advice, instruction, direction or other guidance to lines of business that constitute the Competitor; 

(B) Acquire a financial interest in, or otherwise become actively involved with, a Competitor, directly or indirectly, as an
individual, partner, shareholder, officer, director, principal, agent, trustee or consultant; or 
 (C) Intentionally and
adversely interfere with, or attempt to adversely interfere with, business relationships between the Company and any of its clients, customers, suppliers, partners, members or investors. 

(iii) Notwithstanding anything to the contrary in this Section 4, the Executive may, directly or indirectly, own, solely
as an investment, securities of any Person engaged in a Business (including, without limitation, a Competitor) which are publicly traded on a national or regional stock exchange or on the over-the-counter market if the Executive (A) is not
a controlling person of, or a member of a group which controls, such person and (B) does not, directly or indirectly, own 5% or more of any class of securities of such Person. 

(iv) During the Restricted Period, the Executive will not, whether on the Executive’s own behalf or on behalf of or in
conjunction with any Person or entity, directly or indirectly: 
 (A) Solicit or encourage any employee of the Company to
leave the employment of the Company or encourage any independent contractor to cease providing services to the Company; or 

  
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 (B) Hire or engage any employee or independent contractor who was employed or
engaged by the Company as of the Termination Date or who left the employment of or engagement with the Company coincident with, or within one year prior to or after, the Termination Date, provided that this prohibition does not apply to
(X) administrative personnel employed by the Company or (Y) any Company employee or independent contractor who is hired or engaged away from the Company as a result of responding to a generic job posting on a website or in a newspaper or
periodical of general circulation, without any involvement or encouragement by the Executive. 
 (v) During the Restricted
Period, the Executive will not, whether on the Executive’s own behalf or on behalf of or in conjunction with any Person, directly and intentionally encourage any material consultant of the Company to cease working with the Company. 

(b) The period of time during which the provisions of this Section 4 shall be in effect shall be extended by the length
of time during which the Executive is in breach of the terms hereof as determined by any court of competent jurisdiction on the Company’s application for injunctive relief. 

(c) The Company reserves the right to waive the enforcement of or limit the scope of the non-competition or non-solicitation
provisions of this Agreement as to the Executive if and as it deems appropriate in its sole discretion on a case-by-case basis. 

4.2 Confidentiality. 

(a) The Executive will not at any time (whether during or after the Employment Term and whether during or after the Restricted
Period) (i) retain or use for the benefit, purposes or account of the Executive or any other Person; or (ii) disclose, divulge, reveal, communicate, share, transfer or provide access to any Person outside the Company (other than its
professional advisers who are bound by confidentiality obligations or otherwise, in performance of the Executive’s duties under the Executive’s employment and pursuant to customary industry practice, or as may be required by law or in
response to a court order or a request by a regulatory or administrative body), any nonpublic, proprietary or confidential information, including without limitation trade secrets, know-how, research and
development, software, databases, inventions, processes, formulae, technology, designs and other intellectual property, information concerning finances, investments, profits, pricing, costs, products, services, vendors, customers, clients, partners,
investors, personnel, compensation, recruiting, training, advertising, sales, marketing, promotions, government and regulatory activities and approvals concerning the past, current or future business, activities and operations of the Company and/or
any third party that has disclosed or provided any of same to the Company on a confidential basis (“Confidential Information”) without the prior written authorization of the Board or the Committee. 

  
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 (b) “Confidential Information” shall not include any information that
is (i) generally known to the industry or the public other than as a result of the Executive’s breach of this covenant; (ii) made legitimately available to the Executive by a third party without breach of any confidentiality
obligation of which the Executive has knowledge; or (iii) required by law to be disclosed, provided that with respect to subsection (iii) the Executive shall, except as otherwise provided in Section 4.2(d) herein, give prompt written
notice to the Company of such requirement, disclose no more information than is so required, and reasonably cooperate with any attempts by the Company to obtain a protective order or similar treatment. 

(c) Upon termination of the Executive’s employment with the Company for any reason, the Executive shall (i) cease
and not thereafter commence use of any Confidential Information or intellectual property (including without limitation, any patent, invention, copyright, trade secret, trademark, trade name, logo, domain name or other source indicator) owned or used
by the Company; and (ii) immediately destroy, delete, or return to the Company, at the Company’s option, all originals and copies in any form or medium (including memoranda, books, papers, plans, computer files, letters and other data) in
the Executive’s possession or control (including any of the foregoing stored or located in the Executive’s office, home, laptop or other computer, whether or not Company property) that contain Confidential Information, except that the
Executive may retain only those portions of any personal notes, notebooks and diaries that do not contain any Confidential Information. Notwithstanding the above, nothing herein shall require Executive to return to the Company any computers or
telecommunication equipment or tangible property which he owns, including, but not limited to, personal computers, phones and tablet devices; provided, however, that he shall remove from all such devices any Confidential Information stored thereon.

 (d) Notwithstanding the foregoing provisions of Section 4.2, (i) nothing in this Agreement or other agreement
prohibits the Executive from reporting possible violations of law or regulation to any governmental agency or entity, including but not limited to the Department of Justice, the Securities and Exchange Commission, the Congress and any agency
Inspector General (the “Government Agencies”), or communicating with Government Agencies or otherwise participating in any investigation or proceeding that may be conducted by Government Agencies, including providing documents or
other information, (ii) the Executive does not need the prior authorization of the Company to take any action described in (i), and the Executive is not required to notify the Company that he has taken any action described in (i); and
(iii) the Agreement does not limit the Executive’s right to receive an award for providing information relating to a possible securities law violation to the Securities and Exchange Commission. Further, notwithstanding the foregoing, the
Executive will not be held criminally or civilly liable under any federal, state or local trade secret law for the disclosure of a trade secret that (i) is made (A) in confidence to a federal, state or local government official, either
directly or indirectly, or to an attorney, and (B) solely for the purpose of reporting or investigating a suspected violation or law; or (ii) is made in a complaint or other document filed in a lawsuit or other proceeding, if such filing
is made under seal. Additionally, an individual suing an employer for retaliation based on the reporting of a suspected violation of law may disclose a trade secret to his or her attorney and use the trade secret information in the court proceeding,
so long as any document containing the trade secret is filed under seal and the individual does not disclose the trade secret except pursuant to court order. 

  
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 4.3 Non-Disparagement. As a condition to the receipt of the Qualifying
Termination Severance Benefits, the Executive agrees that he or she will not directly, or through any other Person, at any time (whether during or after his or her Employment Term and during or after the Restricted Period) make any public or private
statements that are disparaging of the Company, or its respective businesses or employees, officers, directors, or stockholders. The Company agrees that it will not, and it will exercise its reasonable best efforts to cause its Affiliates (and the
officers and directors of the Company and/or its Affiliates) to not, directly, or through any other Person, at any time make any public or private statements that are disparaging of the Executive. 

4.4 Reasonableness of Restrictions. It is expressly understood and agreed that, although the Executive and the Company
consider the restrictions contained in this Section 4 to be reasonable, if a final judicial determination is made by a court of competent jurisdiction that the time or territory or any other restriction contained in this Agreement is an
unenforceable restriction against the Executive, the provisions of this Section 4 shall not be rendered void but shall be deemed amended to apply as to such maximum time and territory and to such maximum extent as such court may judicially
determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Section 4 is unenforceable, and such restriction cannot be amended so as to make it enforceable, such
finding shall not affect the enforceability of any of the other restrictions contained herein. 
 4.5 Breach of
Restrictive Covenants. The Executive acknowledges that this Agreement is designed and intended only to protect the legitimate business interests of the Company and that the restrictions imposed by this Agreement are necessary, fair and
reasonably designed to protect those interests. The Executive further acknowledges that the Company has given him or her access to certain Confidential Information, and that the use of such Confidential Information by him or her on behalf of some
other entity (including himself or herself) would cause irreparable harm to the Company. The Executive also acknowledges that the Company has invested considerable time and resources in developing its relationships with its customers and in training
Company employees, the loss of which similarly would cause irreparable harm to the Company. Without limitation, the Executive agrees that if he or she should breach or threaten to breach any of the restrictive covenants contained in Section 4
of this Agreement, the Company may, in addition to seeking other available remedies (including but in no way limited to the Company’s rights under this Agreement), apply, consistent with Section 10.6 below, for the immediate entry of an
injunction restraining any actual or threatened breaches or violations of said provisions or terms by the Executive. Further, if, for any reason, any of the restrictive covenants or related provisions contained in Section 4 of this Agreement
should be held invalid or otherwise unenforceable, it is agreed the court shall construe the pertinent section(s) or provision(s) so as to allow its enforcement to the maximum extent permitted by Applicable Law. The Executive further agrees that any
claimed Company breach of this Agreement shall not prevent, or otherwise be a defense against, the enforcement of any restrictive covenant or other Executive obligation herein. 

  
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 4.6 Executive Representations. The Executive represents that the
restrictions on his or her business provided in this Agreement are fair to protect the legitimate business interests of the Company. The Executive represents further that the consideration for this Agreement is fair and adequate, and that even if
the restrictions in this Agreement are applied to him or her, he or she shall still be able to earn a good and reasonable living from those activities, areas and opportunities not restricted by this Agreement. In addition, the Executive represents
that he or she has had an opportunity to consult with independent counsel concerning this Agreement and is not relying on the Company or its counsel for any related legal, tax or other advice. 

5. Termination Procedures. Any purported termination of the Executive’s employment shall be documented in a writing
appropriate to the nature of the termination from the party terminating the employment relationship to the other party: 

(a) In the case of termination by the Company with Cause, the Company shall provide Executive with a written notice
identifying (i) in reasonable detail the facts and circumstances giving rise to the determination that Cause exists, and (ii) the effective date of the termination of employment; 

(b) In the case of a termination by the Executive for Good Reason, the Executive shall provide the Company with a written
notice (the “Notice of Good Reason”) stating (i) in reasonable detail the facts and circumstances giving rise to the determination that Good Reason exists, and (ii) the effective date of the termination of employment
absent cure, as provided below, in compliance with the time period set forth in Section 1.16 herein; 
 (c) In the case
of all other terminations of employment, a document establishing the effective date of the termination of employment, in each case, subject to any other contractual obligations that may exist between the Company and the Executive. Under
circumstances where the Executive will be eligible for payment and benefits under the terms of the Agreement (i.e., a termination by the Company without Cause), the document will confirm the Executive’s eligibility for these payments and
benefits and summarize the Executive’s entitlements post-termination. 
 Notwithstanding the foregoing, in the
case of a termination by the Executive with Good Reason, the Company shall have an opportunity to cure the circumstances giving rise to Good Reason within 30 days after receipt of the Notice of Good Reason. If the Company fails to cure such
circumstances, the effective date of termination shall be the date specified in the Notice of Good Reason, notwithstanding such 30-day cure period. 

