Document:

pacd_Ex4_16

		
			Exhibit 4.16
		

		
			AMENDMENT NO. 6 TO SENIOR SECURED CREDIT FACILITY AGREEMENT, dated as of January 20, 2017 (this “Amendment”), among the undersigned:
		

			
	
			
				 (1)
			

			
	
			
			PACIFIC SHARAV S.ÀR.L., a private limited liability company (société à responsabilité limitée) incorporated under the laws of the Grand-Duchy of Luxembourg, with its registered office at 8‐10, Avenue de la Gare L‐1610 Luxembourg and registered with the Luxembourg trade and companies register under number B.169724 (“PSS”), as owner and joint and several borrower (together with its successors and assigns permitted under Section 29.1, a “Borrower”);

			
	
			
				 (2)
			

			
	
			
			PACIFIC DRILLING VII LIMITED, a company incorporated under the laws of the British Virgin Islands (“PDVIIL”), as owner and joint and several borrower (together with its successors and assigns permitted under Section 29.1, a “Borrower”);

			
	
			
				 (3)
			

			
	
			
			PACIFIC DRILLING S.A., a public limited liability company (société anonyme) incorporated under the laws of the Grand-Duchy of Luxembourg, with its registered office at 8‐10, Avenue de la Gare L‐1610 Luxembourg and registered with the Luxembourg trade and companies register under number B.159658 (“PDSA”), as guarantor (the “Guarantor”);

			
	
			
				 (4)
			

			
	
			
			THE EXPORT CREDIT INSTITUTION, THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1‐A to the Credit Agreement (defined below), as GIEK Facility Lenders (including Eksportkreditt Norge AS, as GIEK Facility EKN Lender, (the “GIEK Facility EKN Lender”), and Citibank N.A., London Branch, as a GIEK Facility Commercial Lender, (the “GIEK Facility Commercial Lender”, and together with the GIEK Facility EKN Lender, the “GIEK Facility Lenders”));

			
	
			
				 (5)
			

			
	
			
			THE BANKS AND FINANCIAL INSTITUTIONS listed in Schedule 1 to the Credit Agreement (defined below), as Commercial Facility Lenders (the “Commercial Facility Lenders”);

			
	
			
				 (6)
			

			
	
			
			CITIBANK N.A. (“Citibank”) and DNB MARKETS, INC. (“DNB Markets”), as structuring banks (the “Structuring Banks”) and as syndication agents (the “Syndication Agents”);

			
	
			
				 (7)
			

			
	
			
			CITIBANK and DNB BANK ASA, NEW YORK BRANCH (“DNB”), as global ECA coordinators (the “Global ECA Coordinators”);

			
	
			
				 (8)
			

			
	
			
			CITIBANK, as documentation agent (the “Documentation Agent”);

			
	
			
				 (9)
			

			
	
			
			CITIBANK N.A., LONDON BRANCH, as GIEK Commercial Guarantee Holder (the “GIEK Commercial Guarantee Holder”);

			
	
			
				 (10)
			

			
	
			
			EKSPORTKREDITT NORGE AS, as GIEK EKN Guarantee Holder (the “GIEK EKN Guarantee Holder”);

			
	
			
				 (11)
			

			
	
			
			DNB, as administrative agent and security agent (together with any successor administrative agent and security agent appointed pursuant to Section 28 of the Credit Agreement, the “Administrative Agent” or as applicable, the “Security Agent”) and as account bank (in such capacity, the “Account Bank”) and as GIEK facility agent (in such capacity, the “GIEK Facility Agent”);

		
			

		 

		

			1

		

 

		

			
	
			
				 (12)
			

			
	
			
			CITIBANK, DNB, ABN AMRO CAPITAL USA LLC, ING CAPITAL LLC, SKANDINAVISKA ENSKILDA BANKEN AB (PUBL.) and STANDARD CHARTERED BANK PLC, as mandated lead arrangers (the “Mandated Lead Arrangers”); and

			
	
			
				 (13)
			

			
	
			
			CITIBANK, DNB MARKETS, ABN AMRO CAPITAL USA LLC, ING CAPITAL LLC, SKANDINAVISKA ENSKILDA BANKEN AB (PUBL.) and STANDARD CHARTERED BANK PLC, as book runners (the “Bookrunners”).

		
			PRELIMINARY STATEMENTS:
		

			
	
			
				 (1)
			The Obligors and the Finance Parties have entered into that certain Senior Secured Credit Facility Agreement, dated as of February 19, 2013, as amended and restated by that certain Amended and Restated Senior Secured Credit Facility Agreement, dated as of September 13, 2013, and as further amended by Amendment No. 2 to Senior Secured Credit Facility Agreement, dated as of March 27, 2014, by Amendment No. 3 to Senior Secured Credit Facility Agreement dated as of August 14, 2014, by Amendment No. 4 to Senior Secured Credit Facility Agreement dated as of March 2, 2015 and by Amendment No. 5 to Senior Secured Credit Facility Agreement dated as of November 5, 2015 (the “Credit Agreement”).  Capitalized terms not otherwise defined in this Amendment have the same meanings as specified in the Credit Agreement.

			
	
			
				 (2)
			The Borrowers have requested the amendment to certain provisions of the Credit Agreement.

			
	
			
				 (3)
			In connection with the changes requested by the Borrowers as referenced in recital (3) above, certain amendments to the Credit Agreement are necessary and appropriate.

			
	
			
				 (4)
			The Obligors and the Lenders have agreed that the Credit Agreement be amended, upon the terms and subject to the conditions set forth herein.

		
			NOW THEREFORE, in consideration of the premises and the mutual agreements contained herein, and for other valuable consideration the receipt of which is hereby acknowledged, the parties hereto hereby agree as follows:
		

		
			SECTION 1. Amendment of Credit Agreement.  Effective as of the date hereof, and subject to the satisfaction of the requirements set forth in Section 4, the Credit Agreement is hereby amended as provided in this Section 1.
		

			
	
			
				 (a)
			The following definition is added to Section 1.1 of the Credit Agreement immediately after the definition of “Negotiation Period”:

		
			“Net Loan Amount” means, as of any date, the aggregate outstanding principal amount under this Agreement as of such date minus 80% of the sum of (x) the aggregate amount of cash previously provided under Section 16 that (i) has not been released and (ii) constitutes Collateral with a perfected Lien in favor of the Security Agent as of such date and (y) the fair market value (as reasonably determined by the Security Agent acting in good faith) of any non-cash security (other than a Collateral Vessel) previously provided under Section 16 that (i) has not been released and (ii) constitutes Collateral with a perfected Lien in favor of the Security Agent as of such date.
		

