Document:

Exhibit

VANGUARD NATURAL RESOURCES
2019 INCENTIVE PLAN
1.Purpose. This Vanguard Natural Resources Inc. (the “Company”) 2019 Incentive Plan (the “Plan”) is designed to align the interests of the Company and eligible key employees of the Company and its subsidiaries.
2.    Adoption of the Plan. The Company, intending to be legally bound, hereby adopts the Plan effective as of January 1, 2019 (the “Effective Date”). The Plan shall be in effect from the Effective Date and shall continue until December 31, 2019, unless earlier terminated by the Company in accordance with Section 7(c) (the “Term”). The expiration or termination of the Term shall not in any event reduce or adversely affect any amounts due to any Participant hereunder for any Quarter ending on or before such date.
3.    General. The compensation provided under the Plan is intended to be in addition to all other compensation payable to Participants under any employment agreement or incentive plan or program in effect with the Company or its direct or indirect subsidiaries.
4.    Definitions. For purposes of this Plan: 
(a)    “Board” means the Company’s Board of Directors.
(b)    “Bonus” shall mean any bonus payment payable to a Participant under the Plan. 
(c)    “Cause” means means the Participant has (i) been convicted of, or pleaded no contest to, a felony, (ii) engaged in conduct which is materially injurious to the Company (including, without limitation, misuse of any funds or other property), (iii) engaged in gross negligence or willful misconduct in the performance of the Participant’s duties for the Company or (iv) willfully refused without proper legal reason to perform the Participant’s duties for the Company after written request for such performance. For purposes of this definition, no act or failure to act will be deemed “willful,” unless effected by the Participant not in good faith and without a reasonable belief that his action or failure to act was in or not opposed to the best interests of the Company or any of its Affiliates.
(d)    “Company Group” means the Company and its direct and indirect subsidiaries.
(e)    “Disability” means a Participant’s inability to perform his services for the Company for 90 consecutive days or 180 days in any 365 day period, in either case, due to the Participant’s mental or physical impairment.
(f)    “Good Leaver” means a Participant whose employment or service with the Company Group is terminated by the Company for a reason other than Cause, is terminated by the Participant for Good Reason or is terminated due to the Participant’s death or Disability.

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(g)    “Good Reason” means any of following, in each case, without the Participant’s written consent: (i) any material diminution in the Participant’s base salary, or (ii) the Company requiring the Participant to relocate to a primary place of employment that is located more than fifty (50) miles from the Participant’s previous primary place of employment; provided that prior to the Participant’s termination of employment for Good Reason, the Participant must give written notice to the Company of any Good Reason event within thirty (30) days after the Participant has actual knowledge of the facts or circumstances giving rise thereto and such event must remain uncorrected for 30 days following such written notice. Any termination for “Good Reason” following such thirty (30) day cure period must occur within thirty (30) days of the expiration of such cure period. 
(h)    “Participant” shall have the meaning ascribed thereto in Section 5 hereof. 
(i)    “Quarter” means each successive calendar quarter commencing during the Term. 
(j)    “Section 409A” means Section 409A of the Internal Revenue Code of 1986, as amended. 
(k)    “Target Bonus” means the Participant’s personal STIP percentage determined by the Board multiplied by the Participant’s base salary.
5.    Eligible Participants. Each person designated by the Board from time to time shall be a Participant under the Plan and eligible to receive a Bonus. 
6.    Term of Participation. 
(a)    General.  General.  Each Participant’s Target Bonus shall consist of two components: (i) twenty percent (20%) of a Participant’s Target Bonus shall be earned and payable if the Participant is employed at the end of the applicable Quarter (the “Retention Component”) and (ii) twenty percent (20%) of a Participant’s aggregate Target Bonus for 2019 shall be earned and payable based on the Company’s assessment of the Participant’s performance during the 2019 calendar year (the “Performance Component”).  For the sake of clarity, if a Participant’s Target Bonus is $1,000, the Participant’s quarterly Retention Component would be $200 and the Participant’s annual Performance Component would be $200.
(b)    Retention Component.  The Participant will earn 100% of the Retention Component for a particular Quarter if the Participant is employed by the Company Group on the last day of such Quarter (the “Vesting Date”).  The Retention Component, to the extent earned, will be paid in cash within fifteen (15) days of the end of the applicable Quarter.
(c)    Performance Component.  The Company will assess each Participant’s personal performance during the 2019 calendar year and determine, in its sole discretion, the amount, if any, of the Participant’s Performance Component earned by the Participant, which can range from 0% to 40% of the Participant’s Target Bonus (i.e., 0% to 200% of the Participant’s Performance Component opportunity).  The portion of the Performance Component earned by the Participant 