  
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 6. Code Section 280G. 

6.1 Notwithstanding anything in this Agreement to the contrary, in the event it shall be determined that any benefit, payment
or distribution by the Company to or for the benefit of the Executive (whether payable or distributable pursuant to the terms of this Agreement or otherwise) (such benefits, payments or distributions are hereinafter referred to as
“Payments”) would, if paid, be subject to the excise tax (the “Excise Tax”) imposed by Code Section 4999, then prior to the making of any of the Payments to the Executive, a calculation shall be made comparing
(i) the net benefit to the Executive, of the Payments after payment of the Excise Tax, to (ii) the net benefit to the Executive, if the Payments had been limited to the extent necessary to avoid being subject to the Excise Tax. If the
amount calculated under (i) above is less than the amount calculated under (ii) above, then the Payments shall be limited to the extent necessary to avoid being subject to the Excise Tax (the “Reduced Amount”). The
reduction of the Payments due hereunder, if applicable, shall be made by first reducing cash Payments and then, to the extent necessary, reducing those Payments having the next highest ratio of Parachute Value to actual present value of such
Payments as of the date of the change of control, as determined by the Determination Firm (as defined in subsection (b) below). For purposes of this Section 6, present value shall be determined in accordance with Code
Section 280G(d)(4). For purposes of this Section 6, the “Parachute Value” of a Payment means the present value as of the date of the change of control of the portion of such Payment that constitutes a “parachute
payment” under Code Section 280G(b)(2), as determined by the Determination Firm for purposes of determining whether and to what extent the Excise Tax will apply to such Payment. 

6.2 All determinations required to be made under this Section 6, including whether an Excise Tax would otherwise be
imposed, whether the Payments shall be reduced, the amount of the Reduced Amount, and the assumptions to be utilized in arriving at such determinations, shall be made by an independent, nationally recognized accounting firm or compensation
consulting firm mutually acceptable to the Company and the Executive (the “Determination Firm”) which shall provide detailed supporting calculations both to the Company and the Executive within 15 days of the receipt of notice from
the Executive that a Payment is due to be made, or such earlier time as is requested by the Company. All fees and expenses of the Determination Firm shall be borne solely by the Company. Any determination by the Determination Firm shall be binding
upon the Company and the Executive. As a result of the uncertainty in the application of Code Section 4999 at the time of the initial determination by the Determination Firm hereunder, it is possible that Payments hereunder will have been
unnecessarily limited by this Section 6 (“Underpayment”), consistent with the calculations required to be made hereunder. The Determination Firm shall determine the amount of the Underpayment that has occurred and any such
Underpayment shall be promptly paid by the Company to or for the benefit of the Executive together with interest at the applicable Federal rate provided for in Code Section 7872(f)(2), but no later than March 15 of the year after the year
in which the Underpayment is determined to exist, which is when the legally binding right to such Underpayment arises. 

  
 13 

 6.3 In the event that the provisions of Code Section 280G and 4999 or any
successor provisions are repealed without succession, this Section 6 shall be of no further force or effect. 
 7. Code
Section 409A. 
 7.1 General. The Company intends that the payments and benefits provided under the
Agreement shall either be exempt from the application of, or comply with, the requirements of Code Section 409A. The Agreement shall be construed in a manner that affects the Company’s intent to be exempt from or comply with Code
Section 409A. Notwithstanding anything in the Agreement to the contrary, the Committee may amend the Agreement, to take effect retroactively or otherwise, as deemed necessary or advisable for the purpose of remaining exempt from or complying
with the requirements of Code Section 409A. Whenever payments under the Agreement are to be made in installments, each such installment shall be deemed to be a separate payment for purposes of Code Section 409A. Further, (a) in the
event that Code Section 409A requires that any special terms, provisions or conditions be included in this Agreement, then such terms, provisions and conditions shall, to the extent practicable, be deemed to be made a part of this Agreement,
and (b) terms used in this Agreement shall be construed in accordance with Code Section 409A if and to the extent required. Further, in the event that this Agreement or any benefit thereunder shall be deemed not to comply with Code
Section 409A, then neither the Company, the Board, the Committee nor its or their designees or agents shall be liable to the Executive or other Person for actions, decisions or determinations made in good faith. 

7.2 Definitional Restrictions. Notwithstanding anything in the Agreement to the contrary, to the extent that any amount
or benefit that would constitute non-exempt “deferred compensation” for purposes of Code Section 409A (“Non-Exempt Deferred Compensation”) would otherwise be payable or distributable under the Agreement by reason of
the occurrence of the Executive’s separation from service, such Non-Exempt Deferred Compensation will not be payable or distributable to the Executive by reason of such circumstance unless the
circumstances giving rise to such separation from service meet any description or definition of “separation from service” in Code Section 409A (without giving effect to any elective provisions that may be available under such
definition). This provision does not prohibit the vesting of any amount upon a separation from service, however defined. If this provision prevents the payment or distribution of any Non-Exempt Deferred Compensation, such payment or distribution
shall be made on the date, if any, on which an event occurs that constitutes a Code Section 409A-compliant “separation from service,” or such later date as may be required by subsection 7.3 below. 

  
 14 

 7.3 Six-Month Delay in Certain Circumstances. In the event that,
notwithstanding the clear language of the Agreement and the intent of the Company, any amount or benefit under this Agreement constitutes Non-Exempt Deferred Compensation and is payable or distributable by reason of the Executive’s separation
from service during a period in which the Executive qualifies as a “Specified Employee” under Code Section 409A, then, subject to any permissible acceleration of payment under Code Section 409A: 

(a) The amount of such Non-Exempt Deferred Compensation that would otherwise be payable during the six-month period
immediately following the Executive’s separation from service under the terms of this Agreement will be accumulated through and paid or provided on the first day of the seventh month following the Executive’s separation from service (or,
if the Executive dies during such period, within 30 days after the Executive’s death) (in either case, the “Required Delay Period”); and 

(b) The normal payment or distribution schedule for any remaining payments or distributions will resume at the end of the
Required Delay Period. 
 For purposes of this Agreement, the term “Specified Employee” has the meaning given such term in Code
Section 409A. 
 7.4 Timing of Release. Whenever in this Agreement a payment or benefit is conditioned on the
Executive’s execution of a release of claims and covenant not to sue, the Company shall provide such release to the Executive promptly following the Termination Date, and such release and covenant not to sue must be executed and all revocation
periods shall have expired in accordance with terms set forth in the release, but in no case later than 60 days after the Termination Date; failing which such payment or benefit shall be forfeited. If such payment or benefit constitutes Non-Exempt
Deferred Compensation, then, subject to subsection 7.3 above, such payment or benefit (including any installment payments) that would have otherwise been payable during such 60-day period shall be accumulated and paid on the 60th day after the
Termination Date provided such release shall have been executed and such revocation periods shall have expired. If such payment or benefit is exempt from Code Section 409A, the Company may elect to make or commence payment at any time during
such 60-day period. 
 7.5 Expense Reimbursement. All expenses eligible for reimbursements in connection with the
Executive’s employment with the Company must be incurred by the Executive during the term of employment or service to the Company and must be in accordance with the Company’s expense reimbursement policies. The amount of reimbursable
expenses incurred in one taxable year shall not affect the expenses eligible for reimbursement in any other taxable year. Each category of reimbursement shall be paid as soon as administratively practicable, but in no event shall any such
reimbursement be paid after the last day of the Executive’s taxable year following the taxable year in which the expense was incurred. No right to reimbursement is subject to liquidation or exchange for other benefits. 

  
 15 

 8. No Mitigation. The Executive shall not be required to seek other employment or to
attempt in any way to reduce or mitigate any benefits payable under this Agreement, and the amount of any such benefits shall not (except as otherwise provided in Section 2.1(b) herein) be reduced by any other compensation paid or provided to
the Executive following the Executive’s termination of service. 
 9. Successors. 

9.1 Company Successors. The Agreement shall inure to the benefit of and shall be binding upon the Company and its
successors and assigns. 
 9.2 Executive Successors. The Agreement shall inure to the benefit of and be enforceable
by the Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees, legatees or other beneficiaries. If the Executive shall die while any amount remains payable to the Executive hereunder,
all such amounts shall be paid in accordance with the terms of the Agreement to the executors, personal representatives or administrators of the Executive’s estate. 

10. Miscellaneous. 

10.1 Notices. All communications relating to matters arising under the Agreement shall be in writing and shall be
deemed to have been duly given when hand delivered, faxed, emailed or mailed by reputable overnight carrier or United States certified mail, return receipt requested, addressed, to the Company or the Executive, as applicable, to the address set
forth below, or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notice of change of address shall be effective only upon actual receipt: 

If to the Company: 

Hilton Grand Vacations Inc. 

6355 Metro West Boulevard, Suite 180 

Orlando, Florida 32835 

Attention: Chief Human Resources Officer 

with a copy to: 

Hilton Grand Vacations Inc. 

6355 Metro West Boulevard, Suite 180 

Orlando, Florida 32835 

Attention: General Counsel 

If to the Executive, at his or her last known address, as reflected in the Company’s records. 

  
 16 

 10.2 No Right to Continued Employment or Service. Nothing contained in the
Agreement shall (a) confer upon the Executive any right to continue as an employee or service provider of the Company, (b) constitute any contract of employment or service or agreement to continue employment or service for any particular
period or (c) interfere in any way with the right of the Company to terminate a service relationship with the Executive, for any reason or for no reason. The Executive understands that he or she is an employee at will. 

10.3 Amendment; Waiver of Agreement. Except as otherwise provided herein, the provisions of this Agreement may be
amended or waived only by a written agreement executed and delivered by the Company and the Executive. Notwithstanding the foregoing, the Company shall have unilateral authority to amend this Agreement (without Executive consent) to the extent
necessary to comply with Applicable Law (including but not limited to Code Section 409A) or changes to Applicable Law. No failure or delay by any party in exercising any right, power or privilege hereunder will operate as a waiver thereof nor
will any single or partial exercise thereof preclude any other or further exercise thereof or the exercise of any other right, power or privilege. The rights and remedies herein provided will be cumulative and not exclusive of any rights or remedies
provided by Applicable Law. 
 10.4 Withholding. The Company shall have the authority and the right to deduct and
withhold an amount sufficient to satisfy federal, state, local and foreign taxes required by law to be withheld with respect to any benefits payable under the Agreement. 