		
			

		 

		

			2

		

 

		

			
	
			
				 (b)
			Clause (ii) of Section 13.8(g) of the Credit Agreement is hereby amended by replacing the words “sum of the then aggregate outstanding principal amount under this Agreement” with “Net Loan Amount as of such date”.

			
	
			
				 (c)
			The following words are hereby added as the penultimate sentence of clause (b) of the definition of “Fair Market Value” in Section 13.8(h):

		
			“Notwithstanding the foregoing, the Fair Market Value of each Collateral Vessel at June 30, 2017 shall be deemed to be the Fair Market Value of each Collateral Vessel at December 31, 2016.”
		

			
	
			
				 (d)
			Section 16.1 of the Credit Agreement is hereby amended to insert the words “and at June 30 of each year beginning with June 30, 2018” after the words “at the end of each calendar year thereafter”.

			
	
			
				 (e)
			Section 16.2 of the Credit Agreement is hereby amended by deleting the words “Fair Market Value is below the Fair Market Value required under Section 13.8(g) less any additional cash security previously provided under this Section 16 (the “Net Loan Amount”)” in that section and replacing them with “Fair Market Value of the Collateral Vessels is below the Fair Market Value required under Section 13.8(g)”.

			
	
			
				 (f)
			Section 16.7 of the Credit Agreement is hereby amended by replacing the words “the required percentage” with “125%” in that section.

			
	
			
				 (g)
			Section 20.1(c) of the Credit Agreement is hereby amended to insert the words “; provided that, solely with respect to the fiscal quarters of the Borrowers ending March 31, 2017 and June 30, 2017, (A) any failure of the Borrowers to comply with the Leverage Ratio requirements set forth in Section 13.8(b) and (B) so long as the ratio of Net Debt to the number of Applicable Rigs owned by PDSA and its Subsidiaries is not greater than $400,000,000, any failure to comply with Section 13.8(i), shall not in each case, constitute a Default or Event of Default” at the end thereof.

			
	
			
				 (h)
			Clauses (a) and (b) of Section 21.3 of the Credit Agreement are hereby amended and restated as follows:

			
	
			
				 (a)
			

			
	
			
			the amount of all reasonable, documented, out-of-pocket expenses incurred by the Administrative Agent and the Security Agent (including expenses of legal counsel to the Administrative Agent and expenses of the financial advisor to the Administrative Agent (it being agreed that as of January 20, 2017 the financial advisor to the Administrative Agent is also the financial advisor to the administrative agent under the Revolving Credit Agreement but upon the Administrative Agent determining that it requires separate financial advice, the financial advisor to the Administrative Agent shall thereafter be another financial advisor selected by the Administrative Agent) in connection with any amendment or supplement to a Finance Document, or any proposal for such an amendment to be made or any of the transactions contemplated by the Finance Documents or in connection with any refinancing or restructuring of the credit arrangements provided hereunder in the nature of a “work out” or pursuant to any insolvency or bankruptcy cases or proceedings, or in connection with ongoing discussions involving the Obligors (or any of them),  the Administrative Agent and the Lenders;

			
	
			
				 (b)
			

			
	
			
			the amount of all reasonable, documented, out-of-pocket expenses incurred by the Administrative Agent and the Security Agent (including expenses of the financial 

		 

		

			3

		

 

	advisor and legal counsel to the Administrative Agent (as described in paragraph (a) above)) in connection with any consent or waiver by the Administrative Agent, the Security Agent, the Lenders or the Majority Lenders under or in connection with a Finance Document, or any request for such a consent or waiver; or”

		
			SECTION 2. Prepayment and Cash Collateral Release.  The parties hereto hereby agree that:
		

			
	
			
				 (a)
			Within 2 Business Days of written notice to the Borrowers from the Administrative Agent (which notice may be given at any time during the 14 Business Day period beginning on the Amendment Effective Date), the Obligors shall instruct the Security Agent to transfer an amount equal to $31,695,092.45 from PDSA’s cash collateral account to the Administrative Agent (the “Cash Collateral Release”) to be applied in full towards the partial discharge of the next occurring semi-annual principal installment required to be made pursuant to each of Sections 8.1 and 8.2 of the Credit Agreement, pro rata between the Commercial Facility Tranche and the GIEK Facility Tranche.  If such notice is not given by the Administrative Agent as aforesaid, the Borrowers may elect to instruct the Security Agent to effect the Cash Collateral Release on or about the date on which the next semi-annual principal installment is required to be made pursuant to either of Sections 8.1 and 8.2 of the Credit Agreement, for application of the full amount of the Cash Collateral Release towards the partial discharge of that semi-annual principal installment.  It shall be an Event of Default if, after notice given by the Administrative Agent as described above, the Obligors fail to issue instructions to cause the Cash Collateral Release within 2 Business Days after receipt of such notice by the Borrowers.

			
	
			
				 (b)
			Notwithstanding Sections 13.8(g) and 16.3 of the Credit Agreement, after giving effect to this Amendment and the making of the Prepayment, no additional security or prepayment is required pursuant to Sections 13.8(g) and 16.3 of the Credit Agreement and no Default or Event of Default shall be deemed to have arisen under Section 13.8(g) of the Credit Agreement as a result of the Fair Market Value of the Collateral Vessels based upon the valuations of such Collateral Vessels delivered to the Administrative Agent, dated as of December 31, 2016.

			
	
			
				 (c)
			It is a condition precedent to the Amendment Effective Date that the Prepayment is made.

			
	
			
				 (d)
			As at the Amendment Effective Date (and disregarding any payments that may be made after the Amendment Effective Date) the Administrative Agent and the Obligors agree that after giving effect to the Prepayment, the outstanding aggregate principal amount of (A) the GIEK Facility Loan is $350,678,036.96 and (B) the Commercial Facility Loan is $350,678,036.97.

		
			SECTION 3. Agreement in Furtherance of the Amendment of the Credit Agreement.  The parties hereto hereby agree that the amendment of the Credit Agreement pursuant to the terms hereof does not violate or conflict with any term, condition, covenant, prohibition or other agreement contained in any of the other Finance Documents.
		

		
			SECTION 4. Conditions to Effectiveness.  This Amendment shall become effective upon (i) satisfaction of each of the preconditions described on Schedule 1 hereto and (ii) delivery by each of the parties hereto of its applicable duly authorized and executed signature page or pages to this Amendment to the Administrative Agent or its counsel of each of the Obligors, each Lender, the Administrative Agent and the Security Agent (the “Amendment Effective Date”).
		