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will be paid in cash within 45 days after December 31, 2019 (the “Vesting Date”) if the Participant is then employment by the Company Group.  
(d)    Continued Employment.  Except as set forth in this Section 6(d), a Participant whose employment with the Company Group terminates for any reason before the applicable Vesting Date shall forfeit the right to receive any unpaid Bonus.  Notwithstanding the foregoing, a Participant who becomes a Good Leaver before a Vesting Date will be paid (i) a pro rata portion (based on the percentage of the Quarter the Participant was engaged by the Company Group) of the Retention Component for the Quarter that includes such termination and (ii) the portion of the Participant’s Performance Component (which may be $0) determined by the Company in its sole discretion.
7.    Plan Administration. This Plan shall be administered by the Board. The Board is given full authority and discretion within the limits of this Plan to establish such administrative measures as may be necessary to administer and attain the objectives of this Plan and may delegate the authority to administer the Plan to an officer of the Company. The Board (or its delegate, as applicable) shall have full power and authority to construe and interpret this Plan and any interpretation by the Board shall be binding on all Participants and shall be accorded the maximum deference permitted by law.
(a)    All rights and interests of Participants under this Plan shall be non-assignable and nontransferable, and otherwise not subject to pledge or encumbrance, whether voluntary or involuntary, other than by will or by the laws of descent and distribution. In the event of any sale, transfer or other disposition of all or substantially all of the Company’s assets or business, whether by merger, stock sale, consolidation or otherwise, the Company may assign this Plan.
(b)    The Company may deduct all applicable taxes and any other withholdings required to be withheld with respect to the payment of any award pursuant to this Plan.  The Company shall not be required to establish any special or separate fund or to make any other segregation of assets to ensure the payment of any award provided for hereunder. 
(c)    The Company, in its sole discretion, shall have the right to modify, supplement, suspend or terminate this Plan at any time; provided that, except as required by law, in no event shall any amendment or termination adversely affect the rights of Participants without the prior written consent of the affected Participants. Subject to the foregoing, the Plan shall terminate upon the satisfaction of all obligations of the Company or its successor entities hereunder.
(d)    Nothing contained in this Plan shall in any way affect the right and power of the Company to discharge any Participant or otherwise terminate his or her employment at any time or for any reason or to change the terms of his or her employment in any manner.
(e)    Captions preceding the sections hereof are inserted solely as a matter of convenience and in no way define or limit the scope or intent of any provision hereof.
(f)    The administration of the Plan shall be governed by the laws of Texas, without regard to the conflict of law principles of any state. Any persons or corporations who now are or shall subsequently become parties to the Plan shall be deemed to consent to this provision.

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(g)    The Plan is intended to either comply with, or be exempt from, the requirements of Section 409A. To the extent that the Plan is not exempt from the requirements of Code Section 409A, the Plan is intended to comply with the requirements of Code Section 409A and shall be limited, construed and interpreted in accordance with such intent. Notwithstanding the foregoing, in no event whatsoever shall the Company be liable for any additional tax, interest, income inclusion or other penalty that may be imposed on a Participant by Code Section 409A or for damages for failing to comply with Code Section 409A.
* * * * * * * *

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IN WITNESS WHEREOF, the Company has caused the Plan to be signed by its duly authorized officer as of the date first set forth above.
VANGUARD NATURAL RESOURCES INC.
By:    /s/ R. Scott Sloan    
R. Scott Sloan, President and CEOExhibit

