Document:

ex10_4.htm

    Exhibit 10.4

     

      
        

      

    

    
 

    FIRST
AMENDMENT

     

    TO

     

    MASTER
CRUDE OIL PURCHASE AND SALE CONTRACT

     

    Dated
Effective as of April 1, 2006

     

    among

     

    

    UTEXAM
LIMITED,

    AS
SELLER,

     

    

     

    AND

     

    

     

    FRONTIER
OIL AND REFINING COMPANY,

    AS
PURCHASER,

     

    

     

    FRONTIER
OIL CORPORATION,

    AS
GUARANTOR

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    FIRST
AMENDMENT TO MASTER CRUDE OIL PURCHASE AND SALE CONTRACT

     

    THIS FIRST
AMENDMENT TO MASTER CRUDE OIL PURCHASE AND SALE CONTRACT (this “First Amendment”)
dated effective as of April 1, 2006, is among Utexam Limited, a company
incorporated under the laws of the Republic of Ireland (the “Seller”), Frontier
Oil and Refining Company, a Delaware corporation (the “Purchaser”), and
Frontier Oil Corporation, a Wyoming corporation (the “Guarantor”).

     

    R E C I T A L
S

     

    A.           The
Seller, the Purchaser and the Guarantor are parties to that certain Master Crude
Oil Purchase and Sale Contract dated as of March 10, 2006 (the “Agreement”) pursuant
to which the Seller has agreed to sell and the Purchaser has agreed to buy, in
each case, subject to the terms and conditions set forth therein, certain
quantities of Crude Oil.

     

    B.           The
Seller, the Purchaser and the Guarantor have agreed to amend certain provisions
of the Agreement.

     

    C.           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
Agreement.  Unless otherwise indicated, all section references in this
First Amendment refer to sections of the Agreement.

     

    Section
2. Amendments to
Agreement.

     

    2.1 Amendments to Section
1.01.

     

    (a) The
definition of “CMA” is hereby amended to read as follows:

     

    “CMA” shall mean for
any calendar month (a) the average of the daily settlement prices (expressed in
United States Dollars per Barrel) for the first nearby or prompt futures
contract for West Texas Intermediate Crude Oil as traded on the NYMEX (trading
days only), or (b) in the event a Supply Contract utilizes a reference or index
price other than CMA to establish the Acquisition Cost, such price as the Seller
and the Purchaser shall mutually agree.

    

    (b) The
definition of “Initial Swap” is hereby amended to read as follows:

     

    “Initial Swap” shall
mean any initial Swap, as identified by a confirmation number, applicable to a
Batch of Crude Oil and shall include any Swap executed under clauses (i), (ii)
or (iii) of Section 2.01(f) which is not a Replacement Swap.

     

    2.2 Time for Execution of
Swaps.  Clause (iv) of Section 2.01(b) is hereby amended to
read as follows and new clause (v) is added to Section 2.01(b):

     

    
      	
              (iv)  

            	
              Not
      sooner than the date of execution of a Deal Sheet, but in no event later
      than the first (1st) Business Day of the Injection Month applicable to the
      Crude Oil identified in each such Deal Sheet, Purchaser will consult with
      and advise Seller with respect to its execution of one or more Swaps with
      the Swap Provider as contemplated in clauses (i), (ii), (iii) and (iv) of
      Section 2.01(f); provided, however, if Purchaser fails to consult with and
      advise Seller with respect to any Swap, Seller may, on the first (1st)
      Business Day of the Injection Month described above and throughout each
      trading day of such Injection Month, proceed to execute such Ratable Swaps
      as defined in Section 2.01(f)(i).

            

    

     

    
      	
              (v)  

            	
              Notwithstanding
      the foregoing, if Purchaser shall advise Seller subsequent to the first
      (1st) Business Day of the Injection Month, with respect to any Batch or
      volumes that remain unhedged, then the Seller shall execute, in accordance
      with Purchaser’s advice, Swaps with the Swap Provider as contemplated in
      clause (ii) and clause (iii) of Section
2.01(f).

            

    

     

    2.3 Time of
Payment.  Section 2.01(d) is hereby amended to read as
follows:

     

    (d)           Seller
shall cause to be provided to Purchaser an invoice for the Purchase Price for
each Batch of Crude Oil Delivered (including for the avoidance of doubt, any
amounts not Delivered as the result of Transportation Allowances) in any
Delivery Month no later than the 10th day of the calendar month following such
Delivery Month.  All payments under this Agreement by Purchaser shall
be made by wire transfer not later than 1:00 p.m. New York City time in
immediately available funds on the relevant Payment Date to:

     

    
      	
               
      

            	
              Bank
      Name:

            	
              BNP
      Paribas New York

            

    

    
      	
               
      

            	
              ABA
      Account:

            	
              0260-0768-9

            

    

    
      	
               
      

            	
              Instructions:

            	
              For
      further credit to the account of Utexam Limited under Account No.
      0200-605032-001 74 USD;

            

    

    

    or such
other account designated by Seller from time to time; provided, however, any
change in account shall not be effective until the third (3rd) Business Day
following Purchaser’s receipt of Seller’s designation of a new payment
account.

