Document:

Administrative Services Agreement

 Exhibit 10.9 
  
 ADMINISTRATIVE SERVICES AGREEMENT 
  
 by and between 
  
 GULFPORT ENERGY CORPORATION 
  
 AND 
  
 BRONCO DRILLING COMPANY, L.L.C. 
  
 dated as of 
  
 April 1,
2005 
  

 TABLE OF CONTENTS 
  

					
	 ARTICLE I SERVICES
	  	1
	 SECTION 1.1
	 	Services	  	1
	 SECTION 1.2
	 	Service Coordinators	  	1
	 SECTION 1.3
	 	Additional Services	  	2
	 SECTION 1.4
	 	Employees, Standard of Performance and Legal Compliance	  	2
	 SECTION 1.5
	 	Conflict with Laws	  	3
		
	 ARTICLE II SERVICE CHARGES
	  	3
	 SECTION 2.1
	 	Compensation	  	3
	 SECTION 2.2
	 	Payment	  	3
		
	 ARTICLE III TERM AND DISCONTINUATION OF SERVICES
	  	3
	 SECTION 3.1
	 	Term	  	3
	 SECTION 3.2
	 	Discontinuation of Services	  	3
	 SECTION 3.3
	 	Termination	  	3
		
	 ARTICLE IV INDEMNIFICATION
	  	4
	 SECTION 4.1
	 	Indemnification of Bronco	  	4
	 SECTION 4.2
	 	Indemnification of Service Provider	  	4
		
	 ARTICLE V CONFIDENTIALITY
	  	4
	 SECTION 5.1
	 	Confidentiality	  	4
		
	 ARTICLE VI FORCE MAJEURE
	  	5
	 SECTION 6.1
	 	Performance Excused	  	5
	 SECTION 6.2
	 	Notice	  	5
	 SECTION 6.3
	 	Cooperation	  	5
		
	 ARTICLE VII REPRESENTATIONS AND WARRANTIES
	  	5
	 SECTION 7.1
	 	Bronco Representations and Warranties	  	5
	 SECTION 7.2
	 	Service Provider Representations and Warranties	  	6
		
	 ARTICLE VIII MISCELLANEOUS
	  	6
	 SECTION 8.1
	 	Construction Rules	  	6
	 SECTION 8.2
	 	Notices	  	7
	 SECTION 8.3
	 	Assignment, Binding Effect	  	7
	 SECTION 8.4
	 	No Third Party Beneficiaries	  	7
	 SECTION 8.5
	 	Amendment	  	7
	 SECTION 8.6
	 	Waiver	  	7
	 SECTION 8.7
	 	Severability	  	8
	 SECTION 8.8
	 	Counterparts	  	8
	 SECTION 8.9
	 	Governing Law	  	8
	 SECTION 8.10
	 	Jurisdiction and Waiver of Jury Trail	  	8
	 SECTION 8.11
	 	Relationship of Parties	  	9
	 SECTION 8.12
	 	Further Assurances	  	9
	 SECTION 8.13
	 	Regulations	  	9
	 SECTION 8.14
	 	Survival	  	9
	 SECTION 8.15
	 	LIMITATION OF LIABILITY	  	9
	 SECTION 8.16
	 	DISCLAIMER	  	9
			
	 EXHIBIT A
	 	SERVICES	  	 

  

 i 

 ADMINISTRATIVE SERVICES AGREEMENT 
  
 This ADMINISTRATIVE SERVICES AGREEMENT (the “Agreement”) is entered into as of the 1st day of April, 2005 by and between Gulfport Energy Corporation, a Delaware corporation (the “Service
Provider”), and Bronco Drilling Company, L.L.C., an Oklahoma limited liability company (“Bronco”). 
  
 WHEREAS, Bronco intends to consummate an initial public offering (“IPO”); 
  
 WHEREAS, Bronco, an affiliate of the Service Provider, receives certain
administrative and support services from Service Provider; and 
  
 WHEREAS, in order to effect an orderly transition by Bronco to a separate, stand-alone entity following the IPO, Bronco desires Service Provider to provide the services described herein. 
  
 NOW, THEREFORE, in consideration of the premises and the agreements set forth
in this Agreement, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties, intending to be legally bound hereby, agree as follows: 
  
 ARTICLE I 
 SERVICES 
  
 SECTION 1.1 Services. Subject to the terms and conditions of this Agreement, Service Provider, acting through its and/or its Affiliates’ (defined below) respective employees, agents, contractors or independent third parties,
agrees to provide or cause to be provided to Bronco and its subsidiaries the services set forth on Exhibit A hereto (including any additional services provided pursuant to Section 1.3, all of such services collectively referred to
herein as the “Services”). Bronco acknowledges and agrees that, except as may be expressly set forth herein as a Service (including an additional Service to be provided pursuant to Section 1.3 below), Service Provider
shall not be obligated to provide, or cause to be provided, any service or goods to Bronco. An “Affiliate” of any person means another person that directly, or indirectly through one or more intermediaries, controls, is
controlled by, or is under common control with, such person. For this purpose “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of the person
controlled, whether through ownership of voting securities, by contract or otherwise. Notwithstanding anything herein to the contrary, Service Provider or any of its majority owned subsidiaries, if any, shall not be deemed an Affiliate of Bronco,
and Bronco or any of its majority owned subsidiaries, if any, shall not be deemed an Affiliate of Service Provider. 
  
 SECTION 1.2 Service Coordinators. Each party will nominate a representative to act as the primary contact with respect to the provision of the
Services as contemplated by this Agreement (the “Service Coordinators”). The initial Service Coordinators shall be Michael G. Moore for Service Provider and Zachary M. Graves for Bronco. Unless Service Provider and Bronco
otherwise agree, Service Provider and Bronco agree that all notices and communications relating to this Agreement other than those day to day communications and billings relating to the actual provision of the Services shall be directed to the
Service Coordinators in accordance with Section 7.2 hereof. 

 SECTION 1.3 Additional Services. Subject to any limitations set forth in this Agreement and
Exhibit A hereto, Bronco may request additional Services from Service Provider by providing written notice. Upon the mutual written agreement as to the nature, cost, duration and scope of such additional Services, Service Provider and Bronco
shall supplement in writing Exhibit A to include such additional Services. In accordance with Section 3.2, the parties hereto may discontinue one or more Services hereunder. 
  
 SECTION 1.4 Employees, Standard of Performance and Legal Compliance. 
  
 (a) Service Provider shall cause its employees
(“Employees”) to devote such time and effort to the business of Bronco as shall be reasonably necessary to perform the duties and services set forth in this Agreement; provided, however, that the Employees shall
not be precluded from engaging in other business activities. The Employees shall not receive any additional compensation from Bronco for holding any office or serving as an officer of Bronco. All duties and services of the Employees shall be
rendered at the offices of Service Provider subject to reasonable travel requirements. Unless otherwise expressly provided for in this Agreement, all matters pertaining to the employment of the Employees are the sole responsibility of Service
Provider, which shall in all respects be the employer of such Employees. At no time shall the employees, agents and consultants of Service Provider, any independent contractors engaged by Service Provider and/or the employees of any such independent
contractors be considered employees of Bronco. This Agreement is not one of agency between Service Provider and Bronco, but one with Service Provider engaged independently in the business of providing services as an independent contractor. All
employment arrangements are therefore solely Service Provider’s concern, and Bronco shall not have any liability with respect thereto except as otherwise expressly set forth herein. 
  
 (b) The Services to be provided hereunder shall be performed with the same general degree of care as when
performed within the Service Provider’s organization. In the event Service Provider fails to provide, or cause to be provided, the Services in accordance herewith, the sole and exclusive remedy of Bronco shall be to, at Bronco’s sole
discretion, either (i) have the Service reperformed, or (ii) not pay for such Service, or if payment has already been made, receive a refund of the payment made for such defective service; provided that in the event Service Provider defaults in the
manner described in Section 3.3, Bronco shall have the further rights set forth in Section 3.3. 
  
 (c) Service Provider further covenants and represents to Bronco that it shall comply in all material respect with all applicable laws,
rules, regulations and requirements of any governmental body which may be applicable to the Services provided by Service Provider hereunder, including applicable rules and regulations of the Securities Exchange Commission. Service Provider shall
obtain and maintain all material permits, approvals and licenses necessary or appropriate to perform its duties and obligations (including all Services) hereunder and shall at all times comply with the terms and conditions of such permits, approvals
and licenses. Service Provider shall notify Bronco’s Service Coordinator immediately upon receipt of notice of (i) any material threatened or pending governmental orders, proceedings or lawsuit involving Bronco and (ii) any material violations
relating to the use or maintenance of Bronco’s assets. 
  

 2 

 SECTION 1.5 Conflict with Laws. Notwithstanding any other provision hereof, Service Provider shall
not be required to provide a Service to the extent the provision thereof would violate or contravene an applicable law. To the extent that the provision of any such Service would violate an applicable law, the parties agree to work together in good
faith to provide such Service in a manner which would not violate any law. 
  
