Document:

EX-10.1

 Exhibit 10.1 

COLLECTIVE AGREEMENT 

BETWEEN 
 AVAGO
TECHNOLOGIES MANUFACTURING (SINGAPORE) PTE. LTD. 
 (COMPANY REGISTRATION NUMBER 200512010Z) 

AND ITS SINGAPORE AFFILIATES 

AND 
 UNITED WORKERS OF
ELECTRONIC & ELECTRICAL INDUSTRIES 
 1st JULY 2013 - 30th JUNE 2016 

  

			
	 Avago Technologies Singapore Employees’ Agreement of 2013

(ASCA)
	  	

 CONTENTS 
  

									
	 	  	CLAUSE	 	 	  	PAGE NO.	 
			
	 (I)
	  	 GENERAL PROVISIONS
	  			
		  	 CLAUSE 1
	 	TITLE	  	 	1    	  
		  	 CLAUSE 2
	 	SCOPE	  	 	1    	  
		  	 CLAUSE 3
	 	DURATION OF AGREEMENT	  	 	1    	  
		  	 CLAUSE 4
	 	RECOGNITION	  	 	2    	  
		  	 CLAUSE 5
	 	NON-UNION MEMBERS	  	 	2    	  
		  	 CLAUSE 6
	 	GRIEVANCE PROCEDURE	  	 	2    	  
		  	 CLAUSE 7
	 	REFEREE	  	 	4    	  
			
	 (II)
	  	 GENERAL TERMS AND CONDITIONS OF EMPLOYMENT
	  			
		  	 CLAUSE 8
	 	PROBATION	  	 	4    	  
		  	 CLAUSE 9
	 	PROMOTION	  	 	4    	  
		  	 CLAUSE 10
	 	WORKING HOURS	  	 	5    	  
		  	 CLAUSE 11
	 	WORK ON REST DAY AND PUBLIC HOLIDAY	  	 	5    	  

  

			
	 Avago Technologies Singapore Employees’ Agreement of 2013

(ASCA)
	  	

							
	 (III)
	  	TERMS AND BENEFITS ON TERMINATION OF EMPLOYMENT	  	
		  	CLAUSE 12	  	RETIREMENT AND RE-EMPLOYMENT OF OLDER EMPLOYEES	  	5
		  	CLAUSE 13	  	RETRENCHMENT	  	7
			
	 (IV)
	  	SALARY AND OTHER MONETARY ITEMS	  	
		  	CLAUSE 14	  	SALARY	  	7
		  	CLAUSE 15	  	ANNUAL VARIABLE COMPONENT	  	8
		  	CLAUSE 16	  	SHIFT PREMIUM	  	9
		  	CLAUSE 17	  	QUALITY WORK LIFE INCENTIVE PROGRAMME	  	9
			
	 (V)
	  	LEAVE ITEMS	  	
		  	CLAUSE 18	  	SICK LEAVE	  	10
		  	CLAUSE 19	  	LONG TERM SICK LEAVE	  	10
		  	CLAUSE 20	  	ANNUAL LEAVE	  	11
		  	CLAUSE 21	  	MATERNITY LEAVE	  	12
		  	CLAUSE 22	  	PATERNITY LEAVE	  	13
		  	CLAUSE 23	  	MARRIAGE LEAVE	  	14
		  	CLAUSE 24	  	COMPASSIONATE LEAVE	  	14

  

			
	 Avago Technologies Singapore Employees’ Agreement of 2013

(ASCA)
	  	

									
	 (VI)
	  	MEDICAL AND DENTAL BENEFITS AND INSURANCE	  			
		  	CLAUSE 25	  	MEDICAL AND HOSPITALISATION BENEFITS	  	 	15	  
		  	CLAUSE 26	  	FLEXIBLE BENEFITS	  	 	16	  
		  	CLAUSE 27	  	DENTAL TREATMENT	  	 	16	  
		  	CLAUSE 28	  	BASIC LIFE INSURANCE	  	 	16	  
		  	CLAUSE 29	  	WORK INJURY COMPENSATION	  	 	17	  
			
	 (VII)
	  	MISCELLANEOUS ITEMS	  			
		  	CLAUSE 30	  	SAVINGS PLAN	  	 	17	  
		  	CLAUSE 31	  	SAFETY COMMITTEE	  	 	18	  
		  	CLAUSE 32	  	EDUCATION ASSISTANCE	  	 	18	  
		  	CLAUSE 33	  	UNION’S DAY	  	 	18	  
		  	CLAUSE 34	  	EQUAL REMUNERATION	  	 	18	  

  

			
	 Avago Technologies Singapore Employees’ Agreement of 2013

(ASCA)
	  	

 THIS COLLECTIVE AGREEMENT is made pursuant to the provisions of the Industrial Relations Act this 29th day
of August 2013 between the AVAGO TECHNOLOGIES MANUFACTURING (SINGAPORE) PTE LTD. (Company Registration Number 200512010Z) AND ITS AFFILIATES, incorporated in the Republic of Singapore and having its place of business at No. 1
Yishun Avenue 7, Singapore 768923 (hereinafter referred to as the “Company”) of the one part and the UNITED WORKERS OF ELECTRONICS & ELECTRICAL INDUSTRIES of 252 Tembeling Road, #03-07 Tembeling Centre, Singapore 423731, a
trade union of employees registered pursuant to the Trade Unions Act (hereinafter referred to as the “Union”) of the other part. 
 NOW IT IS
HEREBY AGREED AND DECLARED between the parties hereto as follows: 
 CLAUSE 1 TITLE 

This Agreement shall be known as the “AVAGO TECHNOLOGIES SINGAPORE EMPLOYEES’ AGREEMENT OF 2013”. 

CLAUSE 2 SCOPE 
 This Agreement shall
cover all locally engaged, confirmed, full-time employees of the Company in Singapore with the exception of staff holding - 
  

	 	(a)	Managerial, executive, professional (e.g. engineers, accountants), supervisory positions. 

 CLAUSE 3
DURATION OF AGREEMENT 
  

	 	(1)	This Agreement takes effect on 1st July 2013 and shall remain in force for a period of 3 years until 30th June 2016. 

  

			
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	 	(2)	During the currency of this Agreement, neither the Company nor the Union shall seek to vary, modify or annul any of its terms in any way whatsoever, save as is provided herein or by operation of law. 

 

	 	(3)	Negotiations for a new collective agreement may commence three months before the expiry of this Agreement. 

CLAUSE 4 RECOGNITION 
  

	 	(1)	The Company recognises the Union as the sole collective negotiating body in respect of all terms and conditions of service of the employees coming within the scope of this Agreement. 

 

	 	(2)	The Union recognises the rights of the Company to control, operate and manage its business in all respects. 

  

	 	(3)	The Union shall use its best endeavours to see that all its members loyally co-operate in working for the advancement of the Company’s interest and business. 

CLAUSE 5 NON-UNION MEMBERS 
 Employees
belonging to levels within the scope of this Agreement, who are not members of the Union shall not receive benefits more favourable than those conferred on the Union members under this Agreement. 

CLAUSE 6 GRIEVANCE PROCEDURE 
  

	 	(1)	Recognising the value and importance of full discussions in clearing up misunderstanding and preserving harmonious relations, every reasonable effort shall be made by both the Union and the Company to quickly dispose of
any grievances from employees at the earliest possible stage. 

  

	 	(2)	In line with the approach outlined in sub-clause (1) of this clause, the following procedure shall be adhered to in the handling of grievances: 

  

			
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	 	(a)	Step One 

 An employee having a grievance may, within three working days of its arising, bring
it to the attention of the employee’s immediate supervisor who shall make a decision within three working days after it has been brought to the supervisor’s attention. 

 

	 	(b)	Step Two 

 If the employee concerned is dissatisfied with the decision of the employee’s
supervisor, or if the grievance is against the supervisor personally, then the employee may within three working days of the supervisor’s decision bring the employee’s grievance to the attention of the Department Manager who shall make a
decision within three working days after it has been brought to the Department Manager’s attention. 
  

	 	(c)	Step Three 

 If the employee concerned is dissatisfied with the decision of the Department
Manager, the employee may refer the matter to the Union branch committee, which may present the matter within three working days after it has been brought to the Union branch committee’s attention to the Human Resources Manager, who shall make
a decision within three working days after it has been brought to the Human Resources Manager’s attention. 
  

