Document:

EX-10.2

 Exhibit 10.2 

EXECUTION VERSION 
  

 
  

 
 

 
 LIMITED WAIVER AND TWELFTH
AMENDMENT 
 TO 

CREDIT AGREEMENT 

dated as of November 1, 2016 

among 
 Memorial
Production Operating LLC, 
 as Borrower, 

The Guarantors Party Hereto, 

Wells Fargo Bank, National Association, 

as Administrative Agent, 

JPMorgan Chase Bank, N.A., 

as Syndication Agent, 

Royal Bank of Canada, Citizens Bank, N.A., MUFG Union Bank, N.A. f/k/a Union Bank, N.A., 

and 
 Comerica Bank,

 as Co-Documentation Agents, 

and 
 The Lenders Party
Hereto 
  
  

Wells Fargo Securities, LLC and J.P. Morgan Securities LLC 

Co-Lead Arrangers and Joint Bookrunners 
  

 
  

  
 1 

 LIMITED WAIVER AND TWELFTH
AMENDMENT TO CREDIT AGREEMENT 
 This
Limited Waiver and Twelfth Amendment to Credit Agreement (this “Waiver”), dated as of November 1, 2016 (the “Waiver Effective Date”), is among Memorial Production Operating LLC, a limited liability company
formed under the laws of the State of Delaware (the “Borrower”); Memorial Production Partners LP, a limited partnership formed under the laws of the State of Delaware (the “Parent”); each of the other undersigned
guarantors (together with the Borrower and the Parent, collectively, the “Loan Parties”); each of the Lenders that is a signatory hereto (each, a “Consenting Lender” and, collectively, the “Consenting
Lenders”); and Wells Fargo Bank, National Association, as administrative agent for the Lenders (in such capacity, together with its successors, the “Administrative Agent”). 

Recitals 

A. The Borrower, the Parent, the Administrative Agent and the Lenders are parties to that certain Credit Agreement dated as of
December 14, 2011 (as amended, restated, amended and restated supplemented or otherwise modified from time to time, the “Credit Agreement”), pursuant to which the Lenders have, subject to the terms and conditions set forth
therein, made certain credit available to, and on behalf of, the Borrower. 
 B. Pursuant to the terms and provisions of the
Parent’s 7 5/8% Senior Notes due 2021 (such Senior Notes, the “2021 Notes”), the Parent and Memorial Production Finance Corporation (collectively, the “Issuers”) are obligated to pay interest semi-annually on
May 1 and November 1 of each year (the payment due November 1, 2016, the “November 2016 Interest Payment”). 

C. In the event the Issuers fail to make the November 2016 Interest Payment, such failure shall result in an automatic Event
of Default under Section 10.01(f) of the Credit Agreement and a Default under Section 10.01(e) and Section 10.01(g)(ii) of the Credit Agreement (such prospective Event of Default and prospective Default are referred to herein,
collectively, as the “Prospective Defaults”). 
 D. The Borrower requests that the Lenders waive the
Prospective Defaults. 
 E. NOW, THEREFORE, in consideration of the premises and the mutual covenants herein contained, for
good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 

Section 1. Defined Terms. Each capitalized term which is defined in the Credit Agreement, but which is not defined
in this Waiver, shall have the meaning ascribed such term in the Credit Agreement, as amended hereby. Unless otherwise indicated, all section references in this Waiver refer to the Credit Agreement. 

Section 2. Limited Waiver. In reliance on the representations, warranties, covenants and agreements contained in
this Waiver, and subject to the satisfaction of the conditions precedent set forth in Section 5 hereof, effective as of the Waiver Effective Date, each of the Administrative Agent, the Issuing Bank and the Consenting Lenders, for itself
and the other Secured Parties, hereby waives the Prospective Defaults (such waiver, the “Limited Waiver”) until the Waiver Period (as defined below) ends in accordance with the terms hereof. 