 ARTICLE II 
 SERVICE CHARGES 
  
 SECTION 2.1 Compensation. As compensation for the services to be performed and the expenses incurred by Service
Provider under this Agreement during the term of this Agreement, Bronco shall pay Service Provider an annual administrative services fee of $413,984.40, subject to adjustment from time to time as provided in Sections 1.3 and 3.2 (the
“Administrative Services Fee”). As compensation for the lease of 1,160 square feet of office space at 14313 North May Avenue, Suite 100, Bronco shall pay Service Provider an annual lease payment of $20,880 (the
“Rent”). If the term of this Agreement is extended pursuant to Article III, Service Provider and Bronco shall agree on the terms of the Administrative Services Fee for such extension period. 
  
 SECTION 2.2 Payment. The Administrative Services Fee and the Rent
shall be paid on the first of each month in equal monthly installments. 
  
 ARTICLE III 
 TERM AND DISCONTINUATION OF SERVICES 
  
 SECTION 3.1 Term. The term of this Agreement shall be effective as of the first date written above and shall continue
in force until the earlier of (i) three (3) years from the date hereof or (ii) the termination of all Services in accordance with Section 3.3. Upon the expiration of the term, this Agreement shall continue on a month-to-month basis until
canceled by either party upon thirty (30) days’ prior written notice. Any extension of this Agreement must be made by the parties in writing. 
  
 SECTION 3.2 Discontinuation of Services. Either party may, with the other party’s prior written consent (which consent shall not be
unreasonably withheld), elect to discontinue any individual Service from time to time. In the event of any termination with respect to one or more, but less than all, of the Services, this Agreement shall continue in full force and effect with
respect to any Services not terminated hereby. The parties shall amend Exhibit A to reflect the termination of any such Services and may by mutual agreement adjust the Administrative Services Fee. 
  
 SECTION 3.3 Termination. This Agreement may be terminated as follows:
(i) Bronco may terminate this Agreement at any time upon not less than thirty (30) days written notice to Service Provider and (ii) either party may terminate this Agreement upon immediate written notice if the other party is in material breach or
default with respect to any term or provision hereof and fails to cure the same within thirty (30) days of receipt of notice of said breach or default. Bronco’s right to terminate this Agreement as provided in this Section 3.3 and the
rights set forth in Section 1.4(b) and Section 4.1 shall constitute Bronco’s sole and exclusive rights and 

  

 3 

 
remedies for a breach by Service Provider hereunder (including without limitation any breach caused by an Affiliate of Service Provider or other third party
providing a Service hereunder). Upon termination of this Agreement by Bronco, Service Provider shall be entitled to immediate payment of any unpaid balance of the Administrative Services Fee pro rated through the date of termination. 
  
 ARTICLE IV 
 INDEMNIFICATION 
  
 SECTION 4.1 Indemnification of Bronco. Service Provider and its Affiliates and their respective officers, directors, employees or agents shall have no liability for any damages, losses, deficiencies, obligations, penalties,
judgments, settlements, claims, payments, fines, interest costs and expenses (including the costs and expenses of any and all actions and demands, assessments, judgments, settlements and compromises relating thereto and the costs and expenses of
attorneys’, accountants’, consultants’ and other professionals’ fees and expenses incurred in the investigation or defense thereof or the enforcement of rights hereunder) (“Losses”) to Bronco and its
Affiliates and their respective officers, directors, employees or agents with respect to their furnishing any of the Services hereunder except for Losses arising out of or resulting from the gross negligence or willful misconduct of Service Provider
occurring after the date hereof. Service Provider will indemnify, defend and hold harmless Bronco and its Affiliates and their respective officers, directors, employees or agents in respect of all such Losses arising out of or resulting from such
gross negligence or willful misconduct. 
  
 SECTION 4.2
Indemnification of Service Provider. Bronco shall indemnify and hold harmless Service Provider and its Affiliates and their respective officers, directors, employees or agents in respect of all Losses arising out of or resulting from Service
Provider’ furnishing or failing to furnish the Services provided for in this Agreement, other than Losses arising out of or resulting from the gross negligence or willful misconduct of Service Provider or its Affiliates and their respective
officers, directors, employees or agents. 
  
 ARTICLE V 

CONFIDENTIALITY 
  
 SECTION 5.1 Confidentiality. Service Provider and Bronco shall hold and shall each cause their respective officers, employees, agents, consultants
and advisors to hold, in strict confidence and not to disclose or release without the prior written consent of the other party, any and all Confidential Information (as defined herein); provided, that the parties may disclose, or may permit
disclosure of, Confidential Information (1) to their respective auditors, attorneys, financial advisors, bankers and other appropriate consultants and advisors who have a need to know such information and are informed of their obligation to hold
such information confidential to the same extent as is applicable to the parties hereto and in respect of whose failure to comply with such obligations, Service Provider or Bronco, as the case may be, will be responsible or (2) to the extent any
member of the Service Provider or the Bronco is compelled to disclose any such Confidential Information by judicial or administrative process or, in the opinion of legal counsel, by other requirements of law. Notwithstanding the foregoing, in the
event that any demand or request for disclosure of Confidential Information is made pursuant to clause (2) above, Service Provider or Bronco, as the case may be, shall promptly notify the other of the existence of such request or 

  

 4 

 
demand and shall provide the other a reasonable opportunity to seek an appropriate protective order or other remedy, which both parties will cooperate in
seeking to obtain. In the event that such appropriate protective order or other remedy is not obtained, the party whose Confidential Information is required to be disclosed shall or shall cause the other party to furnish, or cause to be furnished,
only that portion of the Confidential Information that is legally required to be disclosed. As used in this Section 5.1, “Confidential Information” shall mean all proprietary, technical or operational information, data
or material of one party which, prior to or following the closing date of the IPO, has been disclosed by Service Provider or its representatives, on the one hand, or Bronco or its representatives, on the other hand, in written, oral (including by
recording), electronic, or visual form to, or otherwise has come into the possession of, the other (except to the extent that such Information can be shown to have been (a) in the public domain through no fault of such party or (b) later lawfully
acquired from other sources by the party to which it was furnished; provided, however, in the case of (b) that such sources did not provide such information in breach of any confidentiality obligations) 
  
 ARTICLE VI 
 FORCE MAJEURE 
  
 SECTION 6.1 Performance Excused. Continued performance of a Service may be suspended immediately to the extent caused by any event or condition beyond the reasonable control of the party suspending such performance including acts of
God, fire, labor or trade disturbance, war, civil commotion, compliance in good faith with any law, unavailability of materials or other event or condition whether similar or dissimilar to the foregoing (a “Force Majeure
Event”). 
  
 SECTION 6.2 Notice. The party
claiming suspension due to a Force Majeure Event will give prompt notice to the other of the occurrence of the Force Majeure Event giving rise to the suspension and of its nature and anticipated duration. 
  
 SECTION 6.3 Cooperation. The parties shall cooperate with each other
to find alternative means and methods for the provision of the suspended Service. 
  
 ARTICLE VII 
 REPRESENTATIONS AND WARRANTIES 
  
 SECTION 7.1 Bronco Representations and Warranties. Bronco represents and warrants to Service Provider that as of the
date of this Agreement: 
  
 (a) Bronco is a
limited liability company duly organized, validly existing, and in good standing under the laws of the State of Oklahoma and has full limited liability company power to execute, deliver, and perform this Agreement. 
  
 (b) The execution, delivery, and performance of this
Agreement have been duly authorized by all necessary limited liability company action on the part of Bronco and do not contravene any provision of law or of Bronco’s constitutional documents or any contractual restriction of any material
agreement binding on Bronco or its assets. 
  

 5 

 (c) All consents, authorizations and approvals of, and registrations and declarations
with, any governmental authority necessary for the due execution, delivery, and performance of this Agreement have been obtained and are in full force and effect and all conditions thereof have been duly complied with, and no other action by, and no
notice to or filing with, any governmental authority is required in connection with the execution, delivery, or performance of this Agreement. 
  
 (d) This Agreement constitutes the legal, valid, and binding obligation of Bronco enforceable against Bronco in accordance with its terms,
subject, as to enforcement, to bankruptcy, insolvency, reorganization, and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles. 
  
 SECTION 7.2 Service Provider Representations and Warranties. Service
Provider represents and warrants to Bronco that as of the date of this Agreement: 
  
 (a) Service Provider is duly organized, validly existing, and in good standing under the laws of the State of Delaware and has full
corporate power to execute, deliver, and perform this Agreement. 
  
 (b) The execution, delivery, and performance of this Agreement have been duly authorized by all necessary corporate action on the part of the Service Provider and do not contravene any provision of law or of Service
Provider’s constitutional documents or any contractual restriction of any material agreement binding on Service Provider or its assets. 
  
 (c) All consents, authorizations and approvals of, and registrations and declarations with, any governmental authority necessary for the
due execution, delivery, and performance of this Agreement have been obtained and are in full force and effect and all conditions thereof have been duly complied with, and no other action by, and no notice to or filing with, any governmental
authority is required in connection with the execution, delivery, or performance of this Agreement. 
  
 (d) This Agreement constitutes the legal, valid, and binding obligation of Service Provider enforceable against Service Provider in
accordance with its terms, subject, as to enforcement, to bankruptcy, insolvency, reorganization, and other laws of general applicability relating to or affecting creditors’ rights and to general equity principles. 
  