	 	(d)	Step Four 

 If the Union branch committee is dissatisfied with the decision of the Human
Resources Manager, then the Union may present the matter to the Division VP within three working days. The decision of the Division VP shall then be given to the Union within three working days after the matter has been brought to his or her
attention (or at such 

  

			
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later date as may be mutually agreed) of the grievance being discussed. 
  

	 	(3)	The employee may at the employee’s option be accompanied by a representative of the Union branch committee at any stage of the foregoing grievance procedure. 

 

	 	(4)	In the event of there being no settlement at Step Four, the matter shall be referred to the Ministry of Manpower for conciliation. If the matter is still not settled, the provisions of clause 7 of this Agreement shall
be invoked. 

 CLAUSE 7 REFEREE 

Any dispute between the parties to this Agreement while it is in force and arising out of its operation shall be referred by either party to
the President of the Industrial Arbitration Court who shall have the discretion to select a referee appointed in accordance with section 43 of the Industrial Relations Act to determine the dispute. 

CLAUSE 8 PROBATION 
  

	 	(1)	A newly engaged employee shall serve a probationary period of three months subject to, if necessary, a further three months’ extension, in which case the employee shall be so informed in writing including the
reason therefor, before the expiration of the first three months. Notice of termination shall be in accordance with the terms and conditions of employment. 

  

	 	(2)	On completion of the probationary period, an employee shall be deemed to have been confirmed in the Company’s permanent establishment from the date of first employment unless the employee’s service is
terminated by the Company. 

 CLAUSE 9 PROMOTION 
  

	 	(1)	An employee is deemed promoted when the employee is moved from the current job to another job with a higher salary mid point. 

  

			
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	 	(2)	In the case of promotion at other than a normal incremental date, the employee’s base pay shall be increased to the minimum salary of the new job or by 8% of the mid point of the employee’s last job, whichever
is greater. The employee’s normal incremental date shall not be changed. 

  

	 	(3)	If the promotional date coincides with the normal incremental date, the promotion increases shall be granted plus the normal increment in the new job. 

CLAUSE 10 WORKING HOURS 
 The working
hours for factory personnel shall be one of the following: 
  

	 	(a)	8-Hour Shift / Normal Shift 

 Monday – Friday 

Normal Shift      :    8.30 am – 5.30 pm 

1st Shift             :    7.00 am – 3.30 pm 

 

	 	(b)	12-Hour Shift 

 Day
                   :    6.55 am – 7.05 pm 

Night                  :    6.55
pm – 7.05 am 
 CLAUSE 11 WORK ON REST DAY AND PUBLIC HOLIDAY 
  

	 	(1)	Every employee shall have one rest day per week, which shall normally be on Sunday. If this is not on Sunday, the employee shall be notified accordingly. 

 

	 	(2)	If and when an employee is required to work on the employee’s rest day or any public holiday, the employee shall be paid in accordance with the Employment Act. 

CLAUSE 12 RETIREMENT AND RE-EMPLOYMENT OF OLDER EMPLOYEES 
  

	 	(1)	The retirement age for every Singaporean and Singapore Permanent Resident employees shall be in accordance with the prevailing legislation. 

  

			
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	 	(2)	The Company shall provide pre-retirement planning for retiring employees at least six months prior to re-employment. 

  

	 	(3)	The Company shall provide re-employment to retiring employees subject to the following: 

  

	 	(a)	Employee must be medically fit to continue working; and 

  

	 	(b)	Employee must have satisfactory or above work performance. 

  

	 	(4)	The Company shall provide the employee the employment contract no less than three months before retirement. 

  

	 	(5)	Employees who are eligible for re-employment with the company shall be offered re-employment in one of the following job arrangement: 

 

	 	(a)	Re-employed in the same job; or 

  

	 	(b)	Re-employed with modifications to the existing job or re-deployed to a different job. 

  

	 	(6)	The duration of re-employment will be at least one year, renewable up to the age of 65 so long as the employees continues to meet the eligibility criteria stated in sub-clause (3). 

 

	 	(7)	The revised re-employment terms and conditions offered to employees shall take into consideration terms equitable to the staff and the cost competitiveness for the Company and shall be in accordance with the Tripartite
Guidelines on The Re-employment of Older Employees. 

  

	 	(8)	In the event that the Company is not able to offer re-employment to an eligible employee, the Company shall provide employment assistance to the staff as follows: 

 

	 	(a)	A one-off Employment Assistance Payment (EAP) equivalent to a minimum sum of $4,500 or 3 months’ gross salary capped at $10,000, whichever is greater. 

  

			
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 CLAUSE 13 RETRENCHMENT 
  

	 	(1)	In the event of redundancy arising, the Company shall inform the Union in writing of impending retrenchment at least one month before retrenchment notices are given to the affected employees. 

 

	 	(2)	The notice of termination of service to any employee so affected shall not be less than two months or two months’ pay in lieu thereof. The combination of notice and pay in lieu of notice shall be two months.

  

	 	(3)	The compensation payable to retrenched employees shall be as follows: 

  

	 	(a)	One month’s salary for each completed year of service and pro-ration of each completed month for an incomplete year of service, capped at 25 years of service. 

 

	 	(b)	Pro-rated unconsumed annual leave. 

  

	 	(c)	Pro-rated annual wage supplement. 

  

	 	(d)	Payment in lieu of maternity leave if employee is certified pregnant on date of retrenchment. 

 CLAUSE 14
SALARY 
  

	 	(1)	Every employee shall be paid salary in accordance with the salary ranges set out in Appendix I to this Agreement. 

  

	 	(2)	The annual incremental date shall be 1st July of each calendar year. 

  

	 	(3)	The Company and the Union shall negotiate annually on the quantum of annual increment payable to employees covered by this Agreement. The quantum of annual increment payable to employees shall depend on the
employee’s performance rank. Such negotiation shall commence at the beginning of April of each year. 

  

			
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 CLAUSE 15 ANNUAL VARIABLE COMPONENT 

Annual Variable Component (AVC) consists of the Annual Wage Supplement, the Annual Variable Payment and the Avago Performance Bonus Programme.

  

	 	(a)	Annual Wage Supplement 

  

	 	(i)	The Company shall pay an annual wage supplement equivalent to one month’s base salary to each eligible employee. 

  

	 	(ii)	New hires who have not completed 12 months’ service as at 31st December each year shall be paid an annual wage supplement on a pro–rated basis for the number of completed months of service. Fifteen or
more days shall be treated as a completed month of service. 

  

	 	(iii)	The annual wage supplement shall be based on base salary paid as of 31st December of each year. Employees not on the payroll as of 31st December shall not be eligible to receive the annual wage supplement.

  

	 	(b)	Annual Variable Payment 

  

	 	(i)	The Company and the Union shall negotiate annually on the percentage of annual variable payment payable to eligible employees covered by this Agreement. Such negotiation shall commence in April of each year.

  

	 	(ii)	The annual variable payment quantum shall be paid out in two equal payments in a year, i.e. January and July of each year. 

  

	 	(iii)	The amount that each eligible employee gets shall depend on the employee’s performance rank. 

  

	 	(iv)	Eligible employees are defined as employees hired on or before 30th June of each year who are active and confirmed on the Company’s payroll at the time of payment. 

  

			
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	 	(v)	In the event of unfavourable business and economic conditions, the Company and the Union shall review the annual variable payment payout. 

 

	 	(c)	Avago Performance Bonus Programme 

 The Avago Performance Bonus Programme is a global variable
payment programme. Employees shall be paid the Avago Performance Bonus according to the design of this programme. 
 CLAUSE 16 SHIFT PREMIUM 

 

	 	(1)	12-hour day shift premium shall be $8.00 per shift worked. 

  

	 	(2)	12-hour night shift premium inclusive of meal allowance shall be $20.00 per shift worked. 

 CLAUSE 17
QUALITY WORK LIFE INCENTIVE PROGRAMME 
  

	 	(1)	The Quality Work Life Incentive is to reward employees who have taken extra efforts in maintaining their health as well as in coming to work regularly during the calendar year. 

 

	 	(2)	A monthly incentive of S$25 shall be paid at the end of each month to employees who have demonstrated full commitment to the Programme. The maximum reward for the Programme shall be S$300 per annum. 

 

	 	(3)	When an employee fails to show up for work and has a sick leave certificate from any Government Polyclinics, Company Appointed Clinics, Government or restructured hospital; is absent or on approved unpaid leave, the
Company shall deduct $10 per day from the incentive for each day lost from the Programme during the period of review. 