  
 2 

 Section 3. Covenants of the Borrower and the other Loan Parties.
Notwithstanding anything to the contrary contained in the Credit Agreement, during the period commencing on the Waiver Effective Date and ending on November 30, 2016 at 5:00 pm, New York City time (such period, the “Waiver
Period”), the Borrower and each Loan Party covenants and agrees with the Lenders that: 
 (a) Mandatory
Prepayment. If any Loan Party receives any net cash proceeds (1) during the Waiver Period or (2) in connection with any Disposition (as defined below) entered into, committed to or consummated prior to or during the Waiver Period, in
each case, from (i) any sale or other disposition of any of its notes receivable or accounts receivable made in accordance with Section 9.10 of the Credit Agreement, (ii) the consummation, whether in a single transaction or a series
of transactions, of any sale, assignment, farm-out, conveyance or other transfer of any Property made in accordance with Section 9.12 of the Credit Agreement (other than to the extent permitted by clause (a) of Section 9.12 of the
Credit Agreement) or (iii) any Swap Liquidation in respect of commodities made in accordance with clause (d) of Section 9.18 of the Credit Agreement (other than any Swap Liquidation (including in respect of the Liquidation of any
transaction thereunder) of the Swap Agreement between the Borrower and Shell Trading Risk Management LLC) (the transactions contemplated by the foregoing clauses (i), (ii) and (iii), “Dispositions”), in each case, the Borrower
shall (x) prepay, without duplication of any other prepayment required under the Credit Agreement (including in connection with any Borrowing Base Deficiency), an aggregate principal amount of outstanding Borrowings equal to 100% of such net
cash proceeds immediately upon any Loan Party’s receipt of such net cash proceeds and (y) reduce the Aggregate Elected Commitment Amounts (ratably among the Lenders in accordance with each Lender’s Applicable Percentage) by the amount
of such prepayment; provided, that the foregoing shall not require any prepayment in connection with a Swap Liquidation to the extent that upon any such Liquidation, the Liquidated Swap Agreement (or transaction thereunder) is replaced, in a
substantially contemporaneous transaction, with one or more Swap Agreements or transactions with approximately the same mark-to-market value and without the receipt by any Loan Party of any net cash proceeds as a result thereof. Notwithstanding
anything to the contrary in Sections 9.10, 9.12 or 9.18 of the Credit Agreement to the contrary, the Loan Parties agree that 100% of the aggregate consideration received in respect of any sale, disposition or Swap Liquidation permitted by such
Sections shall consist of cash or Cash Equivalents. For the avoidance of doubt, prepayment obligations arising under this clause (a) shall survive in respect of any Disposition committed to or consummated during the Waiver Period for which the
net cash proceeds in respect thereof are not received until after the expiration of the Waiver Period. 
 (b) Information.
The Parent will deliver to the Administrative Agent and each Lender, no later than 5:00 p.m., New York City time, on each Wednesday (i) commencing November 9, 2016, a report showing actual receipts and disbursements through Friday of the
prior week, and a reconciliation of actual expenditures and disbursements with those set forth in the Budget (as defined below), on a line by line basis showing any variance to the proposed corresponding line item of the 13-week cash flow forecast
delivered to the Administrative Agent on the Waiver Effective Date (the “Budget”), which report and reconciliation shall be in form and substance reasonably satisfactory to the Administrative Agent, (ii) commencing
November 9, 2016, an updated rolling 13-week cash flow forecast of the Parent and its Subsidiaries substantially in the same form as the Budget, (iii) commencing November 2, 2016, a report showing the aging of accounts payable and
accounts receivable through Friday of the prior week and (iv) commencing November 2, 2016, a report showing the cash balance as of the prior Friday in each deposit account, securities account and commodity account held by each Loan Party
and each Subsidiary of a Loan Party. 

  
 3 

 (c) Debt. No Loan Party will incur, create, assume or suffer to exist any Debt
other than to the extent permitted by clauses (a), (b), (d) (so long as the Administrative Agent receives prior written notice if any such Debt exceeds $250,000 individually or $1,000,000 in the aggregate during the Waiver Period), (e),
(f) (solely in respect of interest accrued in respect of Permitted Senior Unsecured Notes issued as of the date hereof and any guarantees in respect thereof (including any guarantees of obligations that are increased as a result of such accrued
interest) in existence on the Waiver Effective Date), and (h) of Section 9.02 of the Credit Agreement. For clarification purposes, the foregoing shall not prohibit any Debt incurred, created, assumed or in existence prior to the Waiver
Effective Date. 
 (d) Liens. No Loan Party will create, incur, assume or permit any Liens on any of their respective
Properties (now owned or hereafter acquired) other than to the extent permitted by clauses (a) and (b) of Section 9.03 of the Credit Agreement. For clarification purposes, the foregoing shall not prohibit any Liens created, incurred,
assumed or in existence prior to the Waiver Effective Date. 
 (e) Dividends, Distributions and Repayment of Permitted
Additional Debt. 
 (i) No Loan Party will declare or make, or agree to pay or make, directly or indirectly, any Restricted
Payments, return any capital to its stockholders or make any distribution of its Property to its Equity Interest holders other than to the extent permitted by subclause Section 9.04(a)(ii) of the Credit Agreement. 

(ii) No Loan Party will call, make or offer to make any optional or voluntary Redemption of or otherwise optionally or
voluntarily Redeem (whether in whole or in part) any Debt. 
 (f) Investments and Loans. No Loan Party will make or permit
to remain outstanding any Investments in or to any Person or any loans made between the Parent and Borrower or any intercompany loans other than to the extent permitted by clauses (b), (c), (d), (e), (f), (g)(i), (g)(ii) and (g)(iv) (solely in
respect of cash collateral in an aggregate amount not to exceed $600,000 released in connection with any surety or bond arrangements in existence on the Waiver Effective Date and deposited into an account held by MEMP S-1, Inc. or MEMP S-2, Inc.) of
Section 9.05 of the Credit Agreement. For clarification purposes, the foregoing shall not prohibit any Investments made prior to the Waiver Effective Date. 

(g) Limitation on Leases. No Loan Party will create, incur or assume any obligation for the payment of rent or hire Property
of any kind whatsoever (real or personal but excluding (i) Capital Leases in existence on the Waiver Effective Date to the extent such Capital Leases do not go beyond the value and terms of the leased property, (ii) leases of Hydrocarbon
Interests in the ordinary course of business and (iii) any lease entered into with the Port of Long Beach or entered into in respect of the current company headquarters, in each case, in the ordinary course of business) under leases or lease
agreements. For clarification purposes, the foregoing shall not prohibit any such obligation created, incurred or assumed prior to the Waiver Effective Date. 