 ARTICLE VIII 
 MISCELLANEOUS 
  
 SECTION 8.1 Construction Rules. The article and section headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. As used in this Agreement,
unless otherwise provided to the contrary, (i) all references to days or months shall be deemed references to calendar days or months and (ii) any reference to a “Section,” “Article” or “Exhibit” shall be deemed to
refer to a section or article of this Agreement or an exhibit to this Agreement. The words “hereof,” “herein” and “hereunder” and words of similar import referring to this Agreement refer to this Agreement as a whole
and not to any particular provision of this Agreement. Whenever the words “include,” “includes” or “including” are used in this Agreement, they shall be deemed to be followed by the 
  

 6 

 
words “without limitation.” Unless otherwise specifically provided for herein, the term “or” shall not be deemed to be exclusive.

  
 SECTION 8.2 Notices. All notices and other
communications hereunder shall be in writing and shall be deemed given upon (i) a transmitter’s confirmation of a receipt of a facsimile transmission, (ii) confirmed delivery of a standard overnight courier or when delivered by hand or (iii)
the expiration of five business days after the date mailed by certified or registered mail (return receipt requested), postage prepaid, to the parties at the following addresses (or at such other addresses for a party as shall be specified by like
notice): 
  

			
	 If to
	 	Service Provider, to:
		
	 	 	 Gulfport Energy Corporation
 Attention: Chief
Financial Officer
 14313 N. May Avenue, Suite 100
 Oklahoma City,
Oklahoma 73134
 Facsimile: 405-848-8816

		
	 If to
	 	Bronco, to:
		
	 	 	 Bronco Drilling Company, L.L.C.
 Attention: Chief
Financial Officer
 14313 N. May Avenue, Suite 100
 Oklahoma City,
Oklahoma 73134
 Facsimile: 405-848-8816

  
 SECTION 8.3
Assignment, Binding Effect. Neither this Agreement nor any of the rights, benefits or obligations hereunder may be assigned or delegated by Bronco or Service Provider (whether by operation of law or otherwise) without the prior written
consent of the other party; provided however that the foregoing shall in no way restrict the performance of a Service by an Affiliate of Service Provider or a third party as otherwise allowed hereunder. 
  
 SECTION 8.4 No Third Party Beneficiaries. Except as specifically set
forth herein, nothing in this Agreement is intended to or shall confer upon any Person (other than Bronco and Service Provider providing Services hereunder) any legal or equitable right, benefit or remedy of any nature whatsoever under or by reason
of this Agreement, and no Person (except as so specified) shall be deemed a third-party beneficiary under or by reason of this Agreement. 
  
 SECTION 8.5 Amendment. No amendments, additions to, alterations, modifications or waivers of all or any part of this Agreement shall be of any
effect, whether by course of dealing or otherwise, unless explicitly set forth in writing and executed by both parties hereto. If the provisions of this Agreement and the provisions of any purchase order or order acknowledgment written in connection
with this Agreement conflict, the provisions of this Agreement shall prevail. 
  
 SECTION 8.6 Waiver. The waiver by any party hereto of a breach of any provision of this Agreement shall not operate or be construed as a waiver of any subsequent breach. 
  

 7 

 
The failure of any party to require performance of any provision of this Agreement shall not affect any parties right to full performance thereof at any time
thereafter. 
  
 SECTION 8.7 Severability. If any provision
of this Agreement or the application of any such provision to any Person or circumstance shall be declared judicially to be invalid, unenforceable or void, such decision shall not have the effect of invalidating or voiding the remainder of this
Agreement, it being the intent and agreement of Bronco and Service Provider that this Agreement shall be deemed amended by modifying such provision to the extent necessary to render it valid, legal and enforceable while preserving its intent or, if
such modification is not possible, by substituting therefor another provision that is legal and enforceable and that achieves the same objective. 
  
 SECTION 8.8 Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed to be an original, but all of
which together shall constitute one agreement binding on Bronco and Service Provider. 
  
 SECTION 8.9 Governing Law. This Agreement shall be governed by, and construed in accordance with, the laws of the State of Oklahoma without giving effect to the conflicts of law principles thereof. 

 
 SECTION 8.10 Jurisdiction and Waiver of Jury Trail. Any action,
suit or proceeding seeking to enforce any provision of, or based on any matter arising out of or in connection with, this Agreement must only be brought in any federal court located in the State of Oklahoma or any Oklahoma state court, and each
party consents to the non-exclusive jurisdiction and venue of such courts (and of the appropriate appellate courts therefrom) in any such action, suit or proceeding and 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, action, suit or proceeding in any such court or that any such action, suit or proceeding brought in any such court has been brought in an inconvenient forum. Process in any such
action, suit or proceeding may be served on any party anywhere in the world, whether within or without the jurisdiction of any such court. 
  
 EACH PARTY ACKNOWLEDGES THAT ANY DISPUTE THAT MAY ARISE OUT OF OR RELATING TO THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND
THEREFORE SUCH PARTY HEREBY EXPRESSLY WAIVES ITS RIGHT TO JURY TRIAL OF ANY DISPUTE BASED UPON OR ARISING OUT OF THIS AGREEMENT. THE SCOPE OF THIS WAIVER IS INTENDED TO ENCOMPASS ANY AND ALL ACTIONS, SUITS AND PROCEEDINGS THAT RELATE TO THE SUBJECT
MATTER OF THIS AGREEMENT, INCLUDING CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS. EACH PARTY REPRESENTS THAT (i) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY
OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT IN THE EVENT OF ANY ACTION, SUIT OR PROCEEDING, SEEK TO ENFORCE THE FOREGOING WAIVER, (ii) SUCH PARTY UNDERSTANDS AND WITH THE ADVICE OF COUNSEL HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (iii) SUCH
PARTY MAKES THIS WAIVER VOLUNTARILY, AND (iv) SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND REPRESENTATIONS IN THIS SECTION 8.10. 
  

 8 

 SECTION 8.11 Relationship of Parties. This Agreement does not create a fiduciary relationship,
partnership, joint venture or relationship of trust or agency between the parties. 
  
 SECTION 8.12 Further Assurances. From time to time, each party agrees to execute and deliver such additional documents, and will provide such additional information and assistance as any party may reasonably
require to carry out the terms of this Agreement. 
  
 SECTION 8.13
Regulations. All employees of Service Provider and its Affiliates shall, when on the property of Bronco, conform to the rules and regulations of Bronco concerning safety, health and security which are made known to such employees in advance
in writing. 
  
 SECTION 8.14 Survival. The parties agree
that Articles IV and V will survive the termination of this Agreement and that any such termination shall not affect any obligation for the payment of Services rendered prior to termination. 
  
 SECTION 8.15 LIMITATION OF LIABILITY. UNDER NO CIRCUMSTANCES AND UNDER
NO LEGAL OR EQUITABLE THEORY, WHETHER IN TORT, CONTRACT, STRICT LIABILITY OR OTHERWISE, SHALL EITHER PARTY HERETO OR ITS AFFILIATES OR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES OR AGENTS BE LIABLE TO THE OTHER PARTY HERETO OR TO ANY OTHER
PERSON FOR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL LOSSES OR DAMAGES OF ANY NATURE ARISING OUT OF OR IN CONNECTION WITH THIS AGREEMENT OR THE SERVICES, INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOST MARKETING, LOST PROFITS, LOSS OF
GOODWILL, LOSS OF DATA OR WORK STOPPAGE, EVEN IF AN AUTHORIZED REPRESENTATIVE OF SUCH PARTY HAS BEEN ADVISED OF OR SHOULD HAVE KNOWN OF THE POSSIBILITY OF SUCH DAMAGES. SERVICE PROVIDER’S LIABILITY HEREUNDER SHALL BE LIMITED TO THE AMOUNT OF
FEES IT RECEIVED HEREUNDER FROM BRONCO. 
  
 SECTION 8.16
DISCLAIMER. EXCEPT FOR THE REPRESENTATIONS AND WARRANTIES PROVIDED IN THIS AGREEMENT, SERVICE PROVIDER MAKES NO OTHER WARRANTY, EITHER EXPRESS OR IMPLIED, WRITTEN, OR ORAL REGARDING THE SERVICES PROVIDED HEREUNDER INCLUDING, WITHOUT
LIMITATION, THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, TITLE, CUSTOM, TRADE AND QUIET ENJOYMENT. 
  
 [signature pages follow] 
  

 9 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.

  

			
	GULFPORT ENERGY CORPORATION
		
	By:	 	 /s/ Mike Liddell

	 	 	 Mike Liddell

	 	 	 Chief Executive Officer

	
	BRONCO DRILLING COMPANY, L.L.C.
		
	By:	 	WEXFORD CAPITAL, LLC
	 	 	its Manager
		
	By:	 	 /s/ Paul Jacobi

	 Name:
	 	 Paul Jacobi

	 Title:
	 	 Vice President

  

 10 

 EXHIBIT A 
  

SERVICES 
  
 Gulfport personnel will provide consulting and administrative services including, but not limited to, payroll and other human resources administration, accounts payable,
treasury services including bank reconciliations, risk management consulting, administrative assistance, legal services, security and management information and computer processing systems. 
  