10.5 Benefits Not Assignable. Except as otherwise provided herein or by Applicable Law, no right or interest of the
Executive under the Agreement shall be assignable or transferable, in whole or in part, either directly or by operation of law or otherwise, including without limitation by execution, levy, garnishment, attachment, pledge or in any manner; no
attempted assignment or transfer thereof shall be effective; and no right or interest of any Executive shall be liable for, or subject to, any obligation or liability of the Executive. When a payment is due under the Agreement to the Executive and
he or she is unable to care for his or her affairs, payment may be made directly to his or her legal guardian or personal representative. 

10.6 Governing Law; Forum Selection; Jury Waiver. The Agreement shall be construed and interpreted in accordance with
the laws of the State of Delaware, without regard to the conflict of laws provisions of any state, to the extent not preempted by federal law, which shall otherwise control. The parties knowingly and voluntarily agree that any controversy or dispute
arising out of or otherwise related to this Agreement, including any statutory or other claim relating to the Executive’s employment with the Company, the termination thereof, or his or her work for the Company, shall be tried exclusively,
without jury, and consent to personal jurisdiction, in the state courts of Orlando, Florida, or the United States District Court for the Middle District of Florida, Orlando division. Notwithstanding the foregoing, as a condition to the effectiveness
of this Agreement, the Executive will be required to sign a Mutual Agreement to Arbitrate Claims substantially similar to the form attached hereto as Exhibit C. 

10.7 Headings. The headings contained in the Agreement are for convenience of reference only and will not control or
affect the meaning, construction or interpretation of the Agreement’s provisions. 

  
 17 

 10.8 No Trust Fund; Unfunded Obligations. The obligation of the Company to
make payments hereunder shall constitute an unsecured liability of the Company to the Executive. The Company shall not be required to establish or maintain any special or separate fund, or otherwise to segregate assets to assure that such payments
shall be made, and the Executive shall not have any interest in any particular assets of the Company by reason of its obligations hereunder. Nothing contained in this Agreement shall create or be construed as creating a trust of any kind or any
other fiduciary relationship between or among the Company, the Executive, or any other person. To the extent that any person acquires a right to receive payment from the Company, such right shall be no greater than the right of an unsecured creditor
of the Company. 
 10.9 No Third Party Beneficiaries. Except as otherwise expressly provided for herein, this
Agreement is for the sole benefit of the parties hereto and their permitted assigns and nothing herein expressed or implied will give or be construed to give to any Person, other than the parties hereto and such permitted assigns, any legal or
equitable rights hereunder. 
 10.10 Controlling Document. Except with respect to the Stock Plan or annual bonus
plan, if any provision of any agreement, plan, program, policy, arrangement or other written document between or relating to the Company and Executive conflicts with any provision of this Agreement, the provision of this Agreement shall control and
prevail. 
 10.11 No Limitation of Rights. Nothing in this Agreement shall limit or prejudice any rights of the
Company under any other laws. 
 10.12 Counterparts. This Agreement may be signed in any number of counterparts,
including via facsimile transmission, each of which will be an original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 

10.13 Severability. If any provision of this Agreement or the application of any such provision to any Person or
circumstance is held invalid, illegal or unenforceable in any respect by a court of competent jurisdiction, such invalidity, illegality or unenforceability will not affect any other provision hereof. If any provision of this Agreement is finally
judicially determined to be invalid, ineffective or unenforceable, the determination will apply only in the jurisdiction in which such final adjudication is made, and such provision will be deemed severed from this Agreement for purposes of such
jurisdiction only, but every other provision of this Agreement will remain in full force and effect, and there will be substituted for any such provision held invalid, ineffective or unenforceable, a provision of similar import reflecting the
original intent of the parties to the extent permitted under Applicable Law. 

  
 18 

 10.14 Certain Interpretive Matters. 

(a) Unless the context otherwise requires, (i) all references to sections are to sections of this Agreement,
(ii) each term defined in this Agreement has the meaning assigned to it, (iii) words in the singular include the plural and vice versa and (iv) the terms “herein,” “hereof,” “hereby,”
“hereunder” and words of similar import shall mean references to this Agreement as a whole and not to any individual section or portion hereof. All references to $ or dollar amounts will be to lawful currency of the United States. 

(b) No provision of this Agreement will be interpreted in favor of, or against, any of the parties hereto by reason of the
extent to which any such party or his, her or its counsel participated in the drafting thereof or by reason of the extent to which any such provision is inconsistent with any prior draft hereof or thereof. 

10.15 Entire Agreement; Superseding Effect; No Duplicative Benefits. This Agreement constitutes the entire agreement
among the parties with respect to the subject matter hereof and supersede all prior agreements and understandings, both oral and written, including but not limited to any term sheet or other similar summary of proposed terms, between the parties
with respect to the subject matter of this Agreement. The Executive acknowledges and agrees that his or her receipt of severance benefits under this Agreement is in lieu of any similar benefits under any other Company severance plan, policy or
arrangement and that he or she shall not be entitled to duplicative benefits under both this Agreement and any other Company severance plan, policy or arrangement. 

10.16 Full Understanding. The Executive represents and agrees that he or she has carefully read and fully understands
all of the provisions of this Agreement and that the Executive freely and voluntarily enters into the Agreement. The Executive also agrees and acknowledges that the obligations owed to the Executive under this Agreement are solely the obligations of
the Company and that none of the Company’s stockholders, directors or lenders will have any obligation or liabilities in respect of this Agreement and the subject matter hereof. 

10.17 Compliance with Recoupment, Ownership and Other Policies or Agreements. As a condition to entering into this
Agreement, the Executive agrees that he or she shall abide by all provisions of any equity retention policy, compensation recovery policy, stock ownership guidelines and/or other similar policies maintained by the Company, each as in effect from
time to time and to the extent applicable to the Executive from time to time. In addition, the Executive shall be subject to such compensation recovery, recoupment, forfeiture or other similar provisions as may apply at any time to the Executive
under Applicable Law. 

  
 19 

 10.18 Tax Matters. The Company has made no warranties or representations
to the Executive with respect to the tax consequences (including but not limited to income tax consequences) contemplated by this Agreement and/or any benefits to be provided pursuant thereto. The Executive acknowledges that there may be adverse tax
consequences related to the transactions contemplated hereby and that the Executive should consult with his or her own attorney, accountant and/or tax advisor regarding the decision to enter into this Agreement and the consequences thereof. The
Executive also acknowledges that the Company has no responsibility to take or refrain from taking any actions in order to achieve a certain tax result for the Executive. 

10.19 Entity. As used in this Agreement, the term the “Company” shall include, as applicable, Hilton Resorts
Corporation, the Company’s employer entity that is wholly owned by the Company. 
 [Signature Page to Follow] 

  
 20 

 IN WITNESS WHEREOF, the parties have executed this Agreement effective as of the date and year first above
written. 
  

			
	HILTON GRAND VACATIONS INC.
		
	By:	 	/s/ Charles R. Corbin
	Name:	 	Charles R. Corbin
	Title:	 	Executive Vice President & General Counsel

  

			
	EXECUTIVE
	
	/s/ Charles R. Corbin
	Name:	 	Charles R. Corbin

  
 21Exhibit

EXHIBIT 10.1
EXECUTION COPY

FIRST AMENDMENT AND CONSENT
DATED AS OF MAY 31, 2017
TO
CREDIT AGREEMENT AND SECURITY AGREEMENT
DATED AS OF FEBRUARY 28, 2017
AMONG

LINN ENERGY HOLDCO II LLC,
AS BORROWER,
LINN ENERGY HOLDCO LLC,
AS PARENT,
LINN ENERGY, INC.,
AS HOLDINGS

AND EACH OF THE SUBSIDIARY GUARANTORS PARTY HERETO FROM TIME TO TIME, 

WELLS FARGO BANK, NATIONAL ASSOCIATION,
AS ADMINISTRATIVE AGENT,
AND
THE LENDERS PARTY HERETO FROM TIME TO TIME

FIRST AMENDMENT AND CONSENT TO CREDIT AGREEMENT
THIS FIRST AMENDMENT AND CONSENT TO CREDIT AGREEMENT (this “First Amendment”), dated as of May 31, 2017, among Linn Energy Holdco II, LLC, a limited liability company duly formed and existing under the laws of the State of Delaware (the “Borrower”); Linn Energy Holdco LLC, a limited liability company duly formed and existing under the laws of the State of Delaware ("Parent"); Linn Energy, Inc., a corporation duly formed and existing under the laws of the State of Delaware ("Holdings," and collectively and severally with Parent, each a "Parent Guarantor"); each of the Subsidiaries set forth on the Schedule of Guarantors attached as Annex I to the Credit Agreement, as defined below, or otherwise from time to time party hereto (each a "Subsidiary Guarantor," and collectively, the "Subsidiary Guarantors"); each of the Lenders from time to time party hereto; and Wells Fargo Bank, National Association (in its individual capacity, "Wells Fargo"), as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the "Administrative Agent").  Each capitalized term used herein but not otherwise defined herein has the meaning given such term in the Credit Agreement, as amended by this First Amendment.  Unless otherwise indicated, all section or article references in this First Amendment refer to sections or articles of the Credit Agreement or this First Amendment, as the context requires.
R E C I T A L S
A.    WHEREAS, the Borrower, Parent Guarantors, Subsidiary Guarantors, the Administrative Agent, and the Lenders entered into that Credit Agreement dated as of February 28, 2017 (the “Credit Agreement”), pursuant to which the Lenders have made certain credit and other financial accommodations available to and on behalf of the Borrower and its Subsidiaries.
B.    WHEREAS, the Borrower proposes to enter into a series of transactions comprised of (a) a Sale of certain assets located in Jonah, Wyoming, as more particularly set forth in the Initial Reserve Report, for a purchase price of $581,500,000 (the "Jonah Sale"), subject to customary purchase price adjustments and transaction costs, fees, and expenses set forth in the definitive documents governing the Jonah Sale, (b) voluntary payment in full of the Term Loan and voluntary partial payment of the Revolving Loan from the Net Cash Proceeds of the Jonah Sale, and (c) one or more transactions to which it would contribute, for equity to an unrestricted Subsidiary or joint venture, certain of the Scoop / Stack Assets, the Merge Assets, and the Contributed Midstream Assets (as each such term is defined in Section 1 herein) (collectively, each of (a), (b), and (c) of the foregoing, the "Proposed Transactions").  
C.    WHEREAS, in connection with the Proposed Transactions, the Borrower has requested, and the Administrative Agent and the Lenders have agreed (subject to satisfaction of the Conditions Precedent to First Amendment (as defined herein)), to amend certain provisions of the Credit Agreement. 
D.    WHEREAS, the Obligors also plan to sell certain Oil and Gas Properties as more fully set forth in Section 3.2 of this First Amendment and propose that the Administrative Agent and the Lenders consent to and agree in advance of each such Sale to reductions to the Borrowing Base to be attributed to each such Sale, and the Administrative Agent and the Lenders 