(h) Mergers, Etc. No Loan Party will merge into or with or consolidate with any other Person, or permit any other Person to
merge into or consolidate with it, other than the merger or consolidation of any Loan Party or non-Loan Party into a Loan Party so long as (i) no Default has occurred and is continuing and (ii) the Loan Party is the surviving Person (or,
in the case of any 

  
 4 

 
merger or consolidation involving the Borrower, the Borrower is the surviving Person); provided, that the Borrower shall give prior written notice to the Administrative Agent of any such
merger or consolidation. 
 (i) Sale and Leasebacks. No Loan Party will enter into any sale and leaseback any Property. 

(j) Transactions with Affiliates. No Loan Party will enter into any transaction, including without limitation, any purchase,
sale, lease or exchange of Property or the rendering of any service, with any Affiliate (other than the Loan Parties) other than (i) to the extent permitted by clauses (a) (to the extent approved by the board of directors (or comparable
governing body) of the General Partner) and in effect on the Waiver Effective Date) and (b) (in the case of compensation arrangements for directors and officers, to the extent approved by the board of directors (or comparable governing body) of
the General Partner) and in effect on the Waiver Effective Date) of Section 9.14 of the Credit Agreement and (ii) in connection with any “key employee retention plan” or any “key employee incentive program” (to the
extent approved by the board of directors (or comparable governing body) of the General Partner) and in effect on the Waiver Effective Date). 

(k) Subsidiaries. No Loan Party will create or acquire any additional subsidiary other than to the extent permitted by
Section 9.15 of the Credit Agreement and shall give prior written notice to the Administrative Agent at least two Business Days prior to the creation or acquisition thereof. 

(l) Successors and Assignments. The Borrower shall not have any consent rights under Section 12.04(b) of the Credit
Agreement. 
 (m) Expenses. The Borrower shall pay each Lender’s reasonable and documented out-of-pocket fees and
expenses incurred prior to the Waiver Effective Date in connection with the Eleventh Amendment, October 2016 Borrowing Base Redetermination and this Waiver, in an aggregate amount not to exceed $100,000 for all such Lenders, within three Business
Days of receipt of an invoice from such Lender. 
 Section 4. Amendment as of the Waiver Effective Date. In
reliance on the representations, warranties, covenants and agreements contained in this Waiver, and subject to the satisfaction of the conditions precedent set forth in Section 5 hereof, the Credit Agreement shall be amended effective as
of the Waiver Effective Date in the manner provided in this Section 4. 
 4.1 Amendment to Section 8.13
of the Credit Agreement. Section 8.13 of the Credit Agreement is hereby amended by deleting each reference therein to “90%” and inserting in lieu thereof in each instance a reference to “95% (or such lesser amount agreed to
by the Administrative Agent in its sole discretion, which lesser amount shall not be less than 92%)”. 

Section 5. Conditions Precedent to this Waiver. The effectiveness of the Limited Waiver contained in
Section 2 hereof and effectiveness of the amendment contained in Section 4 hereof are subject to the following: 

(a) The Administrative Agent shall have received counterparts of this Waiver from the Loan Parties and the Majority Lenders.

  
 5 

 (b) All fees and expenses incurred prior to the Waiver Effective Date in
connection with the preparation, negotiation, execution and delivery of this Waiver due and owing to Linklaters LLP, Opportune LLP and Vinson & Elkins LLP invoiced prior to the Waiver Effective Date shall have been paid or reimbursed by the
Borrower. 
 (c) No Default (other than the Prospective Defaults), Event of Default (other than the Prospective Defaults) or
Borrowing Base Deficiency shall exist immediately prior to or after giving effect to this Waiver. 
 (d) The Administrative
Agent shall have received a copy of the Budget in form and substance reasonably satisfactory to the Administrative Agent. 

The Administrative Agent shall notify the Borrower and the Lenders of the effectiveness of this Waiver, and such notice shall
be conclusive and binding. 
 Section 6. Post-Closing Covenant regarding Mortgages. In addition to the
requirements set forth in Section 8.14 of the Credit Agreement, in connection with each redetermination of the Borrowing Base from and including the Waiver Effective Date until the Maturity Date, the Borrower shall review the Reserve Report and
the list of current Mortgaged Properties (as described in Section 8.12(c)(vi)) to ascertain whether the Mortgaged Properties represent at least 95% (or such lesser amount agreed to by the Administrative Agent in its sole discretion, which
lesser amount shall not be less than 92%) of the total value of the Oil and Gas Properties evaluated in the most recently completed Reserve Report after giving effect to exploration and production activities, acquisitions, dispositions and
production. In the event that the Mortgaged Properties do not represent at least 95% (or such lesser amount agreed to by the Administrative Agent in its sole discretion, which lesser amount shall not be less than 92%) of such total value, then the
Borrower shall, and shall cause the other Loan Parties to, prior to the expiration of the Waiver Period, grant to the Administrative Agent as security for the Indebtedness a first-priority Lien interest (provided that Excepted Liens of the type
described in clauses (a) to (d) and (f) of the definition thereof may exist, but subject to the provisos at the end of such definition) on additional Oil and Gas Properties of the Loan Parties not already subject to a Lien of the
Security Instruments such that after giving effect thereto, the Mortgaged Properties will represent at least 95% (or such lesser amount agreed to by the Administrative Agent in its sole discretion, which lesser amount shall not be less than 92%) of
such total value. All such Liens will be created and perfected by and in accordance with the provisions of deeds of trust, security agreements and financing statements or other Security Instruments, all in form and substance reasonably satisfactory
to the Administrative Agent and in sufficient executed (and acknowledged where necessary or appropriate) counterparts for recording purposes. 