		
			

		 

		

			4

		

 

		

		
			SECTION 5. Reference to and Effect on the Finance Documents. (a) On and after the Amendment Effective Date, each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Credit Agreement, and each reference in the other Finance Documents to “the Credit Agreement”, “thereunder”, “thereof” or words of like import referring to the Credit Agreement, shall mean and be a reference to the Credit Agreement as amended by this Amendment.
		

			
	
			
				 (a)
			The Credit Agreement and each of the other Finance Documents, as specifically amended by this Amendment, are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed as if herein set forth in their entirety, and this Amendment is for all purposes a Finance Document.

			
	
			
				 (b)
			The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Finance Party under the Credit Agreement or any of the other Finance Documents, or constitute a waiver of any provision of the Credit Agreement or any of the other Finance Documents.

		
			SECTION 6. Costs and Expenses.  The Borrowers agree to pay on demand all costs and expenses of the Administrative Agent and the Security Agent in connection with the preparation, execution, delivery and administration, modification and amendment of this Amendment, the Credit Amendment and the other instruments and documents to be delivered hereunder (including, without limitation, the reasonable fees and expenses of counsel for the Administrative Agent) in accordance with the terms of Section 21.3 of the Credit Agreement.
		

		
			SECTION 7. Execution in Counterparts.  This Amendment may be executed in any number of counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute but one and the same agreement. Delivery of an executed counterpart of a signature page to this Amendment by telecopier shall be effective as delivery of a manually executed counterpart of this Amendment.
		

		
			SECTION 8. GOVERNING LAW.  THIS AMENDMENT AND ANY CLAIM, CONTROVERSY OR DISPUTE ARISING HEREUNDER OR RELATED HERETO, AND ALL ISSUES CONCERNING THE RELATIONSHIP OF THE PARTIES HERETO AND ENFORCEMENT OF THE RIGHTS AND DUTIES OF THE PARTIES HERETO, SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO ANY CONFLICTS OF LAW PRINCIPLES (WITH THE EXCEPTION OF SECTIONS 5‐1401 AND 5‐1402 OF THE NEW YORK GENERAL OBLIGATIONS LAW).
		

		
			[The remainder of this page intentionally left blank.]
		

		
			
		

		
			

		 

		

			5

		

 

		

		
			IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 6 to Senior Secured Credit Facility Agreement to be executed by their respective officers thereunto duly authorized, as of the date first above written.
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						PACIFIC SHARAV S.ÀR.L.

					
					
						 

					
					
						PACIFIC DRILLING VII LIMITED

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ JOHANNES P. BOOTS

					
					
						 

					
					
						By:

					
					
						/s/ JOHANNES P. BOOTS

				
	
					
						Name:

					
					
						Johannes P. Boots

					
					
						 

					
					
						Name:

					
					
						Johannes P. Boots

				
	
					
						Title:

					
					
						Manager

					
					
						 

					
					
						Title:

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						PACIFIC DRILLING S.A.

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Christian J. Beckett

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						CEO & Director

					
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			
		

		
			

		 

		

			6

		

 

		

		
			THE AGENTS,
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						DNB BANK ASA, NEW YORK BRANCH, as Administrative Agent and as Security Agent

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ BARBARA GRONQUIST

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Barbara Gronquist

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Senior Vice President

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ ANDREW J. SHOHET

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Andrew J. Shohet

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Vice President

					
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			
		

		
			

		 

		

			7

		

 

		

		
			GIEK FACILITY LENDERS,
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						EKSPORTKREDITT NORGE AS, as a GIEK Facility EKN Lender

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ TOM STONJUM

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Tom Stonjum

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Attorney at Law

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ JØRGEN HAUGE

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Jørgen Hauge

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Senior Transaction Manger

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						CITIBANK N.A. LONDON BRANCH, as a GIEK Facility Commercial Lender

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ FRITHIOF A. WILHELMSEN

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Frithiof A. Wilhelmsen

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Vice President, Export & Agency Finance

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						KOMMUNAL LANDSPENSJOKASSE, as a GIEK Facility Commercial Lender

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ HARALD KOCH-HAGEN

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Harold Koch-Hagen

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Senior Vice President

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						SANTANDER BANK N.A., as a GIEK Facility Commercial Lender

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ MARCELO CASTRO

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Marcelo Castro

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Managing Director

					
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			
		

		
			

		 

		

			8

		

 

		

		
			COMMERCIAL FACILITY LENDERS
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						DNB CAPITAL LLC, as Lender

					
					
						 

					
					
						CITIBANK, N.A., LONDON BRANCH, as Lender

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ BARBARA GRONQUIST

					
					
						 

					
					
						By:

					
					
						/s/ FRITHIOF WILHELMSEN

				
	
					
						Name:

					
					
						Barbara Gronquist

					
					
						 

					
					
						Name:

					
					
						Frithiof Wilhelmsen

				
	
					
						Title:

					
					
						Senior Vice President

					
					
						 

					
					
						Title:

					
					
						Vice President

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ ANDREW SHOHET

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Name:

					
					
						Andrew Shohet

					
					
						 

					
					
						 

					
					
						 

				
	
					
						Title:

					
					
						Vice President

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						ABN AMRO CAPITAL USA LLC, as Lender

					
					
						 

					
					
						CRÉDIT AGRICOLE CORPORATE & INVESTMENT BANK, as Lender

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ ANTONIO MOLESTINA

					
					
						 

					
					
						By:

					
					
						/s/ JEROME DUVAL

				
	
					
						Name:

					
					
						Antonio Molestina

					
					
						 

					
					
						Name:

					
					
						Jerome Duval

				
	
					
						Title:

					
					
						Managing Director

					
					
						 

					
					
						Title:

					
					
						Managing Director

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ PASSCHIER VEEFKIND

					
					
						 

					
					
						By:

					
					
						/s/ Y. LE GOURIÉRÈS

				
	
					
						Name:

					
					
						Passchier Veefkind

					
					
						 

					
					
						Name:

					
					
						Y. Le Gouriérès

				
	
					
						Title:

					
					
						Director—Energy Offshore

					
					
						 

					
					
						Title:

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						CRÉDIT INDUSTRIEL ET COMMERCIAL, as Lender

					
					
						 

					
					
						ING CAPITAL LLC, as Lender

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ ANDREW MCKUIN

					
					
						 

					
					
						By:

					
					
						/s/ TANJA VAN DER WOUDE

				
	
					
						Name:

					
					
						Andrew McKuin

					
					
						 

					
					
						Name:

					
					
						Tanja van der Woude

				
	
					
						Title:

					
					
						Managing Director

					
					
						 

					
					
						Title:

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ CLIFFORD ABRAMNSKY

					
					
						 

					
					
						By:

					
					
						/s/ HENRY RUSHTON

				
	