Execution Version
RATIFICATION AND FOURTH AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT
THIS RATIFICATION AND FOURTH AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT (the “Fourth Amendment to Credit Agreement,” or this “Amendment”) is dated as of March 31, 2019, among VANGUARD NATURAL GAS, LLC, a Kentucky limited liability company (“Borrower”), VANGUARD NATURAL RESOURCES, INC., a Delaware corporation, as Parent, and CITIBANK, N.A., as Administrative Agent (the “Administrative Agent”), and the financial institutions executing this Amendment as Lenders.
R E C I T A L S
A.    Borrower, the financial institutions signing as Lenders and Administrative Agent are parties to a Fourth Amended and Restated Credit Agreement dated as of August 1, 2017, as amended by a Limited Waiver and First Amendment to Fourth Amended and Restated Credit Agreement dated as of January 9, 2018, as amended by a Second Amendment to Fourth Amended and Restated Credit Agreement dated as of July 5, 2018, and as amended by a Third Amendment to Fourth Amended and Restated Credit Agreement dated as of December 6, 2018 (as further amended, modified, and supplemented and in effect prior to the date hereof collectively, the “Original Credit Agreement”).
B.    Certain Lenders have purported to assign Loans and/or Revolving Credit Commitments pursuant to Assignment and Assumptions with assignees in contravention of the condition set forth in Section 12.04(b)(ii)(B) of the Original Credit Agreement that each partial assignment of a Revolving Credit Commitment and Loans shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under the Original Credit Agreement, as more specifically described on Schedule A attached hereto (the “Specified Assignments”).
C.    The parties desire to amend the Original Credit Agreement as hereinafter provided and to ratify the Specified Assignments as assignments permitted by Section 12.04 of the Original Credit Agreement, notwithstanding the failure to comply with the condition set forth in Section 12.04(b)(ii)(B) of the Original Credit Agreement.
NOW, THEREFORE, in consideration of these premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
1.Same Terms. All terms used herein which are defined in the Original Credit Agreement shall have the same meanings when used herein, unless the context hereof otherwise requires or provides. In addition, (i) all references in the Loan Documents to the “Agreement” shall mean the Original Credit Agreement, as amended by this Amendment, as the same shall hereafter be amended from time to time, and (ii) all references in the Loan Documents to the “Loan Documents” shall mean the Loan Documents, as amended by this Amendment, as the same shall hereafter be amended from time to time. In addition, the following terms have the meanings set forth below:
“Credit Agreement” means the Original Credit Agreement, as amended hereby and as further amended, modified or supplemented or in effect from time to time after the date hereof.
“Fourth Amendment Effective Date” means the date when the conditions set forth in Section 2 of this Amendment have been complied with to the satisfaction of the Administrative Agent, unless waived in writing by the Administrative Agent.
2.    Conditions Precedent. The obligations, agreements and waivers of Lenders as set forth in this Amendment are subject to the satisfaction (in the opinion of Administrative Agent), unless waived in writing by Administrative Agent, of each of the following conditions (and upon such satisfaction, this Amendment shall be deemed to be effective as of the Fourth Amendment Effective Date):
(a)    Fourth Amendment to Credit Agreement. Administrative Agent shall have received duly executed counterparts of this Amendment from Borrower and Lenders to the Original Credit Agreement constituting the Majority Revolving Lenders.
3.    Amendments to Original Credit Agreement. On the Fourth Amendment Effective Date,
A.    Section 12.04(b)(ii)(B) of the Original Credit Agreement shall be amended to read in its entirety as follows:
(B)    each partial assignment shall be made as an assignment of a proportionate part of all the assigning Lender’s rights and obligations under this Agreement, except that this clause (B) shall not prohibit any Lender from assigning all or a portion of its rights and obligations among the Revolving Credit Commitments and the Revolving Loans, on the one hand, and the Term Loans, on the other hand, on a non-pro rata basis;
B.    Annex I to the Original Credit Agreement is hereby amended and restated in its entirety as Annex I attached hereto.