1

are amenable to setting such reductions in advance on the terms and conditions as set forth herein.
E.    WHEREAS, the Obligors have informed the Administrative Agent and the Lenders that they require additional time to obtain certain of the Swap Agreements required by Section 8.16 of the Credit Agreement, and the Administrative Agent and the Majority Lenders are willing to consent to an extension on the terms and conditions as set forth herein.
F.    NOW, THEREFORE, to induce the Obligors, the Administrative Agent, and the Lenders to enter into this First Amendment and in consideration of the premises and the mutual covenants herein contained, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
Section 1.    Amendments to Credit Agreement.
1.1    Amendment to Section 1.02.
(a)    Section 1.02 is hereby amended to delete the following defined terms: "Term Loan Notes." 
(b)    Section 1.02 is hereby amended (a) with respect to each defined term below that is defined in Section 1.02, deleting such defined term from such Section 1.02 and replacing it with the analogous term below and (b) with respect to each defined term below that is not in Section 1.02, adding such defined term to such Section 1.02 in the appropriate alphabetical order thereto:
""Agreement" means this Credit Agreement, as amended by the First Amendment and Consent to Credit Agreement, dated May 31, 2017 ("First Amendment"), as the same may from time to time be amended, restated, amended and restated, supplemented or otherwise modified."
""Available Cash" means an aggregate amount equal to, calculated beginning as of April 1, 2017 and calculated without duplication,  EBITDA for all periods ended after April 1, 2017 for which financial statements have been delivered pursuant to Section 8.01(a) or Section 8.01(b) hereunder, less interest paid for such periods less tax expense during such periods, including the aggregate amount of all Restricted Payments made pursuant to Section 9.04(a)(iii)(A) and Section 9.04(a)(iv) during such periods less any add-backs taken under clause (b)(vii) or clause (b)(viii) of the definition of EBITDA during such periods, in each case, to the extent added back to EBITDA, less the aggregate amount of all Investments made pursuant to Section 9.05(g)(v) in reliance on the basket available under Section 9.04(a)(vi), less the aggregate amount of all Restricted Payments made pursuant to Section 9.04(a)(vi), without duplication of those made pursuant to Section 9.05(g)(v). For purposes of calculating Available Cash, EBITDA shall be determined as set forth in this Agreement and EBITDA and all adjustments discussed in this definition of Available Cash shall be calculated on a non-annualized basis utilizing only Financial Statements delivered to the Administrative Agent pursuant to 

2

Section 8.01(a) or Section 8.01(b), in each case, together with the certificate required by Section 8.01(c)."
""Consolidated Net Income" means with respect to Holdings and its Consolidated Subsidiaries, for any period, the aggregate of the net income (or loss) of Holdings and the Consolidated Subsidiaries after allowances for taxes for such period determined on a consolidated basis in accordance with GAAP; provided, that there shall be excluded from such net income (to the extent otherwise included therein) the following (without duplication): (a) the net income of any Unrestricted Subsidiary, Permitted Joint Venture, or other Person  in which Holdings or a Consolidated Subsidiary has an interest (which interest does not cause the net income of such other Person to be consolidated with the net income of Holdings and the Consolidated Subsidiaries in accordance with GAAP), except to the extent of the amount of dividends or distributions actually paid in cash during such period by such other Person to Holdings or to a Consolidated Subsidiary, as the case may be; (b) the net income (but not loss) during such period of any Consolidated Subsidiary to the extent that the declaration or payment of dividends or similar distributions or transfers or loans by that Consolidated Subsidiary is not at the time permitted by operation of the terms of its charter or any agreement, instrument, or Governmental Requirement applicable to such Consolidated Subsidiary or is otherwise restricted or prohibited, in each case determined in accordance with GAAP; (c) any extraordinary gains or losses during such period; (d) non-cash gains, losses, or adjustments under FASB Statement No. 133 as a result of changes in the fair market value of derivatives; (e) any gains or losses attributable to write-ups or write-downs of assets, including ceiling test write-downs; and (f) non-cash share-based payments under FASB Statement No. 123R; and provided, further, that if Holdings or any Consolidated Subsidiary shall acquire or dispose of any Property during such period, then Consolidated Net Income shall be calculated after giving pro forma effect to such acquisition or disposition, as if such acquisition or disposition had occurred on the first day of such period."
""Consolidated Subsidiary" means each Restricted Subsidiary of Holdings (whether now existing or hereafter created or acquired) the financial statements of which are (or should be) consolidated with the financial statements of Holdings in accordance with GAAP; provided, that, for the avoidance of doubt, Unrestricted Subsidiaries and Permitted Joint Ventures are excluded from this definition of Consolidated Subsidiary."
""Contributed Midstream Assets" means the Chisolm Trail Refrigeration Plant and other gathering, processing and compression facilities located in the Merge play in Central Oklahoma."  
""Current Assets" means, as of any date of determination, without duplication, the sum of all amounts that would, in accordance with GAAP, be set forth opposite the caption "total current assets" (or any like caption) on a consolidated balance sheet of Holdings and its Consolidated Subsidiaries at such 

3

date, plus the unused Commitments, but excluding all non-cash assets under FASB ASC Topic 815."
""Current Liabilities" means, as of any date of determination, without duplication, the sum of all amounts that would, in accordance with GAAP, be set forth opposite the caption "total current liabilities" (or any like caption) on a consolidated balance sheet of Holdings and its Consolidated Subsidiaries on such date, but excluding (a) all non-cash obligations under FASB ASC Topic 815 and (b) the current portion of the Loans under this Agreement."
""Current Ratio" means, with respect to Holdings and its Consolidated Subsidiaries for any date of determination, the ratio of (a) Current Assets as of the last day of the most recently ended Fiscal Quarter (which may be such date of determination) to (b) Current Liabilities on such day."
""Domestic Subsidiary" means any Subsidiary (whether a Restricted Subsidiary or an Unrestricted Subsidiary) that is organized under the laws of the United States of America or any state thereof or the District of Columbia."
""EBITDA" means, for any period, on a consolidated basis for Holdings and its Consolidated Subsidiaries, (a) Consolidated Net Income for such period plus (b) the following expenses or charges to the extent deducted in the calculation of Consolidated Net Income for such period: (i) exploration expenses, (ii) Interest Expense, (iii) income or franchise taxes, (iv) depreciation, depletion, amortization and other non-cash charges and losses, (v) documented and reasonable non-Affiliate third party fees, costs and expenses paid for attorneys, accountants, bankers and other advisors incurred in connection with (x) sales of Property or (y) issuance of Equity Stock by the Borrower, Parent, or Holdings, including without limitation thereof, an initial public offering, in each case to the extent such non-Affiliate third party fees, costs and expenses are fully paid from the gross proceeds of such (x) sales of Property or (y) issuance of Equity Stock by the Borrower, Parent, or Holdings; (vi) any losses from an early unwind of any Swap Agreement; (vii) costs, expenses and charges incurred in connection with the Permitted Transactions; and (viii) fees and expenses incurred during such period pursuant to the Chapter 11 plan of reorganization, and any restructuring, severance, termination and other costs, expenses or charges incurred in connection with the acquisition or disposition of any assets, entity or line of business permitted hereunder, the closure or consolidation of facilities, the termination or modification of contracts or any benefit or employee plans, minus (c) the following income or gains to the extent included in the calculation of Consolidated Net Income for such period: (i) all interest income, (ii) all non-cash income and gains, (iii) all cancellation of debt income and (iv) any gains from an early unwind of any Swap Agreement; provided, that aggregate amount of all add-backs described in clauses (vii) and (viii) above shall constitute no more than ten percent (10%) in the aggregate of EBITDA for any four quarter testing period and in each case shall have been incurred during such measurement period ending on or prior to March 31, 2018; provided, further, that, other than for purposes of 

4

calculating Available Cash, if the Borrower or any Consolidated Subsidiary shall acquire or dispose of any Property (including Equity Interests of a Subsidiary or any Permitted Transaction) during such period, then, to the extent not reflected in the pro forma calculation of Consolidated Net Income, EBITDA shall be calculated after giving pro forma effect to such acquisition or disposition, as if such acquisition or disposition had occurred on the first day of such period; provided, further that no such pro forma calculation shall be required for acquisitions or dispositions, in the ordinary course of business that in the aggregate are less than the lesser of (x) $50,000,000 and (y) five percent (5%) of the Borrowing Base; provided, further, for the first three full fiscal quarters after the First Amendment Effective Date (other than for purposes of calculating Available Cash), EBITDA shall be calculated on an annualized basis as follows: (1) for fiscal quarter ending June 30, 2017, EBITDA shall be calculated as EBITDA for fiscal quarter ending June 30, 2017 times 4, (2) for fiscal quarter ending September 30, 2017, EBITDA shall be calculated as EBITDA for fiscal quarters ending June 30, 2017 and September 30, 2017  times 2 and (3) for fiscal quarter ending December 31, 2017, EBITDA shall be calculated as EBITDA for fiscal quarters ending June 30, 2017, September 30, 2017 and December 31, 2017 times four-thirds."
""Financial Statements" means as of the date specified for delivery in accordance with Section 6.01 or Section 8.01, each of (a) the consolidated pro forma fresh start accounting balance sheet of Obligors, (b) the consolidated fresh start accounting balance sheet of the Obligors, (c) each consolidated and consolidating balance sheet and related statements of operations, cash flows, and as applicable, member's or shareholder's equity, as at the applicable reporting period end, in each case, as set forth in Sections 8.01(a) and (b) for Holdings and its Consolidated Subsidiaries."
""First Amendment" means that certain First Amendment and Consent dated as of May 31, 2017."
""First Amendment Effective Date" means May 31, 2017."
""Foreign Subsidiary" means any Subsidiary (whether a Restricted Subsidiary or an Unrestricted Subsidiary) that is not a Domestic Subsidiary."
""Leverage Ratio" means, on any date of determination, the ratio of (a) Total Net Debt as of such date to (b) EBITDA for the twelve month period ending on such date of determination or, if applicable, the annualized amount calculated in accordance with the definition of "EBITDA" for the first three quarters following the First Amendment Effective Date."
""Merge Assets" means Oil and Gas Properties located in the Merge play in Central Oklahoma, primarily in southern Canadian and northern Grady counties."