    

    2.4 Swaps.  Section
2.01(f) is hereby amended to read as follows:

     

    (f) Swaps.  For
purposes of this Agreement and the calculation of the Swap Settlements, Seller
agrees in consultation with Purchaser to execute Swaps including Ratable Swaps,
Injection Swaps and Off-take Swaps (as such terms are defined below), or any
combination thereof, relating to one or more Batches (or other quantities) to be
Delivered under this Agreement having the following terms:

     

    (i)
“Ratable Swaps” shall be Swaps whereby (A) the Seller is the floating price
payor, as defined in the Master Agreement, for a quantity set forth in the
applicable Deal Sheets for the relevant Off-take Month; (B) such ratable Swaps
shall be executed each Business Day of the relevant Injection Month for
settlement during the originally scheduled Off-take Month in a quantity equal to
the quotient of 100 % of the quantity scheduled for such Off-take Month and the
number of Business Days in the relevant Injection Month; (C) the floating price
for any calculation period shall always be (unless otherwise agreed in writing
by the Purchaser) the arithmetic average of the settlement price per barrel of
West Texas Intermediate Light Sweet Crude Oil for each commodity business day in
such calculation period on the NYMEX of the futures contract corresponding to
the relevant Off-take Month during which delivery of such Batch (or other
quantities) is originally scheduled; and (D) the settlement date for such Swap
shall be the 20th day (or the nearest Business Day) of the calendar month
following the originally scheduled Off-take Month or, if Delivery is thereafter
delayed, the 20th day (or the nearest Business Day) of the calendar month
following the amended Off-take Month during which Delivery is then anticipated,
as evidenced by the amended Deal Sheet and Replacement Swap, if any, applicable
thereto.

     

    (ii)
“Injection Swaps” shall be Swaps related to the price of Barrels during the
Injection Month for which (A) Seller shall be the fixed price payor as defined
in the Master Agreement and shall receive a floating price, (B) the notional
volume associated with each Swap shall correspond to the number of Barrels to be
purchased by Seller during such Injection Month, (C) the floating price for any
calculation period shall always be (unless otherwise agreed in writing by
Purchaser) the arithmetic average of the settlement price per Barrel of West
Texas Intermediate Light Sweet Crude Oil for each commodity business day in such
calculation period on the NYMEX of the futures contract corresponding to the
Injection Month during which such Batch (or other quantities) is originally
purchased, and (D) the settlement date for such Swap shall be the 20th day (or
the nearest Business Day) of the calendar month following the originally
scheduled Off-take Month or, if delivery is thereafter delayed, the 20th day (or
the nearest Business Day) of the calendar month following the amended Off-take
Month during which Delivery is then anticipated, as evidenced by the amended
Deal Sheet and Replacement Swap, if any, applicable thereto; and

     

    (iii)
“Off-take Swaps” shall be Swaps related to the price of Barrels during the
originally scheduled Off-take Month for which (A) Seller shall be the floating
price payor as defined in the Master Agreement and shall receive a fixed price,
(B) the notional volume associated with each Swap shall correspond to the number
of Barrels to be Delivered during such Off-take Month, (C) the floating price
for any calculation period shall always be (unless otherwise agreed in writing
by Purchaser) the arithmetic average of the settlement price per Barrel of West
Texas Intermediate Light Sweet Crude Oil for each commodity business day in such
calculation period on the NYMEX of the futures contract corresponding to the
Off-take Month during which delivery of such Batch (or other quantities) is
originally scheduled, and (D) the settlement date for such Swap shall be the
20th day (or the nearest Business Day) of the calendar month following the
originally scheduled Off-take Month or, if Delivery is thereafter delayed, the
20th day (or the nearest Business Day) of the calendar month following the
amended Off-take Month during which Delivery is then anticipated, as evidenced
by the amended Deal Sheet and Replacement Swap, if any, applicable
thereto.

     

    (iv)  Each
Swap under (ii) and (iii) shall be executed by the Seller as coincident Swap
transactions, and as such, shall generate a single confirmation in accordance
with the Master Agreement.

     

    (v)   Each
Swap under clauses (i), (ii), or (iii) above shall comply with the terms and
provisions of the Master Agreement.

     

    2.5           Amendment to Section
2.03(a).  Section 2.03(a) is hereby deleted in its entirety and
the following inserted in lieu thereof:

     

    (a) Each
of Seller and Purchaser shall take such actions as shall be necessary to
properly nominate, schedule and confirm the delivery and receipt of Crude Oil
subject to each Transaction at the relevant Delivery Location in each Delivery
Month in compliance with applicable rules and regulations of the transporting
Pipeline(s).  Without limiting the foregoing, and to the extent the
Delivery Location for a Transaction is on the Spearhead Pipeline, Seller shall
assign to Purchaser, and Purchaser shall assume and accept, Seller's rights in
the Crude Oil transportation tariff applicable to the Spearhead Pipeline and the
associated portion of the Enbridge Pipeline that is located in the United
States, such rights currently derived from CCPS Transportation, LLC’s (“CCPS”) Tariff No. 11
on file with the Federal Energy Regulatory Commission, as supplemented, amended
or replaced from time to time (the “CCPS
Tariff”).  Seller’s assignment and Purchaser's assumption of
the foregoing rights shall be limited to the Batches involved in a Transaction
and shall be evidenced by certificates acceptable as to form and substance by
each of CCPS, Seller and Purchaser.