  

	 	(4)	As this is an annual Programme but paid out on a monthly basis, such days lost from the Programme shall be cumulative for the period of review. However, the following shall not be considered for cumulative deductions
for the purposes of this incentive: 

  

			
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	 	(a)	Contagious and communicable virus/diseases like chicken pox, measles, conjunctivitis, small pox, mumps and HFM disease; 

  

	 	(b)	Approved unpaid leave for religious pilgrimage and maternity leave; 

  

	 	(c)	Medical leave as a result of industrial accidents covered under Work Injury Compensation Act and dental surgery. 

CLAUSE 18 SICK LEAVE 
  

	 	(1)	Every employee shall be entitled to paid sick leave of 14 days in each year if no hospitalisation is necessary. 

  

	 	(2)	Every employee shall be entitled to hospitalisation leave up to 60 days in each year less the amount of sick leave taken. 

  

	 	(3)	Paid sick leave shall only be granted on the certification of the Company appointed doctors or a Government medical officer. 

  

	 	(4)	The Company may give sympathetic consideration to the granting of sick leave in excess of the 14 days. 

  

	 	(5)	An employee away on certified sick leave shall inform the employee’s supervisor, or department manager of the employee’s absence within two days. An employee who is absent from work for a period of more than
two days without satisfactory explanation shall be deemed to be absent without permission. 

  

	 	(6)	Employees on paid sick leave and hospitalisation leave shall be entitled to shift allowance. 

 CLAUSE 19
LONG TERM SICK LEAVE 
  

	 	(1)	In the event of an employee contracting any major illness (e.g. cancer or kidney failure) or tuberculosis which renders him unfit for work, upon management’s discretion and discussion with Union, the Company shall
grant sick leave as follows: 

							
				
	(a)	  	First six months	  	- full pay	  	

  

			
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	(b)	  	Next six months	  	- half pay	  	
				
	(c)	  	A further six months	  	- no pay	  	

 The duration of the paid sick leave shall depend on the condition of the illness of the employee. 

 

	 	(2)	An employee shall forfeit the benefits in sub-clause (1) above in the event of the employee’s failing or refusing to undergo treatment or carry out any instructions that may be prescribed from time to time by
the doctor in charge of the employee’s case. 

 CLAUSE 20 ANNUAL LEAVE 

 

	 	(1)	Every employee on all shifts except 12-hour shift shall be granted paid annual leave as follows: 

					
			
	(a)	  	For the 1st year of service	  	: 10 working days per year
			
	(b)	  	2nd year of service	  	: 11 working days per year
			
	(c)	  	3rd year of service	  	: 12 working days per year
			
	(d)	  	4th year of service	  	: 13 working days per year
			
	(e)	  	5th to 6th year of service	  	: 14 working days per year
			
	(f)	  	7th year of service	  	: 15 working days per year
			
	(g)	  	8th to 11th year of service	  	: 16 working days per year
			
	(h)	  	12th year of service	  	: 17 working days per year
			
	(i)	  	13th year of service	  	: 18 working days per year
			
	(j)	  	14th and 15th year of service	  	: 19 working days per year
			
	(k)	  	16th year of service and above	  	: 20 working days per year

  

	 	(2)	Every employee on 12-hour shift shall be granted paid annual leave as follows: 

					
			
	(a)	  	For the first 2 years of service	  	: 8 working days per year
			
	(b)	  	3rd year of service	  	: 9 working days per year
			
	(c)	  	4th year of service	  	: 10 working days per year
			
	(d)	  	5th to 6th year of service	  	: 12 working days per year
			
	(e)	  	7th year of service	  	: 13 working days per year
			
	(f)	  	8th to 11th year of service	  	: 14 working days per year
			
	(g)	  	12th year of service	  	: 15 working days per year

  

			
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	(h)	  	13th year of service	  	: 16 working days per year
			
	(i)	  	14th year of service and above	  	: 17 working days per year

  

	 	(3)	An employee shall be entitled to proportionate annual leave in respect of an incomplete year of service. 

  

	 	(4)	From the 2nd year of service, eligibility for annual leave shall commence in the calendar year in which the anniversary falls. 

  

	 	(5)	If an employee terminates the employee’s service, or has the employee’s service terminated before the employee has taken the employee’s annual leave, the Company shall pay for leave not taken as on the
day of the termination of service. 

  

	 	(6)	Application for annual leave shall be made two working days in advance. 

 CLAUSE 21 MATERNITY LEAVE 

 

	 	(1)	A female employee who has completed 90 days of service in the company shall be entitled to paid maternity leave of 16 weeks, subject to the conditions stipulated in the Child Development Co-Savings Act.

  

	 	(2)	A female employee who does not qualify under sub-clause (1) above but who has completed 90 days of service in the company shall be entitled to 8 weeks of maternity leave on full pay, if she has fewer than 2 living
children, and another 4 weeks of maternity leave without pay, subject to the conditions stipulated in the Employment Act. 

  

	 	(3)	An application for maternity leave shall be supported by a certificate from a registered medical practitioner or a Government medical officer. 

 

	 	(4)	Maternity leave shall, as far as possible, be taken 4 weeks each before and after confinement. 

  

	 	(5)	 Any absence from work due to miscarriage or for any other illness arising out of and in the course of pregnancy during the first seven months of such
pregnancy shall not be considered as 

  

			
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maternity leave, but shall be considered as normal sick leave under clause 19 of this Agreement. 

  

	 	(6)	If at the expiry of the maternity leave, the employee is medically certified as unfit for duty her absence shall be treated as normal sick leave in accordance with clause 18 of this Agreement. 

CLAUSE 22 PATERNITY LEAVE 
  

	 	(1)	The Company shall grant every confirmed male employees with Non-Singapore Citizen child, two days of paid paternity leave on the occasion of the birth of his child, subject to a maximum of two days of paid paternity
leave for the first 4 surviving children 

  

	 	(2)	To emphasise the importance of shared parenting responsibility, and to support fathers in bonding with and caring for their newborn, working fathers will receive one week of Government-Paid Paternity Leave, to be taken
within 16 weeks after the birth of their Singapore Citizen Child. The one week of paternity leave will be funded by the Government (capped at $2,500 including CPF contributions). Paternity leave can be taken flexibly within 12 months after the birth
of the child, if there is mutual agreement between the employer and employee. Working fathers will be entitled to the Government-Paid Paternity leave for all births provided they meet the following criteria: 

 

	 	(a)	Child is a Singapore Citizen born on or after 1 May 2013; 

  

	 	(b)	The child’s parents are lawfully married; 

  

	 	(c)	Father must have served his employer for a continuous duration of at least three calendar months immediately preceding the birth of the child. 

 

	 	(3)	 To encourage shared parental responsibility and give working couples additional flexibility for care-giving arrangements, working fathers will also be
entitled to share one week of the 16 weeks of maternity leave, subject to the agreement of the mother, if the mother qualifies for the Government-Paid Maternity Leave. 

  

			
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Working fathers will be entitled to one week of shared parental leave provided they meet the following criteria: 

 

	 	(a)	Child is a Singapore Citizen born on or after 1 May 2013; 

  

	 	(b)	Mother qualifies for Government-Paid Maternity Leave; 

  

	 	(c)	Father is lawfully married to the child’s mother. 

  

	 	(4)	The shared parental leave is to be consumed as a continuous block within 12 months of the birth of the child. If there is mutual agreement between the employer and employee, the leave can be taken flexibly (i.e. in a
non-continuous manner) within 12 months of the birth of the child. The one week of shared parental leave will be funded by the Government (capped at $2,500 including CPF contributions). 

 

	 	(5)	One week Paternity/Parental leave as mentioned in sub-clause (2) and (3) above is equivalent to: 

  

	 	(a)	5 working days for employees working on normal shift 

  

	 	(b)	3.5 working days for employees working on 12-hours shift 

 CLAUSE 23 MARRIAGE LEAVE 

The Company shall grant five working days’ leave with full pay only on the occasion of the first marriage, and a properly authenticated
certificate of such marriage shall be provided by the employee. 
 CLAUSE 24 COMPASSIONATE LEAVE 

 

	 	(1)	An employee shall be granted paid compassionate leave of three working days at any one time in the event of death of the employee’s spouse, parent, child, brother, sister, parent-in-law and grandparent.

  

	 	(2)    (a)	In the event of serious illness of the employee’s spouse, parent, child, brother, sister, parent-in-law and grandparent, compassionate leave shall be given sympathetic consideration without restriction.

  

			
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	 	(b)	Serious illness shall be defined as illness requiring the patient to be on the dangerously ill list of any licensed hospital. 

