Document:

Unassociated Document

    TERM
NOTE

     

    
      	$5,850,000.00	
              New York, New
      York

            
	 	
              February 14,
      2008

            

    

     

    This Term
Note (this “Note”) is executed and delivered under and pursuant to the terms of
that certain Revolving Credit, Term Loan and Security Agreement dated as of the
date hereof  (as amended, modified, supplemented or restated from time
to time, the “Loan Agreement”) by and among HYBROOK RESOURCES CORP. (to be
renamed BEST ENERGY SERVICES, INC.), a Nevada corporation (“Best”), BOB BEEMAN
DRILLING COMPANY, a Utah corporation (“BBD”) and BEST WELL SERVICE, INC., a
Kansas corporation (“BWS” and together with Best and BBD, each a “Borrower” and
jointly and severally, the “Borrowers”), PNC BANK, NATIONAL ASSOCIATION (“PNC”),
the various other financial institutions named therein or which hereafter become
a party thereto (together with PNC, collectively, the “Lenders”) and PNC as
agent for the Lenders (in such capacity, “Agent”).  Capitalized terms
not otherwise defined herein shall have the meanings ascribed thereto in the
Loan Agreement.

     

    FOR VALUE
RECEIVED, Borrowers jointly and severally promise to pay to the order of PNC
BANK, NATIONAL ASSOCIATION (“PNC”) at Agent’s offices located at Two Tower
Center Boulevard, East Brunswick, New Jersey 08816, or at such other place as
the holder hereof may from time to time designate to Borrowing Agent in
writing:

     

    (i) the
principal sum of FIVE MILLION EIGHT HUNDRED FIFTY THOUSAND DOLLARS
($5,850,000.00), or if different from such amount, PNC’s Commitment Percentage
of the unpaid principal balance of the Term Loan as may be due and owing from
time to time under the Loan Agreement, payable in accordance with the provisions
of the Loan Agreement, subject to acceleration upon the occurrence of an Event
of Default under the Loan Agreement or earlier termination of the Loan Agreement
pursuant to the terms thereof; and

     

    (ii) interest
on the principal amount of this Note from time to time outstanding payable at
the applicable Term Loan Rate in accordance with the provisions of the Loan
Agreement.  Upon and after the occurrence of an Event of Default, and
during the continuation thereof, interest shall be payable at the applicable
Default Rate.  In no event, however, shall interest hereunder exceed
the maximum interest rate permitted by law.

     

    This Note
is one of the Term Notes referred to in the Loan Agreement and is secured, inter
alia, by the liens granted pursuant to the Loan Agreement and the Other
Documents, is entitled to the benefits of the Loan Agreement and the Other
Documents, and is subject to all of the agreements, terms and conditions therein
contained.

     

    This Note
is subject to mandatory prepayment and may be voluntarily prepaid, in whole or
in part, on the terms and conditions set forth in the Loan
Agreement.

     

    If an
Event of Default under Section 10.7 of the Loan Agreement shall occur, then this
Note shall immediately become due and payable, without notice, together with
attorneys’ fees if the collection hereof is placed in the hands of an attorney
to obtain or enforce payment hereof.  If any other Event of Default
shall occur under the Loan Agreement or any of the Other Documents which is not
cured within any applicable grace period, then this Note may, as provided in the

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Loan
Agreement, be declared to be immediately due and payable, without notice,
together with attorneys’ fees, if the collection hereof is placed in the hands
of an attorney to obtain or enforce payment hereof.

     

    This Note
shall be governed by and construed in accordance with the laws of the State of
New York.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      Each
Borrower expressly waives any presentment, demand, protest, notice of protest,
or notice of any kind except as expressly provided in the Loan
Agreement.

       

      
        	 	
                HYBROOK RESOURCES
      CORP.

              
	 	
                to
      be renamed BEST ENERGY SERVICES, INC.)

              
	 	 
	 	
                By: /s/ Larry
    Hargrave

              
	 	
                Name: Larry
      Hargrave

              
	 	
                Title:
      CEO

              

      

       

      
         

        
          	 	
                  BOB BEEMMAN
      DRILLING, COMPANY

                
	 	 
	 	By: /s/ Larry Hargrave
	 	Name: Larry
      Hargrave
	 	
                  Title:
      President

                

        

         

      

       

      
        	 	BEST WELL SERVICE,
      INC.
	 	 