     

    2.6           Amendment to Section
2.03(b).  The second sentence of Section 2.03(b) is hereby
deleted and the following inserted in lieu thereof:

     

    In
connection with Crude Oil purchased by Seller under the Supply Contracts for
resale to Purchaser in the Transactions, Purchaser shall act as Seller’s
representative in making all necessary ministerial arrangements with respect to
nominating and scheduling deliveries, executing certificates in respect of the
CCPS Tariff under Section 2.03(a), managing overall imbalance and cash-out
exposure, trade imbalances with other shippers on each Pipeline’s system, and
cash-out imbalances with transporters, including, taking actions to avoid or
mitigate pipeline and distribution system penalties associated with
transportation, distribution and delivery of Seller Crude Oil, including
monitoring for system alert or operational notices, communicating with the
Pipelines regarding operational matters that may affect imbalances or penalties,
and taking actions to comply with or respond to any of the foregoing and
handling any issues related thereto, and, in the event transportation of Seller
Crude Oil is interrupted or suspended by a transporting Pipeline, assisting in
arranging for storage of such Crude Oil on such terms and conditions as Seller
deems acceptable (all of the foregoing being referred to as the “Transportation
Activities”).  

     

    Section
3. Miscellaneous.

     

    3.1 Confirmation.  The
provisions of the Agreement, as amended by this First Amendment, shall remain in
full force and effect following the effectiveness of this First
Amendment.

     

    3.2 Ratification and
Affirmation; Representations and Warranties.  Each party hereby
(a) acknowledges the terms of this First Amendment; and (b) ratifies and affirms
its obligations under, and acknowledges, renews and extends its continued
liability under, each Transaction Document to which it is a party and agrees
that each Transaction Document to which it is a party remains in full force and
effect, except as expressly amended hereby, notwithstanding the amendments
contained herein.

     

    3.3 Transaction
Document.  This First Amendment is a “Transaction Document” as
defined and described in the Agreement and all of the terms and provisions of
the Agreement relating to Transaction Documents shall apply hereto.

     

    3.4 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 transmission shall be effective as delivery
of a manually executed counterpart hereof.

     

    3.5 No Oral
Agreement.  This First Amendment, the Agreement and the other
Transaction 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.

     

    3.6 GOVERNING
LAW.  THIS FIRST AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED
IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK AND APPLICABLE FEDERAL LAWS
OF THE UNITED STATES OF AMERICA.

     

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

     

    UTEXAM
LIMITED

     

    By:  /s/ Thomas
Woulfe

    Name:
Thomas Woulfe

    Title:  Director

    

    

    By:  /s/ Clive W.
Christie

    Name:  Clive
W. Christie

    Title:  Company
Secretary

    

    

    FRONTIER
OIL AND REFINING COMPANY,

    as
Purchaser

     

    By:  /s/ Michael C.
Jennings

    Michael
C. Jennings

    Executive
Vice President – Chief Financial

    Officer

     

    

    FRONTIER
OIL CORPORATION, as Guarantor

     

    By: /s/ Doug S.
Aron

           Doug S. Aron

           Vice President - Corporate
Financeex10_7.htm

    Exhibit 10.7

     

    
      Consent of Frontier Oil and Refining Company to the
Second Amendment to the Revolving Credit Agreement (Uncommitted) dated as of
Maech 8, 2007.

      
        Consent of Frontier Oil and Refining Company to the
Second Amendment to the Revolving Credit Agreement (Uncommitted) dated as of May
16, 2007.

      

      
        Consent of Frontier Oil and Refining Company to the
Second Amendment to the Revolving Credit Agreement (Uncommitted) dated as of
January 20, 2009.

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

    

     

    March 8, 2007

     

    

    Frontier
Oil and Refining Company

    4610 S.
Ulster Street, Suite 200

    Denver,
Colorado  80237

    Attention:
Mr. Joey W. Purdy

    Telephone
No.: 303.714.0125

    Telecopier
No.: 303.714.1030

     

    Re:          Master
Crude Oil Purchase and Sale Contract dated as of March 10, 2006, among
Utexam Limited, a company incorporated under the laws of the Republic of
Ireland. as seller, Frontier Oil and Refining Company, a Delaware corporation,
as purchaser, and Frontier Oil Corporation, a Wyoming corporation, as guarantor
(as the same has been amended from time to time, the "Purchase and Sale
Contract").

     

    To Whom
it May Concern:

     

    Pursuant
to Section 4.02(b) of the Purchase and Sale Contract, this letter evidences the
Purchaser's consent to amend the Credit Facility to extend the Credit Facility
for one year, in the form of amendment attached hereto as Exhibit
A.

     

    This
letter 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 letter by
facsimile transmission shall be effective as delivery of a manually executed
counterpart hereof..

    

    Very truly yours,

    

    UTEXAM LIMITED

    

    By: /s/ Thomas
Woulfe

    Name:
Thomas Woulfe

    Title:
Director

    

    By: /s/ Clive W.
Christie

    Name:
Clive W. Christie

    Title:
Company Secretary

    

    Accepted
and agreed:

     

    FRONTIER
OIL AND REFINING COMPANY,

    as
Purchaser

     

    By: /s/ Michael C.
Jennings

    Name:
Michael C. Jennings

    Title:
EVP & CFO

     

    FRONTIER
OIL CORPORATION, as Guarantor

     

    By: /s/ Doug S.
Aron

    Name:
Doug S. Aron

    Title:
Vice President—Corporate Finance

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

Exhibit A

    
      

       

      SECOND
AMENDMENT

       

      TO

       

      REVOLVING
CREDIT AGREEMENT (UNCOMMITTED)

       

      DATED
AS OF

       

      MARCH
__, 2007

       

      AMONG

      

      UTEXAM
LIMITED,

      AS
BORROWER,

      

      BNP
PARIBAS,

      AS
ADMINISTRATIVE AGENT,

      

      AND

       

      THE
LENDERS PARTY HERETO

       

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      SECOND
AMENDMENT TO REVOLVING CREDIT AGREEMENT (UNCOMMITTED)

      

      THIS SECOND
AMENDMENT TO REVOLVING CREDIT AGREEMENT (UNCOMMITTED) (this “Second Amendment”)
dated as of March __, 2007, is among UTEXAM LIMITED, a company
incorporated under the laws of Ireland (the “Borrower”); BNP
PARIBAS, as administrative agent (in such capacity, together with its
successors in such capacity, the “Administrative
Agent”) for the lenders party to the Credit Agreement referred to below
(collectively, the “Lenders”); and the
undersigned Lenders.