  

	 	(3)	An employee requesting compassionate leave may be required by the Company to produce evidence that the leave is needed on bona fide grounds. If it is subsequently found that such leave has been obtained by
misrepresentation of facts, the employee may render himself liable to disciplinary action by the Company. 

 CLAUSE 25 MEDICAL AND
HOSPITALISATION BENEFITS 
  

	 	(1)	Medical Benefits 

  

	 	(a)	Every employee shall enjoy the privilege of free medical attention, treatment and medicine from the Company appointed doctors or a Government medical officer. 

 

	 	(b)	If an employee is not satisfied with the Company appointed doctor’s opinion, the employee may see the nearest Government medical officer. If the employee is certified sick by the Government medical officer, the
Company shall reimburse the medical expenses and pay for the sick leave. 

  

	 	(c)	If the Government medical officer certifies the employee fit for work, the employee shall not be entitled to pay for time away from work or to reimbursement of expenses. 

 

	 	(d)	If an employee falls sick at home, the employee shall seek treatment from the Company appointed doctors or a Government medical officer. If the illness is an emergency, any registered medical practitioner may be
contacted. In this case, the Company shall reimburse the medical expenses and grant paid sick leave (if applicable) to the employee only if the case has been certified as an emergency by the registered medical practitioner. 

  

			
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	 	(2)	Hospitalisation Benefits 

 Every employee shall be covered by the Company’s Group
Hospitalisation and Surgical Insurance Plan. Subject to the provisions for room and board benefit under this plan, the normal ward assigned shall be “B1” ward accommodation in the event of the employee being hospitalised. A copy of the
Company’s Group Hospitalisation and Surgical Insurance Plan shall be extended to all employees in the Company. Appendix II shows the schedule for this plan. 

CLAUSE 26 FLEXIBLE BENEFITS 
  

	 	(1)	All active permanent full-time employees shall be eligible for flexible benefits up to a maximum amount of $450.00 per calendar year with effect from 1st January 2014. Any unutilised amount in a calendar year shall
be forfeited. 

  

	 	(2)	The flexible benefit claims may be utilised to cover benefits stipulated under the Flexible Benefits policy. 

CLAUSE 27 DENTAL TREATMENT 
  

	 	(1)	A confirmed employee may claim reimbursement from the flexible benefit claim for the cost of dental examination, scaling, x-ray, extraction and amalgam fillings. Such reimbursement shall be made only against a valid
receipt from a registered dental practitioner. 

  

	 	(2)	An employee’s absence caused through dental illness shall on production of a medical certificate issued by a registered dental practitioner be treated as normal sick leave. 

CLAUSE 28 BASIC LIFE INSURANCE 
 The
Company shall insure every employee for an amount equivalent to 18 times of the employee’s last drawn monthly base salary. Employees may, if they so request, be allowed to take supplementary 

  

			
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	  	Page 16 of 23

 
life insurance policy for additional sums in accordance with the Company’s Supplementary Life Policy. The premium required for such supplementary insurance cover shall be shared equally by
the Company and the employee concerned. 
 CLAUSE 29 WORK INJURY COMPENSATION 

 

	 	(1)	Every employee shall be insured in accordance with the provisions of the Work Injury Compensation Act. 

  

	 	(2)	For injuries covered under the Work Injury Compensation Act, the Company shall keep the employee on full pay up to 14 days outpatient medical leave, and full pay up to 60 days hospitalization. Once this limit is
reached, two-thirds of salary is payable up to a maximum period of one year following the date of the accident. 

 CLAUSE 30 SAVINGS PLAN

  

	 	(1)	A confirmed employee may authorise the Company to open a Savings Account under the employee’s name with any bank in Singapore. 

  

	 	(2)	The entry dates of the Savings Plan are 1st January and 1st July of each year. 

  

	 	(3)	The employee may contribute up to a maximum of 10% of the employee’s monthly base salary to the Savings Plan. Upon receipt of the employee’s authorisation, the Company shall deduct the authorised amount,
starting from entry dates per sub-clause (2). 

  

	 	(4)	For every dollar so deducted, the Company shall make a contribution of 15% of that amount. 

  

	 	(5)	 The employee’s contributions are to be held in the Company’s books for six full months. At the end of each six-month contribution period,
the employee’s contributions shall be 

  

			
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credited to the employee’s bank account together with the Company’s contribution. 

  

	 	(6)	In the event an employee withdraws the employee’s share of contributions before they have been held for six full months, the employee shall not be entitled to receive the Company’s share of contribution.

  

	 	(7)	In the event of withdrawal arising from serious need due to an emergency, an employee may apply to the Human Resources Manager for compassionate consideration to be entitled to receive the Company’s share of
contribution. 

 CLAUSE 31 SAFETY COMMITTEE 

The Company shall establish a safety committee in accordance with the Workplace Safety & Health Act, and shall invite Union
representatives to sit on the committee. 
 CLAUSE 32 EDUCATION ASSISTANCE 

The Company’s current Education Assistance Plan shall be continued. 

CLAUSE 33 UNION’S DAY 
 At
Management’s discretion, the Company shall provide one day’s special leave to all Union Branch officials on the Union’s Anniversary Day which is decided by the Union’s Executive Council and upon application by the Union. 

CLAUSE 34 EQUAL REMUNERATION 
  

	 	(1)	Both parties accept that the principle of equal remuneration for men and women for work of equal value shall apply. “Remuneration” means salary (as defined in the Employment Act) and any other consideration,
whether in cash or in kind, which the employee receives directly or indirectly, in respect of employment. 

  

			
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	 	(2)	The employer shall ensure the principles of equal remuneration for men and women for work of equal value are adhered to. Regardless of their gender, employees will be paid and rewarded based on the value of job,
performance and contribution. 

  

			
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 IN WITNESS WHEREOF the parties hereto, have hereunto set their hands the day and year first above written.

 Signed for and on behalf of: 
  

					
	 AVAGO TECHNOLOGIES

MANUFACTURING
 (SINGAPORE) PTE. LTD.
	 		 	 UNITED WORKERS OF
 ELECTRONICS
& ELECTRICAL
 INDUSTRIES

			
	/s/ David McIntyre	 		 	 /s/ Heng Chee How

	DAVID MCINTYRE	 		 	HENG CHEE HOW
	Manufacturing Director	 		 	Executive Secretary
			
	/s/ Theresa Lim	 		 	 /s/ Tan Richard

	THERESA LIM	 		 	TAN RICHARD
	HR Director	 		 	General Secretary
			
	  
	 		 	 /s/ Belinda Teng Bee Hong

		 		 	BELINDA TENG BEE HONG
		 		 	Branch Chairman
			
	  
	 		 	 /s/ Pauline Tong

		 		 	PAULINE TONG
		 		 	Branch Secretary
			
	  
	 		 	 /s/ Maznah Binte Ahmad

		 		 	MAZNAH BINTE AHMAD
		 		 	Branch Treasurer

 In the presence of: 

					
			
	/s/ Tammy Lee Yin	 		 	 /s/ Thanabalan Kunasegaran

	TAMMY LEE YIN	 		 	THANABALAN KUNASEGARAN
	HR Manager	 		 	Industrial Relations Officer

  

			
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 Appendix I 

(Clause 14) 
 AVAGO TECHNOLOGIES
SINGAPORE EMPLOYEES’ AGREEMENT OF 2013 
 Materials 
  

																					
	 2007 CA Job Title
	  	 2013 CA Job Title
	  	Job Level	  	 Job Family
	  	New Global
Grade	  	Monthly
Min (SGD)	 	  	Monthly
Mid (SGD)	 	  	Monthly
Max (SGD)	 
	 Mat’l Handler
	  	Mfg Ops Support Mat’l Handling 1	  	ICA1-Entry	  	Operations Support Mat’l Handling	  	G10C	  	 	915	  	  	 	1,223	  	  	 	1,531	  
	 Storekeeper A
	  	Mfg Ops Support Mat’l Handling 2	  	ICA2-Intermediate	  	Operations Support Mat’l Handling	  	G11C	  	 	1,023	  	  	 	1,362	  	  	 	1,700	  
	 Storekeeper B
	  	Mfg Ops Support Mat’l Handling 3	  	ICA3-Career	  	Operations Support Mat’l Handling	  	G12C	  	 	1,200	  	  	 	1,600	  	  	 	2,000	  
	 Storekeeper C
	  	Mfg Ops Support Mat’l Handling 4	  	ICA4-Expert	  	Operations Support Mat’l Handling	  	G13C	  	 	1,377	  	  	 	1,838	  	  	 	2,300	  