5

""Non-Conforming Period Termination Date" means the First Amendment Effective Date." 
""Notes" means the Revolving Loan Notes."
""Permitted Joint Venture" means a Joint Venture structured as a limited liability company or a corporation that (a) is not controlled by an Obligor, and (b) receives a contribution of all or a substantial part of the (i) the Merge Assets, (ii) the Scoop/Stack Assets, and/or (iii) Contributed Midstream Assets in a Permitted Transaction."
""Permitted Transaction" means any transaction otherwise permitted by this Agreement occurring on or before April 1, 2018 whereby the applicable Obligor contributes to either (a) a Permitted Joint Venture or (b) pursuant to Section 9.18 any newly formed Unrestricted Subsidiary all or substantially all of any of (a) the Merge Assets, (b) the Scoop/Stack Assets and/or (c) the Contributed Midstream Assets; provided, however, that such contribution may be made only if, at the time of entering into the definitive documentation for such Permitted Transaction, there shall not exist, occur or be continuing any Default or Event of Default; provided, further, that the terms of such documentation shall not result in a Default or Event of Default."
""Restricted Payment" means any dividend or other distribution (whether in cash, securities or other Property) with respect to any Equity Interests in the Obligors or their respective Subsidiaries, 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 in the Obligors or their respective Subsidiaries or any option, warrant or other right to acquire any such Equity Interests in the Obligors or their respective Subsidiaries; or any Investment in an Unrestricted Subsidiary or Permitted Joint Venture, other than a Permitted Transaction."
""Restricted Subsidiary" means any Subsidiary of the Borrower that is not an Unrestricted Subsidiary."
'"Scoop / Stack Assets" means Oil and Gas Properties located in the STACK play in North Western Oklahoma, north of the Merge, primarily in Blaine and Major counties."  
""Subsidiary" of a Person means (a) a corporation, partnership, joint venture, limited liability company or other business entity of which Equity Interests representing more than 50% of the ordinary voting power to elect a majority of the board of directors, managers or other governing body (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) are at the time owned or controlled by such Person or one or more 

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of its Subsidiaries or by such Person and one or more of its Subsidiaries, and (b) any partnership of which such Person or any of its Subsidiaries is a general partner. Unless otherwise indicated herein, each reference to the term "Subsidiary" means a Restricted Subsidiary or Foreign Subsidiary of the Obligors and does not include an Unrestricted Subsidiary.  
""Subsidiary Guarantor" means each direct and indirect subsidiary of Borrower that is a Restricted Subsidiary."
""Term Lenders" as of the First Amendment Effective Date there are no Term Lenders."
""Term Loan Commitment" as of the First Amendment Effective Date there are no Term Loan Commitments outstanding."
""Term Loans" as of the First Amendment Effective Date there are no Term Loans outstanding."
""Unrestricted Subsidiary" means any Subsidiary of the Borrower that is a limited liability company or a corporation designated as an Unrestricted Subsidiary from time to time in writing to the Administrative Agent to be an Unrestricted Subsidiary pursuant to Section 9.18."
1.2    Amendment to Articles VII, VIII, XI, and XII.  To the extent not otherwise amended herein, each of Sections 7.06, 7.08, 7.09, 7.23 and 7.24, Sections 8.01(q), 8.02, 8.04, and 8.14, Article XI, Article XII (other than Sections 12.02, 12.08, 12.11, and 12.14) are hereby amended to change each reference to the respective "Subsidiary" or "Subsidiaries" of an Obligor to read as a "Subsidiary and Unrestricted Subsidiary" or "Subsidiaries and Unrestricted Subsidiaries," or "Subsidiary or Unrestricted Subsidiary" or "Subsidiaries or Unrestricted Subsidiaries," as the context requires.
1.3    Section 2.09.  Consistent with the indefeasible payment in full of the Term Loans, the text of Section 2.09 of the Credit Agreement is hereby deleted in its entirety and replaced with the following:
"2.09    Term Loans.  
(a)    Funding of Term Loans.  As of the First Amendment Effective Date, there are no Term Loan Lenders.
(b)    Loans and Borrowings.  As of the First Amendment Effective Date, there are no Term Loans outstanding, all Term Loan Commitments have been terminated.
(c)    Requests for Borrowing.  Requests for Term Loan Borrowings are not permitted from and after the First Amendment Effective Date."

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1.4    Amendment to Section 7.14.  Section 7.14 is hereby amended by adding the following to the end of the first sentence thereof following the words "indirect Subsidiaries," ", Unrestricted Subsidiaries or Permitted Joint Ventures."
1.5    Amendment to Section 9.01.
(a)    Section 9.01(b) is hereby amended by deleting such Section in its entirety and replacing it with:
"(b)    Maximum Leverage Ratio.  Beginning with fiscal quarter ending September 30, 2017, the Obligors will not permit the Leverage Ratio for Holdings and its Consolidated Subsidiaries as at the last date of such applicable period then ended to exceed 4.00 to 1.00."
(b)    Section 9.01 is hereby further amended by adding a new subparagraph (c) as follows:

"(c)    Current Ratio.  Beginning with the fiscal quarter ending September 30, 2017, the Obligors will maintain a Current Ratio for Holdings and its Consolidated Subsidiaries of not less than 1.00 to 1.00, to be measured as of the last day of any fiscal quarter for the trailing twelve month period then ended."

1.6    Amendment to Section 9.04.  Section 9.04(a) is hereby amended as follows:
(a)    Delete Section 9.04(a)(vi) in its entirety and replace it with the following:
"(vi)    so long as (A) no Borrowing Base Deficiency, Default or Event of Default has occurred and is continuing or would result therefrom, (B) on a pro forma basis after giving effect thereto, the Leverage Ratio shall be less than 2.50 to 1.00 and (C) on a pro forma basis after giving effect thereto, the amount available for borrowing under the Borrowing Base shall not be less than twenty percent (20%) of the Borrowing Base then in effect, the Borrower may (x) declare and pay dividends or distributions to Parent and each Parent Guarantor may declare and pay dividends or distributions ratably with respect to its Equity Interests and (y) make Investments pursuant to Section 9.05(g)(v) in an aggregate amount for all Investments pursuant to Section 9.04(a)(viii) and this Section 9.04(a)(vi) not to exceed $40,000,000 in the aggregate and amounts available for Restricted Payments under this Section 9.04(a)(vi) shall be reduced by the amount of such Investments; provided, that upon depletion of the amounts permitted for stock repurchases in clause (viii) of this Section 9.04(a), repurchases of Equity Interests shall be permitted subject to the same conditions and limitations set forth for dividends or distributions herein; provided, further, that any such Investments, Equity Interest repurchases, dividends or distributions shall only be paid, if 

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otherwise permitted, in an aggregate amount not to exceed Available Cash."

(b)    Add a new Section 9.04(a)(viii) as  follows:

"(viii)    so long as no Event of Default has occurred and is continuing or would result therefrom, the Borrower or any Subsidiary may, in good faith, pay (or make Restricted Payments to allow any Obligor that is a direct or indirect parent thereof to pay or make Restricted Payments and each such Obligor that is a direct or indirect parent thereof may make such Restricted Payments) for (x) dividends or distributions ratably to all holders of Equity Interests, (y) the repurchase, retirement or other acquisition or retirement for value of Equity Interests of it or any direct or indirect parent thereof, or (z) to make an Investment permitted pursuant to Section 9.05(g)(v), in an aggregate amount not-to-exceed $75,000,000 during the term of this Agreement; provided, that not more than $40,000,000 of such amount shall be used for Investments made pursuant to Section 9.05(g)(v) and amounts available for other Restricted Payments under this Section 9.04(a)(viii) shall be reduced by the amount of such Investments; provided, further, that the aggregate amount of all Investments pursuant to this Section 9.04(a)(viii) and Section 9.04(a)(vi) shall not exceed $40,000,000 in the aggregate; provided, further, that from and after May 31, 2018, any such Investments or Restricted Payments will only be permitted so long as (A) no Default or Event of Default has occurred and is continuing or would result therefrom, (B) on a pro forma basis after giving effect thereto, the Leverage Ratio shall be less than 2.50 to 1.00 and (C) on a pro forma basis after giving effect thereto, the amount available for borrowing under the Borrowing Base shall not be less than twenty percent (20%) of the Borrowing Base then in effect."

1.7    Amendment to Section 9.05.  Section 9.05 is hereby amended as follows:
(a)    Section 9.05(f) of the Credit Agreement is amended to delete the text "[Reserved]." and replace it with the following:
"(f)    Investments represented by Equity Interests received in a Permitted Transaction."
(b)    Section 9.05(g) is amended to delete the full text in such section in its entirety and replace it with the following:
"(g)    Investments (i) directly or indirectly by the Parent or Holdings in the Borrower or any Guarantor; (ii) made by the Borrower in or to any other Subsidiary Guarantor, (iii) made by any Subsidiary that is a Guarantor in or to any other Subsidiary that is a Guarantor,  (iv) made by any Subsidiary that is not a Guarantor to any other Subsidiary that is not a Guarantor; and (v) made by the Borrower or any Guarantor in or to any 

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Unrestricted Subsidiaries or Permitted Joint Ventures which are not Guarantors which do not at any time exceed $40,000,000 in the aggregate; provided, that such Investment in Unrestricted Subsidiaries or Permitted Joint Ventures which are not Guarantors is funded solely from Available Cash from funds that would otherwise be permitted to be used for Restricted Payments pursuant to Section 9.04(a)(vi) or funds that would otherwise be permitted to be used for Restricted Payments pursuant to Section 9.04(a)(viii)."
1.8    Amendment to Section 9.10.  Section 9.10 of the Credit Agreement is hereby amended to delete the word "and" appearing before sub-clause (e) and immediately following sub-clause (e) to insert ", and (f) Obligors and their Subsidiaries may engage in any Permitted Transaction."
1.9    Amendment to Section 9.11.  Section 9.11 of the Credit Agreement is hereby amended as follows:
(a)    Delete Section 9.11(d) in its entirety and replace with the following: 
"(d)    Farm-outs of undeveloped acreage or acreage to which no Proved Reserves in which the Borrower or any Restricted Subsidiary has an interest are attributable and assignments in connection with such farm-outs (for purposes of this clause, farm-out means any contract whereby any Oil and Gas Property, or any interest therein, may be earned by one party, by the drilling or committing to drill one or more wells by that party, whether directly or indirectly);"
(b)    Delete Section 9.11(e) in its entirety and replace with the following:
"(e)    Any exchange or swap of assets; provided, that (A) such exchange or swap is for cash and Oil and Gas Property located in the United States and (B) such consideration received in respect of such exchange or swap is equal to or greater than the fair market value of the Property subject of such exchange or swap (as determined in good faith by a Financial Officer); provided, further, that if the Property exchanged or swapped constitutes Oil and Gas Property to which Proved Reserves are attributable, in addition to the foregoing requirements, such exchange or swap shall be subject to compliance with the applicable borrowing base redetermination and mandatory prepayment provisions of Section 2.07(g)(ii) and Section 3.04(c)(vi), in each case, to the same extent as those set forth with respect to Section 9.11(b)(iv) and, assuming for purposes of each Sale that is an exchange of Oil and Gas Properties to which Proved Reserves are attributable, that the Net Cash Proceeds received on account thereof equal the value assigned to the Oil and Gas Properties to which Proved Reserves are attributable that are being disposed of pursuant to such Sale (as determined in good faith by the Administrative Agent); and"