       

      R E C I T A L
S

       

      A.           The
Borrower, the Administrative Agent and the Lenders are parties to that certain
Credit Agreement dated as of March 10, 2006, as amended by the First Amendment
to Credit Agreement, dated October 24, 2006 (as amended, the “Credit Agreement”),
pursuant to which the Lenders have made certain extensions of credit available
to the Borrower.

       

      B.           The
Borrower has requested and the Lenders have agreed to extend the maturity of the
facility.

       

      C.           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. Unless
otherwise indicated, all references to Sections in this Second Amendment refer
to Sections of the Credit Agreement.

       

      Section
2. Amendments to Credit
Agreement.

       

      2.1 Section
1.02.  The definition of “Maturity Date” in Section 1.02 is
hereby amended by replacing “March 10, 2007” with “March 10, 2008”.

       

      Section
3. Conditions
Precedent.  The effectiveness of this Second Amendment is
subject to the receipt by the Administrative Agent of the following documents
and satisfaction of the other conditions provided in this Section 3, each of
which shall be reasonably satisfactory to the Administrative Agent in form and
substance:

       

      3.1 The
Administrative Agent and the Lenders shall have received all fees and other
amounts due and payable, if any, in connection with this Second Amendment on or
prior to the Effective Date.

       

      3.2 The
Administrative Agent shall have received from all of the Lenders and the
Borrower, counterparts (in such number as may be requested by the Administrative
Agent) of this Second Amendment signed on behalf of such Persons.

       

      3.3 The
Administrative Agent shall have received such other documents as the
Administrative Agent or special counsel to the Administrative Agent may
reasonably request.

       

      3.4 No
Default shall have occurred and be continuing, after giving effect to the terms
of this Second Amendment.

       

      Section
4. Amendment to Security
Agreement.  The Administrative Agent and the Lenders hereby
consent to an amendment of the Security Agreement in the form attached hereto as
Exhibit
A.

       

      Section
5. Miscellaneous.

       

      5.1 Confirmation.  The
provisions of the Credit Agreement, as amended by this Second Amendment, shall
remain in full force and effect following the effectiveness of this Second
Amendment.

       

      5.2 Ratification and
Affirmation; Representations and Warranties.  The Borrower
hereby (a)
acknowledges the terms of this Second Amendment; (b) ratifies and
affirms its obligations under, and acknowledges, renews and extends 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,
except as expressly amended hereby, notwithstanding the amendments contained
herein and (c)
represents and warrants to the Lenders that as of the date hereof, after giving
effect to the terms of this Second Amendment:  (i) all of the
representations and warranties contained in each Loan Document to which it is a
party are true and correct, unless such representations and warranties are
stated to relate to a specific earlier date, in which case, such representations
and warranties shall continue to be true and correct as of such earlier date and
(ii) no Default has occurred and is continuing.

       

      5.3 Loan
Document.  This Second Amendment is a “Loan Document” as
defined and described in the Credit Agreement and all of the terms and
provisions of the Credit Agreement relating to Loan Documents shall apply
hereto.

       

      5.4 Counterparts.  This
Second 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 Second Amendment by facsimile transmission shall be effective as
delivery of a manually executed counterpart hereof.

       

      5.5 NO ORAL
AGREEMENT.  THIS SECOND AMENDMENT, THE CREDIT AGREEMENT AND THE
OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT THE
FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF
PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE
PARTIES.  THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES.

       

      5.6 GOVERNING
LAW.  THIS SECOND AMENDMENT (INCLUDING, BUT NOT LIMITED TO, THE
VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

       

      

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

      

      BORROWER:                                                                UTEXAM
LIMITED

      

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        	
                ADMINISTRATIVE
      AGENT:

              	
                BNP
    PARIBAS

              

      

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      LENDERS:                                                                BNP
PARIBAS

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                LENDERS:

              	
                UNION
      BANK OF CALIFORNIA, N.A., as Syndication Agent and a
  Lender

              

      

       

      

      

      By:           

      Name:

      Title:

       

      

       

      
        	
                 
      

              	
                BAYERISCHE
      HYPO- UND VEREINSBANK AG, NEW YORK BRANCH, as a
  Lender

              

      

       

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      
        
           

        

        
           

          
            

          

        

        
           

          
            EXHIBIT
A

          

        

      

      

      

      FIRST
AMENDMENT

       

      TO

       

      SECURITY
AGREEMENT

       

      DATED
AS OF

       

      MARCH
__, 2007

       

      AMONG

      

      UTEXAM
LIMITED,

      AS
BORROWER

      

      AND

      

      BNP
PARIBAS,

      AS
ADMINISTRATIVE AGENT

      

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      FIRST
AMENDMENT TO SECURITY AGREEMENT

      

      THIS FIRST
AMENDMENT TO SECURITY AGREEMENT (this “First Amendment”)
dated as of March __, 2007, is among UTEXAM LIMITED, a company
incorporated under the laws of Ireland (the “Borrower”) and BNP
PARIBAS, as administrative agent (in such capacity, together with its
successors in such capacity, the “Administrative
Agent”) for the lenders party to the Revolving Credit Agreement
(Uncommitted) referred to below (collectively, the “Lenders”); and the
undersigned Lenders.