 Mfg Operations Support – Process/Product 

 

																					
	 2007 CA Job Title
	  	 2013 CA Job Title
	  	Job Level	  	 Job Family
	  	New Global
Grade	  	Monthly
Min (SGD)	 	  	Monthly
Mid (SGD)	 	  	Monthly
Max (SGD)	 
	 Operator
	  	Mfg Ops Support Proc/Prod 1	  	ICA1-Entry	  	Operations Support Proc/Prod	  	G10B	  	 	750	  	  	 	1,000	  	  	 	1,250	  
	 QA Inspector
	  	Mfg Ops Support Proc/Prod 2	  	ICA2-Intermediate	  	Operations Support Proc/Prod	  	G11B	  	 	900	  	  	 	1,200	  	  	 	1,500	  
	 Technical Operator A
	  	Mfg Ops Support Proc/Prod 3	  	ICA3-Career	  	Operations Support Proc/Prod	  	G12B	  	 	985	  	  	 	1,308	  	  	 	1,638	  
	 Technical Operator B
	  	Mfg Ops Support Proc/Prod 4	  	ICA4-Expert	  	Operations Support Proc/Prod	  	G13B	  	 	1,154	  	  	 	1,538	  	  	 	1,923	  

 Wafer Fabrication – Ops Support 
  

																					
	 2007 CA Job Title
	  	 2013 CA Job Title
	  	Job Level	  	 Job Family
	  	New Global
Grade	  	Monthly
Min (SGD)	 	  	Monthly
Mid (SGD)	 	  	Monthly
Max (SGD)	 
	 Fab Assistant A
	  	Mfg Ops Support Fab 1	  	ICA1-Entry	  	Operations Support Fabrication	  	G10C	  	 	915	  	  	 	1,223	  	  	 	1,531	  
	 N.A
	  	Mfg Ops Support Fab 2	  	ICA2-Intermediate	  	Operations Support Fabrication	  	G11C	  	 	1,023	  	  	 	1,362	  	  	 	1,700	  
	 Fab Assistant B
	  	Mfg Ops Support Fab 3	  	ICA3-Career	  	Operations Support Fabrication	  	G12C	  	 	1,200	  	  	 	1,600	  	  	 	2,000	  
	 Fab Specialist
	  	Mfg Ops Support Fab 4	  	ICA4-Expert	  	Operations Support Fabrication	  	G13C	  	 	1,377	  	  	 	1,838	  	  	 	2,300	  

 Wafer Fabrication – Mfg Technician 
  

																					
	 2007 CA Job Title
	  	 2013 CA Job Title
	  	Job Level	  	 Job Family
	  	New Global
Grade	  	Monthly
Min (SGD)	 	  	Monthly
Mid (SGD)	 	  	Monthly
Max (SGD)	 
	 N.A
	  	Mfg Technician Fab 1	  	ICA1-Entry	  	Mfg Technician Fabrication	  	G12C	  	 	1,200	  	  	 	1,600	  	  	 	2,000	  
	 N.A
	  	Mfg Technician Fab 2	  	ICA2-Intermediate	  	Mfg Technician Fabrication	  	G13C	  	 	1,377	  	  	 	1,838	  	  	 	2,300	  
	 N.A
	  	Mfg Technician Fab 3	  	ICA3-Career	  	Mfg Technician Fabrication	  	G14C	  	 	1,561	  	  	 	2,077	  	  	 	2,600	  

  

			
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 Administrative 
  

																					
	 2007 CA Job Title
	  	 2013 CA Job Title
	  	Job Level	  	 Job Family
	  	New Global
Grade	  	Monthly
Min (SGD)	 	  	Monthly
Mid (SGD)	 	  	Monthly
Max (SGD)	 
	 Admin Assistant A
	  	Prod Planning Support 1	  	ICA1-Entry	  	Planning Support	  	G11C	  	 	1,023	  	  	 	1,362	  	  	 	1,700	  
	 N.A
	  	Prod Planning Support 2	  	ICA2-Intermediate	  	Planning Support	  	G12C	  	 	1,200	  	  	 	1,600	  	  	 	2,000	  
	 Admin Assistant B
	  	Prod Planning Support 3	  	ICA3-Career	  	Planning Support	  	G13C	  	 	1,377	  	  	 	1,838	  	  	 	2,300	  
	 Admin Assistant C
	  	Prod Planning Support 4	  	ICA4-Expert	  	Planning Support	  	G14C	  	 	1,561	  	  	 	2,077	  	  	 	2,600	  

 Notes: 

	(1)	Min refers to Minimum of Salary Range 

	(2)	Mid refers to Mid point which is benchmarked against market base salary 

	(3)	Max refers to Maximum of Salary Range 

	(4)	The above salary ranges shall be reviewed annually to reflect market competitiveness 

  

			
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	  	Page 22 of 23

 Appendix II 

(Clause 25) 
 AVAGO TECHNOLOGIES
SINGAPORE EMPLOYEES’ AGREEMENT OF 2013 
 GROUP HOSPITALISATION AND SURGICAL INSURANCE PLAN 

Maximum Per Policy Year (S$) 
  

							
	 	  	Schedule of Benefits	  	S$	 
	1	  	 Daily Room and Board (daily maximum up to 120 days)
	  	 	200	* 
	2	  	 Intensive Care Unit (up to 30 days)
	  	 	800 / day	* 
	3	  	 Hospital Miscellaneous Services
	  	 	6000	* 
	4	  	 Surgical Benefit Subject to Schedule
	  	 	7000	* 
	5	  	 Daily In-Hospital Doctor’s Visit (daily maximum up to 120 days)
	  	 	60	* 
	6	  	 Diagnostic X-ray and Laboratory Fees (maximum per disability)
	  	 	400	  
	7	  	 Specialist Consultation and Treatment (maximum per disability per policy year)
	  	 	600	  
	8	  	 Emergency Outpatient Treatment
	  	 	1000	  
	9	  	 Post Medical Hospitalisation Follow-up
	  	 	1000	* 
	10	  	 Death Benefit
	  	 	3000	  

  

	*	For items 1-5 and item 9, the coverage is S$15,000 per policy year subject to 4 bedded Govt. Ward. 

  

			
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	  	Page 23 of 23EX-10.1

 Exhibit 10.1 

Execution Version 
  

 
  

FIRST AMENDMENT 
 TO

 SECOND AMENDED AND RESTATED CREDIT AGREEMENT 

Dated as of September 3, 2013 

AMONG 

OASIS PETROLEUM NORTH AMERICA LLC, 

AS BORROWER, 

THE GUARANTORS PARTY HERETO, 

WELLS FARGO BANK, N.A., 

AS ADMINISTRATIVE AGENT, 

AND 
 THE
LENDERS PARTY HERETO 
  
  

 

 FIRST AMENDMENT TO 

SECOND AMENDED AND RESTATED CREDIT AGREEMENT 

THIS FIRST AMENDMENT TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “First Amendment”) dated as of
September 3, 2013, is among OASIS PETROLEUM NORTH AMERICA LLC, a Delaware limited liability company (the “Borrower”); the Guarantors party hereto (the “Guarantors” and collectively with the Borrower, the
“Obligors”); each of the lenders party to the Credit Agreement referred to below (collectively, the “Lenders”); and WELLS FARGO BANK, N.A., as administrative agent for the Lenders (in such capacity, together with
its successors in such capacity, the “Administrative Agent”). 
 R E C I T A L S 

A. The Parent, OP LLC, the Borrower, the Administrative Agent and the Lenders are parties to that certain Second Amended and Restated Credit
Agreement dated as of April 5, 2013 (the “Credit Agreement”), pursuant to which the Lenders have made certain credit available to and on behalf of the Borrower. 

B. The Borrower, the Guarantors, the Administrative Agent and the Lenders desire to (i) amend certain provisions of the Credit Agreement
as set forth herein, (ii) provide for an increase in the Borrowing Base to $1,500,000,000.00 and (iii) provide for an increase of the Aggregate Elected Commitment Amounts to $1,500,000,000.00, in each case to be effective as of the First
Amendment Effective Date (as defined below). 
 C. The Borrower has requested that Capital One, National Association, Branch Banking and
Trust Company, HSBC Bank USA, N.A., and Regions Bank (each a “New Lender” and, collectively, the “New Lenders”) become Lenders under the Credit Agreement with a Maximum Credit Amount and Elected Commitment in the
amount as shown on Annex I to the Credit Agreement (as amended hereby). 
 NOW, THEREFORE, 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. Defined Terms. 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 references in this First Amendment refer to sections of the Credit Agreement. 