	
                 

              	
                By: /s/ Larry
    Hargrave

              
	 	
                Name: Larry
      Hargrave

              
	 	
                Title:
      President

              

      

       

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      
        
          	STATE OF TEXAS	)
	 	) ss.
	COUNTY OF MONTGOMERY	)

           

          On this
12TH day of FEBRUARY, 2008, before me personally came LARRY HARGRAVE, to me
known, who, being by me duly sworn, did depose and say that s/he is the CEO of
HYBROOK RESOURCES CORP., the corporation described in and which executed the
foregoing instrument; and that s/he signed her/his name thereto by order of the
board of directors of said corporation.

           

          /s/
Erin Krebs

          Notary
Public

        

      

    

     

    
      
        
          	STATE OF TEXAS	)
	 	) ss.
	COUNTY OF MONTGOMERY	)

           

          On this
12TH day of FEBRUARY, 2008, before me personally came LARRY HARGRAVE, to me
known, who, being by me duly sworn, did depose and say that s/he is the
PRESIDENT of BOB BEEMAN DRILLING COMPANY, the corporation described in and which
executed the foregoing instrument; and that s/he signed her/his name thereto by
order of the board of directors of said corporation.

           

          /s/
Erin Krebs

          Notary
Public

        

      

    

     

    
      
        
          
            	STATE OF TEXAS	)
	 	) ss.
	COUNTY OF MONTGOMERY	)

             

            On this
12TH day of FEBRUARY, 2008, before me personally came LARRY HARGRAVE, to me
known, who, being by me duly sworn, did depose and say that s/he is the
PRESIDENT of BEST WELL SERVICE, INC., the corporation described in and which
executed the foregoing instrument; and that s/he signed her/his name thereto by
order of the board of directors of said corporation.

             

            /s/
Erin Krebs

            Notary
PublicUnassociated Document

    
      REVOLVING
CREDIT NOTE

      
        
        

         

        
          	$19,150,000.00	
                  New York, New
      York

                
	 	
                  February
      14, 2008

                

        

         

        This
Revolving Credit Note (this “Note”) is executed and delivered under and pursuant
to the terms of that certain Revolving Credit, Term Loan and Security Agreement
dated as of the date hereof (as amended, modified, supplemented or restated from
time to time, the “Loan Agreement”) by and among HYBROOK RESOURCES CORP. (to be
renamed BEST ENERGY SERVICES, INC.), a Nevada corporation (“Best”), BOB BEEMAN
DRILLING COMPANY, a Utah corporation (“BBD”), BEST WELL SERVICE, INC., a Kansas
corporation (“BWS” and together with Best and BBD, each a “Borrower” and jointly
and severally, the “Borrowers”), PNC BANK, NATIONAL ASSOCIATION (“PNC”), the
various other financial institutions named therein or which hereafter become a
party thereto (together with PNC, collectively, the “Lenders”) and PNC as agent
for the Lenders (in such capacity, “Agent”).  Capitalized terms not
otherwise defined herein shall have the meanings ascribed thereto in the Loan
Agreement.

         

        FOR VALUE
RECEIVED, Borrowers hereby jointly and severally promise to pay to the order of
PNC BANK, NATIONAL ASSOCIATION (“PNC”) at Agent’s offices located at Two Tower
Center Boulevard, East Brunswick, New Jersey 08816, or at such other place as
the holder hereof may from time to time designate to Borrowing Agent in
writing:

         

        (i) the
principal sum of NINETEEN MILLION ONE HUNDRED FIFTY THOUSAND DOLLARS
($19,150,000.00), or if different from such amount, PNC’s Commitment Percentage
of the unpaid principal balance of Revolving Advances as may be due and owing
from time to time under the Loan Agreement, payable in accordance with the
provisions of the Loan Agreement, subject to acceleration upon the occurrence of
an Event of Default under the Loan Agreement, or earlier termination of the Loan
Agreement pursuant to the terms thereof; and

         

        (ii) interest
on the principal amount of this Note from time to time outstanding, payable at
the applicable Revolving Interest Rate in accordance with the provisions of the
Loan Agreement.  Upon and after the occurrence of an Event of Default,
and during the continuation thereof, interest shall be payable at the applicable
Default Rate.  In no event, however, shall interest hereunder exceed
the maximum interest rate permitted by law.