					
						Name:

					
					
						Clifford Abramsky

					
					
						 

					
					
						Name:

					
					
						Henry Rushton

				
	
					
						Title:

					
					
						Managing Director

					
					
						 

					
					
						Title:

					
					
						Vice President

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						NIBC BANK N.V., as Lender

					
					
						 

					
					
						SKANDINAVISKA ENSKILDA BANKEN AB (PUBL.), as Lender

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ VIKKI GREATOREX

					
					
						 

					
					
						By:

					
					
						/s/ ERLING AMUNDSEN

				
	
					
						Name:

					
					
						Vikki Greatorex

					
					
						 

					
					
						Name:

					
					
						Erling Amundsen

				
	
					
						Title:

					
					
						Director

					
					
						 

					
					
						Title:

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ YVETTE HENNEN

					
					
						 

					
					
						By:

					
					
						/s/ PER OLAV BUCHER JOHNANNESSEN

				
	
					
						Name:

					
					
						Yvette Hennen

					
					
						 

					
					
						Name:

					
					
						Per Olav Bucher-Johannessen

				
	
					
						Title:

					
					
						Director Oil & Gas

					
					
						 

					
					
						Title:

					
					
						 

				

		
			 
		

		
			
		

		

		 

		

			9

		

 

	
					
						

					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						STANDARD CHARTERED BANK, as Lender

					
					
						 

					
					
						ABN AMRO BANK N.V., as Lender

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						By:

					
					
						/s/ MARC CHAIT

					
					
						 

					
					
						By:

					
					
						/s/ RICHARD KLOMPJAN

				
	
					
						Name:

					
					
						Marc Chait

					
					
						 

					
					
						Name:

					
					
						Richard Klompjan

				
	
					
						Title:

					
					
						Head, Americas Group Special Assets Management

					
					
						 

					
					
						Title:

					
					
						Executive Director

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						By:

					
					
						/s/ URVASHI ZUTSHI

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Name:

					
					
						Urvashi Zutshi

				
	
					
						 

					
					
						 

					
					
						 

					
					
						Title:

					
					
						Managing Director

				

		
			 
		

		
			
		

		
			

		 

		

			10

		

 

		

		
			SCHEDULE 1  TO AMENDMENT NO. 6 TO SENIOR SECURED FACILITY AGREEMENT
		

		
			Conditions Precedent to Effectiveness of Amendment No. 6
to the Credit Agreement
		

			
	
			
				 (a)
			The Administrative Agent shall have received on or before the Amendment Effective Date the following documents or evidence, being the documents referred to in Section 4 of this Amendment No. 6, each, to the extent applicable, duly executed and dated on or prior to such date (unless otherwise specified), in form and substance reasonably satisfactory to the Administrative Agent (unless otherwise specified) and, to the extent applicable, in sufficient counterparts for each Lender a party to this Amendment No. 6:

			
	
			
				 (i)
			This Amendment.

			
	
			
				 (ii)
			Incumbency certificates or other evidence of the authority of the officers (including a certification that the incumbency of such Obligor has not changed since the date of the last certification of the same to the Administrative Agent) of each Obligor authorized to sign this Amendment No. 6 and, with respect to the Borrowers only, (A)(I) attached thereto are true, correct and complete copies of the articles or certificate of incorporation, formation or other organizational document, as applicable, of such Borrower, and all amendments thereto, certified as of a recent date by the appropriate governmental officials in its jurisdiction of incorporation or formation, as applicable, or (II) the articles or certificate of incorporation, formation or other organizational document, as applicable, of such Borrower, have not been amended since the date of the last certification of such document to the Administrative Agent and is in full force and effect on the Amendment Effective Date and (B) resolutions duly authorized by the board of directors (or other governing body) of such Borrower authorizing and approving the execution and delivery of, and performance under, the Credit Agreement, this Sixth Amendment and the other Finance Documents to which such Borrower is a party.

			
	
			
				 (iii)
			True, correct and complete copies of (1)(A) an excerpt from the Luxembourg Trade and Companies Register in relation to PSS and (B) an electronic certificat de non inscription d’une décision judiciaire (certificate as to the non-inscription of a recentcourt decision), in relation to PSS and (2) a certificate of good standing (or similar status) of PDVIIL under the laws of its jurisdiction of organization to the extent applicable in such jurisdiction, in each case dated on or about the Amendment Effective Date.

			
	
			
				 (b)
			The GIEK Guarantees in favor of each GIEK Facility Lender shall be in full force and effect.

			
	
			
				 (c)
			The Administrative Agent shall be satisfied that as of the date hereof and as of the Amendment Effective Date that:

			
	
			
				 (i)
			no Default or Event of Default has occurred and is continuing; and

			
	
			
				 (ii)
			all representations and warranties of each Obligor contained in the Credit Agreement and in each other Finance Document shall be true and correct in all material respects, except for any representation and warranty that is qualified by materiality or reference to Material Adverse Effect, which representation and warranty shall be true and correct in all respects (it being understood and agreed that any representation or warranty which by its terms is made as of a specified date shall be required to be true and correct in all material respects only as of such specified date, except for any representation and warranty that is qualified by materiality or reference to Material Adverse Effect, which representation and warranty shall be true and correct, only as of such specified date).

		
			

		 

		

			11

		

 

		

			
	
			
				 (d)
			The Administrative Agent shall have received from (a) Luxembourg counsel (which shall be Wildgen) and British Virgin Islands counsel (which shall be Appleby) opinions covering the due authorization and execution of this Amendment.

			
	
			
				 (e)
			Since December 31, 2013, there shall not have occurred a Material Adverse Effect or any event or condition that has had or could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.

			
	
			
				 (f)
			The Borrowers shall have paid (i) to the Administrative Agent all accrued costs, fees and expenses (including, without limitation, reasonable fees and expenses of Milbank, Tweed, Hadley & McCloy LLP, Holland & Knight LLP, as counsel to the Lenders and FTI Consulting Inc. as financial advisor to the Administrative Agent (without duplication of any fees and expenses allocable to FTI Consulting Inc. under the Revolving Credit Agreement)) in connection with this Sixth Amendment for which an invoice has been provided to the Borrower at least two Business Days before the anticipated Amendment Effective Date (which invoice may include a reasonable estimate of anticipated fees and expenses through the Amendment Effective Date) and (ii) the Borrowers shall have paid to the Administrative Agent an amendment fee in an aggregate amount equal to $610,000, which the Administrative Agent shall distribute (x) with respect to the Commercial Facility Loan, $305,000, pro rata to the Commercial Facility Lenders that have executed this Sixth Amendment on or prior to the Amendment Effective Date and (y) with respect to the GIEK Facility Loan, $305,000 as follows, (A) $5,000 to each GIEK Facility Lender that has executed this Sixth Amendment on or prior to the Amendment Effective Date and (B) the remainder to GIEK.