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(c)    Add a new Section 9.11(f) immediately following Section 9.11(e) that reads in entirety as follows:
"(f)    Any Permitted Transaction."
1.10    Amendment to Section 9.18.  Section 9.18 of the Credit Agreement is hereby amended by deleting such section in its entirety and replacing it with the following: 
"Section 9.18  Designation and Conversion of Restricted and Unrestricted Subsidiaries; Debt of Unrestricted Subsidiaries.
(a)    Unless designated as an Unrestricted Subsidiary in a writing delivered to the Administrative Agent in accordance with Section 12.01 in compliance with Section 9.18(b), any Person that is a Subsidiary on the First Amendment Effective Date or becomes a Subsidiary of the Borrower or any of its Subsidiaries thereafter shall be classified as a Restricted Subsidiary and shall be or become an Obligor in accordance with Section 8.13.
(b)    Except as otherwise provided herein, and subject to the requirements of this Section 9.18(b), the Borrower may designate any newly formed or newly acquired Subsidiary as an Unrestricted Subsidiary in connection with a Permitted Transaction by written notification thereof delivered to the Administrative Agent prior to such formation or acquisition and certification by a Responsible Officer that the conditions of this Section 9.18(b) have been satisfied and upon the receipt by the Administrative Agent of such notice, such Subsidiary shall be an Unrestricted Subsidiary; provided, however, that such election may be made only if immediately prior to and after giving effect, to such designation, there shall not exist, occur or be continuing any Default or Event of Default and such designation is an Investment in an Unrestricted Subsidiary permitted to be made at the time of such designation under Section 9.05(f) or Section 9.05(g)(v).  
(c)    So long as (x) no Default or Event of Default is continuing or would be caused by the redesignation, and (y) no Borrowing Base Deficiency would result from the redesignation (unless such redesignation is accompanied by a repayment eliminating such Borrowing Base Deficiency), any Unrestricted Subsidiary may be redesignated as a Restricted Subsidiary at any time."
1.11    Amendment to Section 9.21.  Section 9.21 of the Credit Agreement is hereby amended by deleting such section in its entirety and replacing it with the following:

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"Section 9.21. Certain Restrictions with respect to Permitted Transactions, Unrestricted Subsidiaries and Permitted Joint Ventures.  
(a)    Notwithstanding any other provision in this Agreement to the contrary, if an applicable Permitted Transaction has not occurred on or prior to December 31, 2017, then from January 1, 2018 through and including the earliest to occur of (x) April 1, 2018, (y) the date the applicable Permitted Transaction occurs and (z) the date the Borrower delivers a written notice to the Administrative Agent that such Permitted Transaction will not occur and is being abandoned (such earliest date, the "Option Termination Date"), the Obligors will not, and will not permit any of their respective Subsidiaries to invest or otherwise fund any operations, maintenance or other improvement of (a) the Merge Assets, (b) the Scoop/Stack Assets and/or (c) the Contributed Midstream Assets, using the proceeds of the Loans, cash constituting Collateral of the Lenders or proceeds of Collateral; provided, that until the Option Termination Date, so long as (A) no Borrowing Base Deficiency, Default or Event of Default has occurred and is continuing or would result therefrom, (B) on a pro forma basis after giving effect thereto, the Leverage Ratio shall be less than 2.50 to 1.00 and (C) on a pro forma basis after giving effect thereto, the amount available for borrowing under the Borrowing Base shall not be less than twenty percent (20%) of the Borrowing Base then in effect, the Borrower may fund any investment, operating or maintenance cost associated with such assets from such sources, in each case, subject to all other restrictions set forth in this Agreement and subject to the Collateral requirements herein and in the other Loan Documents.
(b)    Notwithstanding any other provision in this Agreement to the contrary, none of the Obligors shall make any Investment in any Unrestricted Subsidiary or Permitted Joint Venture; provided, that Obligors may make Investments in any Unrestricted Subsidiary or Permitted Joint Venture to the extent expressly permitted by Section 9.05(g)(v) utilizing proceeds permitted by Section 9.04(a)(vi) and Section 9.04(a)(viii) in an aggregate amount not to exceed $40,000,000.
(c)    Notwithstanding any other provision in this Agreement to the contrary, the Obligors: 
		
	(i)
	will cause the management, business and affairs of its Unrestricted Subsidiaries to be conducted in such a manner, including, without limitation, by keeping separate books of account, furnishing separate financial statements of Unrestricted Subsidiaries or Permitted Joint Ventures to creditors and potential creditors thereof and shall not permit Properties of Obligors and their respective Restricted Subsidiaries to be commingled with Properties of Unrestricted Subsidiaries; in each case, so that each Unrestricted Subsidiary and Permitted Joint Venture that is a corporation will be 
 

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treated as a corporate entity separate and distinct from Obligors and their respective Restricted Subsidiaries;
		
	(ii)
	will not, and will not permit any of their Restricted Subsidiaries to, incur, assume, guarantee or be or become liable for any Debt of any of the Unrestricted Subsidiaries or Permitted Joint Ventures;

		
	(iii)
	will not permit any Unrestricted Subsidiary or Permitted Joint Venture to hold any Equity Interest in, or any Debt of, the Borrower or any other Obligor; and

		
	(iv)
	will not engage in any transactions with, or permit any of their respective Unrestricted Subsidiary or Permitted Joint Venture to engage in any transactions with any Obligor other than transactions that are entered into on an arm's length basis on terms no less favorable to the Obligors than would be obtained from or with another party that is not affiliated with the Obligors."

1.12    Amendment to Section 12.20(b).  Section 12.20(b) of the Credit Agreement is hereby amended by inserting “or pursuant to a Permitted Transaction” immediately following the parenthetical that reads “(other than any sale, transfer, conveyance, transfer of other disposition to the Borrower or another Guarantor)” and immediately before the “,”.
1.13    Amendment to Annex III.  The body of Annex III is deleted in its entirety and replaced with the following:  "As of the First Amendment Effective Date, there are no Term Loans outstanding, all Term Loan Commitments have been terminated and there are no Term Loan Lenders."
Section 2.    Conforming Amendments to Guaranty Agreement, Security Agreement and Pledge Agreement.  
2.1    Security Agreement.  The Security Agreement is hereby amended to add to the definition of "Excluded Property" following clause (e)(iii), "or (iv) the Equity Interests issued by, and the Property owned by, any Unrestricted Subsidiary or Permitted Joint Venture only in connection with a Permitted Transaction" and to delete the word "or" immediately prior to clause (iii). 
2.2    Pledge Agreement.  The Pledge Agreement is hereby amended to:  add to the definition of "Excluded Property" following the word "Borrower" at the end of such definition, "or the Equity Interests issued by any Unrestricted Subsidiary or Permitted Joint Venture only in connection with a Permitted Transaction."
2.3    Guaranty Agreement. In the Guaranty Agreement, Section 17 is hereby amended to change each reference to the respective "Subsidiary" or "Subsidiaries" of an Obligor to read as a "Subsidiary and Unrestricted Subsidiary" or "Subsidiaries and Unrestricted Subsidiaries," as the context requires.

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Section 3.    Consents.
3.1    Swap Agreements.  The Administrative Agent and the Majority Lenders, hereby agree to extend the deadline set forth in Section 8.16 of the Credit Agreement for entering into natural gas Swap Agreements for calendar year 2019 from 120 days following the Effective Date to October 1, 2017; provided, that such extension shall only be operative so long as, the Borrower has entered into Swap Agreements which cover all other required volumes under Section 8.16.  The Borrower and each other Obligor hereby represents and warrants that all other Swap Agreements required by Section 8.16 are in full force and effect on the First Amendment Effective Date.
3.2    Consent to Borrowing Base Adjustments.
(a)    The Oil and Gas Properties referenced in Sections 3.2(b)(1)-(6) below are those described in the public sales and marketing materials for the corresponding Sale of Oil and Gas Properties as previously disclosed in Holdings’ Form 8-K filing dated March 3, 2017, and those teaser marketing materials separately provided by the Borrower to the Administrative Agent in connection with this First Amendment (which such teaser marketing materials are available from the Administrative Agent on request.
(b)    The Borrowing Base reductions required pursuant to Section 2.07 of the Credit Agreement pursuant to a Sale of the Oil and Gas Properties set forth below shall be in the amount set forth for each such Oil and Gas Property below and shall be effective immediately upon closing of each such respective Sale.  There shall be no further adjustment of the Borrowing Base in connection with each such Sale; provided, that each reduction set forth below shall only be effective with respect to Sales of the below listed Properties occurring prior to October 1, 2017, and thereafter any required adjustments shall be as set forth in the Credit Agreement.  For the avoidance of doubt, the security interest in the below listed assets in favor of the Administrative Agent for the benefit of the Lenders and the Administrative Agent shall remain in full force and effect and shall not be released until the applicable Sale occurs and any applicable payments required pursuant to Section 3.04(c)(vi) of the Credit Agreement have been made contemporaneously with such Sale. The Borrowing Base adjustments for each respective Sale of Oil and Gas Properties set forth below shall be as follows:
(1)    South Texas assets: $30,000,000; 
(2)    Brea Olinda Field, California assets: $95,000,000;
(3)    Kern County, California assets (the “Hill” assets): $110,000,000;
(4)    Salt Creek Field, Wyoming assets: $35,000,000; 
(5)    Williston Basin, North Dakota assets: $110,000,000; and 
(6)    Permian Basin, Texas assets: $90,000,000. 