         

        This Note
is one of the Revolving Credit Notes referred to in the Loan Agreement and is
secured, inter alia, by the liens granted pursuant to the Loan Agreement and the
Other Documents, is entitled to the benefits of the Loan Agreement and the Other
Documents, and is subject to all of the agreements, terms and conditions therein
contained.

         

        This Note
may be voluntarily prepaid, in whole or in part, on the terms and conditions set
forth in the Loan Agreement.

         

        If an
Event of Default under Section 10.7 of the Loan Agreement shall occur, then this
Note shall immediately become due and payable, without notice, together with
attorneys’ fees if the collection hereof is placed in the hands of an attorney
to obtain or enforce payment hereof.  If any other Event of Default
shall occur under the Loan Agreement or any of the Other Documents 

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        which is
not cured within any applicable grace period, then this Note may, as provided in
the Loan Agreement, be declared to be immediately due and payable, without
notice, together with attorneys’ fees, if the collection hereof is placed in the
hands of an attorney to obtain or enforce payment hereof.

         

        This Note
shall be governed by and construed in accordance with the laws of the State of
New York.

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          Each
Borrower expressly waives any presentment, demand, protest, notice of protest,
or notice of any kind except as expressly provided in the Loan
Agreement.

           

          
            
              
                	 	
                        HYBROOK RESOURCES
      CORP.

                      
	 	
                        to
      be renamed BEST ENERGY SERVICES, INC.)

                      
	 	 
	 	
                        By: /s/ Larry
    Hargrave

                      
	 	
                        Name: Larry
      Hargrave

                      
	 	
                        Title:
      CEO

                      

              

               

              
                 

                
                  	 	
                          BOB BEEMMAN
      DRILLING, COMPANY

                        
	 	 
	 	By: /s/ Larry Hargrave
	 	Name: Larry
      Hargrave
	 	
                          Title:
      President

                        

                

                 

              

               

              
                	 	BEST WELL SERVICE,
      INC.
	 	 
	
                         

                      	
                        By: /s/ Larry
    Hargrave

                      
	 	
                        Name: Larry
      Hargrave

                      
	 	
                        Title:
      President

                      

              

            

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

         

        
          
            
              
                	STATE OF TEXAS	)
	 	) ss.
	COUNTY OF MONTGOMERY	)

                 

                On this
12TH day of FEBRUARY, 2008, before me personally came LARRY HARGRAVE, to me
known, who, being by me duly sworn, did depose and say that s/he is the CEO of
HYBROOK RESOURCES CORP., the corporation described in and which executed the
foregoing instrument; and that s/he signed her/his name thereto by order of the
board of directors of said corporation.

                 

                /s/
Erin Krebs

                Notary
Public

                 

                
                  	STATE OF TEXAS	)
	 	) ss.
	COUNTY OF MONTGOMERY	)

                   

                  On this
12TH day of FEBRUARY, 2008, before me personally came LARRY HARGRAVE, to me
known, who, being by me duly sworn, did depose and say that s/he is the
PRESIDENT of BOB BEEMAN DRILLING COMPANY, the corporation described in and which
executed the foregoing instrument; and that s/he signed her/his name thereto by
order of the board of directors of said corporation.

                   

                  /s/
Erin Krebs

                  Notary
Public

                   

                  
                    	STATE OF TEXAS	)
	 	) ss.
	COUNTY OF MONTGOMERY	)

                     

                    On this
12TH day of FEBRUARY, 2008, before me personally came LARRY HARGRAVE, to me
known, who, being by me duly sworn, did depose and say that s/he is the
PRESIDENT of BEST WELL SERVICE, INC., the corporation described in and which
executed the foregoing instrument; and that s/he signed her/his name thereto by
order of the board of directors of said corporation.

                     

                    /s/
Erin Krebs

                    Notary
Public

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