 EXHIBIT A-1Registration Rights Agreement

 Exhibit 10.10 
  
 REGISTRATION RIGHTS AGREEMENT 
  
 DATED AS OF
AUGUST     , 2005 
  
 BY AND BETWEEN 
  
 BRONCO DRILLING COMPANY, INC. 
  
 AND 
  
 BRONCO DRILLING HOLDINGS, L.L.C. 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	PAGE

	 Section 1.
	  	 Definitions.
	  	1
			
	 Section 2.
	  	 Demand Registrations.
	  	3
			
	 Section 3.
	  	 Piggyback Registrations.
	  	5
			
	 Section 4.
	  	 Obligations of the Company.
	  	6
			
	 Section 5.
	  	 Registration Expenses.
	  	10
			
	 Section 6.
	  	 Indemnification.
	  	11
			
	 Section 7.
	  	 Rules 144 and 144A.
	  	13
			
	 Section 8.
	  	 Underwritten Registrations.
	  	14
			
	 Section 9.
	  	 Covenants of Holders.
	  	14
			
	 Section 10.
	  	 Miscellaneous.
	  	14

 REGISTRATION RIGHTS AGREEMENT

  
 THIS REGISTRATION RIGHTS AGREEMENT (the
“Agreement”) is made and entered into as of August     , 2005, by and between Bronco Drilling Company, Inc., a Delaware corporation (the “Company”), and Bronco
Drilling Holdings, L.L.C., a Delaware limited liability company (the “Stockholder”). 
  
 WHEREAS, the Company was formed in May 2005 as a wholly owned subsidiary of the Bronco Drilling Company, L.L.C., an Oklahoma limited liability company
(“Bronco”) in contemplation of an initial public offering of common stock of the Company (“Common Stock Offering”); 
  
 WHEREAS, immediately prior to the commencement of the Common Stock Offering, on the date hereof the Company, Bronco and
Stockholder will enter into a transaction (the “Merger”) in which (i) Bronco mergers with and into the Company with the Company being the surviving corporation of the Merger and (ii) Stockholder will receive 13,360,000
validly issued, fully paid and nonassessable shares of common stock, par value $0.01 per share, of the Company; and 
  
 WHEREAS, in connection with the Merger, the parties hereto desire to enter into this Agreement to govern certain of their rights, duties and obligations
relating to registration of the Registrable Securities (as defined herein). 
  
 NOW, THEREFORE, for good, valuable and binding consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally bound hereby, now agree as follows: 

 
 STATEMENT OF
AGREEMENT 
  
 Section 1.
Definitions. 
  
 As used in this Agreement, the following
terms shall have the meanings set forth below: 
  
 “Charter” means the Amended and Restated Certificate of Incorporation of the Company, as amended from time to time. 
  
 “Commission” means the United States Securities and Exchange Commission or any other United States federal agency at the time
administering the Securities Act. 
  
 “Common
Stock” means the Company’s common stock, par value $0.01 per share, or any other shares of capital stock or other securities of the Company into which such shares of Common Stock shall be reclassified or changed, including by
reason of a merger, consolidation, reorganization or recapitalization. If the Common Stock has been so reclassified or changed, or if the Company pays a dividend or makes a distribution on the Common Stock in shares of capital stock, or subdivides
(or combines) its outstanding shares of Common Stock into a greater (or smaller) number of shares of Common Stock, a share of Common Stock shall be deemed to be 

 such number of shares of stock and amount of other securities to which a holder of a share of Common Stock outstanding
immediately prior to such change, reclassification, exchange, dividend, distribution, subdivision or combination would be entitled. 
  
 “Delay Period” has the meaning set forth in Section 4(a) of this Agreement. 
  
 “Demand Notice” has the meaning set forth in
Section 2(a) of this Agreement. 
  
 “Demand
Registration” has the meaning set forth in Section 2(a) of this Agreement. 
  
 “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended, and the rules and regulations of the Commission thereunder. 
  
 “Holder” means a person who owns Registrable
Securities and is either (i) the Stockholder or a Permitted Transferee of the Stockholder that has agreed to be bound by the terms of this Agreement as if such Person were the Stockholder, (ii) upon the death of any Holder, the executor of the
estate of such Holder or such Holder’s heirs, devisees, legatees or assigns or (iii) upon the disability of any Holder, any guardian or conservator of such Holder. 
  
 “Interruption Period” has the meaning set forth in the last paragraph in Section 4(b).

  
 “Losses” has the meaning set forth in
Section 6(a) of this Agreement. 
  
 “Misstatement/Omission” has the meaning set forth in Section 6(a) of this Agreement. 
  
 “Permitted Transferee” means any Person to whom the rights under this Agreement have been assigned in accordance with the
provisions of Section 10(d) hereof. 
  
 “Person” means any natural person, corporation, partnership, firm, association, trust, government, governmental agency, limited liability company or any other entity, whether acting in an individual, fiduciary or
other capacity. 
  
 “Piggyback
Registration” has the meaning set forth in Section 3(a) of this Agreement. 
  
 “Prospectus” means the prospectus included in any Registration Statement, as amended or supplemented by any prospectus supplement, with respect to the terms of the offering of any portion of
the Registrable Securities covered by such Registration Statement, and all other amendments and supplements to the Prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference
in such prospectus. 
  
 “Registrable
Securities” means the shares of Common Stock issued to the Stockholder in connection with the Reorganization. If as a result of any reclassification, stock dividends or stock splits or in connection with a combination of shares,
recapitalization, merger, consolidation or other reorganization or other transaction or event, any capital stock, evidence of indebtedness, warrants, options, rights or other securities (collectively “Other Securities”) are
issued or transferred to a Holder in respect of Registrable Securities held by the Holder, references herein 
  

 2 

 to Registrable Securities shall be deemed to include such Other Securities. As to any particular Registrable Securities,
such securities will cease to be Registrable Securities when (i) they have been distributed to the public pursuant to an offering registered under the Securities Act, (ii) they have been distributed to the public pursuant to Rule 144 (or any
successor provision) under the Securities Act, or (iii) they have been sold to any Person to whom the rights under this Agreement are not assigned in accordance with this Agreement. 
  
 “Registration Statement” means any registration statement under the Securities Act of the Company
that covers any of the Registrable Securities, including the related Prospectus, amendments and supplements to such registration statement or Prospectus, including pre- and post-effective amendments, all exhibits, and all materials incorporated by
reference or deemed to be incorporated by reference in such registration statement or Prospectus. 
  
 “Securities Act” means the United States Securities Act of 1933, as amended, and the rules and regulations of the Commission
promulgated thereunder. 
  
 “Stockholder”
has the meaning set forth in the introductory paragraph of this Agreement. 
  
 Section 2. Demand Registrations. 
  
 (a) Right to Demand. Upon the terms and subject to the conditions of this Agreement, (i) Holders of at least a majority of the aggregate amount of outstanding Registrable Securities shall have the right, by
written notice (the “Demand Notice”) given to the Company, to request the Company to register under and in accordance with the provisions of the Securities Act all or part of the Registrable Securities designated by such
Holders (a “Demand Registration”). Upon receipt of any such Demand Notice, the Company will promptly notify all other Holders of the receipt of such Demand Notice and allow them the opportunity to include Registrable
Securities in the proposed registration by giving notice to the Company within five days after the Holder receives such notice; provided, that Holders joining in a proposed registration pursuant to this sentence shall not be deemed to have
exercised a Demand Registration for purposes of Section 2(b) hereof and such Holders shall be included in such registration on the basis set forth in Section 2(h) hereof. The Company shall not be required to register any Registrable
Securities under this Section 2 unless the anticipated aggregate offering price to the public for any such offering of the Registrable Securities included in such Demand Notice is expected to be at least $1 million. 
  
 (b) Number of Demand Registrations. Holders shall be entitled to have
three Demand Registrations effected. A Demand Registration shall not be deemed to be effected and shall not count as a Demand Registration of any Person (i) if a Registration Statement with respect thereto shall not have become effective under the
Securities Act and remained effective (A) for at least 180 days (excluding any Interruption Period or Delay Period) in the case of a Demand Registration that is not on a Form S-3 or other comparable form or (B) for at least two years (excluding any
Interruption Period or Delay Period) in the case of a Demand Registration on Form S-3 or other comparable form, or until the completion of the distribution of the Registrable Securities thereunder, whichever is earlier (including, without
limitation, because of withdrawal of such Registration Statement by the Holders pursuant to Section 2(f) hereunder), (ii) if, after it has become effective, such registration is interfered with for any reason by any stop 
  

 3 

 order, injunction or other order or requirement of the Commission or any governmental authority, or as a result of the
initiation of any proceeding for such stop order by the Commission through no fault of the Holders and the result of such interference is to prevent the Holders from disposing of such Registrable Securities proposed to be sold in accordance with the
intended methods of disposition, or (iii) if the conditions to closing specified in the purchase agreement or underwriting agreement entered into in connection with any underwritten offering shall not be satisfied or waived with the consent of the
Holders of a majority in number of the Registrable Securities to be included in such Demand Registration, other than as a result of any breach by the Holders or any underwriter of its obligations thereunder or hereunder. 
  