4.    Ratification. Each of the undersigned does hereby acknowledge and ratify each Specified Assignment and does hereby deem each Specified Assignment to be an assignment of Loans and/or Revolving Credit Commitments, as applicable, pursuant to Section 12.04 of the Credit Agreement. Notwithstanding Section 12.04(b)(ii)(B) of the Original Credit Agreement, each of the undersigned does hereby deem each purported assignee of each Specified Assignment to be a Lender to the extent of the Loans and/or Revolving Credit Commitments assigned thereby and each purported assignor to have assigned its rights and obligations under the Credit Agreement to the extent described in, and pursuant to, the applicable Specified Assignment.
5.    Certain Representations. Borrower represents and warrants that, as of the Fourth Amendment Effective Date: (a) Borrower has full power and authority to execute this Amendment and this Amendment constitutes the legal, valid and binding obligation of Borrower enforceable in accordance with its terms, except as enforceability may be limited by general principles of equity and applicable bankruptcy, insolvency, reorganization, moratorium, and other similar laws affecting the enforcement of creditors’ rights generally; and (b) no authorization, approval, consent or other action by, notice to, or filing with, any governmental authority or other person is required for the execution, delivery and performance by Borrower thereof.
6.    No Further Amendments. Except as previously amended in writing or as amended hereby, the Original Credit Agreement shall remain unchanged and all provisions shall remain fully effective between the parties.
7.    Acknowledgments and Agreements. Borrower acknowledges that on the date hereof all outstanding Obligations are payable in accordance with their terms, and Borrower waives any defense, offset, counterclaim or recoupment with respect thereto. Borrower, Administrative Agent, Issuing Bank and each Lender do hereby adopt, ratify and confirm the Original Credit Agreement, as amended hereby, and acknowledge and agree that the Original Credit Agreement, as amended hereby, is and remains in full force and effect. Borrower acknowledges and agrees that its liabilities and obligations under the Original Credit Agreement, as amended hereby, and under the other Loan Documents, are not impaired in any respect by this Amendment. This Amendment is a Loan Document and any breach of any representations, warranties and covenants under this Amendment shall be subject to Section 10.01 of the Original Credit Agreement.
8.    Limitation on Agreements. The modifications set forth herein are limited precisely as written and shall not be deemed (a) to be a consent under or a waiver of or an amendment to any other term or condition in the Original Credit Agreement or any of the Loan Documents, or (b) to prejudice any right or rights that Administrative Agent now has or may have in the future under or in connection with the Original Credit Agreement and the other Loan Documents, each as amended hereby, or any of the other documents referred to herein or therein. This Amendment shall constitute a Loan Document for all purposes.
9.    Confirmation of Security. Borrower hereby confirms and agrees that all of the Security Instruments that presently secure the Obligations shall continue to secure, in the same manner and to the same extent provided therein, the payment and performance of the Obligations as described in the Original Credit Agreement as modified by this Amendment.
10.    Counterparts. This Amendment may be executed in any number of counterparts, each of which when executed and delivered shall be deemed an original, but all of which constitute one instrument. In making proof of this Amendment, it shall not be necessary to produce or account for more than one counterpart thereof signed by each of the parties hereto.
11.    Incorporation of Certain Provisions by Reference. The provisions of Section 12.10 of the Original Credit Agreement captioned “Governing Law,” Section 12.11 of the Original Credit Agreement captioned “Submission to Jurisdiction”, Section 12.12 of the Original Credit Agreement captioned “Waiver of Venue”, Section 12.13 of the Original Credit Agreement captioned “Service of Process”, and Section 12.14 of the Original Credit Agreement captioned “WAIVER OF JURY TRIAL” are incorporated herein by reference for all purposes.
12.    Entirety, Etc. This Amendment and all of the other Loan Documents embody the entire agreement between the parties. THIS AMENDMENT AND ALL OF THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS AMONG THE PARTIES.
[This space is left intentionally blank. Signature pages follow.]