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(c)    New Borrowing Base Notice. This Section 3.2 constitutes a New Borrowing Base Notice in accordance with Section 2.07 of the Credit Agreement with respect to each Borrowing Base adjustment made pursuant to a Sale of each of the Oil and Gas Properties set forth above in Sections 3.2(b)(1)-(6) to the extent such Sale occurs prior to October 1, 2017.
(d)    Consent to Borrowing Base Reduction. From and after the Non‐Conforming Period Termination Date until the next redetermination or adjustment pursuant to the Credit Agreement, the Non-Conforming Borrowing Base shall be terminated pursuant to the terms of Section 2.07(a) and each of the Administrative Agent, the Required Revolving Lenders and the Obligors hereby consent that the Borrowing Base shall be equal to $1,000,000,000.  This Section 3.2 constitutes a New Borrowing Base Notice in accordance with Section 2.07 of the Credit Agreement with respect to such reduction.
(e)    Consent to early additional Borrowing Base Redetermination.  The Borrower and each other Obligor hereby consents to a Borrowing Base Redetermination to occur on October 1, 2017.  In connection with such Borrowing Base Redetermination, the Obligors covenant and agree that they will comply with Section 8.11, Section 8.12 and Section 8.13 in all respects as if such voluntary Borrowing Base Redetermination were a Scheduled Redetermination.  In addition, the Borrower and the Obligors agree that upon request of the Required Revolving Lenders, if all of the Permitted Transactions have not occurred on or before October 1, 2017, the Administrative Agent may request an additional Borrowing Base Redetermination.
Section 4.    Representations and Warranties:  To induce Administrative Agent and the Lenders to enter into this First Amendment, each Obligor hereby represents and warrants to the Administrative Agent and the Lenders as of the date hereof, after giving effect to the terms of this First Amendment:
4.1    that the execution, delivery and performance of this First Amendment has been duly authorized by all requisite corporate action on the part of each Obligor, and that this First Amendment has been duly executed and delivered by such Obligor and is enforceable in accordance with its terms, except as enforceability may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally at law or by equitable principles relating to enforceability;
4.2    all of the representations and warranties contained in each Loan Document to which it is a party are true and correct in all material respects (except those which have a materiality qualifier, which shall be true and correct as so qualified), except to the extent any such representations and warranties are expressly limited to an earlier date, in which case, such representations and warranties shall continue to be true and correct as of such specified earlier date;
4.3    no Default or Event of Default has occurred and is continuing; and

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4.4    no event or events have occurred which individually or in the aggregate could reasonably be expected to have a Material Adverse Effect.
Section 5.    Conditions Precedent to First Amendment.  Notwithstanding anything to the contrary contained herein, the effective date of this First Amendment is subject to the satisfaction of the following conditions precedent (collectively, the "Conditions Precedent to First Amendment"), or waiver in accordance with Section 12.02 of the Credit Agreement, in each case, in form and substance satisfactory to the Administrative Agent:
5.1    Jonah Sale.  The Borrower shall have provided evidence reasonably satisfactory to the Administrative Agent and the Lenders that the Jonah Sale has occurred.
5.2    Loan Payments.  The Borrower shall have caused the Net Cash Proceeds of the Jonah Sale in an aggregate amount not less than $500 million: (a) to pay the outstanding principal and accrued but unpaid interest then due and payable on the Term Loan, until the Term Loan has been indefeasibly paid in full; and (b) to pay the outstanding principal and accrued but unpaid interest then due and payable on the Revolving Loan to the full extent of the remaining Net Cash Proceeds of the Jonah Sale.
5.3     Fees and Expenses.  The Administrative Agent shall have received payment in full of (a) the fees set forth in the First Amendment Fee Letter (as defined in Section 6 below), together with all fees and other amounts associated with the transactions contemplated by this First Amendment; and (b) reimbursement or payment of all out-of-pocket expenses required to be reimbursed or paid by the Borrower in accordance with Section 12.03 of the Credit Agreement.
5.4    Solvency Certificate. The Administrative Agent shall have received a Solvency Certificate from a Financial Officer of the Borrower certifying that (a) the Borrower and (b) the Borrower and the other Obligors, taken as a whole, are Solvent.
5.5    Execution and Delivery.  The Administrative Agent shall have received from Lenders constituting Required Revolving Lenders, the Borrower and the Guarantors, counterparts (in such number as may be requested by the Administrative Agent) of this First Amendment duly executed on behalf of each such Person.
The Administrative Agent is hereby authorized and directed to declare this First Amendment to be effective when it has received documents confirming or certifying, to the satisfaction of the Administrative Agent, compliance with the Conditions Precedent to First Amendment or the waiver of such conditions as permitted in Section 12.02 of the Credit Agreement.  Such declaration shall be final, conclusive and binding upon all parties to the Credit Agreement for all purposes.
Section 6.    Miscellaneous.
6.1    Loan Document.  This First Amendment is a Loan Document.
6.2    Payment of Amendment Fees and Expenses.

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(a)    In addition to expenses described in subparagraph (b) to this Section 6.2, the Borrower shall pay to the Administrative Agent the fees set forth in a fee letter dated as of even date with this First Amendment ("First Amendment Fee Letter").  Such fees shall be fully due and payable on the First Amendment Effective Date and shall be fully earned and non-reimbursable when paid.
(b)    In accordance with Section 12.03 of the Credit Agreement, the Borrower agrees to pay or reimburse the Administrative Agent for all of its reasonable out-of-pocket costs and reasonable expenses incurred in connection with this First Amendment, any other documents prepared in connection herewith and the transactions contemplated hereby, including, without limitation, the reasonable fees and disbursements of counsel to the Administrative Agent.
6.3    Ratification and Affirmation.  Each of the Borrower and the Guarantors hereby (a) acknowledges the terms of this First Amendment; (b) ratifies and affirms (i) its obligations under, and acknowledges its continued liability under, each Loan Document to which it is a party and agrees that each Loan Document to which it is a party remains in full force and effect as expressly amended hereby, and (ii) that the Liens created by the Loan Documents to which it is a party are valid and continuing and secure the Indebtedness in accordance with the terms thereof, after giving effect to this First Amendment. 
6.4    Release. Borrower and each other Obligor hereby releases and discharges Administrative Agent, Lenders and their respective directors, officers, employees, agents, advisors and each of their respective Affiliates (each a "Releasee" and collectively the "Releasees"), from any and all actual or potential claims of any kind whatsoever related to or arising out of the Credit Agreement, as amended hereby, the other Loan Documents, as amended hereby, or the transactions contemplated thereby, which any Borrower and/or any Obligor has had, now has or has made claim to have against any Releasee for or by reason of any act, omission, or thing whatsoever (each a "Claim" and collectively, "Claims") arising at any point through and including the First Amendment Effective Date, other than any and all Claims, rights and defenses or causes of action relating to any lawsuits pending as of the First Amendment Effective Date, any Claims arising from actual fraud, gross negligence, or willful misconduct of such Releasee, and any Claims arising from any Releasee's obligations under this First Amendment.
6.5    The execution, delivery and effectiveness of this First Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor, except as expressly provided herein, constitute a waiver or amendment of any provision of any of the Loan Documents.
6.6    Construction.  Section or paragraph headings or captions used in this First Amendment are for convenience only, and shall not affect the construction of any provision contained in this First Amendment.  Rules of construction contained in Section 1.04 of the Credit Agreement are incorporated herein by reference.

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6.7    Severability.  Any provision of this First Amendment which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.
6.8    Successors and Assigns.  This First Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.
6.9    Confirmation.  The provisions of the Credit Agreement, as amended by this First Amendment, shall remain in full force and effect following the effectiveness of this First Amendment.  Upon and after the execution of this First Amendment by each of the parties hereto, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other Loan Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as modified hereby.
6.10    Counterparts.  This First Amendment may be executed by one or more of the parties hereto in any number of separate counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of this First Amendment by facsimile transmission or other electronic delivery shall be effective as delivery of a manually executed counterpart hereof.
6.11    NO ORAL AGREEMENT.  THIS FIRST AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO SUBSEQUENT ORAL AGREEMENTS AMONG THE PARTIES.
6.12    GOVERNING LAW.  THIS FIRST AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF TEXAS.

[Remainder of Page Intentionally Left Blank - Signature Pages Follow]

18

IN WITNESS WHEREOF, the parties hereto have caused this First Amendment to be duly executed as of the date first written above.

	
			
	BORROWER:
	LINN ENERGY HOLDCO II LLC

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

	PARENT GUARANTOR:
	LINN ENERGY HOLDCO LLC

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

	PARENT GUARANTOR:
	LINN ENERGY, INC.

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

	SUBSIDIARY GUARANTORS:
	LINN OPERATING, LLC

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

	 
	LINN MIDSTREAM, LLC

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

[Signature Page to LINN First Amendment]

	
			
	 
	LINN ENERGY HOLDINGS, INC.

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

	 
	LINN MIDWEST ENERGY, LLC

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

	 
	LINN MARKETING, LLC

	 
	 

	 
	 

	 
	By:
	/s/  Candice J. Wells

	 
	 
	Name: Candice J. Wells

	 
	 
	Its: Senior Vice President, General Counsel and Corporate Secretary

	 
	 

[Signature Page to LINN First Amendment]

	
			
	 
	Wells Fargo Bank, N.A.

	 
	 

	 
	 

	 
	By:
	/s/ Patrick Fults

	 
	Name:
	Patrick Fults

	 
	Title:
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	Whitney Bank

	 
	 

	 
	 

	 
	By:
	/s/ Liana Tchernysheva

	 
	 
	Liana Tchernysheva

	 
	 
	Senior Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	PNC Bank, N.A.

	 
	 

	 
	 

	 
	By:
	/s/ John Ataman

	 
	Name:
	John Ataman

	 
	Title
	S.V.P.

[Signature Page to LINN First Amendment]

	
			
	 
	Societe Generale, as a Lender

	 
	 

	 
	 

	 
	By:
	/s/ Max Sonnonstine

	 
	Name:
	Max Sonnonstine

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	AG Energy Funding, LLC

	 
	 

	 
	 

	 
	By:
	/s/ Todd Dittmann

	 
	Name:
	Todd Dittmann

	 
	Title
	Authorized Person

[Signature Page to LINN First Amendment]

	
			
	 
	CITIZENS BANK, N.A.

	 
	 

	 
	 

	 
	By:
	/s/ David W. Stack

	 
	Name:
	David W. Stack

	 
	Title
	Senior Vice President

[Signature Page to LINN First Amendment]

	
				
	 
	BSP Special Situations Master A LP,

	 
	By:
	 Benefit Street Partners Special Situations GP L.P., its general partner

	 
	By:
	 Benefit Street Partners Special Situations Ultimate GP L.L.C., its general partner

	 
	 

	 
	 

	 
	By:
	/s/ Nina Baryski

	 
	Name:
	Nina Baryski

	 
	Title
	Authorized Signer

[Signature Page to LINN First Amendment]

	
			
	 
	SEI Energy Debt Fund, L.P,
By: Benefit Street Partners L.L.C., its Sub-Advisor

	 
	 

	 
	 

	 
	By:
	/s/ Nina Baryski

	 
	Name:
	Nina Baryski

	 
	Title
	Authorized Signer

[Signature Page to LINN First Amendment]

	
			
	 
	Canadian Imperial Bank of Commerce,
New York Branch

	 
	 

	 
	 

	 
	By:
	/s/ Charles D. Mulkeen

	 
	Name:
	Charles D. Mulkeen

	 
	Title
	Executive Director

[Signature Page to LINN First Amendment]

	
			
	 
	BP Energy Company

	 
	 

	 
	 

	 
	By:
	/s/ Timothy Yee

	 
	Name:
	Timothy Yee

	 
	Title
	Attorney-in-Fact

[Signature Page to LINN First Amendment]

	
			
	 
	Associated Bank, NA

	 
	 

	 
	 

	 
	By:
	/s/ Brett P. Stone

	 
	Name:
	Brett P. Stone

	 
	Title
	Senior Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	Royal Bank of Canada

	 
	 

	 
	 

	 
	By:
	/s/ Leslie P. Vowell

	 
	Name:
	Leslie P. Vowell

	 
	Title
	Attorney-in-Fact

[Signature Page to LINN First Amendment]

	
			
	 
	Morgan Stanley Bank, N.A.