Section 7. Representations and Warranties; Etc. Each Loan Party hereby affirms, subject to the Prospective
Defaults: (a) that as of the date hereof, all of the representations and warranties contained in each Loan Document to which such Loan Party is a party are true and correct in all material respects as though made on and as of the date hereof
(unless made as of a specific earlier date, in which case, was true as of such date and except to the extent that any such representation and warranty is qualified by materiality, in which case such representation and warranty shall continue to be
true and correct in all respects), (b) no Defaults exist under the Loan Documents or will, after giving effect to this Waiver, exist under the Loan Documents and (c) no Material Adverse Effect has occurred. 

  
 6 

 Section 8. Miscellaneous. 

8.1 Confirmation and Effect. The provisions of the Credit Agreement (as amended and modified by this Waiver) shall
remain in full force and effect in accordance with its terms following the effectiveness of this Waiver. Each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein”, or words of
like import shall mean and be a reference to the Credit Agreement as amended and modified hereby, and each reference to the Credit Agreement in any other document, instrument or agreement executed and/or delivered in connection with the Credit
Agreement shall mean and be a reference to the Credit Agreement as amended and modified hereby. This Waiver is a Loan Document for all purposes under the Loan Documents. 

8.2 Ratification and Affirmation of Loan Parties. Each of the Loan Parties hereby expressly (a) acknowledges the
terms of this Waiver, (b) ratifies and affirms its obligations under the Guaranty Agreement and the other Loan Documents to which it is a party, as amended and modified hereby, (c) acknowledges, renews and extends its continued liability
under the Guaranty Agreement and the other Loan Documents to which it is a party, as amended and modified hereby, (d) ratifies and affirms all Liens granted by it pursuant to the Loan Documents to secure the Indebtedness (except to the extent
that such Liens have been released in accordance with the Loan Documents) and (e) agrees that its guarantee under the Guaranty Agreement and the other Loan Documents to which it is a party, as amended and modified hereby, remains in full force
and effect with respect to the Indebtedness. 
 8.3 Counterparts. This Waiver may be executed by one or more of the
parties hereto in any number of separate counterparts, and all of such counterparts taken together shall be deemed to constitute one and the same instrument. Delivery of this Waiver by facsimile or electronic (e.g., pdf) transmission shall be
effective as delivery of a manually executed original counterpart hereof. 
 8.4 No Oral Agreement. This written
Waiver, the Credit Agreement and the other Loan Documents executed in connection herewith and therewith represent the final agreement between the parties and may not be contradicted by evidence of prior, contemporaneous, or unwritten oral agreements
of the parties. There are no unwritten oral agreements between the parties. 
 8.5 Governing Law. This Waiver
(including, but not limited to, the validity and enforceability hereof) shall be governed by, and construed in accordance with, the laws of the State of New York. 

8.6 Payment of Expenses. The Borrower agrees to pay or reimburse the Administrative Agent for all of its out-of-pocket
costs and expenses incurred in connection with this Waiver, any other documents prepared in connection herewith and the transactions contemplated hereby, including, without limitation, the reasonable fees and disbursements of counsel to the
Administrative Agent. 
 8.7 Severability. Any provision of this Waiver which is prohibited or unenforceable in any
jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not
invalidate or render unenforceable such provision in any other jurisdiction. 