IN WITNESS WHEREOF, the parties hereto have executed this Amendment to be effective as of the date and year first above written.
LOAN PARTIES
VANGUARD NATURAL GAS, LLC
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
VANGUARD NATURAL RESOURCES, INC.
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
VANGUARD OPERATING, LLC
By: Vanguard Natural Gas, LLC,  
Its Sole Member
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
EAGLE ROCK ACQUISITION PARTNERSHIP, L.P.
By: EAGLE ROCK UPSTREAM DEVELOPMENT COMPANY, INC., 
Its general partner
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    

EAGLE ROCK ACQUISITION PARTNERSHIP II, L.P.
By:    EAGLE ROCK UPSTREAM DEVELOPMENT    COMPANY II, INC.,    Its general partner
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
EAGLE ROCK ENERGY ACQUISITION CO., INC.
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
EAGLE ROCK ENERGY ACQUISITION CO. II, INC.
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
EAGLE ROCK UPSTREAM DEVELOPMENT COMPANY, INC.
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    

EAGLE ROCK UPSTREAM DEVELOPMENT COMPANY II, INC.
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
ESCAMBIA ASSET CO. LLC
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
ESCAMBIA OPERATING CO. LLC
By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    
VNR HOLDINGS, LLC
		
	By:
	Vanguard Natural Gas, LLC,    Its Sole Member

By:             /s/ Ryan Midgett    
Name:    Ryan Midgett    
Title:    CFO    

ADMINISTRATIVE AGENT
CITIBANK, N.A., 
as Administrative agent and Issuing Bank
By:             /s/ Peter Baumann    
Name:    Peter Baumann    
Title:    Vice President    

LENDERS
CITIBANK, N.A., 

By:             /s/ David Quinn    
Name:    David Quinn    
Title:    Attorney In Fact    

BARCLAYS BANK PLC 

By:             /s/ David Quinn    
Name:    David Quinn    
Title:    Attorney In Fact    

BANC OF AMERICA CREDIT PRODUCTS, INC. 

By:             /s/ Cassie Goodnight    
Name:    Cassie Goodnight    
Title:    Vice President    

ASSOCIATED BANK, N.A. 

By:             /s/ Brett P. Stone    
Name:    Brett P. Stone    
Title:    Senior Vice President    

BANK OF MONTREAL 

By:             /s/ James V. Ducote    
Name:    James V. Ducote    
Title:    Managing Director    

BANK OF AMERICA, N.A. 

By:             /s/ Kevin M. Behan    
Name:    Kevin M. Behan    
Title:    Managing Director    

HANCOCK WHITNEY BANK 

By:             /s/ Brock Berilgen    
Name:    Brock Berilgen    
Title:    Senior Vice President    

UBS AG, STAMFORD BRANCH 

By:             /s/ Darlene Arias    
Name:    Darlene Arias    
Title:    Director    

By:             /s/ Houssem Daly    
Name:    Houssem Daly    
Title:    Associate Director    

CHASE LINCOLN FIRST COMMERCIAL CORPORATION 

By:             /s/ Sean Chudzik    
Name:    Sean Chudzik, Asc.    
Title:    Authorized Signatory    

COMMONWEALTH BANK OF AUSTRALIA 

By:             /s/ David Pichut    
Name:    David Pichut    
Title:    Senior Associate    

CAPITAL ONE, NATIONAL ASSOCIATION 

By:             /s/ Michael P. Robinson    
Name:    Michael P. Robinson    
Title:    Vice President    

THE BANK OF NOVA SCOTIA, HOUSTON BRANCH 

By:             /s/ David Lima    
Name:    David Lima    
Title:    Director    

By:             /s/ Thane Rattew    
Name:    Thane Rattew    
Title:    Managing Director    

ING CAPITAL LLC
By:             /s/ Julie Bieser    
Name:    Julie Bieser    
Title:    Managing Director    

By:             /s/ Charles Hall    
Name:    Charles Hall    
Title:    Managing Director    

ROYAL BANK OF CANADA 

By:             /s/ Mari Hodgkinson    
Name:    Mari Hodgkinson    
Title:    Director, Special Loans    

JPMORGAN CHASE BANK, N.A. 

By:             /s/ Darren Vanek    
Name:    Darren Vanek    
Title:    Executive Director    

COMMERCIAL BANK 

By:             /s/ Cynthia B. Jones    
Name:    Cynthia B. Jones    
Title:    Vice President    

WELLS FARGO BANK, N.A. 