       

      R E C I T A L
S

       

      A.           The
Borrower, the Administrative Agent and the Lenders are parties to that certain
Revolving Credit Agreement (Uncommitted) dated as of March 10, 2006, as amended
by the First Amendment to Security Agreement, dated October 24, 2006 (as
amended, the “Credit
Agreement”), pursuant to which the Lenders have made certain extensions
of credit available to the Borrower.

       

      B.           Pursuant
to the Credit Agreement, the Borrower entered into that certain Security
Agreement, dated as of March 10, 2006 by and between the Borrower and the
Administrative Agent, to secure obligations under the Credit
Agreement.

       

      C.           The
Borrower has requested and the Administrative Agent has agreed to amend the
Security Agreement.

       

      D.           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 Security Agreement. Unless
otherwise indicated, all references to Sections in this First Amendment refer to
Sections of the Security Agreement.

       

      Section
2. Amendments to Security
Agreement.

       

      2.1 Section
2.01.  Section 2.01(e) and Section 2.01(g) are hereby amended
and restated in its entirety as follows:

       

      “(e)           all
Payment Intangibles and General Intangibles under Designated Contracts which are
owed to the Borrower by purchasers, sellers, transporters or handlers of the
Designated Inventory or which constitute rights of the Borrower against such
purchasers or sellers;”

      

      “(g)           to
the extent not otherwise included, all Proceeds and products of any and all of
the foregoing and all collateral security and guarantees and other supporting
obligations owed by purchasers, sellers, transporters or handlers in respect of
any of the foregoing.”

       

      

      

      Section
3. Conditions
Precedent.  The effectiveness of this First Amendment is
subject to the receipt by the Administrative Agent of the following documents
and satisfaction of the other conditions provided in this Section 3, each of
which shall be reasonably satisfactory to the Administrative Agent in form and
substance:

       

      3.1 The
Administrative Agent shall have received from all of the Borrower counterparts
(in such number as may be requested by the Administrative Agent) of this First
Amendment signed on behalf of the Borrower.

       

      Section
4. Miscellaneous.

       

      4.1 Confirmation.  The
provisions of the Security Agreement, as amended by this First Amendment, shall
remain in full force and effect following the effectiveness of this First
Amendment.

       

      4.2 Loan
Document.  This First Amendment is a “Loan Document” as defined
and described in the Credit Agreement and all of the terms and provisions of the
Credit Agreement relating to Loan Documents shall apply hereto.

       

      4.3 Counterparts.  This
First Amendment may be executed by one or more of the parties hereto in any
number of separate counterparts, and all of such counterparts taken together
shall be deemed to constitute one and the same instrument.  Delivery
of this First Amendment by facsimile transmission shall be effective as delivery
of a manually executed counterpart hereof.

       

      4.4 NO ORAL
AGREEMENT.  THIS FIRST AMENDMENT, THE SECURITY AGREEMENT AND
THE OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT
THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF
PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE
PARTIES.  THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES.

       

      4.5 GOVERNING
LAW.  THIS FIRST AMENDMENT (INCLUDING, BUT NOT LIMITED TO, THE
VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

       

      

      [SIGNATURES BEGIN NEXT
PAGE]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

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

      

      BORROWER:                                                                UTEXAM
LIMITED

      

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        	
                ADMINISTRATIVE
      AGENT:

              	
                BNP
    PARIBAS

              

      

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      May 16, 2007

       

      Frontier
Oil and Refining Company

      4610 S.
Ulster Street, Suite 200 

      Denver,
Colorado 80237

      Attention:
Mr. Joey W. Purdy 

      Telephone
No.: 303.714.0125

      Telecopier
No.: 303.714.1030

       

      Re:   Master Crude Oil
Purchase and Sale Contract dated as of March 10, 2006, among
Utexam Limited, a company incorporated under the laws of the Republic of
Ireland, as seller, Frontier Oil and Refining Company, a Delaware corporation,
as purchaser, and Frontier Oil Corporation, a Wyoming corporation, as guarantor
(as the same has been amended from time to time, the "Purchase and Sale
Contract").

       

      To Whom
it May Concern:

       

      Pursuant
to Section 4.02(b) of the Purchase and Sale Contract, this letter evidences the
Purchaser's consent to amend the Credit Facility to increase the size of the
facility to $200,000,000, in the form of amendment attached hereto as Exhibit
A.

       

       

      This
letter 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 letter by
facsimile transmission shall be effective as delivery of a manually executed
counterpart hereof.