 (c) Registration Statement. Subject to paragraph (a) above, as soon as
practicable, but in any event within 45 days of the date on which the Company first receives one or more Demand Notices pursuant to Section 2(a) hereof, the Company shall file with the Commission a Registration Statement on the appropriate
form for the registration and sale of the total number of Registrable Securities specified in such Demand Notice, together with the number of Registrable Securities requested to be included in the Demand Registration by other Holders, in accordance
with the intended method or methods of distribution specified by the Holders in such Demand Notice. The Company shall use its best efforts to cause such Registration Statement to be declared effective by the Commission as soon as reasonably
practicable. 
  
 (d) Amendments; Supplements. Subject to
Section 4(a), upon the occurrence of any event that would cause the Registration Statement (A) to contain a material misstatement or omission or (B) to be not effective and usable for resale of Registrable Securities during the period that
such Registration Statement is required to be effective and usable, the Company shall file an amendment to the Registration Statement as soon as reasonably practicable, in the case of clause (A), correcting any such misstatement or omission and, in
the case of either clause (A) or (B), use its best efforts to cause such amendment to be declared effective and such Registration Statement to become usable as soon as reasonably practicable thereafter. 
  
 (e) Effectiveness. The Company agrees to use its best efforts to keep
any Registration Statement filed pursuant to this Section 2 continuously effective and usable for the sale of Registrable Securities until the earlier of (i) (a) in the case of a Demand Registration for delayed or continuous offerings of
Registrable Securities filed on Form S-3 or another comparable form, two years after the date on which the Commission declares such Registration Statement effective (excluding any Interruption Period or Delay Period) or (b) in the case of a Demand
Registration that is not on Form S-3 or another comparable form, 180 days from the date on which the Commission declares such Registration Statement effective (excluding any Interruption Period or Delay Period) and (ii) the date on which there are
no longer any Registrable Securities. 
  
 (f) Holders
Withdrawal. Holders of a majority in number of the Registrable Securities to be included in a Demand Registration pursuant to this Section 2 may, at any time prior to the effective date of the Registration Statement in respect thereof,
revoke such request by providing a written notice to the Company to such effect. 
  

 4 

 (g) Preemption of Demand Registration. Notwithstanding anything to the contrary contained herein,
after receiving a written request for a Demand Registration, the Company may elect to effect an underwritten primary registration in lieu of the Demand Registration if the Company’s Board of Directors believes that such primary registration
would be in the best interests of the Company. If the Company so elects to effect a primary registration, the Company shall give prompt written notice (which shall be given not later than 20 days after the date of the Demand Notice) to all Holders
of its intention to effect such a registration and shall afford the Holders the rights contained in Section 3 with respect to Piggyback Registrations. In the event that the Company so elects to effect a primary registration after receiving a
request for a Demand Registration, the Company shall use its best efforts to have the Registration Statement declared effective by the Commission as soon as reasonably practicable. In addition, the request for a Demand Registration shall be deemed
to have been withdrawn and such primary registration shall not be deemed to be a Demand Registration. 
  
 (h) Priority on Demand Registrations. If a Demand Registration is an underwritten offering and includes securities for sale by the Company, and the
managing underwriter (such underwriter to be chosen by Holders of a majority of the Registrable Securities included in such registration, subject to the Company’s reasonable approval) advises the Company, in writing, that, in its good faith
judgment, the number of securities requested to be included in such registration exceeds the number which can be sold in such offering without materially and adversely affecting the marketability of the offering, then the Company will include in any
such registration the maximum number of shares that the managing underwriter advises the Company can be sold in such offering allocated as follows: (i) first, the Registrable Securities requested to be included in such registration by the initiating
Holders and securities of other Holders of Registrable Securities, with such securities to be included on a pro rata basis (or in such other proportion mutually agreed among such Holders) based on the amount of securities requested to be included
therein and (ii) second, to the extent that any other securities may be included without exceeding the limitations recommended by the underwriter as aforesaid, the securities that the Company proposes to sell. If the initiating Holders are not
allowed to register all of the Registrable Securities requested to be included by such Holders because of allocations required by this section, such initiating Holders shall not be deemed to have exercised a Demand Registration for purposes of
Section 2(b). 
  
 Section 3. Piggyback
Registrations. 
  
 (a) Right to Piggyback
Registrations. Whenever the Company or another party having registration rights proposes that the Company register any of the Company’s equity securities under the Securities Act (other than a registration on Form S-4 relating solely to a
transaction described in Rule 145 of the Securities Act or a registration on Form S-8 or any successor forms thereto), whether or not for sale for the Company’s own account, the Company will give prompt written notice of such proposed filing to
all Holders at least 30 days before the anticipated filing date. Such notice shall offer such Holders the opportunity to register such amount of Registrable Securities as they shall request (a “Piggyback Registration”).
Subject to Section 3(b) hereof, the Company shall include in each such Piggyback Registration all Registrable Securities with respect to which the Company has received written requests for inclusion therein within 20 days after such notice
has been given by the Company to the Holders. If the Registration Statement relating to the Piggyback Registration is for an underwritten 
  

 5 

 offering, such Registrable Securities shall be included in the underwriting on the same terms and conditions as the
securities otherwise being sold through the underwriters. Each Holder shall be permitted to withdraw all or part of the Registrable Securities from a Piggyback Registration at any time prior to the effective time of such Piggyback Registration.

  
 (b) Priority on Piggyback Registrations. If a Piggyback
Registration is an underwritten offering by or through one or more underwriters of recognized standing and the managing underwriters advise the party or parties initiating such offering in writing (a copy of which writing shall be provided to the
Holders) that in their good faith judgment the number of securities requested to be included in such registration exceeds the number which can be sold in such offering without materially and adversely affecting the marketability of the offering,
then any such registration shall include the maximum number of shares that such managing underwriters advise can be sold in such offering allocated as follows: (i) first, the securities the party or parties initiating such offering propose to sell,
and (ii) second, to the extent that any other securities may be included without exceeding the limitations recommended by the underwriters as aforesaid, (x) if the Company has initiated such offering, the Registrable Securities to be included in
such registration by the Holders, with such additional securities to be included on a pro rata basis (or in such other proportion mutually agreed among the Holders and such other holders), based on the amount of Registrable Securities and other
securities requested to be included therein, and (y) if a party other than the Company initiated such offering (subject to Section 3(b)(i) above), securities proposed to be sold by the Company, and the Registrable Securities to be included in
such registration by the Holders, with such additional securities to be included on a pro rata basis (or in such other proportion mutually agreed among the Company, the Holders and such other holders), based on the amount of Registrable Securities
and other securities requested to be included therein. 
  
 Section
4. Obligations of the Company. 
  
 (a) Delay
Period. Notwithstanding the foregoing, the Company shall have the right to delay the filing of any Registration Statement otherwise required to be prepared and filed by the Company pursuant to Sections 2 or 3, or to suspend the use of any
Registration Statement, for a period not in excess of 60 consecutive calendar days (a “Delay Period”) if (i) the Board of Directors of the Company by written resolution determines that filing or maintaining the effectiveness
of such Registration Statement would have a material adverse effect on the Company or the holders of its capital stock in relation to any material acquisition or disposition, financing or other corporate transaction or (ii) the Board of Directors of
the Company by written resolution determines in good faith that the filing of a Registration Statement or maintaining the effectiveness of a current Registration Statement would require disclosure of material information that the Company has a valid
business purpose for retaining as confidential at such time. The Company shall not be entitled to exercise a Delay Period more than one time in any 12-month period. 
  

 6 

 (b) Registration Procedures. Whenever the Company is required to register Registrable Securities
pursuant to Sections 2 or 3 hereof, the Company will use its best efforts to effect the registration to permit the sale of such Registrable Securities in accordance with the intended method or methods of disposition thereof, and pursuant
thereto the Company will as expeditiously as possible: 
  
 (1)
prepare and file with the Commission a Registration Statement with respect to such Registrable Securities as prescribed by Sections 2 or 3 on a form available for the sale of the Registrable Securities by the holders thereof in accordance
with the intended method or methods of distribution thereof and use its best efforts to cause each such Registration Statement to become and remain effective within the time periods and otherwise as provided herein; 
  
 (2) prepare and file with the Commission such amendments (including
post-effective amendments) to the Registration Statement and such supplements to the Prospectus as may be necessary to keep such Registration Statement effective and to comply with the provisions of the Securities Act with respect to the disposition
of all securities covered by such Registration Statement until such time as all of such securities have been disposed of in accordance with the intended methods of disposition by the seller or sellers thereof set forth in such Registration
Statement; 
  
 (3) furnish to each selling Holder of Registrable
Securities covered by a Registration Statement and to each underwriter, if any, such number of copies of such Registration Statement, each amendment and post-effective amendment thereto, the Prospectus included in such Registration Statement
(including each preliminary prospectus and any supplement to such Prospectus and any other prospectus filed under Rule 424 of the Securities Act), in each case including all exhibits, and such other documents as such Holder may reasonably request in
order to facilitate the disposition of the Registrable Securities owned by such Holder or to be disposed of by such underwriter (the Company hereby consenting to the use in accordance with all applicable law of each such Registration Statement (or
amendment or post-effective amendment thereto) and each such Prospectus (or preliminary prospectus or supplement thereto) by each such Holder and the underwriters, if any, in connection with the offering and sale of the Registrable Securities
covered by such Registration Statement or Prospectus); 
  