By:             /s/ Katherine Scalzo    
Name:    Katherine Scalzo    
Title:    Director    

Schedule A
Specified Assignments
	
						
	Date
	Assignor
	Assignee
	Facility Assigned
	Amount of Revolving Credit Commitment/Loan Assignment

	12/12/17
	SUNTRUST  
BANK
	Citibank, N.A.
	Term Loan
	$1,315,130.26

	1/26/18
	ZB, N.A.
	Barclays Bank PLC
	Term Loan
	$1,499,248.49

	1/31/2018
	Barclays Bank  
PLC
	Cross Sound Distressed Opportunities Fund, L.P. - Series 3
	Term Loan
	$1,123,135.42

	3/14/2018
	The Bank of Nova Scotia
	Barclays Bank PLC
	Term Loan
	$3,420,160.63

	3/15/2018
	Knighthead (NY) Fund, L.P.
	Barclays Bank PLC
	Revolving Credit
Commitment
	$3,206,599.16

	3/15/2018
	Knighthead Annuity & Life Assurance Company
	Barclays Bank PLC
	Revolving Credit
Commitment
	$3,799,544.55

	3/15/2018
	KNIGHTHEAD MASTER FUND, L.P.
	Barclays Bank PLC
	Revolving Credit
Commitment
	$27,720,946.51

	3/16/2018
	Barclays Bank  
PLC
	Cross Sound Distressed Opportunities Fund, L.P. - Series 3
	Revolving Credit
Commitment
	$4,852,941.18

	3/16/2018
	Barclays Bank  
PLC
	Cross Sound Distressed Opportunities Fund, L.P. - Series 3
	Revolving Credit
Commitment
	$9,908,362.66

	3/16/2018
	Barclays Bank  
PLC
	Cross Sound Distressed Opportunities Fund, L.P. - Series 3
	Revolving Credit
Commitment
	$19,411,764.71

	4/13/2018
	ZB, N.A.
	Barclays Bank PLC
	Revolving Credit
Commitment
	$13,226,452.91

	4/16/2018
	The Bank of Nova Scotia
	Barclays Bank PLC
	Revolving Credit
Commitment
	$10,000,000.00

	5/3/2018
	UBS AG,
Stamford Branch
	WHITEBOX CAJA BLANCA FUND LP
	Term Loan
	$3,411,588.80

	5/7/2018
	Citibank, N.A.
	WHITEBOX ASYMMETRIC PARTNERS LP
	Term Loan
	$645,478.20

	5/7/2018
	Citibank, N.A.
	WHITEBOX MULTI STRATEGY PARTNERS LP
	Term Loan
	$663,076.41
	 

	8/20/2018
	Citibank, N.A.
	CITI TROUBLED DEBT
RESTRUCTURE
	Term Loan
	$3,636,100.32
	 

	8/20/2018
	Citibank, N.A.
	CITI TROUBLED DEBT
RESTRUCTURE
	Revolving Credit
Commitment
	$27,462,565.24
	 

	9/24/2018
	KNIGHTHEAD NY FUND LP
	HSBC BANK PLC
	Term Loan
	$361,653.37
	 

	9/24/2018
	KNIGHTHEAD ANNUITY AND LIFE
	HSBC BANK PLC
	Term Loan
	$428,528.18
	 

	9/24/2018
	KNIGHTHEAD MASTER FUND, L.P.
	HSBC BANK PLC
	Term Loan
	$3,126,481.75
	 

	11/7/2018
	DEUTSCHE BANK AG NEW YORK BRANCH
	BANK OF MONTREAL
	Term Loan
	$3,394,445.14
	 

	11/29/2018
	DEUTSCHE BANK AG NEW YORK BRANCH
	BANK OF MONTREAL
	Revolving Credit
Commitment
	$25,199,263.53
	 

	12/5/2018
	The Bank of Nova Scotia
	Black Diamond Credit Strategies Master Fund, Ltd.
	Revolving Credit
Commitment
	$4,901,001.05
	 

ANNEX I 
APPLICABLE PERCENTAGES
REVOLVING CREDIT PERCENTAGE
	
			
	Name of Lender
	Commitment
	Applicable Percentage

	BANK OF MONTREAL
	$49,583,509.12
	7.315%

	BARCLAYS BANK PLC(NEW YORK BRANCH)
	$44,331,167.41
	6.540%

	BLACK DIAMOND CREDIT STRATEGIES  
MASTER FUND LTD (FKA) BDC FINANCE LTD
	$14,541,155.07
	2.145%

	WELLS FARGO BANK NA
	$30,225,563.77
	4.459%

	CROSS SOUND DISTRESSED OPPORTUNITIES  
FUND LP SERIES 3 (FKA) CROSS SOUND  
ENERGY OPPORTUNITY FUND LP SERIES 3
	$28,078,568.94
	4.142%