Section 2. Amendments to Credit Agreement. 

2.1 Amendments to Section 1.02. 

(a) The definition of “Agreement” is hereby amended and restated as follows: 

“Agreement” means this Second Amended and Restated Credit Agreement, as amended by the First Amendment and as
the same may be further amended or supplemented from time to time. 

  
 1 

 (b) The definition of “Acquisition Properties” is hereby added where
alphabetically appropriate to read as follows: 
 “Acquisition Properties” has the meaning assigned to such
term in Section 2.07(e)(ii). 
 (c) The definition of “First Amendment” is hereby added where alphabetically
appropriate to read as follows: 
 “First Amendment” means that certain First Amendment to Second Amended
and Restated Credit Agreement, dated as of September 3, 2013, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto. 

2.2 Amendment to Section 2.07(e). Section 2.07(e) is hereby amended and restated in its entirety to read as follows: 

(e) Reduction of Borrowing Base Upon Issuance of Senior Notes. 

(i) Subject to Section 2.07(e)(ii) below, (x) if the Parent issues any Senior Notes during the period between
Scheduled Redetermination dates or not in conjunction with an Interim Redetermination, then on the date on which such Senior Notes are issued, the Borrowing Base then in effect shall be reduced by an amount equal to the product of 0.25 multiplied by
the stated principal amount of such Senior Notes, and (y) the Borrowing Base as so reduced shall become the new Borrowing Base immediately upon the date of such issuance, effective and applicable to the Borrower, the Agents, the Issuing Bank
and the Lenders on such date until the next redetermination or modification thereof hereunder. For purposes of this Section 2.07(e), if any such Debt is issued at a discount or otherwise sold for less than “par”, the reduction shall
be calculated based upon the stated principal amount without reference to such discount. 
 (ii) The Borrowing Base reduction
provided for in Section 2.07(e)(i) shall not occur on the date such Senior Notes are issued if reasonably prior (and in any event, at least two Business Days prior) to the issuance of such Senior Notes: 

(A) The Borrower delivers written notice to the Administrative Agent and the Lenders that the Credit Parties intend to issue
such Senior Notes to finance all or a portion of (x) a recent acquisition of Oil and Gas Properties for which the acquired assets have not yet been included in the most recent redetermination of the Borrowing Base or (y) a contemplated
acquisition of Oil and Gas Properties (such properties, the “Acquisition Properties”), which notice shall specify the contemplated principal amount of such Senior Notes and the targeted closing date of the issuance thereof; 

  
 2 

 (B) The Borrower delivers to the Administrative Agent and the Lenders a Reserve
Report and such other Engineering Reports reasonably requested by the Administrative Agent in form and with an “as of” date reasonably satisfactory to the Administrative Agent which evaluates such Acquisition Properties; and 

(C) The Borrower delivers to the Administrative Agent a certificate in form and substance reasonably acceptable to the
Administrative Agent stating that the Borrower has a reasonable, good faith expectation that the value that the Lenders will attribute to such Acquisition Properties in the first redetermination of the Borrowing Base that becomes effective following
the consummation of such contemplated (or recently completed) acquisition will be greater than or equal to 25% of the stated principal amount of such Senior Notes; 

Provided, that: 

(1) the Borrowing Base shall, subject to clauses (2) and (3) below, be redetermined giving pro forma effect to the
acquisition of such Acquisition Properties in accordance with the procedures set forth in Section 2.07(c) for an Interim Redetermination, with such redetermined Borrowing Base to become effective upon the later to occur of (x) the date the
Credit Parties acquire substantially all of such Acquisition Properties and (y) the date that is 30 days following the date on which the Lenders receive the applicable Engineering Reports pursuant to clause (B) above or, in either case,
such date thereafter as reasonably practicable (provided that such redetermination shall not constitute a Scheduled Redetermination or an Interim Redetermination requested by the Borrower or the Majority Lenders); 

(2) if (i) the Credit Parties do not acquire substantially all of such Acquisition Properties for any reason prior to the
date that is 90 days following the Credit Parties’ issuance of such Senior Notes or (ii) any Credit Party knows with reasonable certainty that the Credit Parties will not acquire substantially all of such Acquisition Properties, then,
subject to clause (3) below, the redetermination referred to in the foregoing clause (1) shall not be effective and the Borrowing Base shall be automatically reduced upon the earlier to occur of the events described in clauses (i) and
(ii) in accordance with the procedures set forth in Section 2.07(e)(i) by an amount equal to 25% of the stated principal amount of such Senior Notes; 

(3) if upon consummation of such acquisition, the Credit Parties acquire at least 85% but less than 95% of the total value of
such Acquisition Properties (as reasonably determined by the Administrative Agent), (i) the Borrowing Base reduction provided for in the foregoing clause (2) shall not occur, (ii) the redetermination referred to in the foregoing
clause (1) shall not be effective and (iii) the Borrowing Base shall be redetermined giving effect to the Acquisition Properties actually acquired by the Credit 

  
 3 

 
Parties in accordance with the procedures set forth in Section 2.07(c) for an Interim Redetermination, with such redetermined Borrowing Base to become effective 15 days (or such longer
period as is reasonably necessary) following the date on which such acquisition is consummated (provided that such redetermination shall not constitute a Scheduled Redetermination or an Interim Redetermination requested by the Borrower or the
Majority Lenders), provided further, that this clause (3) shall only be given effect if the redetermination referred to in clause (1) resulted in a Proposed Borrowing Base greater than or equal to the Borrowing Base in effect
immediately prior to such redetermination; 
 (4) the Borrower shall promptly (and in any event, within two Business Days)
provide the Administrative Agent with written notice upon the Borrower knowing with reasonable certainty that the Credit Parties will not acquire substantially all of the Acquisition Properties; 

(5) for purposes of the foregoing clauses (1) and (2), “substantially all of such Acquisition Properties” shall
mean Oil and Gas Properties with a value (as reasonably determined by the Administrative Agent) of not less than 95% of the total value of all of such Acquisition Properties; and 

(6) on the date that any such acquisition occurs, the Borrower shall deliver to the Administrative Agent a certificate
certifying (w) that attached to such certificate are true, accurate and complete copies of the transaction documents evidencing and governing the acquisition of such Acquisition Properties, (x) that the Credit Parties have consummated such
acquisition in accordance with the terms of such documents, (y) as to which Acquisition Properties have been acquired and which Acquisition Properties were not acquired, and (z) as to the final purchase price for the Acquisition Properties
after giving effect to all adjustments thereto made at the closing of such acquisition (and specifying by category and amount each such adjustment). 

2.3 Amendment to Section 8.01(r). Section 8.01(r) is hereby amended by deleting the reference to “Section 9.02(i)”
and inserting in lieu thereof a reference to “Section 9.02(j)”. 
 2.4 Amendment to Section 9.02(j)(vii).
Section 9.02(j)(vii) is hereby amended and restated in its entirety to read as follows: 
 (vii) such Senior Notes do
not have any mandatory prepayment or redemption provisions (other than customary change of control or asset sale tender offer provisions) which would require a mandatory prepayment or redemption in priority to the Indebtedness; provided that if such
Senior Notes are issued to finance all or a portion of a direct or indirect acquisition of Oil and Gas Properties, such Senior Notes may contain mandatory prepayment or redemption provisions providing for the repayment or redemption of such Senior
Notes in the 

  
 4 

 
event that such acquisition is not consummated by a certain date in an amount not to exceed the principal amount of such Senior Notes and any accrued interest thereon through the prepayment or
redemption date. 
 2.5 Amendment to Section 9.04(b). Section 9.04(b) is hereby amended by deleting the reference to
“Section 9.02(i)” and inserting in lieu thereof a reference to “Section 9.02(j)”. 
 2.6 Replacement of Annex I.
Annex I to the Credit Agreement is hereby replaced in its entirety with Annex I attached hereto and Annex I attached hereto shall be deemed to be attached as Annex I to the Credit Agreement. After giving effect to this First Amendment
and any Borrowings made on the First Amendment Effective Date, (a) each Lender who holds Loans in an aggregate amount less than its Applicable Percentage (after giving effect to this First Amendment) of all Loans shall advance new Loans which
shall be disbursed to the Administrative Agent and used to repay Loans outstanding to each Lender who holds Loans in an aggregate amount greater than its Applicable Percentage of all Loans, (b) each Lender’s participation in each Letter of
Credit, if any, shall be automatically adjusted to equal its Applicable Percentage (after giving effect to this First Amendment), (c) such other adjustments shall be made as the Administrative Agent shall specify so that the Revolving Credit
Exposure applicable to each Lender equals its Applicable Percentage (after giving effect to this First Amendment) of the aggregate Revolving Credit Exposure of all Lenders and (d) the Borrower shall be required to make any break-funding
payments required under Section 5.02 of the Credit Agreement resulting from the Loans and adjustments described in this Section 2.6. 