  
 7 

 8.8 Successors and Assigns. This Waiver shall be binding upon and inure to
the benefit of the parties hereto and their respective successors and assigns. 
 8.9 Release. EACH OF THE LOAN
PARTIES, ON ITS OWN BEHALF AND ON BEHALF OF ITS SUCCESSORS AND ASSIGNS (EACH OF THE FOREGOING, COLLECTIVELY, THE “RELEASING PARTIES”), HEREBY ACKNOWLEDGES AND STIPULATES THAT AS OF THE DATE OF THIS WAIVER, NONE OF THE RELEASING
PARTIES HAS ANY CLAIMS, CAUSES OF ACTION, DEMANDS OR LIABILITIES OF ANY KIND WHATSOEVER, WHETHER DIRECT OR INDIRECT, FIXED OR CONTINGENT, LIQUIDATED OR UNLIQUIDATED, DISPUTED OR UNDISPUTED, KNOWN OR UNKNOWN, AGAINST, OR ANY GROUNDS OR CAUSE FOR
REDUCTION, MODIFICATION, SET ASIDE OR SUBORDINATION OF THE INDEBTEDNESS OR ANY LIENS OR SECURITY INTERESTS OF, IN EACH CASE WHICH ARISE OUT OF OR ARE RELATED TO THE INDEBTEDNESS OR ANY OF THE LOAN DOCUMENTS (EACH, A “RELEASED
CLAIM”), THE ADMINISTRATIVE AGENT, THE ISSUING BANK, THE OTHER SECURED PARTIES OR ANY OF THEIR AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, ATTORNEYS, OR REPRESENTATIVES, OR AGAINST ANY OF THEIR RESPECTIVE SUCCESSORS OR ASSIGNS (EACH
OF THE FOREGOING, COLLECTIVELY, THE “RELEASED PARTIES”). IN PARTIAL CONSIDERATION FOR THE AGREEMENT OF THE ADMINISTRATIVE AGENT AND THE LENDERS PARTY HERETO TO ENTER INTO THIS WAIVER, EACH OF THE RELEASING PARTIES HEREBY
UNCONDITIONALLY WAIVES AND FULLY AND FOREVER RELEASES, REMISES, DISCHARGES AND HOLDS HARMLESS THE RELEASED PARTIES FROM ANY AND ALL RELEASED CLAIMS, WHICH ANY OF THE RELEASING PARTIES HAS OR MAY ACQUIRE IN THE FUTURE RELATING IN ANY WAY TO ANY
EVENT, CIRCUMSTANCE, ACTION OR FAILURE TO ACT AT ANY TIME ON OR PRIOR TO THE WAIVER EFFECTIVE DATE, SUCH WAIVER, RELEASE AND DISCHARGE BEING MADE WITH FULL KNOWLEDGE AND UNDERSTANDING OF THE CIRCUMSTANCES AND EFFECTS OF SUCH WAIVER, RELEASE AND
DISCHARGE, AND AFTER HAVING CONSULTED LEGAL COUNSEL OF ITS OWN CHOOSING WITH RESPECT THERETO. THIS PARAGRAPH IS IN ADDITION TO ANY OTHER RELEASE OF ANY OF THE RELEASED PARTIES BY THE RELEASING PARTIES AND SHALL NOT IN ANY WAY LIMIT ANY OTHER
RELEASE, COVENANT NOT TO SUE OR WAIVER BY THE RELEASING PARTIES IN FAVOR OF THE RELEASED PARTIES. 
 [Signature
pages follow] 

  
 8 

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

											
	BORROWER:	 	MEMORIAL PRODUCTION OPERATING LLC, a Delaware limited liability company
				
		 		  	By:	  	Memorial Production Partners LP, its sole member
				
		 		  	By:	  	Memorial Production Partners GP LLC, its general partner
						
		 		  		  	By:	  	 /s/ Robert L. Stillwell, Jr.
	  	
		 		  		  	Name:	  	Robert L. Stillwell, Jr.	  	
		 		  		  	Title:	  	Chief Financial Officer	  	
		
	GUARANTORS:	 	MEMORIAL PRODUCTION PARTNERS LP, a Delaware limited partnership
				
		 		  	By:	  	Memorial Production Partners GP LLC, its general partner
						
		 		  		  	By:	  	 /s/ Robert L. Stillwell, Jr.
	  	
		 		  		  	Name:	  	Robert L. Stillwell, Jr.	  	
		 		  		  	Title:	  	Chief Financial Officer	  	
		
		 	COLUMBUS ENERGY, LLC, a Delaware limited liability company
				
		 		  	By:	  	Memorial Production Operating LLC, its sole member
				
		 		  	By:	  	Memorial Production Partners LP, its sole member
				
		 		  	By:	  	Memorial Production Partners GP LLC, its general partner
						
		 		  		  	By:	  	 /s/ Robert L. Stillwell, Jr.
	  	
		 		  		  	Name:	  	Robert L. Stillwell, Jr.	  	
		 		  		  	Title:	  	Chief Financial Officer	  	

  
 [SIGNATURE
PAGE TO ELEVENTH AMENDMENT TO CREDIT AGREEMENT – 

MEMORIAL PRODUCTION OPERATING LLC] 

									
		 	WHT ENERGY PARTNERS LLC, a Delaware limited liability company
				
		 		 	By:	  	Memorial Production Operating LLC, its sole member
				
		 		 	By:	  	Memorial Production Partners LP, its sole member
				
		 		 	By:	  	Memorial Production Partners GP LLC, its general partner
					
		 		 		  	By:	  	 /s/ Robert L. Stillwell, Jr.

		 		 		  	Name:	  	Robert L. Stillwell, Jr.
		 		 		  	Title:	  	Chief Financial Officer
		
		 	RISE ENERGY OPERATING, LLC, a Delaware limited liability company
				
		 		 	By:	  	Memorial Production Operating LLC, its sole member
				
		 		 	By:	  	Memorial Production Partners LP, its sole member
				
		 		 	By:	  	Memorial Production Partners GP LLC, its general partner
					
		 		 		  	By:	  	 /s/ Robert L. Stillwell, Jr.

		 		 		  	Name:	  	Robert L. Stillwell, Jr.
		 		 		  	Title:	  	Chief Financial Officer

  
 [SIGNATURE
PAGE TO ELEVENTH AMENDMENT TO CREDIT AGREEMENT – 

MEMORIAL PRODUCTION OPERATING LLC] 

							
		 	RISE ENERGY MINERALS, LLC, a Delaware limited liability company
			
		 	 By:
	  	Rise Energy Operating, LLC, its sole member
			
		 	 By:
	  	Memorial Production Operating LLC, its sole member
			
		 	 By:
	  	Memorial Production Partners LP, its sole member
			
		 	 By:
	  	Memorial Production Partners GP LLC, its general partner
				
		 		  	By:	  	 /s/ Robert L. Stillwell, Jr.