	CITIBANK, N.A. - ORIGINATIONS
	$26,489,820.04
	3.908%

	ABN AMRO CAPITAL USA LLC
	$24,791,754.56
	3.657%

	BANK OF AMERICA NA
	$24,791,754.56
	3.657%

	CIBC INC
	$24,791,754.56
	3.657%

	CITIZENS BANK
	$24,791,754.56
	3.657%

	CREDIT AGRICOLE
	$24,791,754.56
	3.657%

	FIFTH THIRD BANK (FIFTH THIRD)
	$24,791,754.56
	3.657%

	ING CAPITAL LLC
	$24,791,754.56
	3.657%

	JPMORGAN CHASE BANK NA (JPM CHASE)
	$24,791,754.56
	3.657%

	NATIXIS NEW YORK BRANCH
	$24,791,754.56
	3.657%

	PNC BANK, N.A.
	$24,791,754.56
	3.657%

	ROYAL BANK OF CANADA
	$24,791,754.56
	3.657%

	SUMITOMO MITSUI BANKING CORP.
	$24,791,754.56
	3.657%

	U.S. BANK NATIONAL ASSOCIATION
	$24,791,754.56
	3.657%

	UBS AG, STAMFORD BRANCH
	$24,791,754.56
	3.657%

	CAPITAL ONE, N.A. CAPITAL ONE  
FINANCIAL CORPORATION (PARENT)
	$18,678,719.19
	2.756%

	COMERICA BANK
	$18,678,719.19
	2.756%

	COMMONWEALTH BANK OF AUSTRALIA  
NEW YORK BRANCH
	$18,678,719.19
	2.756%

	ASSOCIATED BANK NA
	$14,603,362.27
	2.154%

	BANC OF AMERICA CREDIT PRODUCTS INC
	$20,518,236.30
	3.027%

	WHITNEY BANK
	$12,226,070.74
	1.804%

	HUNTINGTON NATIONAL BANK  
(HUNTINGTON)
	$9,509,166.13
	1.403%

	SUNTRUST BANK
	$9,509,166.13
	1.403%

	CHASE LINCOLN FIRST COMMERCIAL  
CORPORATION
	$3,396,130.76
	0.501%

	BANK OF NOVA SCOTIA
	$11,735,061.99
	1.731%

	Total
	$677,867,700.00
	100.000%

TERM LOAN PERCENTAGE
	
			
	Name of Lender
	Commitment
	Applicable  
Percentage

	BARCLAYS BANK PLC(NEW YORK BRANCH)
	$7,144,089.12
	5.788%

	BANK OF MONTREAL
	$6,771,746.62
	5.486%

	BANC OF AMERICA CREDIT PRODUCTS INC
	$6,670,893.80
	5.404%

	JPMORGAN CHASE BANK NA (JPM CHASE)
	$5,711,339.92
	4.627%

	CONTRARIAN FUNDS, LLC
	$5,428,194.29
	4.398%

	MORGAN STANLEY SENIOR FUNDING INC  
SENIOR FUNDING INC
	$4,890,167.28
	3.962%

	WELLS FARGO BANK NA
	$4,127,982.53
	3.344%

	HSBC BANK PLC (HSBC)
	$3,896,932.00
	3.157%

	CITI TROUBLED DEBT RESTRUCTURE CBNA
	$3,617,782.43
	2.931%

	MONARCH MASTER FUNDING LTD
	$3,565,885.34
	2.889%

	MARATHON SPECIAL OPPORTUNITY MASTER 
FUND LTD
	$3,403,789.99
	2.758%

	BANK OF AMERICA NA
	$3,385,873.31
	2.743%

	WHITEBOX CAJA BLANCA FUND LP
	$3,385,873.31
	2.743%

	ABN AMRO CAPITAL USA LLC
	$3,385,873.30
	2.743%

	CIBC INC
	$3,385,873.30
	2.743%

	CITIZENS BANK
	$3,385,873.30
	2.743%

	CREDIT AGRICOLE CIB-NEW YORK-NY BRANCH
	$3,385,873.30
	2.743%

	FIFTH THIRD BANK (FIFTH THIRD)
	$3,385,873.30
	2.743%

	ING CAPITAL LLC