       

      Very
truly yours

       

      Very
truly yours,

      

      UTEXAM
LIMITED

      

      By: /s/ Thomas
Woulfe

      Name:
Thomas Woulfe

      Title:
Director

      

      By: /s/ Clive W.
Christie

      Name:
Clive W. Christie

      Title:
Company Secretary

      
        

      

      

       

      Accepted
and greed:

       

      FRONTIER
OI AND REFINING COMPANY,

      as
Purchaser

      

      By: /s/ Leo J.
Hoonakker

      Name: Leo
J. Hoonakker

      Title:
Vice President and Treasurer

       

      FRONTIER
OIL CORPORATION, as Guarantor

      

      By: /s/ Doug
Aron

      Name:
Doug Aron

      Title:
Vice President – Corporate Finance

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Exhibit A

      
 

      

       

      THIRD
AMENDMENT

       

      TO

       

      REVOLVING
CREDIT AGREEMENT (UNCOMMITTED)

       

      DATED
AS OF

       

      MAY
16, 2007

       

      AMONG

      

      UTEXAM
LIMITED,

      AS
BORROWER,

      

      BNP
PARIBAS,

      AS
ADMINISTRATIVE AGENT,

      

      AND

       

      THE
LENDERS PARTY HERETO

       

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      THIRD
AMENDMENT TO REVOLVING CREDIT AGREEMENT (UNCOMMITTED)

      

      THIS THIRD
AMENDMENT TO REVOLVING CREDIT AGREEMENT (UNCOMMITTED) (this “Third Amendment”)
dated as of May 16, 2007, is among UTEXAM LIMITED, a company
incorporated under the laws of Ireland (the “Borrower”); BNP
PARIBAS, as administrative agent (in such capacity, together with its
successors in such capacity, the “Administrative
Agent”) for the lenders party to the Credit Agreement referred to below
(collectively, the “Lenders”); and the
undersigned Lenders.

       

      R E C I T A L
S

       

      A.           The
Borrower, the Administrative Agent and the Lenders are parties to that certain
Revolving Credit Agreement (Uncommitted) dated as of March 10, 2006, as amended
by the First Amendment to Revolving Credit Agreement (Uncommitted), dated
October 24, 2006 and the Second Amendment to Revolving Credit Agreement
(Uncommitted), dated as of March 8, 2007 (as amended, the “Credit Agreement”),
pursuant to which the Lenders have made certain extensions of credit available
to the Borrower.

       

      B.           The
Borrowers and the Lenders have agreed to increase the Commitments of the Credit
Agreement.

       

      C.           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. Unless
otherwise indicated, all references to Sections in this Third Amendment refer to
Sections of the Credit Agreement.

       

      Section
2. Amendments to Credit
Agreement.

       

      2.1 Annex
I.  Annex I is hereby amended and restated in its entirety as
follows:

       

      ANNEX
I

       

      LIST
OF COMMITMENTS

       

      Aggregate
Commitments

       

      
        	
                Name
      of Lender

              	
                Percentage
      Share

              	
                Commitment

              
	
                BNP
      Paribas

              	
                45.0%

              	
                $90,000,000.00

              
	
                Union
      Bank of California, N.A.

              	
                20.0%

              	
                $40,000,000.00

              
	
                Bayerishe
      Hypo-Und Vereinsbank AG, New York Branch

              	
                17.5%

              	
                $35,000,000.00

              
	
                Allied
      Irish Banks, p.l.c.

              	
                17.5%

              	
                $35,000,000.00

              
	
                TOTAL

              	
                100.00%

              	
                $200,000,000.00

              

      

      

       

      Section
3. Conditions
Precedent.  The effectiveness of this Third Amendment is
subject to the receipt by the Administrative Agent of the following documents
and satisfaction of the other conditions provided in this Section 3, each of
which shall be reasonably satisfactory to the Administrative Agent in form and
substance:

       

      3.1 The
Administrative Agent and the Lenders shall have received all fees and other
amounts due and payable, if any, in connection with this Third Amendment on or
prior to the Effective Date.

       

      3.2 The
Administrative Agent shall have received from all of the Lenders and the
Borrower, counterparts (in such number as may be requested by the Administrative
Agent) of this Third Amendment signed on behalf of such Persons.

       

      3.3 The
Administrative Agent shall have received a certificate of the Secretary of the
Borrower setting forth resolutions of its board of managers, board of directors
or other appropriate governing body with respect to the authorization of the
Borrower to execute and deliver the Third Amendment and to enter into the
transactions contemplated thereby.  The Administrative Agent and the
Lenders may conclusively rely on such certificate until the Administrative Agent
receives notice in writing from the Borrower to the contrary;

       

      3.4 The
Administrative Agent shall have received duly executed Note payable to the order
of Allied Irish Banks, p.l.c., in a principal amount equal to its Commitment set
forth in Section 2.1, dated as of the date hereof.

       

      3.5 The
Administrative Agent shall have received evidence that the Borrower has obtained
a consent from the Purchaser to amend the Agreement pursuant to Section 4.02(b)
of the PSC.

       

      3.6 The
Administrative Agent shall have received such other documents as the
Administrative Agent or special counsel to the Administrative Agent may
reasonably request.

       

      3.7 No
Default shall have occurred and be continuing, after giving effect to the terms
of this Third Amendment.

       

      Section
4. Miscellaneous.

       

      4.1 Confirmation.  The
provisions of the Credit Agreement, as amended by this Third Amendment, shall
remain in full force and effect following the effectiveness of this Third
Amendment.

       

      4.2 Ratification and
Affirmation; Representations and Warranties.  The Borrower
hereby (a)
acknowledges the terms of this Third Amendment; (b) ratifies and
affirms its obligations under, and acknowledges, renews and extends 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,
except as expressly amended hereby, notwithstanding the amendments contained
herein and (c)
represents and warrants to the Lenders that as of the date hereof, after giving
effect to the terms of this Third Amendment:  (i) all of the
representations and warranties contained in each Loan Document to which it is a
party are true and correct, unless such representations and warranties are
stated to relate to a specific earlier date, in which case, such representations
and warranties shall continue to be true and correct as of such earlier date and
(ii) no Default has occurred and is continuing.