 (4)
use its best efforts to register or qualify and, if applicable, to cooperate with the selling Holders, the underwriters, if any, and their respective counsel in connection with the registration or qualification (or exemption from such registration
or qualification) of, the Registrable Securities for offer and sale under the securities or blue sky laws of such jurisdictions as any selling Holder or managing underwriters (if any) shall reasonably request, to keep each such registration or
qualification (or exemption therefrom) effective during the period such Registration Statement is required to be kept effective and to do any and all other acts or things necessary or advisable to enable the disposition in such jurisdictions of the
securities covered by the applicable Registration Statement; provided, that, the Company will not be required to (i) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this paragraph or
(ii) consent to general service of process or taxation in any such jurisdiction where it is not so subject; 
  
 (5) cause all such Registrable Securities to be listed or quoted (as the case may be) on each national securities exchange or other securities market on
which securities of the same class as the Registrable Securities are then listed or quoted; 
  

 7 

 (6) provide a transfer agent and registrar for all such Registrable Securities and a CUSIP number for
all such Registrable Securities not later than the effective date of such Registration Statement; 
  
 (7) comply with all applicable rules and regulations of the Commission, and make available to its security holders an earnings statement satisfying the
provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar rule promulgated under the Securities Act) no later than 45 days after the end of any 12-month period (or 90 days after the end of any 12-month period if such
period is a fiscal year) (or in each case within such extended period of time as may be permitted by the Commission for filing the applicable report with the Commission) (i) commencing at the end of any fiscal quarter in which Registrable Securities
are sold to underwriters in an underwritten offering or (ii) if not sold to underwriters in such an offering, commencing on the first day of the first fiscal quarter of the Company after the effective date of a Registration Statement; 
  
 (8) use its best efforts to prevent the issuance of any order suspending the
effectiveness of a Registration Statement or suspending the qualification (or exemption from qualification) of any of the Registrable Securities included therein for sale in any jurisdiction, and, in the event of the issuance of any stop order
suspending the effectiveness of a Registration Statement, or of any order suspending the qualification of any Registrable Securities included in such Registration Statement for sale in any jurisdiction, the Company will use its best efforts promptly
to obtain the withdrawal of such order at the earliest possible moment; 
  
 (9) obtain “cold comfort” letters and updates thereof (which letters and updates (in form, scope and substance) shall be reasonably satisfactory to the managing underwriters, if any, and the Holders) from
the independent certified public accountants of the Company (and, if necessary, any other independent certified public accountants of any subsidiary of the Company or of any business acquired by the Company for which financial statements and
financial data are, or are required to be, included in the Registration Statement), addressed to each of the underwriters, if any, and each selling Holder of Registrable Securities, such letters to be in customary form and covering matters of the
type customarily covered in “cold comfort” letters in connection with underwritten offerings and such other matters as the underwriters, if any, or the Holders of a majority of the Registrable Securities being included in the registration
may reasonably request; 
  
 (10) obtain opinions of independent
counsel to the Company and updates thereof (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the managing underwriters, if any, and the Holders of a majority of the Registrable Securities being included
in the registration), addressed to each selling Holder and each of the underwriters, if any, covering the matters customarily covered in opinions of issuer’s counsel requested in underwritten offerings, such as the effectiveness of the
Registration Statement and such other matters as may be requested by such counsel and underwriters, if any; 
  
 (11) promptly notify the selling Holders and the managing underwriters, if any, and confirm such notice in writing, when a Prospectus or any supplement
or post-effective amendment to such Prospectus has been filed, and, with respect to a Registration Statement or any post-effective amendment thereto, when the same has become effective, of any 
  

 8 

 request by the Commission or any other federal or state governmental authority for amendments or supplements to a
Registration Statement or related Prospectus or for additional information, of the issuance by the Commission of any stop order suspending the effectiveness of a Registration Statement or of any order preventing or suspending the use of any
Prospectus or the initiation of any proceedings by any Person for that purpose, of the receipt by the Company of any notification with respect to the suspension of the qualification or exemption from qualification of a Registration Statement or any
of the Registrable Securities for offer or sale under the securities or blue sky laws of any jurisdiction, or the contemplation, initiation or threatening, of any proceeding for such purpose, and of the happening of any event or the existence of any
facts that make any statement made in such Registration Statement or Prospectus untrue in any material respect or that require the making of any changes in such Registration Statement or Prospectus so that it will not contain any untrue statement of
a material fact or omit to state any material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made (in the case of any Prospectus), not misleading (which notice
shall be accompanied by an instruction to the selling Holders and the managing underwriters, if any, to suspend the use of the Prospectus until the requisite changes have been made); 
  
 (12) if requested by the managing underwriters, if any, or a Holder of Registrable Securities being sold, promptly
incorporate in a prospectus, supplement or post-effective amendment such information as the managing underwriters, if any, and the Holders of a majority of the Registrable Securities being sold reasonably request to be included therein relating to
the sale of the Registrable Securities, including, without limitation, information with respect to the number of shares of Registrable Securities being sold to underwriters, the purchase price being paid therefor by such underwriters and with
respect to any other terms of the underwritten offering of the Registrable Securities to be sold in such offering, and make all required filings of such prospectus, supplement or post-effective amendment promptly following notification of the
matters to be incorporated in such supplement or post-effective amendment; 
  
 (13) if requested, furnish to each selling Holder of Registrable Securities and the managing underwriter, without charge, at least one signed copy of the Registration Statement; 
  
 (14) as promptly as practicable upon the occurrence of any event
contemplated by Section 4(b)(11) above, prepare a supplement or post-effective amendment to the Registration Statement or the Prospectus, or any document incorporated therein by reference, or file any other required document so that, as
thereafter delivered to the purchasers of the Registrable Securities being sold hereunder, the Prospectus will not contain an untrue statement of a material fact or an omission to state a material fact required to be stated in a Registration
Statement or Prospectus or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; and 
  
 (15) if such offering is an underwritten offering, enter into such agreements (including an underwriting agreement in form, scope and substance as is
customary in underwritten offerings) and take all such other appropriate and reasonable actions requested by the Holders owning a majority of the Registrable Securities being sold in connection therewith or by the managing underwriters (including
cooperating in reasonable marketing efforts, including 
  

 9 

 in connection with any Demand Registration, participation by senior executives of the Company in any “roadshow”
or similar meeting with potential investors) in order to expedite or facilitate the disposition of such Registrable Securities, and in such connection, provide indemnification provisions and procedures substantially to the effect set forth in
Section 6 hereof with respect to all parties to be indemnified pursuant to said Section. The above shall be done at each closing under such underwriting or similar agreement, or as and to the extent required thereunder. 
  
 Each Holder agrees by acquisition of such Registrable Securities that, upon
receipt of written notice from the Company of the happening of any event of the kind described in Section 4(b)(11), such Holder will forthwith discontinue disposition of such Registrable Securities covered by such Registration Statement until
such Holder’s receipt of the copies of the supplemented or amended Registration Statement contemplated by Section 4(b)(14), or until it is advised in writing by the Company that the use of the applicable Prospectus may be resumed, and
has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such prospectus (such period during which disposition is discontinued being an “Interruption
Period”), and, if so directed by the Company, such Holder will deliver to the Company all copies of the Prospectus covering such Registrable Securities current at the time of receipt of such notice. 
  
 Section 5. Registration Expenses. 
  
 (a) Expenses Payable by the Company. The Company shall bear all
expenses incurred with respect to the registration or attempted registration of the Registrable Securities pursuant to Sections 2 or 3 of this Agreement as provided herein. Such expenses shall include, without limitation, (i) all
registration, qualification and filing fees (including, without limitation, (A) fees with respect to compliance with the Commission, (B) fees with respect to filings required to be made with the national securities exchange or national market system
on which the Common Stock is then traded or quoted and (C) fees and expenses of compliance with state securities or blue sky laws (including, without limitation, fees and disbursements of counsel for the Company or the underwriters, or both, in
connection with blue sky qualifications of Registrable Securities)), (ii) messenger and delivery expenses, word processing, duplicating and printing expenses (including without limitation, expenses of printing certificates for Registrable Securities
in a form eligible for deposit with The Depository Trust Company, printing preliminary prospectuses, prospectuses, prospectus supplements, including those delivered to or for the account of the Holders and provided in this Agreement, and blue sky
memoranda), (iii) fees and disbursements of counsel for the Company, (iv) fees and disbursements of all independent certificated public accountants for the Company (including, without limitation, the expense of any “comfort letters”
required by or incident to such performance), (v) all out-of-pocket expenses of the Company (including without limitation, expenses incurred by the Company, its officers, directors, and employees performing legal or accounting duties or preparing or
participating in “roadshow” presentations or of any public relations, investor relations or other consultants or advisors retained by the Company in connection with any roadshow, including travel and lodging expenses of such roadshows),
(vi) fees and expenses incurred in connection with the quotation or listing of shares of Common Stock on any national securities exchange or other securities market, and (vii) reasonable fees and expenses of one firm of counsel for all selling
Holders (which shall be chosen by the Holders of a majority of Registrable Securities to be included in such offering). 
  