		 		  	Name:	  	Robert L. Stillwell, Jr.
		 		  	Title:	  	Chief Financial Officer
		
		 	RISE ENERGY BETA, LLC, a Delaware limited liability company
			
		 	 By:
	  	Rise Energy Operating, LLC, its sole member
			
		 	 By:
	  	Memorial Production Operating LLC, its sole member
			
		 	 By:
	  	Memorial Production Partners LP, its sole member
			
		 	 By:
	  	Memorial Production Partners GP LLC, its general partner
				
		 		  	By:	  	 /s/ Robert L. Stillwell, Jr.

		 		  	Name:	  	Robert L. Stillwell, Jr.
		 		  	Title:	  	Chief Financial Officer

  
 [SIGNATURE
PAGE TO ELEVENTH AMENDMENT TO CREDIT AGREEMENT – 

MEMORIAL PRODUCTION OPERATING LLC] 

									
		  	 MEMORIAL PRODUCTION FINANCE CORPORATION, a

Delaware corporation

				
		  		  	 By:
	  	 /s/ Robert L. Stillwell, Jr.

		  		  	 Name: Robert L. Stillwell, Jr.

		  		  	 Title: Chief Financial Officer

		
		  	WHT CARTHAGE LLC, a Delaware limited liability company
				
		  		  	 By:
	  	WHT Energy Partners LLC, its sole member
				
		  		  	 By:
	  	Memorial Production Operating LLC, its sole member
				
		  		  	 By:
	  	Memorial Production Partners LP, its sole member
				
		  		  	 By:
	  	Memorial Production Partners GP LLC, its general partner
					
		  		  		  	By:	  	 /s/ Robert L. Stillwell, Jr.

		  		  		  	Name:	  	Robert L. Stillwell, Jr.
		  		  		  	Title:	  	Chief Financial Officer
		
		  	MEMORIAL ENERGY SERVICES LLC, a Delaware limited liability company
				
		  		  	 By:
	  	Memorial Production Operating LLC, its sole member
				
		  		  	 By:
	  	Memorial Production Partners LP, its sole member
				
		  		  	 By:
	  	Memorial Production Partners GP LLC, its general partner
					
		  		  		  	By:	  	 /s/ Robert L. Stillwell, Jr.

		  		  		  	Name:	  	Robert L. Stillwell, Jr.
		  		  		  	Title:	  	Chief Financial Officer

  
 [SIGNATURE
PAGE TO ELEVENTH AMENDMENT TO CREDIT AGREEMENT – 

MEMORIAL PRODUCTION OPERATING LLC] 

											
		 	MEMORIAL MIDSTREAM LLC, a Texas limited liability company
					
		 		  		  	By:	 	Memorial Production Operating LLC, its sole member
					
		 		  		  	By:	 	Memorial Production Partners LP, its sole member
					
		 		  		  	By:	 	Memorial Production Partners GP LLC, its general partner
						
		 		  		  		 	By:	 	 /s/ Robert L. Stillwell, Jr.

		 		  		  		 	Name:	 	Robert L. Stillwell, Jr.
		 		  		  		 	Title:	 	Chief Financial Officer
		
		 	SAN PEDRO BAY PIPELINE COMPANY, a California corporation
					
		 		  		  	By:	 	/s/ Robert L. Stillwell,
Jr.                                
		 		  		  	Name:	 	Robert L. Stillwell, Jr.
		 		  		  	Title:	 	Chief Financial Officer
		
		 	MEMP SERVICES LLC, a Delaware limited liability company
					
		 		  		  	By:	 	Memorial Production Partners LP, its sole member
					
		 		  		  	By:	 	Memorial Production Partners GP LLC, its general partner
						
		 		  		  		 	By:	 	 /s/ Robert L. Stillwell, Jr.

		 		  		  		 	Name:	 	Robert L. Stillwell, Jr.
		 		  		  		 	Title:	 	Chief Financial Officer

  
 [SIGNATURE
PAGE TO ELEVENTH AMENDMENT TO CREDIT AGREEMENT – 

MEMORIAL PRODUCTION OPERATING LLC] 

									
		 	BETA OPERATING COMPANY, LLC, a Delaware limited liability company
				
		 		 	By:	  	Memorial Production Operating LLC, its sole member
				
		 		 	By:	  	Memorial Production Partners LP, its sole member
				
		 		 	By:	  	Memorial Production Partners GP LLC, its general partner
					
		 		 		  	By:	  	 /s/ Robert L. Stillwell, Jr.

		 		 		  	Name:	  	Robert L. Stillwell, Jr.
		 		 		  	Title:	  	Chief Financial Officer
		
		 	MEMORIAL PRODUCTION PARTNERS GP LLC, a Delaware limited liability company
				
		 		 	By:	  	 /s/ Robert L. Stillwell, Jr.