       

      4.3 Loan Document and
Assignment.  This Third Amendment is a “Loan Document” and an
“Assignment” as defined and described in the Credit Agreement and all of the
terms and provisions of the Credit Agreement relating to Loan Documents and
Assignments shall apply hereto.

       

      4.4 Counterparts.  This
Third 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 Third Amendment by facsimile transmission shall be effective as delivery
of a manually executed counterpart hereof.

       

      4.5 NO ORAL
AGREEMENT.  THIS THIRD AMENDMENT, THE CREDIT AGREEMENT AND THE
OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT THE
FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF
PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE
PARTIES.  THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES.

       

      4.6 GOVERNING
LAW.  THIS THIRD AMENDMENT (INCLUDING, BUT NOT LIMITED TO, THE
VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

       

      

      [SIGNATURES
BEGIN NEXT PAGE]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

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

      

      BORROWER:                                                                UTEXAM
LIMITED

      

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      

      

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      
        	
                ADMINISTRATIVE
      AGENT:

              	
                BNP
    PARIBAS

              

      

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      LENDERS:                                                                BNP
PARIBAS

      

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        	
                LENDERS:

              	
                UNION
      BANK OF CALIFORNIA, N.A., as Syndication Agent and a
  Lender

              

      

       

      

      

      By:           

      Name:

      Title:

       

      

       

      
        	
                 
      

              	
                BAYERISCHE
      HYPO- UND VEREINSBANK AG, NEW YORK BRANCH, as a
  Lender

              

      

       

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

      

      
        	
                 
      

              	
                ALLIED
      IRISH BANKS, p.l.c.

              

      

       

      

      By:                                                                           

      Name:

      Title:

      

      

      By:                                                                           

      Name:

      Title:

       

       

      
        
           

        

        
           

          
            

          

        

        
           

        

        
           

          January 7, 2009

           

          Frontier
Oil and Refining Company 

          4610 S.
Ulster Street, Suite 200 

          Denver,
Colorado 80237 

          Attention:
Mr. Joey W. Purdy 

          Telephone
No.: 303.714.0125 

          Telecopier
No.: 303.714.1030

           

          Re:    Master Crude
Oil Purchase and Sale Contract dated as of March 10, 2006, among
Utexam Limited, a company incorporated under the laws of the Republic of
Ireland, as seller, Frontier Oil and Refining Company, a Delaware corporation,
as purchaser, and Frontier Oil Corporation, a Wyoming corporation, as guarantor
(as the same has been amended from time to time, the "Purchase and Sale
Contract").

           

          To Whom
it May Concern:

           

          Pursuant
to Section 4.02(b) of the Purchase and Sale Contract, this letter evidences the
Purchaser's consent to amend the Credit Facility by replacing "1.50%" with
"2.00%" in the definition of "Applicable Margin" in Section 1.02 of the Credit
Agreement, substantially in the form of amendment attached hereto as Exhibit
A.

           

           

          This
letter 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 letter by
facsimile transmission shall be effective as delivery of a manually executed
counterpart hereof.

          

          Very truly yours,

          Very
truly yours,

          

          UTEXAM
LIMITED

          

          By: /s/ Clive W.
Christie

          Name:
Clive W. Christie

          Title:
Director

          

          By: /s/ Paul
Owens

          Name:
Paul Owens

          Title:
Director

          Accepted and
agreed:

           

          FRONTIER
OIL AND REFINING COMPANY,

          as
Purchaser

          

          By: /s/ Doug S.
Aron

          Name:
Doug S. Aron

          Title:
EVP & CFO

           

          FRONTIER
OIL CORPORATION, as Guarantor

          By: /s/ Doug S.
Aron

          Name:
Doug S. Aron

          Title:
EVP & CFO

          
            
               

            

            
               

              
                

              

            

            
               

            

          

           

          Exhibit A

          

           

          SIXTH
AMENDMENT

           

          TO

           

          REVOLVING
CREDIT AGREEMENT (UNCOMMITTED)

           

          DATED
AS OF

           

          JANUARY
20, 2009

           

          AMONG

          

          UTEXAM
LIMITED,

          AS
BORROWER,

          

          BNP
PARIBAS,

          AS
ADMINISTRATIVE AGENT,

          

          AND

           

          THE
LENDERS PARTY HERETO

           

          

          

          
            
               

            

            
               

              
                

              

            

            
               

            

          

          SIXTH
AMENDMENT TO REVOLVING CREDIT AGREEMENT (UNCOMMITTED)

          

          THIS SIXTH
AMENDMENT TO REVOLVING CREDIT AGREEMENT (UNCOMMITTED) (this “Sixth Amendment”)
dated as of January 20, 2009, is among UTEXAM LIMITED, a company
incorporated under the laws of Ireland (the “Borrower”); BNP
PARIBAS, as administrative agent (in such capacity, together with its
successors in such capacity, the “Administrative
Agent”) for the lenders party to the Credit Agreement referred to below
(collectively, the “Lenders”); and the
undersigned Lenders.

           

          R E C I T A L
S

           

          A.           The
Borrower, the Administrative Agent and the Lenders are parties to that certain
Revolving Credit Agreement (Uncommitted) dated as of March 10, 2006, as amended
by the First Amendment to Revolving Credit Agreement (Uncommitted), dated
October 24, 2006, the Second Amendment to Revolving Credit Agreement
(Uncommitted), dated as of March 8, 2007, the Third Amendment to Revolving
Credit Agreement (Uncommitted), dated as of May 16, 2007, the Fourth Amendment
to Revolving Credit Agreement (Uncommitted), dated as of February 20, 2008 and
the Fifth Amendment to Revolving Credit Agreement (Uncommitted), dated as of
March 12, 2008 (as amended, the “Credit Agreement”),
pursuant to which the Lenders have made certain extensions of credit available
to the Borrower.