			
	
			
				 (g)
			The Borrowers shall have prepaid the Loans in an aggregate amount equal to $75,970,331.32, which amount shall be applied pro rata towards the discharge of the GIEK Facility Loan and the Commercial Facility Loan, in each case in inverse order of maturity in accordance with Section 8.16 of the Credit Agreement in satisfaction of the Borrowers obligation under Section 16.3 of the Credit Agreement (the “Prepayment”).

		 

		

			12pacd_Ex4_9

		

			 

		

		

			Exhibit 4.9

		

		
			SIXTH AMENDMENT TO CREDIT AGREEMENT
		

		
			SIXTH AMENDMENT TO CREDIT AGREEMENT (this “Sixth Amendment”), dated as of January 20, 2017 by and among Pacific Drilling S.A., a public limited liability company (société anonyme) organized under the laws of the Grand Duchy of Luxembourg, registered with the Luxembourg register of commerce and companies under registration number B159658 having its registered address at 8-10 Avenue de la Gare, L-1610, Luxembourg (the “Borrower”), the lenders party hereto (each, a “Lender” and, collectively, the “Lenders”), the Issuing Lenders party hereto, and CITIBANK, N.A., as Administrative Agent (in such capacity, the “Administrative Agent”). Unless otherwise indicated, all capitalized terms used herein and not otherwise defined shall have the respective meanings provided such terms in the Credit Agreement referred to below.
		

		
			W I T N E S S E T H :
		

		
			WHEREAS, the Borrower, the Lenders from time to time party thereto, and the Administrative Agent are parties to a Credit Agreement, dated as of June 3, 2013, as amended by the First Amendment to Credit Agreement, dated as of October 30, 2013, the Second Amendment and Limited Waiver to Credit Agreement, dated as of March 28, 2014, the Third Amendment to Credit Agreement, dated as of July 30, 2014, the Fourth Amendment to Credit Agreement, dated as of March 2, 2015 and the Fifth Amendment to Credit Agreement, dated as of November 5, 2015 (as amended, restated, supplemented or otherwise modified, the “Credit Agreement”);
		

		
			WHEREAS, the Borrower has requested the amendment of certain provisions of the Credit Agreement as set forth in this Sixth Amendment, and, subject to the terms and conditions of this Sixth Amendment, the Lenders party hereto (constituting Required Lenders) have agreed to such request as herein provided.
		

		
			NOW, THEREFORE, it is agreed:
		

			
	
			
				Section 1.  
			Amendment to Credit Agreement.  

		
			 
		

			
	
			
				 (a)
			The following new definition is hereby added to Section 1.01 of the Credit Agreement immediately after the definition of “Significant Disposition”:

		
			“Sixth Amendment Waiver Period”  means the period beginning January 1, 2017 through (but not including) the earliest of (i) the date on which the Borrower delivers to the Administrative Agent (A) the financial statements required pursuant to Section 9.01(a) and (B) an accompanying Compliance Certificate required pursuant to Section 9.01(f), each for the fiscal quarter ended September 30, 2017; (ii) December 14, 2017; and (iii) the date specified as the end date for the Sixth Amendment Waiver Period in any written notice (which date shall be no earlier than the date of the delivery of such written notice) from the Borrower to the Administrative Agent.”
		

		
			 
		

			
	
			
				 (b)
			Sections 2.07(b) and 6.10 of the Credit Agreement are hereby amended to replace the references therein to “Loan Documents” with references to “Credit Documents”;

			
	
			
				 (c)
			Section 10.01(x) of the Credit Agreement is hereby amended to insert the 

		 

		

			 

		

		

			LONDON:553337.12

		

 

	words “; provided that during the Sixth Amendment Waiver Period no additional Liens shall be permitted to be created pursuant to this Section 10.01(x)” at the end of such section, immediately after the words “permitted to be incurred pursuant to Section 10.04(viii)”;

			
	
			
				 (d)
			Clause (B) of Section 10.04(iii) of the Credit Agreement is hereby amended to insert the words “except during the Sixth Amendment Waiver Period (during which period such Indebtedness shall not be permitted to be incurred),” at the beginning thereof;

			
	
			
				 (e)
			Section 10.04(iv) of the Credit Agreement is hereby amended to insert the words “except during the Sixth Amendment Waiver Period (during which period such Indebtedness shall not be permitted to be incurred),” immediately before the words “any Indebtedness issued to refinance or replace the Senior Notes or the Senior Term Loans in an aggregate principal amount not to exceed $1,700,000,000 at any time outstanding,”;

			
	
			
				 (f)
			The first paragraph of Section 10.11 is hereby amended and restated in its entirety to read as follows:

		
			“10.11Certificate of Incorporation, By-Laws and Certain Other Agreements, etc.  The Borrower will not, and will not permit any Credit Party to (or, in the case of the following clauses (i) and (ii)(a)(V) of this Section 10.11, the Borrower will exercise its rights in relation to each Restricted Subsidiary (whether as shareholder, stockholder, partner, and arising under contract, statute or howsoever) so that each Restricted Subsidiary shall not):”
		

			
	
			
				 (g)
			Section 10.11(ii) is hereby amended and restated in its entirety to read as follows:

		
			“(ii) amend, modify or change any provision of (x) the documents governing the Senior Notes or the Senior Term Loan (including any refinancings or replacements thereof) permitted to remain outstanding pursuant to Section 10.04(iv) or (y) the SSCF (including any refinancings or replacements thereof) permitted to remain outstanding pursuant to Section 10.04(iii), in each case, in any manner that (a) would (I) shorten the maturity thereof, (II) increase the amortization therefor, (III) increase the pricing thereof by more than 3% per annum (or, during the Sixth Amendment Waiver Period, increase the pricing thereof by any amount), (IV) grant additional collateral from any Credit Party (other than PIDWAL) (except for any additional collateral securing the Senior Notes and the Senior Term Loans; provided that such collateral is at all times subject to the Intercreditor Agreement and is granted as additional collateral to secure the Secured Obligations) or (V) during the Sixth Amendment Waiver Period, grant additional collateral to any Person other than the Pari Passu Collateral Agent or the security agent under the SSCF from any Restricted Subsidiary that is not a Credit Party; or (b) otherwise could reasonably be expected to be materially adverse to the Lenders, unless such amendments, modifications or changes are consented to by the Administrative Agent in its reasonable discretion.”
		