 10 

 (b) Expenses Payable by the Holders. Each Holder shall pay all underwriting discounts and
commissions or placement fees of underwriters or broker’s commissions incurred in connection with the sale or other disposition of Registrable Securities for or on behalf of such Holder’s account. 
  
 Section 6. Indemnification. 
  
 (a) Indemnification by the Company. The Company agrees to indemnify,
to the fullest extent permitted by law, each Holder, each affiliate of a Holder and each director, officer, employee, manager, stockholder, partner, member, counsel, agent or representative of such Holder and its affiliates and each Person who
controls any such Person (within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act) (collectively, “Holder Indemnified Parties”) against, and hold it and them harmless from, all losses,
claims, damages, liabilities, actions, proceedings, costs (including, without limitation, costs of preparation and attorneys’ fees and disbursements) and expenses, including expenses of investigation and amounts paid in settlement
(collectively, “Losses”) arising out of, caused by or based upon any untrue or alleged untrue statement of material fact contained in any Registration Statement, or any omission or alleged omission of a material fact required
to be stated therein or necessary to make the statements therein not misleading (a “Misstatement/Omission”), or any violation or alleged violation by the Company of the Securities Act, the Exchange Act, any state securities
law, or any rule or regulation promulgated under the Securities Act, the Exchange Act or any state securities law, except that the Company shall not be liable insofar as such Misstatement/Omission or violation is made in reliance upon and in
conformity with information furnished in writing to the Company by such Holder expressly for use therein; provided, further, that the Company shall not be liable for a Holder’s failure to deliver or cause to be delivered (to the extent such
delivery is required under the Securities Act) the Prospectus contained in the Registration Statement, furnished to it by the Company on a timely basis at or prior to the time such action is required by the Securities Act to the person claiming a
Misstatement/Omission if such Misstatement/Omission was corrected in such Prospectus. In connection with an underwritten offering, the Company will indemnify such underwriters, selling brokers, dealer managers and similar securities industry
professionals participating in the distribution, their officers and directors and each Person who controls such underwriters (within the meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act) to the same extent as
provided above with respect to the indemnification of the Holders. This indemnity shall be in addition to any other indemnification arrangements to which the Company may otherwise be party. 
  
 (b) Indemnification by the Holders. In connection with any
Registration Statement in which a Holder is participating, each such Holder agrees to indemnify, to the fullest extent permitted by law, the Company and each director and officer of the Company and each Person who controls the Company (within the
meaning of either Section 15 of the Securities Act or Section 20 of the Exchange Act) against, and hold it harmless from, any Losses arising out of or based upon (i) any Misstatement/Omission contained in the Registration Statement, if and to the
extent that such Misstatement/Omission was made in reliance upon and in conformity with information furnished in writing by such Holder for use therein, or (ii) the failure by such Holder to deliver or cause to be delivered (to the extent such
delivery is required under the Securities Act) the Prospectus contained in the Registration Statement, furnished to it by the Company on a 
  

 11 

 timely basis at or prior to the time such action is required by the Securities Act to the person claiming a
Misstatement/Omission if such Misstatement/Omission was corrected in such Prospectus. Notwithstanding the foregoing, the obligation to indemnify will be individual (several and not joint) to each Holder and will be limited to the net amount of
proceeds (net of payment of all expenses) received by such Holder from the sale of Registrable Securities pursuant to such Registration Statement giving rise to such indemnification obligation. 
  
 (c) Conduct of Indemnification Proceedings. In case any action, claim
or proceeding shall be brought against any Person entitled to indemnification hereunder, such indemnified party shall promptly notify each indemnifying party in writing, and such indemnifying party shall assume the defense thereof, including the
employment of one counsel reasonably satisfactory to such indemnified party and payment of all fees and expenses incurred in connection with the defense thereof. The failure to so notify such indemnifying party shall relieve such indemnifying party
of its indemnification obligations to such indemnified party to the extent that such failure to notify materially prejudiced such indemnifying party but not from any liability that it or they may have to the indemnified party for contribution or
otherwise. Each indemnified party shall have the right to employ separate counsel in such action, claim or proceeding and participate in the defense thereof, but the fees and expenses of such counsel shall be at the expense of each indemnified party
unless: (i) such indemnifying party has agreed to pay such expenses; (ii) such indemnifying party has failed promptly to assume the defense and employ counsel reasonably satisfactory to such indemnified party; or (iii) the named parties to any such
action, claim or proceeding (including any impleaded parties) include both such indemnified party and such indemnifying party or an affiliate or controlling person of such indemnifying party, and such indemnified party shall have been advised in
writing by counsel that either (x) there may be one or more legal defenses available to it which are different from or in addition to those available to such indemnifying party or such affiliate or controlling person or (y) a conflict of interest
may exist if such counsel represents such indemnified party and such indemnifying party or its affiliate or controlling person; provided, however, that such indemnifying party shall not, in connection with any one such action or proceeding or
separate but substantially similar or related actions or proceedings in the same jurisdiction arising out of the same general allegations or circumstances, be responsible hereunder for the fees and expenses of more than one separate firm of
attorneys (in addition to any local counsel), which counsel shall be designated by such indemnified party or, in the event that such indemnified party is a Holder Indemnified Party, by the Holders of a majority of the Registrable Securities included
in the subject Registration Statement. 
  
 No indemnifying party
shall be liable for any settlement effected without its written consent (which consent may not be unreasonably delayed or withheld). Each indemnifying party agrees that it will not, without the indemnified party’s prior written consent, consent
to entry of any judgment or settle or compromise any pending or threatened claim, action or proceeding in respect of which indemnification or contribution may be sought hereunder unless the foregoing contains an unconditional release, in form and
substance reasonably satisfactory to the indemnified parties, of the indemnified parties from all liability and obligation arising therefrom. The indemnifying party’s liability to any such indemnified party hereunder shall not be extinguished
solely because any other indemnified party is not entitled to indemnity hereunder. 
  

 12 

 (d) Survival. The indemnification provided for under this Agreement will (i) remain in full force
and effect regardless of any investigation made by or on behalf of the indemnified party or any officer, director or controlling Person of such indemnified party, (ii) survive the transfer of securities and (iii) survive the termination of this
Agreement. 
  
 (e) Right to Contribution. If the
indemnification provided for in this Section 6 is unavailable to, or insufficient to hold harmless, an indemnified party under Section 6(a) or Section 6(b) above in respect of any Losses referred to in such Sections, then each
applicable indemnifying party shall have an obligation to contribute to the amount paid or payable by such indemnified party as a result of such Losses in such proportion as is appropriate to reflect the relative fault of the Company, on the one
hand, and of the Holder, on the other, in connection with the Misstatement/Omission or violation which resulted in such Losses, taking into account any other relevant equitable considerations. The amount paid or payable by a party as a result of the
Losses referred to above shall be deemed to include, subject to the limitations set forth in Section 6(c) above, any legal or other fees or expenses reasonably incurred by such party in connection with any investigation, lawsuit or legal or
administrative action or proceeding. 
  
 The relative fault of the
Company, on the one hand, and of the Holder, on the other, shall be determined by reference to, among other things, whether the relevant Misstatement/Omission or violation relates to information supplied by the Company or by the Holder and the
parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such Misstatement/Omission or violation. 
  
 The Company and each Holder agree that it would not be just and equitable if contribution pursuant to this Section 6(e) were determined by pro rata
allocation or by any other method of allocation which does not take account of the equitable considerations referred to above. Notwithstanding the provisions of this Section 6(e), a Holder shall not be required to contribute any amount in
excess of the amount by which (i) the amount (net of payment of all expenses) at which the securities that were sold by such Holder and distributed to the public were offered to the public exceeds (ii) the amount of any damages which such Holder has
otherwise been required to pay by reason of such Misstatement/Omission or violation. 
  
 No Person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation.

  
 Section 7. Rules 144 and 144A. 
  
 The Company shall timely file the reports required to be filed by it under
the Securities Act and the Exchange Act (including but not limited to the reports under Sections 13 and 15(d) of the Exchange Act referred to in subparagraph (c) of Rule 144 adopted by the Commission under the Securities Act) and the rules and
regulations adopted by the Commission thereunder (or, if the Company is not required to file such reports, it will, upon the request of any Holder, make publicly available other information) and will take such further action as any Holder may
reasonably request, all to the extent required from time to time to enable such Holder to sell Registrable Securities without registration under the Securities Act within the limitation of the exemptions provided by (a) Rule 144 and Rule 144A under
the Securities Act, as such Rules may be amended from time to time, or (b) any similar rule or regulation hereafter adopted by the Commission. 
  

 13 

 Section 8. Underwritten Registrations. 
  