Section 3. Aggregate Elected Commitment Amounts. Pursuant to Section 2.06(c) of the Credit Agreement, the Aggregate Elected Commitment
Amounts shall be increased to $1,500,000,000.00, effective as of the First Amendment Effective Date, and the Borrower and the Lenders agree and acknowledge that the Elected Commitment of each Lender shall be as more particularly set forth on
Annex I attached hereto and that each Lender shall be deemed to have executed and delivered Exhibit G or Exhibit H, as applicable, attached to the Credit Agreement pursuant to the terms thereof. 

Section 4. Borrowing Base Redetermination. For the period from and including the First Amendment Effective Date to but excluding the next
Redetermination Date, the amount of the Borrowing Base shall be equal to $1,500,000,000.00. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to time pursuant to Section 8.13(c) or
Section 9.12(d). For the avoidance of doubt, the redetermination herein shall constitute the October 1, 2013 Scheduled Redetermination and the next Scheduled Redetermination shall be the April 1, 2014 Scheduled Redetermination. 

Section 5. New Lenders. Each New Lender hereby joins in, becomes a party to, and agrees to comply with and be bound by the terms and conditions of
the Credit Agreement as amended hereby as a Lender thereunder and under each and every other Loan Document to which any Lender is required to be bound by the Credit Agreement as amended hereby, to the same extent as if such New Lender were an
original signatory thereto. Each New Lender hereby appoints and authorizes the Administrative Agent to take such action as agent on its behalf and to exercise such powers and discretion under the Credit Agreement as amended hereby as are delegated
to the Administrative Agent by the terms thereof, together with such powers and 

  
 5 

 
discretion as are reasonably incidental thereto. Each New Lender represents and warrants that (a) it has full power and authority, and has taken all action necessary, to execute and deliver
this First Amendment, to consummate the transactions contemplated hereby and to become a party to, and a Lender under, the Credit Agreement as amended hereby, (b) it has received a copy of the Credit Agreement and copies of the most recent
financial statements delivered pursuant to Section 8.01 thereof, and such other documents and information as it has deemed appropriate to make its own credit analysis and decision to enter into this First Amendment and to become a Lender on the
basis of which it has made such analysis and decision independently and without reliance on the Administrative Agent or any other Lender, and (c) from and after the First Amendment Effective Date, it shall be a party to and be bound by the
provisions of the Credit Agreement as amended hereby and the other Loan Documents and have the rights and obligations of a Lender thereunder. 

Section 6. Conditions Precedent. This First Amendment shall become effective as of the date when each of the following conditions is satisfied (or
waived in accordance with Section 12.02 of the Credit Agreement) (the “First Amendment Effective Date”): 
 6.1 The
Administrative Agent shall have received from each of the Lenders (including the New Lenders), each Guarantor and the Borrower, counterparts (in such number as may be requested by the Administrative Agent) of this First Amendment signed on behalf of
such Person. 
 6.2 The Administrative Agent shall have received all fees and other amounts due and payable on or prior to the date hereof,
including, without limitation, the upfront fees described in Section 6.3. 
 6.3 Contemporaneously with the effectiveness of the
increase of the Aggregate Elected Commitment Amounts contained in Section 3 hereof, the Borrower shall pay to the Administrative Agent, for the benefit of the Increasing Lenders (as defined below), upfront fees in an aggregate amount for
each such Increasing Lender equal to 0.50% of the amount of such Increasing Lender’s Increased Elected Commitment (as defined below). As used herein, “Increasing Lender” means each Lender (including the New Lenders) whose Elected
Commitment after giving effect to the increase to the Aggregate Elected Commitment Amounts pursuant to Section 3 exceeds such Lender’s Elected Commitment, if any, that was in effect immediately prior to giving effect to the increase
to the Aggregate Elected Commitment Amounts pursuant to Section 3, and “Increased Elected Commitment” means the amount of such excess. 

6.4 No Default shall have occurred and be continuing as of the date hereof, after giving effect to the terms of this First Amendment. 

6.5 The Administrative Agent shall have received the most recently prepared Reserve Report for the Oil and Gas Properties of the Borrower and
its Subsidiaries, prepared as of July 1, 2013. 
 6.6 The Administrative Agent shall have received title information as the
Administrative Agent may reasonably require satisfactory to the Administrative Agent setting forth the status of title to at least 80% of the total value of the Oil and Gas Properties evaluated in the Reserve Report delivered pursuant to
Section 6.5. 

  
 6 

 6.7 The Administrative Agent shall have received from the Borrower a duly executed and notarized
amendment and/or supplement to each mortgage which shall be reasonably satisfactory to the Administrative Agent in form and substance. In connection therewith, the Administrative Agent shall be reasonably satisfied that the Security Instruments
create first priority, perfected Liens (subject only to Excepted Liens identified in clauses (a) to (d) and (f) of the definition thereof, but subject to the provisos at the end of such definition) on at least 80% of the total value
of the Oil and Gas Properties evaluated in the Reserve Report delivered pursuant to Section 6.5. 
 6.8 To the extent requested
by a Lender (and to the extent such Lender’s Maximum Credit Amount is changing after giving effect to this First Amendment), the Administrative Agent shall have received duly executed Notes payable to each Lender in a principal amount equal to
its Maximum Credit Amount dated as of the date hereof. 
 6.9 The Administrative Agent shall have received such other documents as the
Administrative Agent or its special counsel may reasonably require. 
 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 set forth in this Section 6 or the waiver of such conditions as
permitted hereby. Such declaration shall be final, conclusive and binding upon all parties to the Credit Agreement for all purposes. 
 Section 7.
Miscellaneous. 
 7.1 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. 
 7.2 No Waiver. Neither the execution by the
Administrative Agent or the Lenders of this First Amendment, nor any other act or omission by the Administrative Agent or the Lenders or their officers in connection herewith, shall be deemed a waiver by the Administrative Agent or the Lenders of
any Defaults or Events of Default which may exist, which may have occurred prior to the date of the effectiveness of this First Amendment or which may occur in the future under the Credit Agreement and/or the other Loan Documents. Similarly, nothing
contained in this First Amendment shall directly or indirectly in any way whatsoever either: (a) impair, prejudice or otherwise adversely affect the Administrative Agent’s or the Lenders’ right at any time to exercise any right,
privilege or remedy in connection with the Loan Documents with respect to any Default or Event of Default, (b) except as expressly provided herein, amend or alter any provision of the Credit Agreement, the other Loan Documents, or any other
contract or instrument, or (c) constitute any course of dealing or other basis for altering any obligation of the Borrower or any right, privilege or remedy of the Administrative Agent or the Lenders under the Credit Agreement, the other Loan
Documents, or any other contract or instrument. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or any 

  
 7 

 
other word or words of similar import shall mean and be a reference to the Credit Agreement as amended hereby, and each reference in any other Loan Document to the Credit Agreement or any word or
words of similar import shall be and mean a reference to the Credit Agreement as amended hereby. 
 7.3 Ratification and Affirmation;
Representations and Warranties. Each Obligor hereby (a) acknowledges the terms of this First Amendment; (b) ratifies and affirms 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 (c) represents and warrants to the Lenders that as of the date hereof, after giving effect to the terms of this
First Amendment: (i) 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 (or, if already qualified by materiality, Material Adverse Effect or a similar
qualification, true and correct in all respects), 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 in all
material respects (or, if already qualified by materiality, Material Adverse Effect or a similar qualification, true and correct in all respects) as of such specified earlier date, (ii) no Default or Event of Default has occurred and is
continuing and (iii) no event or events have occurred which individually or in the aggregate could reasonably be expected to have a Material Adverse Effect. 

7.4 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 or email transmission shall be effective as delivery of a manually executed counterpart hereof. 

7.5 No Oral Agreement. This First Amendment, the Credit Agreement and the other Loan Documents executed in connection herewith and
therewith represent the final agreement between 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 between the parties. 