			
	
			
				 (h)
			Section 11.03 of the Credit Agreement is hereby amended to insert the 

		 

		

			2

		

		

			LONDON:553337.12

		

 

	words “; provided that, solely with respect to the fiscal quarters of the Borrower ending March 31, 2017 and June 30, 2017, unless the Sixth Amendment Waiver Period has ended prior to the date of the delivery of the financial statements relating thereto, (A) any failure of the Borrower to comply with the Leverage Ratio requirements set forth in Section 10.07 and (B) so long as the ratio of Consolidated Net Debt to the number of Applicable Rigs owned by the Borrower and its Subsidiaries is not greater than $400,000,000, any failure to comply with Section 10.19, shall not in each case constitute a Default or Event of Default ” immediately before the words “or (ii) default in the due performance or observance by it of any other term,”;

			
	
			
				 (i)
			Clause (i) of Section 13.01 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

		
			“(i) whether or not the transactions herein contemplated are consummated, pay all reasonable out-of-pocket costs and expenses of the Agents and their respective Affiliates and their partners, members, directors, officers, agents, employees and controlling persons (if any) (including the reasonable fees and disbursements of the financial advisor and legal counsel to the Administrative Agent, the Administrative Agent’s special maritime counsel and, if reasonably necessary, a single local counsel in each appropriate jurisdiction, and, in the case of a conflict of interest, one additional counsel in each jurisdiction to such affected parties similarly situated) in connection with the preparation, execution and delivery of this Agreement and the other Credit Documents and the documents and instruments referred to herein and therein and any amendment, waiver or consent relating hereto or thereto, of the Agents in connection with their syndication efforts with respect to this Agreement and of the Administrative Agent, each of the Issuing Lenders and each of the Lenders in connection with the enforcement of this Agreement and the other Credit Documents and the documents and instruments referred to herein and therein or protection of their rights hereunder or thereunder or in connection with any refinancing or restructuring of the credit arrangements provided under this Agreement in the nature of a “work-out” or any proposal by the Borrower for such a restructuring or pursuant to any insolvency or bankruptcy proceedings;”
		

		
			 
		

			
	
			
				 (j)
			Section 13.01 of the Credit Agreement is hereby amended by inserting the following sentence into such Section as a new paragraph at the end of such Section:

		
			“Without limiting any of the Borrower’s reimbursement, indemnification and contribution obligations set forth in this Section 13.01, the Borrower shall pay all reasonable out-of-pocket costs and expenses, including reasonable legal and financial advisor fees and expenses, of the Administrative Agent incurred during the Sixth Amendment Waiver Period.”
		

		
			 
		

			
	
			
				Section 2.  
			Representations and warranties.

		
			 
		

		
			In order to induce the Lenders to enter into this Sixth Amendment, the Borrower hereby represents and warrants that:
		

			
	
			
				 (a)
			no Default or Event of Default exists as of the Sixth Amendment Effective Date (as defined in Section 3 of this Sixth Amendment) before or after giving effect to this Sixth 

		 

		

			3

		

		

			LONDON:553337.12

		

 

	Amendment; and

			
	
			
				 (b)
			all of the representations and warranties contained in the Credit Agreement and in each of the other Credit Documents are true and correct in all material respects on the Sixth Amendment Effective Date both before and after giving effect to this Sixth Amendment, with the same effect as though such representations and warranties had been made on and as of the Sixth Amendment Effective Date, except for any representation and warranty that is qualified by materiality or reference to Material Adverse Effect, which such representation and warranty shall be true and correct in all respects on and as of such date (it being understood that any representation or warranty that by its terms is made as of a specific date shall be true and correct in all material respects as of such specific date, except for any representation and warranty that is qualified by materiality or reference to Material Adverse Effect, which such representation and warranty shall be true and correct, only as of such specified date).

			
	
			
				 (c)
			Since December 31, 2013 there has not occurred a Material Adverse Effect or any event or condition has had or could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect.

			
	
			
				Section 3.  
			Conditions to Effectiveness.

		
			 
		

		
			This Sixth Amendment shall become effective on the first date (the “Sixth Amendment Effective Date”) upon which the following conditions have been satisfied:
		

			
	
			
				 (a)
			each of the Borrower and the Required Lenders shall have signed a counterpart hereof and of all other Credit Documents executed in connection herewith to which each is to be, respectively, a party (whether the same or different counterparts), and shall have delivered (including by way of facsimile or other electronic transmission) the same to the Administrative Agent;

			
	
			
				 (b)
			each Subsidiary Guarantor shall have signed a counterpart of the acknowledgment attached to this Sixth Amendment (whether the same or different counterparts) and shall have delivered (including by way of facsimile or other electronic transmission) the same to the Administrative Agent;

			
	
			
				 (c)
			no Default or Event of Default shall have occurred and be continuing both before and after giving effect to this Sixth Amendment;

			
	
			
				 (d)
			Since December 31, 2013, there shall not have occurred a Material Adverse Effect or any event or condition that has had or could reasonably be expected, individually or in the aggregate, to have a Material Adverse Effect;

			
	
			
				 (e)
			the Administrative Agent shall have received a certificate, dated as of the Sixth Amendment Effective Date, reasonably acceptable to the Administrative Agent and signed by an Authorized Representative of the Borrower, confirming the matters set forth in Section 2 hereof;

			
	
			
				 (f)
			the Administrative Agent shall have received a certificate, dated the Sixth Amendment Effective Date and reasonably acceptable to the Administrative Agent, signed by an 

		 

		

			4

		

		

			LONDON:553337.12

		

 

	Authorized Representative of each Credit Party, and attested to by the secretary or any assistant secretary (or, (x) if there is no secretary or assistant secretary, an Authorized Representative, or (y) with respect to any Credit Party organized under the laws of Luxembourg, a manager or director, as applicable) of such Credit Party (other than the Authorized Representative of such Credit Party signing the certificate of such Credit Party), as the case may be, certifying (i)(A) as to the incumbency and genuineness of the signature of each Credit Party executing Credit Documents to which it is a party or (B) that such incumbency of such Credit Party executing Credit Documents to which it is a party has not changed since the date of the last certification of the same to the Administrative Agent and (ii), with respect to the Borrower only, that (A)(I) attached thereto are true, correct and complete copies of the articles or certificate of incorporation, formation or other organizational document, as applicable, of the Borrower, and all amendments thereto, certified as of a recent date by the appropriate governmental officials in its jurisdiction of incorporation or formation, as applicable, or (II) the articles or certificate of incorporation, formation or other organizational document, as applicable, of the Borrower, have not been amended since the date of the last certification of such document to the Administrative Agent and is in full force and effect on the Sixth Amendment Effective Date and (B) resolutions duly authorized by the board of directors (or other governing body) of the Borrower authorizing and approving the execution and delivery of, and performance under, the Credit Agreement, this Sixth Amendment and the other Credit Documents to which such the Borrower is a party;