	$3,385,873.30
	2.743%

	NATIXIS NEW YORK BRANCH
	$3,385,873.30
	2.743%

	PNC BANK, N.A.
	$3,385,873.30
	2.743%

	ROYAL BANK OF CANADA
	$3,385,873.30
	2.743%

	SUMITOMO MITSUI BANKING CORP. (FKA THE  
SUMITOMO BANK)
	$3,385,873.30
	2.743%

	U.S. BANK NATIONAL ASSOCIATION
	$3,385,873.30
	2.743%

	CAPITAL ONE, N.A. CAPITAL ONE FINANCIAL  
CORPORATION (PARENT)
	$2,551,000.44
	2.067%

	COMERICA BANK
	$2,551,000.44
	2.067%

	COMMONWEALTH BANK OF AUSTRALIA NEW  
YORK BRANCH
	$2,551,000.44
	2.067%

	CROSS SOUND DISTRESSED OPPORTUNITIES  
FUND LP SERIES 3 (FKA) CROSS SOUND ENERGY  
OPPORTUNITY FUND LP SERIES 3
	$2,003,347.41
	1.623%

	ASSOCIATED BANK NA
	$1,994,418.53
	1.616%

	MARATHON CENTRE STREET PARTNERSHIP LP
	$1,874,636.98
	1.519%

	HANCOCK WHITNEY BANK (FKA) WHITNEY
BANK
	$1,669,745.74
	1.353%

	BLACK DIAMOND CREDIT STRATEGIES MASTER  
FUND LTD (FKA) BDC FINANCE LTD
	$1,324,895.94
	1.073%

	HUNTINGTON NATIONAL BANK (HUNTINGTON)
	$1,298,691.13
	1.052%

	WHITEBOX MULTI STRATEGY PARTNERS LP  
(WHITEBOX ADVISORS LLC)
	$1,130,812.80
	0.916%

	WHITEBOX ASYMMETRIC PARTNERS LP
	$950,335.37
	0.770%

	TRS CREDIT FUND LP (FKA) KTRS CREDIT FUND
LP
	$759,227.96
	0.615%

	MARATHON CREDIT DISLOCATION FUND, LP  
(MARATHON ASSET MANAGEMENT, L.P)
	$637,478.46
	0.516%

	MARATHON BLUE GRASS CREDIT FUND LP
	$622,705.46
	0.504%

	MASTER SIF SICAV SIF
	$583,175.23
	0.472%

	CHASE LINCOLN FIRST COMMERCIAL  
CORPORATION
	$463,818.26
	0.376%

	ARISTEIA MASTER LP
	$325,921.91
	0.264%

	REEF ROAD MASTER FUND LTD
	$299,942.02
	0.243%

	SIERRA PACIFIC SECURITIES LLC
	$181,147.00
	0.147%

	PENTELI MASTER FUND LTD (MARATHON ASSET MANAGEMENT)
	$108,708.63
	0.088%

	FIRST BALLANTYNE LLC
	$97,399.28
	0.079%

	JAMES MICHAEL FORD
	$50,941.12
	0.041%

	THREE LITTLE BIRDS INVESTMENTS LLC
	$50,941.12
	0.041%

	WHITEBOX INSTITUTIONAL PARTNERS LP
	$32,602.31
	0.026%

	CITIBANK NA
	$27,915.69
	0.023%

	WINDERMERE IRELAND FUND PLC
	$18,950.13
	0.015%

	CLARENCE HUGS EDWARDS JR
	$15,282.48
	0.012%

	FRED C ALEXANDER III
	$5,094.27
	0.004%

	SCOTT J SIMONS
	$5,094.27
	0.004%

	JOHN EDWARD KRESHON
	$4,075.29
	0.003%

	MICHAEL D JOHNSON
	$2,037.65
	0.002%

	Total:
	$123,437,500.00
	100.00%

FOURTH AMENDMENT TO FOURTH AMENDED AND RESTATED CREDIT AGREEMENT– Page 1

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00294-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00294-of-00352.parquet"}]]