		 		 	Name:	  	Robert L. Stillwell, Jr.
		 		 	Title:	  	Chief Financial Officer

  
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MEMORIAL PRODUCTION OPERATING LLC] 

 ADMINISTRATIVE AGENT AND LENDER: 

 

			
	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Administrative Agent, Issuing Bank and a Lender
		
	By:	 	 /s/ Bryan McDavid

	Name: Bryan McDavid
	Title: Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	ASSOCIATED BANK, N.A., as a Lender
			
		 	By:	 	 /s/ Alison K. Tregilgas

		 	Name: Alison K. Tregilgas
		 	Title: Senior Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	BARCLAYS BANK PLC, as a Lender
			
		 	By:	 	 /s/ Sean Duggan

		 	Name: Sean Duggan
		 	Title: Assistant Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	BRANCH BANKING AND TRUST COMPANY, as a Lender
			
		 	By:	 	 /s/ Robert Kret

		 	Name: Robert Kret
		 	Title: AVP

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	BMO HARRIS BANK, N.A., as a Lender
			
		 	By:	 	 /s/ James V. Ducote

		 	Name: James V. Ducote
		 	Title: Managing Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	CADENCE BANK, N.A., as a Lender
			
		 	By:	 	 /s/ Anthony Blanco

		 	Name: Anthony Blanco
		 	Title: Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH, as a Lender
			
		 	By:	 	 /s/ Charles D. Mulkeen

		 	Name: Charles D. Mulkeen
		 	Title: Executive Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	CAPITAL ONE, NATIONAL ASSOCIATION, as a Lender
			
		 	By:	 	 /s/ Daryl Stafford

		 	Name: Daryl Stafford
		 	Title: Vice President

  

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	CARGILL, INCORPORATED, as a Lender
			
		 	By:	 	 /s/ Tyler R. Smith

		 	Name: Tyler R. Smith
		 	Title: Authorized Signer

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	CITIBANK, N.A., as a Lender
			
		 	By:	 	 /s/ Peter T. Baumann

		 	Name: Peter T. Baumann
		 	Title: Managing Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	COMERICA BANK., as a Lender
			
		 	By:	 	 /s/ Chad Stephenson

		 	Name: Chad Stephenson
		 	Title: Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, as a Lender
			
		 	By:	 	 /s/ Yuriy A. Tsyganov

		 	Name: Yuriy A. Tsyganov
		 	Title: Director
			
		 	By:	 	 /s/ Kathleen Sweeney

		 	Name: Kathleen Sweeney
		 	Title: Managing Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	GOLDMAN SACHS BANK USA, as a Lender
			
		 	By:	 	 /s/ Mehmet Barlas

		 	Name: Mehmet Barlas
		 	Title: Authorized Signatory

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	ING CAPITAL LLC, as a Lender
			
		 	By:	 	 /s/ Josh Strong

		 	Name: Josh Strong
		 	Title: Director
			
		 	By:	 	 /s/ Charles Hall

		 	Name: Charles Hall
		 	Title: Managing Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	JPMORGAN CHASE BANK, N.A., as a Lender
			
		 	By:	 	 /s/ Theresa M. Benson

		 	Name: Theresa M. Benson
		 	Title: Authorized Officer

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	 MUFG UNION BANK, N.A. f/k/a UNION BANK,

N.A., as a Lender

			
		 	By:	 	 /s/ Paul E. Cornell

		 	Name: Paul E. Cornell
		 	Title: Managing Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	REGIONS BANK, as a Lender
			
		 	By:	 	 /s/ Daniel G. Steele

		 	Name: Daniel G. Steele
		 	Title: Managing Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	SANTANDER BANK, N.A. as a Lender
			
		 	By:	 	 /s/ Aidan Lanigan

		 	Name: Aidan Lanigan
		 	Title: Senior Vice President
			
		 	By:	 	 /s/ Puiki Lok

		 	Name: Puiki Lok
		 	Title: Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	SUNTRUST BANK, as a Lender
			
		 	By:	 	 /s/ William S. Krueger

		 	Name: William S. Krueger
		 	Title: First Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	UBS AG, STAMFORD BRANCH, as a Lender
			
		 	By:	 	 /s/ Darlene Arias

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

		 	Name: Kenneth Chin
		 	Title: Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	U.S. BANK NATIONAL ASSOCIATION, as a Lender
			
		 	By:	 	 /s/ Mike Warren

		 	Name: Mike Warren
		 	Title: Sr VP

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	CITIZENS BANK, N.A., as a Lender
			
		 	By:	 	 /s/ David W. Stack

		 	Name: David W. Stack
		 	Title: Senior Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	COMPASS BANK as a Lender
			
		 	By:	 	 /s/ William H Douning

		 	Name: William H Douning
		 	Title: Sr. Vice President

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	NATIXIS, NEW YORK BRANCH as a Lender
			
		 	By:	 	 /s/ Vikram Nath

		 	Name: Vikram Nath
		 	Title: Vice President
			
		 	By:	 	 /s/ Brice Le Foyer

		 	Name: Brice Le Foyer
		 	Title: Director

  
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MEMORIAL PRODUCTION OPERATING LLC] 

					
	LENDER:	 	ROYAL BANK OF CANADA, as a Lender
			
		 	By:	 	 /s/ Mark Lumpkin, Jr.