 (a) No Person may participate in any registration hereunder which is
underwritten unless such Person (i) agrees to sell such Person’s securities on the basis provided in any underwriting arrangements approved by the Person or Persons entitled hereunder to approve such arrangements and (ii) completes and executes
all questionnaires, powers of attorney, customary indemnities, underwriting agreements and other documents required under the terms of such underwriting arrangements; provided, that, no Holder included in any underwritten registration shall be
required to make any representations or warranties to the Company or the underwriters other than representations and warranties regarding such Holder and such Holder’s intended method of distribution. 
  
 (b) If any of the Registrable Securities covered by any Registration
Statement are to be sold in an underwritten offering, the investment banker or investment bankers and manager or managers that will manage the offering will be selected by, and the underwriting arrangements with respect thereto will be approved by,
the Company; provided, however, that such investment bankers and managers and underwriting arrangements must be reasonably satisfactory to the Holders of the majority of Registrable Securities to be included in such offering. 
  
 Section 9. Covenants of Holders. 
  
 Each of the Holders hereby agrees (a) to cooperate with the Company and to
furnish to the Company all such information regarding such Holder, its ownership of Registrable Securities and the disposition of such securities in connection with the preparation of the Registration Statement and any filings with any state
securities commissions as the Company may reasonably request, (b) to the extent required by the Securities Act, to deliver or cause delivery of the Prospectus contained in the Registration Statement, any amendment or supplement thereto, to any
purchaser of the Registrable Securities covered by the Registration Statement from the Holder and (c) if requested by the Company, to notify the Company of any sale of Registrable Securities by such Holder. 
  
 Section 10. Miscellaneous. 
  
 (a) No Inconsistent Agreements. The Company will not hereafter enter
into any agreement with respect to its securities that is inconsistent with, adversely effects or violates the rights granted to the Holders in this Agreement; it being understood that the granting of additional demand or piggyback registration
rights with respect to capital stock of the Company shall not be deemed adverse to the rights granted to Holders hereunder so long as they do not (x) reduce the amount of Registrable Securities that any Holder may include in any registration
contemplated in this Agreement or (y) restrict or otherwise limit the exercise by any Holder of its rights hereunder. 
  

 14 

 (b) Remedies. Any Person having rights under any provision of this Agreement will be entitled to
enforce such rights specifically to recover damages caused by reason of any breach of any provision of this Agreement and to exercise all other rights granted by law. The parties hereto agree and acknowledge that money damages may not be an adequate
remedy for any breach of the provisions of this Agreement and hereby agree to waive the defense in any action for specific performance or injunctive relief that a remedy at law would be adequate. Accordingly, any party may in its sole discretion
apply to any court of law or equity of competent jurisdiction (without posting any bond or other security) for specific performance and for other injunctive relief in order to enforce or prevent violation of the provisions of this Agreement.

  
 (c) Amendments and Waivers. Except as otherwise
provided herein, the provisions of this Agreement, including the provisions of this sentence, may be amended, modified, supplemented or waived only upon the prior written consent of the Company and Holders of a majority of the outstanding
Registrable Securities. 
  
 (d) Successors and Assigns.
This Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. The Holders may assign all rights under this agreement; provided, however, that no Holder may transfer or assign its
rights hereunder unless such transferring Holder shall, prior to any such transfer, obtain from the transferee a joinder agreement in a form reasonably satisfactory to the Company and deliver a copy of such joinder agreement to the Company and to
the Holders. Only persons (other than the initial Stockholder hereto) that execute a joinder agreement shall be deemed to be Holders (“Permitted Transferee”). The Company shall be given written notice by the transferring
Holder at the time of the transfer stating the name and address of the transferee and identifying the Registrable Securities transferred, provided, that, failure to give such notice shall not affect the validity of such transfer or assignment.

  
 (e) Termination of Registration Rights. The rights of
any Holder to cause the Company to register Registrable Securities under this Agreement shall terminate with respect to such Holder as soon as such Holder is legally able to dispose of all of its Registrable Securities in one transaction pursuant to
Rule 144 under the Securities Act. 
  
 (f) Severability. In
the event that any one or more of the provisions contained herein, or the application thereof in any circumstances, is held invalid, illegal or unenforceable in any respect for any reason, the validity, legality and enforceability of any such
provision in every other respect and of the remaining provisions hereof shall not be in any way impaired or affected, it being intended that the rights and privileges of the parties hereto shall be enforceable to the fullest extent permitted by law.

  
 (g) Counterparts. This Agreement may be executed in any
number of counterparts, any one of which need not contain the signatures of more than one party, but each of which when so executed shall be deemed to be an original and all such counterparts taken together shall constitute one and the same
Agreement. 
  
 (h) Descriptive Headings: Interpretation.
The descriptive headings of this Agreement are inserted for convenience of reference only and shall not limit or otherwise affect the meaning hereof. The use of the word “including” in this Agreement shall be by way of example rather than
by limitation. 
  

 15 

 (i) Notices. All notices, requests and other communications provided for or permitted to be given
under this Agreement must be in writing and shall be given by personal delivery, by certified or registered United States mail (postage prepaid, return receipt requested), by a nationally recognized overnight delivery service for next day delivery,
or by facsimile transmission, as follows (or to such other address as any party may give in a notice given in accordance with the provisions hereof): 
  
 If to the Company: 
  
 Bronco Drilling Company, Inc. 
 14313 North May Avenue 
 Suite 100 
 Oklahoma City, OK 73134 
 Attention: Chief Executive Officer 
 Facsimile: (405) 848-8816 
  
 with a copy (which shall not constitute notice) to: 
  
 Akin Gump Strauss Hauer & Feld LLP 
 1700 Pacific Avenue 
 Suite 4100 
 Dallas, TX 75201 
 Attention: Seth R. Molay, P.C. 
 Facsimile: (214) 969-4343 
  
 If
to the Stockholder: 
  
 Wexford Capital LLC

 411 West Putnam Avenue 
 Greenwich, CT 06830 
 Attention: Arthur Amron 
 Facsimile: (203) 862-7312 
  
 All notices, requests or other communications will be effective and deemed given only as follows: (i) if given by personal delivery, upon such personal delivery, (ii) if
sent by certified or registered mail, on the fifth business day after being deposited in the United States mail, (iii) if sent for next day delivery by overnight delivery service, on the date of delivery as confirmed by written confirmation of
delivery, (iv) if sent by facsimile, upon the transmitter’s confirmation of receipt of such facsimile transmission, except that if such confirmation is received after 5:00 p.m. (in the recipient’s time zone) on a business day, or is
received on a day that is not a business day, then such notice, request or communication will not be deemed effective or given until the next succeeding business day. Notices, requests and other communications sent in any other manner, including by
electronic mail, will not be effective. 
  

 16 

 (j) GOVERNING LAW; SUBMISSION TO JURISDICTION. THIS AGREEMENT SHALL BE DEEMED TO BE MADE IN AND IN
ALL RESPECTS SHALL BE INTERPRETED, CONSTRUED AND GOVERNED BY AND IN ACCORDANCE WITH THE LAW OF THE STATE OF DELAWARE WITHOUT REGARD TO THE CONFLICT OF LAW PRINCIPLES THEREOF. The parties hereby irrevocably submit to the jurisdiction of any federal
court located in the State of Delaware or any Delaware state court solely in respect of the interpretation and enforcement of the provisions of this Agreement and of the documents referred to in this Agreement, and in respect of the transactions
contemplated hereby, and hereby waive, and agree not to assert, as a defense in any action, suit or proceeding for the interpretation or enforcement hereof or of any such document, that it is not subject thereto or that such action, suit or
proceeding may not be brought or is not maintainable in said courts or that the venue thereof may not be appropriate or that this Agreement or any such document may not be enforced in or by such courts, and the parties hereto irrevocably agree that
all claims with respect to such action or proceeding shall be heard and determined in such a Delaware state or federal court. The parties hereby consent to and grant any such court jurisdiction over the person of such parties and over the subject
matter of such dispute and agree that mailing of process or other papers in connection with any such action or proceeding in the manner provided in the Section on notices above or in such other manner as may be permitted by law shall be valid and
sufficient service thereof. 
  
 EACH PARTY ACKNOWLEDGES AND AGREES
THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT
OF ANY LITIGATION DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT, OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS
REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (II) EACH PARTY UNDERSTANDS AND HAS CONSIDERED THE IMPLICATIONS OF THIS WAIVER, (III) EACH PARTY MAKES THIS
WAIVER VOLUNTARILY, AND (IV) EACH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION. 
  
 (k) Entire Agreement. This Agreement is intended by the parties as a final expression of their agreement and intended
to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein. This Agreement supersedes all prior agreements and understandings between the parties with respect
to such subject matter. 
  
 [Signature Page Follows]

  

 17 

 IN WITNESS WHEREOF the parties hereto have or have caused this Registration Rights Agreement to be duly
executed as of the date first above written 
  

					
	THE COMPANY:
	
	 BRONCO DRILLING COMPANY, INC.

		
	 By:
	 	  

	 	 	 D. Frank Harrison

	 	 	 Chief Executive Officer

	
	THE STOCKHOLDER:
	
	 BRONCO DRILLING HOLDINGS, L.L.C.

		
	 By:
	 	 WEXFORD CAPITAL, LLC

	 	 	 its Manager

			
	 	 	 By:
	 	  

	 	 	 Name:
	 	  

	 	 	 Title:

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