			
	
			
				 (g)
			the Administrative Agent shall have received a true, correct and complete copies of (i) an excerpt from the Luxembourg Trade and Companies Register in relation to the Borrower and (ii) an electronic certificat de non inscription d’une décision judiciaire (certificate as to the non-inscription of a court decision), in relation to the Borrower, both dated on or about the date of the Sixth Amendment Effective Date;

			
	
			
				 (h)
			the Administrative Agent shall have received from Luxembourg counsel (which shall be Wildgen) an opinion covering due authorization and execution of this Sixth Amendment;

			
	
			
				 (i)
			the Borrower shall have paid (i) to the Administrative Agent all accrued costs, fees and expenses (including, without limitation, reasonable fees and expenses of Shearman & Sterling LLP, Holland & Knight LLP and FTI Consulting Inc. as financial advisor to the Administrative Agent (without duplication of any fees and expenses allocable to FTI Consulting Inc. under the SSCF) in connection with this Sixth Amendment for which an invoice has been provided to the Borrower at least two Business Days before the anticipated Sixth Amendment Effective Date (which invoice may include a reasonable estimate of anticipated fees and expenses through the Effective Date) and (ii) an amendment fee in an aggregate amount equal to $390,000, which the Administrative Agent shall distribute pro rata to the Lenders that have consented to this Sixth Amendment.

			
	
			
				 (j)
			The Borrower shall have prepaid Loans in an aggregate principal amount of $25,000,000 as a voluntary prepayment in accordance with Section 5.01 of the Credit Agreement and terminated the Commitments in respect thereof in accordance with Section 4.02 so that, upon giving effect to such prepayment and termination of Commitments, the Total Commitment is $475,000,000. 

		
			

		 

		

			5

		

		

			LONDON:553337.12

		

 

		

			
	
			
				Section 4.  
			Miscellaneous Provisions.

		
			 
		

			
	
			
				 (a)
			This Sixth Amendment is limited precisely as written and shall not be deemed to (i) be a waiver of or a consent to the modification of or deviation from any other term or condition of the Credit Agreement or the other Credit Documents or any of the other instruments or agreements referred to therein, or (ii) prejudice any right or rights which any of the Lenders or the Administrative Agent now have or may have in the future under or in connection with the Credit Agreement, as amended hereby, the other Credit Documents or any of the other instruments or agreements referred to therein.  The Borrower confirms and agrees that the Credit Agreement and each of the Security Documents to which it is a party is and shall continue to be in full force and effect and is ratified and confirmed in all respects, except that, on and after the Sixth Amendment Effective Date each reference in the Credit Agreement and the other Security Documents to “the Credit Agreement,” “thereunder,” “thereof,” “therein” or any other expression of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement as amended by this Sixth Amendment.  The Administrative Agent, the Pari Passu Collateral Agent, the Issuing Lenders and the Lenders expressly reserve all their rights and remedies except as expressly set forth in this Sixth Amendment.  Notwithstanding Section 10.09 of the Credit Agreement, the Administrative Agent, the Pari Passu Collateral Agent, the Issuing Lenders and the Lenders acknowledge and consent to the Borrower and certain of its Restricted Subsidiaries entering into that certain Amendment No. 6 to the SSCF, dated as of even date herewith, and to the payments and the transactions contemplated thereby.

			
	
			
				 (b)
			This Sixth Amendment may be executed in any number of counterparts and by the different parties hereto on separate counterparts, each of which counterparts when executed and delivered shall be an original, but all of which shall together constitute one and the same instrument.  Delivery of an executed counterpart of a signature page to this Sixth Amendment by facsimile or other electronic means shall be effective as delivery of a manually executed counterpart of this Amendment.

			
	
			
				 (c)
			THIS SIXTH AMENDMENT AND THE RIGHTS AND OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF NEW YORK.

			
	
			
				 (d)
			Each of the parties hereto hereby irrevocably and unconditionally submits to the exclusive jurisdiction and venue of the United States District Court for the Southern District of New York and of any New York State court sitting in New York County, Borough of Manhattan, and any appellate court from any such federal or state court, for purposes of all suits, actions or legal proceedings arising out of or relating to this Sixth Amendment and the Credit Agreement or the transactions contemplated hereby or thereby.  Each of the parties hereto irrevocably waives, to the fullest extent permitted by law, any objection that it may now or hereafter have to the laying of the venue of any such proceeding brought in such a court and any claim that any such proceeding brought in such a court has been brought in an inconvenient forum.  EACH OF THE BORROWER, THE ADMINISTRATIVE AGENT AND THE LENDERS PARTY HERETO HEREBY IRREVOCABLY WAIVES ALL RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THIS SIXTH AMENDMENT, THE 

		 

		

			6

		

		

			LONDON:553337.12

		

 

	CREDIT AGREEMENT OR THE ACTIONS OF THE ADMINISTRATIVE AGENT OR ANY LENDER IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT THEREOF.  

			
	
			
				 (e)
			This Sixth Amendment is a Credit Document for the purposes of the Credit Agreement and the other Credit Documents.  From and after the Sixth Amendment Effective Date, all references in the Credit Agreement and each of the other Credit Documents to the Credit Agreement shall be deemed to be references to the Credit Agreement, as amended hereby.

		
			*        *        *
		

		
			 
		

		
			 
		

		
			

		 

		

			7

		

		

			LONDON:553337.12

		

 

		

			 

		

		

		
			IN WITNESS WHEREOF, the parties hereto have caused their duly authorized officers to execute and deliver this Sixth Amendment as of the date first above written.
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC DRILLING S.A.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						CEO& Director

				

		
			 
		

		
			 
		

		
			 
		

		
			

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

		

		
			Each of the undersigned, as Subsidiary Guarantors under the U.S. Subsidiary Guaranty dated as of June 3, 2013 (as amended, restated, supplemented or otherwise modified, the “Guaranty”), and as debtors, mortgagors, and/or grantors under the Security Documents, hereby (a) consents to this Sixth Amendment, and (b) confirms and agrees that the Guaranty and each of the Security Documents to which it is a party is and shall continue to be in full force and effect and is ratified and confirmed in all respects, except that, on and after the Sixth Amendment Effective Date each reference in the Guaranty and the other Security Documents to “the Credit Agreement,” “thereunder,” “thereof,” “therein” or any other expression of like import referring to the Credit Agreement shall mean and be a reference to the Credit Agreement as amended by this Sixth Amendment.
		