		 	Name: Mark Lumpkin, Jr.
		 	Title: Authorized Signatory

  
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MEMORIAL PRODUCTION OPERATING LLC]Exhibit

Exhibit 4.1

LKQ Glass 2 Inc.
PGW Holdings, LLC
Pittsburgh Glass Works, LLC
PGW Auto Glass, LLC
KPGW Canadian Holdco, LLC
KPGW European Holdco, LLC

To:
BNP Paribas Trust Corporation UK Limited
55 Moorgate
London EC2R 6PA
United Kingdom

To:
LKQ Italia Bondco S.p.A.
Foro Buonaparte 70
20121 - Milan
Italy
Attention: Aldo Carrabino

-by express courier, anticipated by e-mail-
Chicago, September 9, 2016

Re:     Supplemental Indenture - LKQ Italia Bondco S.p.A. 3.875% Senior Notes due 2024
Dear Sirs,
as discussed, please find below our proposal regarding the Supplemental Indenture (the “Proposal”). 
*  *  *

Exhibit 4.1

SUPPLEMENTAL INDENTURE (this “Supplemental Indenture”), dated as of September 9, 2016, among the parties identified on Schedule 1 attached hereto (each a "Guaranteeing Subsidiary") each of which is a direct or indirect subsidiary of LKQ Corporation, a Delaware corporation (“Parent”), LKQ Italia Bondco S.p.A., a joint stock company (società per azioni) organized under the laws of the Republic of Italy and a subsidiary of Parent (the “Issuer”), and BNP Paribas Trust Corporation UK Limited, as trustee under the Indenture referred to herein (the “Trustee”).  
W I T N E S S E T H
WHEREAS, the Issuer has heretofore executed and delivered to the Trustee an indenture, dated as of April 14, 2016 (the “Indenture”), providing for the issuance of the Issuer’s 3.875% Senior Notes due 2024 (the “Notes”);
WHEREAS, the Indenture provides that under certain circumstances each Guaranteeing Subsidiary shall execute and deliver to the Trustee a supplemental indenture pursuant to which such Guaranteeing Subsidiary shall unconditionally guarantee all of the Issuer’s payment obligations under the Notes and the Indenture on the terms and conditions set forth herein (the “Note Guarantee”); and
WHEREAS, pursuant to Section 8.01 of the Indenture, the Trustee is authorized to execute and deliver this Supplemental Indenture.  
NOW, THEREFORE, in consideration of the foregoing and for other good and valuable consideration, the receipt of which is hereby acknowledged, each Guaranteeing Subsidiary and the Trustee mutually covenant and agree for the equal and ratable benefit of the Holders of the Notes as follows:
1.    CAPITALIZED TERMS.  Capitalized terms used herein without definition shall have the meanings assigned to them in the Indenture.  
2.    AGREEMENT TO GUARANTEE.  Each Guaranteeing Subsidiary hereby agrees to provide an unconditional Guarantee on the terms and subject to the conditions set forth in the Note Guarantee and in the Indenture including but not limited to Article Ten thereof.  
4.    NO RECOURSE AGAINST OTHERS.  No director, officer, employee, incorporator member of the Board of Directors or holder of Capital Stock of the Issuer or of any Guarantor, as such, shall have any liability for any obligations of the Issuer or the Guarantors under the Notes, this Supplemental Indenture or the Note Guarantees or for any claim based on, in respect of, or by reason of, such obligations or their creation.  Each Holder of Notes by accepting a Note waives and releases all such liability. 
5.    THIS SUPPLEMENTAL INDENTURE SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK, BUT WITHOUT GIVING EFFECT TO APPLICABLE PRINCIPLES OF CONFLICTS OF LAW TO THE EXTENT THAT THE APPLICATION OF THE LAW OF ANOTHER JURISDICTION WOULD BE REQUIRED THEREBY. 

Exhibit 4.1

6.    EFFECT OF HEADINGS.  The Section headings herein are for convenience only and shall not affect the construction hereof.  
7.    THE TRUSTEE.  The Trustee shall not be responsible in any manner whatsoever for or in respect of the validity or sufficiency of this Supplemental Indenture or for or in respect of the recitals contained herein, all of which recitals are made solely by each Guaranteeing Subsidiary and the Issuer.  
8.    GENERAL PROVISIONS.  This Supplement Indenture to be entered by exchange of correspondence.  Should a “Caso d’uso”, or an “Enunciazione” or a voluntary registration be triggered after the date hereof, then the relevant applicable registration tax shall be entirely borne by the party that has triggered the “Caso d’uso” or “Enunciazione” or voluntary registration.
[Remainder of Page Intentionally Blank]

Exhibit 4.1

Schedule 1

LKQ Glass 2 Inc.
PGW Holdings, LLC
Pittsburgh Glass Works, LLC
PGW Auto Glass, LLC
KPGW Canadian Holdco, LLC
KPGW European Holdco, LLC

Exhibit 4.1

*  *  *
If you agree with the foregoing, please send us a copy of this letter agreement, signed by a duly authorized representative as irrevocable and unconditional acceptance of the Proposal. 

Yours faithfully, 

LKQ Glass 2 Inc.
PGW Holdings, LLC
Pittsburgh Glass Works, LLC
PGW Auto Glass, LLC
KPGW Canadian Holdco, LLC
KPGW European Holdco, LLC

By:                                                                   
Name:    Dominick Zarcone
Title:    Vice President and 
Chief Financial Officer

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