           

          B.           The
Borrowers and the Lenders have agreed to amend certain provisions of the Credit
Agreement.

           

          C.           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. Unless
otherwise indicated, all references to Sections in this Sixth Amendment refer to
Sections of the Credit Agreement.

           

          Section
2. Amendment to Credit
Agreement.

           

          2.1 Section
1.02.  The definition of “Applicable Margin” in Section 1.02 is
hereby amended by replacing “1.50%” with “2.00%.”

           

          Section
3. Conditions
Precedent.  The effectiveness of this Sixth Amendment is
subject to the receipt by the Administrative Agent of the following documents
and satisfaction of the other conditions provided in this Section 3, each of
which shall be reasonably satisfactory to the Administrative Agent in form and
substance:

           

          3.1 The
Administrative Agent and the Lenders shall have received all fees and other
amounts due and payable, if any, in connection with this Sixth Amendment on or
prior to the Effective Date.

           

          3.2 The
Administrative Agent shall have received from all of the Lenders and the
Borrower, counterparts (in such number as may be requested by the Administrative
Agent) of this Sixth Amendment signed on behalf of such Persons.

           

          3.3 The
Administrative Agent shall have received evidence that the Borrower has obtained
a consent from the Purchaser to amend the Agreement pursuant to Section 4.02(b)
of the PSC.

           

          3.4 The
Administrative Agent shall have received such other documents as the
Administrative Agent or special counsel to the Administrative Agent may
reasonably request.

           

          3.5 No
Default shall have occurred and be continuing, after giving effect to the terms
of this Sixth Amendment.

           

          Section
4. Miscellaneous.

           

          4.1 Confirmation.  The
provisions of the Credit Agreement, as amended by this Sixth Amendment, shall
remain in full force and effect following the effectiveness of this Sixth
Amendment.

           

          4.2 Ratification and
Affirmation; Representations and Warranties.  The Borrower
hereby (a)
acknowledges the terms of this Sixth Amendment; (b) ratifies and
affirms its obligations under, and acknowledges, renews and extends 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,
except as expressly amended hereby, notwithstanding the amendments contained
herein and (c)
represents and warrants to the Lenders that as of the date hereof, after giving
effect to the terms of this Sixth Amendment:  (i) all of the
representations and warranties contained in each Loan Document to which it is a
party are true and correct, unless such representations and warranties are
stated to relate to a specific earlier date, in which case, such representations
and warranties shall continue to be true and correct as of such earlier date and
(ii) no Default has occurred and is continuing.

           

          4.3 Loan Document and
Assignment.  This Sixth Amendment is a “Loan Document” as
defined and described in the Credit Agreement and all of the terms and
provisions of the Credit Agreement relating to Loan Documents and Assignments
shall apply hereto.

           

          4.4 Counterparts.  This
Sixth 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 Sixth Amendment by facsimile transmission shall be effective as delivery
of a manually executed counterpart hereof.

           

          4.5 NO ORAL
AGREEMENT.  THIS SIXTH AMENDMENT, THE CREDIT AGREEMENT AND THE
OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT THE
FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF
PRIOR, CONTEMPORANEOUS, OR UNWRITTEN ORAL AGREEMENTS OF THE
PARTIES.  THERE ARE NO ORAL AGREEMENTS AMONG THE PARTIES.

           

          4.6 GOVERNING
LAW.  THIS SIXTH AMENDMENT (INCLUDING, BUT NOT LIMITED TO, THE
VALIDITY AND ENFORCEABILITY HEREOF) SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

           

          

          [SIGNATURES
BEGIN NEXT PAGE]

          
            
               

            

            
               

              
                

              

            

            
               

            

          

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

          

          BORROWER:                                                                UTEXAM
LIMITED

          

          

          

          By:                                                                           

          Name:

          Title:

          

          

          By:                                                                           

          Name:

          Title:

          

          

          

          
            
               

            

            
               

              
                

              

            

            
               

            

          

          

          
            	
                    ADMINISTRATIVE
      AGENT:

                  	
                    BNP
    PARIBAS

                  

          

          

          

          By:                                                                           

          Name:

          Title:

          

          

          By:                                                                           

          Name:

          Title:

          
            
               

            

            
               

              
                

              

            

            
               

            

          

          LENDERS:                                                                BNP PARIBAS

          

          

          By:                                                                           

          Name:

          Title:

          

          

          By:                                                                           

          Name:

          Title:

          
            
               

            

            
               

              
                

              

            

            
               

            

          

          
            	
                    LENDERS:

                  	
                    UNION BANK OF CALIFORNIA,
      N.A., as Syndication Agent and a
Lender

                  

          

           

          

          

          By:           

          Name:

          Title:

           

          

           

          
            	
                     
      

                  	
                    BAYERISCHE HYPO- UND
      VEREINSBANK AG, NEW YORK BRANCH, as a
  Lender

                  

          

           

          By:                                                                           

          Name:

          Title:

          

          

          By:                                                                           

          Name:

          Title:

          

          
            	
                     
      

                  	
                    ALLIED IRISH BANKS,
      p.l.c., as
      a Lender

                  

          

           

          

          By:                                                                           

          Name:

          Title:

          

          

          By:                                                                           

          Name:

          Title:

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