			
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC BORA LTD.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC MISTRAL LTD.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC SCIROCCO LTD.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC SANTA ANA S.À R.L.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ JOHANNES BOOTS

				
	
					
						 

					
					
						Name:

					
					
						Johannes Boots

				
	
					
						 

					
					
						Title: 

					
					
						Manager

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC DRILLING LIMITED

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC INTERNATIONAL DRILLING WEST AFRICA LIMITED

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ DICK VERHAAGEN

				
	
					
						 

					
					
						Name:

					
					
						Dick Verhaagen

				
	
					
						 

					
					
						Title: 

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC SANTA ANA (GIBRALTAR) LIMITED

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						In the presence of a witness:

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						/s/ KATHLEEN GEHLHAUSEN

				
	
					
						 

					
					
						Name:

					
					
						Kathleen Gehlhausen

				
	
					
						 

					
					
						Title:

					
					
						Corporate Paralegal

				
	
					
						 

					
					
						Address:

					
					
						11700 Katy Freeway, Suite 175 

				
	
					
						 

					
					
						Houston, Tx 77079

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC DRILLSHIP S.À R.L.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ JOHANNES BOOTS

				
	
					
						 

					
					
						Name:

					
					
						Johannes Boots

				
	
					
						 

					
					
						Title:

					
					
						Manager

				

		
			 
		

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC DRILLING, INC.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC DRILLSHIP NIGERIA LIMITED

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CHRISTIAN J. BECKETT

				
	
					
						 

					
					
						Name:

					
					
						Christian J. Beckett

				
	
					
						 

					
					
						Title: 

					
					
						President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						PACIFIC DRILLING FINANCE S.À R.L.

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ JOHANNES BOOTS

				
	
					
						 

					
					
						Name:

					
					
						Johannes Boots

				
	
					
						 

					
					
						Title: 

					
					
						Manager

				
	
					
						 

					
					
						 

					
					
						 

				

		
			
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						CITIBANK, N.A., as Administrative Agent, and Lender

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ SUGAM MEHTA

				
	
					
						 

					
					
						Name:

					
					
						Sugam Mehta

				
	
					
						 

					
					
						Title: 

					
					
						Vice President

				

		
			 
		

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						STANDARD CHARTERED BANK, as Issuing Lender and Lender

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ MARC CHAIT

				
	
					
						 

					
					
						Name:

					
					
						Marc Chait

				
	
					
						 

					
					
						Title: 

					
					
						Head, Americas Group Assets Management

				

		
			 
		

		
			 
		

		
			
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						NIBC BANK N.V.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ VIKKI GREATOR

				
	
					
						 

					
					
						Name:

					
					
						Vikki Greatorex

				
	
					
						 

					
					
						Title: 

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ YVETTE HENNEN

				
	
					
						 

					
					
						Name:

					
					
						Yvette Hennen

				
	
					
						 

					
					
						Title: 

					
					
						Director Oil & Gas Services

				
	
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						ABN AMRO CAPITAL USA LLC

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ RICHARD KLOMPJAN

				
	
					
						 

					
					
						Name:

					
					
						Richard Klompjan

				
	
					
						 

					
					
						Title: 

					
					
						Executive Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ URVASHI ZUTSHI

				
	
					
						 

					
					
						Name:

					
					
						Urvashi Zutshi

				
	
					
						 

					
					
						Title: 

					
					
						Managing Director

				

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						BARCLAYS BANK PLC

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ GRAEME PALMER

				
	
					
						 

					
					
						Name:

					
					
						Graeme Palmer

				
	
					
						 

					
					
						Title: 

					
					
						Assistant Vice President

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						 

				
	
					
						 

					
					
						Name:

					
					
						 

				
	
					
						 

					
					
						Title: 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ JEROME DUVAL

				
	
					
						 

					
					
						Name:

					
					
						Jerome Duval

				
	
					
						 

					
					
						Title: 

					
					
						Managing Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ YANNICK LE GOURIERES

				
	
					
						 

					
					
						Name:

					
					
						Yannick Le Gourieres

				
	
					
						 

					
					
						Title: 

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						CREDIT INDUSTRIEL ET COMMERCIAL

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ ANDREW MCKUIN

				
	
					
						 

					
					
						Name:

					
					
						Andrew McKuin

				
	
					
						 

					
					
						Title: 

					
					
						Managing Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ CLIFFORD ABRAMSKY

				
	
					
						 

					
					
						Name:

					
					
						Clifford Abramsky

				
	
					
						 

					
					
						Title: 

					
					
						Managing Director

				

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						GOLDMAN SACHS BANK USA

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ DAVID CIRIGLIANO

				
	
					
						 

					
					
						Name:

					
					
						David Cirigliano

				
	
					
						 

					
					
						Title: 

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						 

				
	
					
						 

					
					
						Name:

					
					
						 

				
	
					
						 

					
					
						Title: 

					
					
						 

				

		
			 
		

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						ING CAPITAL LLC

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ TANJA VAN DER WOUDE

				
	
					
						 

					
					
						Name:

					
					
						Tanja van der Woude

				
	
					
						 

					
					
						Title: 

					
					
						Director

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ HENRY RUSHTON

				
	
					
						 

					
					
						Name:

					
					
						Henry Rushton

				
	
					
						 

					
					
						Title: 

					
					
						Vice President

				

		
			 
		

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						SKANDINAVISKA ENSKILDA BANKEN AB (PUBL)

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ ERLING AMUNDSEN

				
	
					
						 

					
					
						Name:

					
					
						Erling Amundsen

				
	
					
						 

					
					
						Title: 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						For institutions requiring a second signature block:

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ PER OLAV BUCHER-JOHANNESSEN

				
	
					
						 

					
					
						Name:

					
					
						Per Olav Bucher-Johannessen

				
	
					
						 

					
					
						Title: 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		
			 
		

		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

		

 

		

			 

		

	
					
						

					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						SIGNATURE PAGE TO THE SIXTH AMENDMENT TO CREDIT AGREEMENT, DATED AS OF THE DATE FIRST WRITTEN ABOVE, AMONG PACIFIC DRILLING S.A., VARIOUS LENDERS PARTY HERETO AND CITIBANK, N.A., AS ADMINISTRATIVE AGENT

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						STANDARD CHARTERED BANK (HONG KONG) LIMITED

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ LEUNG YEE CHUN

				
	
					
						 

					
					
						Name:

					
					
						Leung Yee Chun

				
	
					
						 

					
					
						Title: 

					
					
						Head, Group Special Assets Management Hong Kong

				

		
			 
		

		 

		

			Signature page to Sixth Amendment to Credit Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00267-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00267-of-00352.parquet"}]]