Document:

Exhibit

SECOND AMENDMENT TO REGISTRATION RIGHTS AGREEMENT

THIS SECOND AMENDMENT (the “Second Amendment”) TO REGISTRATION RIGHTS AGREEMENT is made and entered into as of this 30th day of September, 2016, by and among Par Pacific Holdings, Inc., a Delaware corporation (the “Company”), and the holders of registrable securities (the “Holders”) listed on the signature pages hereto. 
RECITALS:
WHEREAS, pursuant to Section 4.3 of the Registration Rights Agreement dated July 14, 2016 (as amended, the “Registration Rights Agreement”), by and among the Company and the Holders, the Registration Rights Agreement may be amended or modified by the Company and the Holders; and
WHEREAS, the Holders and the Company desire to enter into the Second Amendment to amend the definition of “Filing Deadline” set forth in the Registration Rights Agreement.
NOW, THEREFORE, the parties hereto agree to amend the Stockholders Agreement as follows:   
		
	I.
	Amendment to the Registration Rights Agreement:

1.The definition of “Filing Deadline” set forth in Section 1.1 of the Registration Rights Agreement is hereby amended and restated in its entirety and replaced with the following:
“Filing Deadline” means (i) with respect to the Resale Shelf S-3, the 15th day following the Closing Date and (ii) with respect to any Additional Registration Statement, the 30th day after the date that the Company is allowed to file such Additional Registration Statement by the SEC; provided, that if in any case the Filing Deadline falls on a Saturday, Sunday or any other day which shall be a legal holiday or a day on which the SEC is authorized or required by law or other government actions to close, the Filing Deadline shall be the following Business Day.
		
	II.
	General Provisions

1.In case of conflict between this Second Amendment and the Registration Rights Agreement, this Second Amendment shall control.
2.The Registration Rights Agreement, except as expressly amended hereby, shall remain in full force and effect. 
3.Incorporation of Certain Information by Reference. The provisions of Section 4.9 of the Registration Rights Agreement captioned “Governing Law and Venue; Waiver of Jury 

5769588v1

Trial,” are incorporated herein by reference as though such provisions were fully set forth verbatim herein and shall apply to this Second Amendment mutatis mutandis.   
4.Counterparts. This Second Amendment may be executed in several counterparts (including by facsimile, .pdf or other electronic transmission), each of which shall be deemed an original and all of which together constitute one and the same instrument.  
 [Signature appears on following page]

5769588v1

IN WITNESS WHEREOF, the parties have executed this Second Amendment to Registration Rights Agreement as of the date first written above.

COMPANY:
        
PAR PACIFIC HOLDINGS, INC.

    
By: /s/ James Matthew Vaughn    
Name:    James Matthew Vaughn    
Title:    Senior VP and General Counsel    

HOLDERS:

EGI INVESTORS, L.L.C.

    
By: /s/ Jon Wasserman    
Name:    Jon Wasserman     
Title:    Vice President    

HIGHBRIDGE INTERNATIONAL LLC

By: Highbridge Capital Management, LLC, its 
trading manager

        
By: /s/ Jonathan Segal    
Name:    Jonathan Segal    
Title:     Managing Director    

        
HIGHBRIDGE TACTICAL CREDIT &   
      CONVERTIBLES MASTER FUND, L.P.

By: Highbridge Capital Management, LLC, its 
trading manager

    
By: /s/ Jonathan Segal    
Name:    Jonathan Segal    
Title:    Managing Director    

[SIGNATURE PAGE TO SECOND AMENDMENT TO REGISTRATION RIGHTS AGREEMENT]Exhibit

THIRD AMENDMENT TO REGISTRATION RIGHTS AGREEMENT

THIS THIRD AMENDMENT (the “Third Amendment”) TO REGISTRATION RIGHTS AGREEMENT is made and entered into as of this 7th day of October, 2016, by and among Par Pacific Holdings, Inc., a Delaware corporation (the “Company”), and the holders of registrable securities (the “Holders”) listed on the signature pages hereto. 
RECITALS:
WHEREAS, pursuant to Section 4.3 of the Registration Rights Agreement dated July 14, 2016 (as amended, the “Registration Rights Agreement”), by and among the Company and the Holders, the Registration Rights Agreement may be amended or modified by the Company and the Holders; and
WHEREAS, the Holders and the Company desire to enter into the Third Amendment to amend the definition of “Filing Deadline” set forth in the Registration Rights Agreement.
NOW, THEREFORE, the parties hereto agree to amend the Stockholders Agreement as follows:   
		
	I.
	Amendment to the Registration Rights Agreement:

1.The definition of “Filing Deadline” set forth in Section 1.1 of the Registration Rights Agreement is hereby amended and restated in its entirety and replaced with the following:
“Filing Deadline” means (i) with respect to the Resale Shelf S-3, the 22nd day following the Closing Date and (ii) with respect to any Additional Registration Statement, the 30th day after the date that the Company is allowed to file such Additional Registration Statement by the SEC; provided, that if in any case the Filing Deadline falls on a Saturday, Sunday or any other day which shall be a legal holiday or a day on which the SEC is authorized or required by law or other government actions to close, the Filing Deadline shall be the following Business Day.
		