	 
	 

	 
	 

	 
	By:
	/s/ Dmitriy Barskiy

	 
	Name:
	Dmitriy Barskiy

	 
	Title
	Authorized Signatory

[Signature Page to LINN First Amendment]

	
			
	 
	Toronto Dominion (New York) LLC

	 
	 

	 
	 

	 
	By:
	/s/ Annie Dorval

	 
	Name:
	Annie Dorval

	 
	Title
	Authorized Signatory

[Signature Page to LINN First Amendment]

	
			
	 
	KEYBANK NATIONAL ASSOCIATION

	 
	 

	 
	 

	 
	By:
	/s/ John Dravenstott

	 
	Name:
	John Dravenstott

	 
	Title
	Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	CARGILL, INCORPORATED

	 
	 

	 
	 

	 
	 
	DocuSigned by:

	 
	By:
	/s/ Tyler Smith

	 
	 
	3DEB5F5BE904411

	 
	Name:
	Tyler Smith

	 
	Title
	Authorized Signer

[Signature Page to LINN First Amendment]

	
			
	 
	SUNTRUST BANK

	 
	 

	 
	 

	 
	By:
	/s/ William S. Krueger

	 
	Name:
	William S. Krueger

	 
	Title
	First Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	COMPASS BANK

	 
	 

	 
	 

	 
	By:
	/s/ Rachel Festervand

	 
	Name:
	Rachel Festervand

	 
	Title
	Sr. Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	Banc of America Credit Products, Inc

	 
	 

	 
	 

	 
	By:
	/s/ Bryan Dodgins

	 
	Name:
	Bryan Dodgins

	 
	Title
	Officer

[Signature Page to LINN First Amendment]

	
			
	 
	Mizuho Bank Ltd.

	 
	 

	 
	 

	 
	By:
	/s/ Leon Mo

	 
	Name:
	Leon Mo

	 
	Title
	Authorized Signatory

[Signature Page to LINN First Amendment]

	
			
	 
	Bank of America, N.A.

	 
	 

	 
	 

	 
	By:
	/s/ Edna Aguilar Mitchell

	 
	Name:
	Edna Aguilar Mitchell

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	The Huntington National Bank

	 
	 

	 
	 

	 
	By:
	/s/ Stephen Hoffman

	 
	Name:
	Stephen Hoffman

	 
	Title
	Managing Director

[Signature Page to LINN First Amendment]

	
			
	 
	Credit Agricole Corporate and Investment Bank

	 
	 

	 
	 

	 
	By:
	/s/ Kathleen Sweeney

	 
	Name:
	Kathleen Sweeney

	 
	Title
	Managing Director

	 
	 

	 
	 

	 
	By:
	/s/ Pierre-Alain Bennaim

	 
	Name:
	Pierre-Alain Bennaim

	 
	Title
	Managing Director

[Signature Page to LINN First Amendment]

	
			
	 
	NextEra Energy Marketing, LLC

	 
	 

	 
	 

	 
	By:
	/s/ Craig Shapiro

	 
	Name:
	Craig Shapiro

	 
	Title
	Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	Fifth Third Bank, an Ohio Banking Corporation

	 
	 

	 
	 

	 
	By:
	/s/ David R. Garcia

	 
	Name:
	David R. Garcia

	 
	Title
	Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	Apollo Credit Master Fund Ltd.
By: Apollo ST Fund Management LLC, as its Collateral Manager

	 
	 

	 
	 

	 
	By:
	/s/ Joseph Glatt

	 
	Name:
	Joseph Glatt

	 
	Title
	Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	ABN AMRO CAPITAL USA LLC

	 
	 

	 
	 

	 
	By:
	/s/ Illegible

	 
	Name:
	Illegible

	 
	Title
	Executive Director

	 
	 

	 
	 

	 
	By:
	/s/ Vincent E. Lisanti

	 
	Name:
	Vincent E. Lisanti

	 
	Title
	Managing Director

[Signature Page to LINN First Amendment]

	
			
	 
	DNB Capital LLC

	 
	 

	 
	 

	 
	By:
	/s/ Byron Cooley

	 
	Name:
	Byron Cooley

	 
	Title
	Senior Vice President

	 
	 

	 
	 

	 
	By:
	/s/ James Grubb

	 
	Name:
	James Grubb

	 
	Title
	Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	Barclays Bank PLC

	 
	 

	 
	 

	 
	By:
	/s/ Christopher Aitkin

	 
	Name:
	Christopher Aitkin

	 
	Title
	Assistant Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	JPMorgan Chase Bank, N.A.

	 
	 

	 
	 

	 
	By:
	/s/ Anson Williams

	 
	Name:
	Anson Williams

	 
	Title
	Authorized Officer

[Signature Page to LINN First Amendment]

	
			
	 
	CITIBANK, N.A.

	 
	 

	 
	 

	 
	By:
	/s/ Paul Giarratano

	 
	Name:
	Paul Giarratano

	 
	Title
	5/24/17

[Signature Page to LINN First Amendment]

	
			
	 
	BANK OF MONTREAL

	 
	 

	 
	 

	 
	By:
	/s/ James V. Ducote

	 
	Name:
	James V. Ducote

	 
	Title
	Managing Director

[Signature Page to LINN First Amendment]

	
			
	 
	UBS AG, Stamford Branch, as a Lender

	 
	 

	 
	 

	 
	By:
	/s/ Kenneth Chin

	 
	Name:
	Kenneth Chin

	 
	Title
	Director

	 
	 

	 
	 

	 
	By:
	/s/ Darlene Arias

	 
	Name:
	Darlene Arias

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	ING Capital LLC

	 
	 

	 
	 

	 
	By:
	/s/ Juli Bieser

	 
	Name:
	Juli Bieser

	 
	Title
	Managing Director

	 
	 

	 
	 

	 
	By:
	/s/ Josh Strong

	 
	Name:
	Josh Strong

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	BNP PARIBAS

	 
	 

	 
	 

	 
	By:
	/s/ Vincent Trapet

	 
	Name:
	Vincent Trapet

	 
	Title
	Director

	 
	 

	 
	 

	 
	By:
	/s/ Sriram Chandrasekaran

	 
	Name:
	Sriram Chandrasekaran

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	CAPITAL ONE, NATIONAL ASSOCIATION,
as a Lender

	 
	 

	 
	 

	 
	By:
	/s/ Laurel Varney

	 
	Name:
	Laurel Varney

	 
	Title
	VP

[Signature Page to LINN First Amendment]

	
			
	 
	Macquarie Bank Limited

	 
	 

	 
	 

	 
	By:
	/s/ Robert Trevena

	 
	Name:
	Robert Trevena

	 
	Title
	Division Director

	 
	 

	 
	 

	 
	By:
	/s/ Nathan Booker

	 
	Name:
	Nathan Booker

	 
	Title
	Division Director

[Signature Page to LINN First Amendment]

	
			
	 
	The Bank of Nova Scotia

	 
	 

	 
	 

	 
	By:
	/s/ Marc Graham

	 
	Name:
	Marc Graham

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	SUMITOMO MITSUI BANKING CORPORATION

	 
	 

	 
	 

	 
	By:
	/s/ Toshitake Funaki

	 
	Name:
	Toshitake Funaki

	 
	Title
	Managing Director

[Signature Page to LINN First Amendment]

	
			
	 
	NZC Guggenheim Master Fund Limited
BY: Guggenheim Partners Investment Management, LLC as Manager

	 
	 

	 
	 

	 
	By:
	/s/ Kaitlin Trinh

	 
	Name:
	Kaitlin Trinh

	 
	Title
	Authorized Person

[Signature Page to LINN First Amendment]

	
			
	 
	Guggenheim Energy & Income Fund
By: Guggenheim Partners Investment Management, LLC as Sub-Advisor

	 
	 

	 
	 

	 
	By:
	/s/ Kaitlin Trinh

	 
	Name:
	Kaitlin Trinh

	 
	Title
	Authorized Person

[Signature Page to LINN First Amendment]

	
			
	 
	Maverick Enterprises, Inc.
By: Guggenheim Partners Investment Management, LLC as Investment Manager

	 
	 

	 
	 

	 
	By:
	/s/ Kaitlin Trinh

	 
	Name:
	Kaitlin Trinh

	 
	Title
	Authorized Person

[Signature Page to LINN First Amendment]

	
			
	 
	Guggenheim Funds Trust – Guggenheim Macro Opportunities Fund
By: Guggenheim Partners Investment Management, LLC

	 
	 

	 
	 

	 
	By:
	/s/ Kaitlin Trinh

	 
	Name:
	Kaitlin Trinh

	 
	Title
	Authorized Person

[Signature Page to LINN First Amendment]

	
			
	 
	DEUTSCHE BANK AG NEW YORK BRANCH

	 
	 

	 
	 

	 
	By:
	/s/ Marcus Tarkington

	 
	Name:
	Marcus Tarkington

	 
	Title
	Director

	 
	 

	 
	 

	 
	By:
	/s/ Dusan Lazarov

	 
	Name:
	Dusan Lazarov

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	U.S. Bank National Association

	 
	 

	 
	 

	 
	By:
	/s/ James P. Cecil

	 
	Name:
	James P. Cecil

	 
	Title
	Vice President

[Signature Page to LINN First Amendment]

	
			
	 
	GOLDMAN SACHS LENDING PARTNERS LLC

	 
	 

	 
	 

	 
	By:
	/s/ Meghan Sullivan

	 
	Name:
	Meghan Sullivan

	 
	Title
	Authorized Signatory

[Signature Page to LINN First Amendment]

	
			
	 
	Natixis, New York Branch

	 
	 

	 
	 

	 
	By:
	/s/ Kenyatta Gibbs

	 
	Name:
	Kenyatta Gibbs

	 
	Title
	Director

	 
	 

	 
	 

	 
	By:
	/s/ Brice Le Foyer

	 
	Name:
	Brice Le Foyer

	 
	Title
	Director

[Signature Page to LINN First Amendment]

	
			
	 
	[Comerica Bank]

	 
	 

	 
	 

	 
	By:
	/s/ Chad Stephenson

	 
	Name:
	Chad Stephenson

	 
	Title
	Vice President

[Signature Page to LINN First Amendment]

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