7.6 GOVERNING LAW. THIS FIRST AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 

7.7 Payment of Expenses. 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. 
 7.8 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. 

  
 8 

 7.9 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. 
 7.10 Loan Document. This First Amendment shall
constitute a “Loan Document” under and as defined in Section 1.02 of the Credit Agreement. 
 [SIGNATURES BEGIN NEXT PAGE]

  
 9 

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

							
	BORROWER:	 		 	OASIS PETROLEUM NORTH AMERICA LLC
				
		 		 	By:	 	 /s/ Michael Lou

		 		 	Name:	 	Michael Lou
		 		 	Title:	 	Executive Vice President and Chief
		 		 		 	Financial Officer
			
	GUARANTORS:	 		 	OASIS PETROLEUM INC.
		 		 	OASIS PETROLEUM LLC
		 		 	OASIS PETROLEUM MARKETING LLC
		 		 	OASIS WELL SERVICES LLC
		 		 	OASIS MIDSTREAM SERVICES LLC
				
		 		 	By:	 	 /s/ Michael Lou

		 		 	Name:	 	Michael Lou
		 		 	Title:	 	Executive Vice President and Chief
		 		 		 	Financial Officer

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

							
	ADMINISTRATIVE AGENT	 		 	
	AND LENDER:	 		 	WELLS FARGO BANK, N.A.,
		 		 	    as Administrative Agent and as a Lender
				
		 		 	By:	 	 /s/ Stephanie Harrell

		 		 	Name:	 	Stephanie Harrell
		 		 	Title:	 	Assistant Vice President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

							
	LENDERS:	 		 	CITIBANK, N.A., as a Lender
				
		 		 	By:	 	 /s/ Phil Ballard

		 		 	Name:	 	 Phil Ballard

		 		 	Title:	 	 Vice-President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	JPMORGAN CHASE BANK, N.A.,
	    as a Lender
		
	By:	 	 /s/ Ryan Aman

	Name:	 	 Ryan Aman

	Title:	 	 Authorized Officer

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	ROYAL BANK OF CANADA, as a Lender
		
	By:	 	 /s/ Mark Lumpkin, Jr.

	Name:	 	 Mark Lumpkin, Jr.

	Title:	 	 Authorized Signatory

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Nancy Mak

	Name:	 	 Nancy Mak

	Title:	 	 Senior Vice President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	COMPASS BANK, as a Lender
		
	By:	 	 /s/ Kathleen J. Bowen

	Name:	 	 Kathleen J. Bowen

	Title:	 	 Senior Vice President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK AGENCY., as a Lender
		
	By:	 	 /s/ Trudy Nelson

	Name:	 	 Trudy Nelson

	Title:	 	 Managing Director

		
	By:	 	 /s/ Daria Mahoney

	Name:	 	 Daria Mahoney

	Title:	 	 Executive Director

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	ING CAPITAL LLC, as a Lender
		
	By:	 	 /s/ Charles Hall

	Name:	 	 Charles Hall

	Title:	 	 Managing Director

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	THE ROYAL BANK OF SCOTLAND PLC, as a Lender
		
	By:	 	 /s/ Sanjay Remond

	Name:	 	 Sanjay Remond

	Title:	 	 Authorized Signatory

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

			
	UBS LOAN FINANCE LLC, as a Lender
		
	By:	 	 /s/ Joselin Fernandes

	Name:	 	 Joselin Fernandes

	Title:	 	 Associate Director

		 	 Banking Products Services, US

		
	By:	 	 /s/ Darlene Arias

	Name:	 	 Darlene Arias

	Title:	 	 Director

		 	 Banking Products Services, US

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	U.S. BANK NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Mark E. Thompson

	Name:	 	 Mark E. Thompson

	Title:	 	 Senior Vice President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	AMEGY BANK NATIONAL ASSOCIATION, as a Lender
		
	By:	 	 /s/ Thomas Kleiderer

	Name:	 	 Thomas Kleiderer

	Title:	 	 Vice President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

			
	BOKF, NATIONAL ASSOCIATION DBA BANK OF TEXAS, as a Lender
		
	By:	 	 /s/ Mari Salazar

	Name:	 	 Mari Salazar

	Title:	 	 Senior Vice President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	BRANCH BANKING AND TRUST COMPANY, as a Lender
		
	By:	 	 /s/ James Giordano

	Name:	 	 James Giordano

	Title:	 	 Vice President

  
 Signature Page to First
Amendment to Second Amended and Restated Credit Agreement 
 (Oasis Petroleum North America LLC) 

 
			
	COMERICA BANK, as a Lender
		
	By:	 	 /s/ Paul J. Edmonds

	Name:	 	 Paul J. Edmonds

	Title:	 	 Senior Vice President

 Signature Page to First Amendment to Second Amended and Restated Credit Agreement 

(Oasis Petroleum North America LLC) 

 
			
	HSBC BANK USA, N.A., as a Lender
		
	By:	 	 /s/ Robert Wainwright

	Name:	 	 Robert Wainwright

	Title:	 	 Vice President

 Signature Page to First Amendment to Second Amended and Restated Credit Agreement 

(Oasis Petroleum North America LLC) 

 
			
	REGIONS BANK, as a Lender
		
	By:	 	 /s/ Michael Kutcher

	Name:	 	 Michael Kutcher

	Title:	 	 Assistant Vice President

 Signature Page to First Amendment to Second Amended and Restated Credit Agreement 

(Oasis Petroleum North America LLC) 

 ANNEX I 

LIST OF MAXIMUM CREDIT AMOUNTS AND ELECTED COMMITMENTS 

Aggregate Maximum Credit Amounts and Aggregate Elected Commitment Amounts 

 

													
	 Name of Lender
	  	Applicable
Percentage	 	 	Maximum
Credit Amount	 	  	Elected
Commitment	 
				
	 Wells Fargo Bank, N.A.
	  	 	11.33333333	% 	 	$	283,333,333.33	  	  	$	170,000,000.00	  
				
	 Citibank, N.A.
	  	 	10.00000000	% 	 	$	250,000,000.00	  	  	$	150,000,000.00	  
				
	 JPMorgan Chase Bank, N.A.
	  	 	10.00000000	% 	 	$	250,000,000.00	  	  	$	150,000,000.00	  
				
	 Royal Bank of Canada
	  	 	9.00000000	% 	 	$	225,000,000.00	  	  	$	135,000,000.00	  
				
	 Capital One, National Association
	  	 	5.66666667	% 	 	$	141,666,666.67	  	  	$	85,000,000.00	  
				
	 Compass Bank
	  	 	5.66666667	% 	 	$	141,666,666.67	  	  	$	85,000,000.00	  
				
	 Canadian Imperial Bank Of Commerce, New York Agency
	  	 	5.66666667	% 	 	$	141,666,666.67	  	  	$	85,000,000.00	  
				
	 ING Capital LLC
	  	 	5.66666667	% 	 	$	141,666,666.67	  	  	$	85,000,000.00	  
				
	 The Royal Bank of Scotland plc
	  	 	5.66666667	% 	 	$	141,666,666.67	  	  	$	85,000,000.00	  
				
	 UBS Loan Finance LLC
	  	 	5.66666667	% 	 	$	141,666,666.67	  	  	$	85,000,000.00	  
				
	 U.S. Bank National Association
	  	 	5.66666667	% 	 	$	141,666,666.67	  	  	$	85,000,000.00	  
				
	 Amegy Bank National Association
	  	 	3.33333333	% 	 	$	83,333,333.33	  	  	$	50,000,000.00	  
				
	 BOKF, National Association DBA Bank of Texas
	  	 	3.33333333	% 	 	$	83,333,333.33	  	  	$	50,000,000.00	  
				
	 Branch Banking and Trust Company
	  	 	3.33333333	% 	 	$	83,333,333.33	  	  	$	50,000,000.00	  
				
	 Comerica Bank
	  	 	3.33333333	% 	 	$	83,333,333.33	  	  	$	50,000,000.00	  
				
	 HSBC Bank USA, N.A.
	  	 	3.33333333	% 	 	$	83,333,333.33	  	  	$	50,000,000.00	  
				
	 Regions Bank
	  	 	3.33333333	% 	 	$	83,333,333.33	  	  	$	50,000,000.00	  
		  	  
	  
	 	 	  
	  
	 	  	  
	  
	 
				
	 TOTAL
	  	 	100.00	% 	 	$	2,500,000,000.00	  	  	$	1,500,000,000.00

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