	II.
	General Provisions

1.In case of conflict between this Third Amendment and the Registration Rights Agreement, this Third Amendment shall control.
2.The Registration Rights Agreement, except as expressly amended hereby, shall remain in full force and effect. 
3.Incorporation of Certain Information by Reference. The provisions of Section 4.9 of the Registration Rights Agreement captioned “Governing Law and Venue; Waiver of Jury 

5782041v1

Trial,” are incorporated herein by reference as though such provisions were fully set forth verbatim herein and shall apply to this Third Amendment mutatis mutandis.   
4.Counterparts. This Third Amendment may be executed in several counterparts (including by facsimile, .pdf or other electronic transmission), each of which shall be deemed an original and all of which together constitute one and the same instrument.  
 [Signature appears on following page]

5782041v1

IN WITNESS WHEREOF, the parties have executed this Third Amendment to Registration Rights Agreement as of the date first written above.

COMPANY:
        
PAR PACIFIC HOLDINGS, INC.

    
By: /s/ James Matthew Vaughn    
Name:    James Matthew Vaughn    
Title:    Senior VP and General Counsel    

HOLDERS:

EGI INVESTORS, L.L.C.

    
By: /s/ Phillip G. Tinkler    
Name:    Phillip G. Tinkler    
Title:    Vice President    

HIGHBRIDGE INTERNATIONAL LLC

By: Highbridge Capital Management, LLC, its 
trading manager

        
By: /s/ Jonathan Segal    
Name:    Jonathan Segal    
Title:     Managing Director    

        
HIGHBRIDGE TACTICAL CREDIT &   
      CONVERTIBLES MASTER FUND, L.P.

By: Highbridge Capital Management, LLC, its 
trading manager

    
By: /s/ Jonathan Segal    
Name:    Jonathan Segal    
Title:    Managing Director    

[SIGNATURE PAGE TO THIRD AMENDMENT TO REGISTRATION RIGHTS AGREEMENT]Exhibit

FOURTH AMENDMENT TO REGISTRATION RIGHTS AGREEMENT

THIS FOURTH AMENDMENT (the “Fourth Amendment”) TO REGISTRATION RIGHTS AGREEMENT is made and entered into as of this 14th day of October, 2016, by and among Par Pacific Holdings, Inc., a Delaware corporation (the “Company”), and the holders of registrable securities (the “Holders”) listed on the signature pages hereto. 
RECITALS:
WHEREAS, pursuant to Section 4.3 of the Registration Rights Agreement dated July 14, 2016 (as amended, the “Registration Rights Agreement”), by and among the Company and the Holders, the Registration Rights Agreement may be amended or modified by the Company and the Holders; and
WHEREAS, the Holders and the Company desire to enter into the Fourth Amendment to amend the definition of “Filing Deadline” set forth in the Registration Rights Agreement.
NOW, THEREFORE, the parties hereto agree to amend the Stockholders Agreement as follows:   
		
	I.
	Amendment to the Registration Rights Agreement:

1.The definition of “Filing Deadline” set forth in Section 1.1 of the Registration Rights Agreement is hereby amended and restated in its entirety and replaced with the following:
“Filing Deadline” means (i) with respect to the Resale Shelf S-3, the 30th day following the Closing Date and (ii) with respect to any Additional Registration Statement, the 30th day after the date that the Company is allowed to file such Additional Registration Statement by the SEC; provided, that if in any case the Filing Deadline falls on a Saturday, Sunday or any other day which shall be a legal holiday or a day on which the SEC is authorized or required by law or other government actions to close, the Filing Deadline shall be the following Business Day.
		
	II.
	General Provisions

1.In case of conflict between this Fourth Amendment and the Registration Rights Agreement, this Fourth Amendment shall control.
2.The Registration Rights Agreement, except as expressly amended hereby, shall remain in full force and effect. 
3.Incorporation of Certain Information by Reference. The provisions of Section 4.9 of the Registration Rights Agreement captioned “Governing Law and Venue; Waiver of Jury 

5858101v1

Trial,” are incorporated herein by reference as though such provisions were fully set forth verbatim herein and shall apply to this Fourth Amendment mutatis mutandis.   
4.Counterparts. This Fourth Amendment may be executed in several counterparts (including by facsimile, .pdf or other electronic transmission), each of which shall be deemed an original and all of which together constitute one and the same instrument.  
 [Signature appears on following page]

5858101v1

IN WITNESS WHEREOF, the parties have executed this Fourth Amendment to Registration Rights Agreement as of the date first written above.

COMPANY:
        
PAR PACIFIC HOLDINGS, INC.

    
By: /s/ James Matthew Vaughn    
Name:    James Matthew Vaughn    
Title:    Senior VP and General Counsel    

HOLDERS:

EGI INVESTORS, L.L.C.

    
By: /s/ Phillip G. Tinkler    
Name:    Phillip G. Tinkler    
Title:    Vice President    

HIGHBRIDGE INTERNATIONAL LLC

By: Highbridge Capital Management, LLC, its 
trading manager

        
By: /s/ Jonathan Segal    
Name:    Jonathan Segal    
Title:     Managing Director    

        
HIGHBRIDGE TACTICAL CREDIT &   
      CONVERTIBLES MASTER FUND, L.P.

By: Highbridge Capital Management, LLC, its 
trading manager

    
By: /s/ Jonathan Segal    
Name:    Jonathan Segal    
Title:    Managing Director    

[SIGNATURE PAGE TO FOURTH AMENDMENT TO REGISTRATION RIGHTS AGREEMENT]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00263-of-00352.parquet"}]]