Document:

cei_ex104.htm

EXHIBIT 10.4
  
 SECURITY AGREEMENT-PLEDGE
   
 ARTICLE I
 GENERAL RECITALS
  
 Identification of Parties
  
 This is a Security Agreement-Pledge (the “Agreement”) dated as of December 22, 2021 (the “Effective Date”) between RESC, LLC, a Nevada limited liability company whose principal address is 14830 Kivett Ln, Reno, NV 89521, referred to in this Agreement as (“Pledgor”), and VIKING ENERGY GROUP, INC., a Nevada corporation whose principal address is 15915 Katy Freeway, Suite 450, Houston, Texas 77094, referred to in this Agreement as (“Secured Party”). Pledgor and Secured Party are sometimes hereinafter referred to together as the “Parties” and individually as a “Party”.
   
 Debt
   
 1.01. New Rise Processing Reno, LLC is indebted to Secured Party, as evidenced by that certain promissory note dated, November 18, 2021, in the principal sum of One Million Five Hundred Thousand and No/100 ($1,500,000.00), the (“First Promissory Note”). New Rise Processing Reno, LLC is indebted to Secured Party, as evidenced by that certain promissory note dated December 22, 2021, in the principal sum of Five Hundred Thousand and No/100 ($500,000.00), the (“Promissory Note”).
  
 1.02. RESC Renewable Holdings, LLC has guaranteed New Rise Processing Reno, LLC’s payment obligations under the First Promissory Note and this Promissory Note pursuant to that certain Guaranty dated, November 18, 2021 and the Guaranty dated, December 22, 2021 (collectively the “Guaranty”). 
  
 Nature of Agreement
  
 1.03. Pledgor and Secured Party desire that, as an accommodation in connection with the loan made by Secured Party to Pledgor, Pledgor grants to the Secured Party a security interest in the Collateral described in Paragraph 2.02 of this Agreement as collateral for Pledgor’s performance of the terms and conditions of the Promissory Note and other obligations set forth in this Agreement.
  
 THEREFORE, in consideration of the mutual covenants and conditions contained in this Agreement, the Pledgor and Secured Party agree as follows:
  
 ARTICLE 2
 PLEDGE
  
 Security Interest
  
 2.01. Pledgor creates and grants to the Secured Party a security interest in the Collateral described in Paragraph 2.02 of this Agreement to secure the payment and performance of the obligations of New Rise Processing Reno, LLC and RESC Renewable Holdings, LLC to the Secured Party set forth in Paragraph 2.03 of this Agreement.
   
 	 
	
	

	 

  
 Description of Collateral
  
 2.02. 
  
 (a) The Security Agreement - Pledge dated, November 18, 2021 (the “Original Security Agreement”) and this Agreement creates a first lien, perfected security interest in favor of Secured Party in twenty percent (20%) of the membership interests of RESC Renewable Holdings, LLC, a Nevada limited liability company owned by Pledgor (the “Equity”); and 
  
 (b) All right, title and interest of Pledgor, whether now owned or hereafter acquired, in and to Pledgor’s right to receive profits, income, proceeds, monies and distributions, arising, directly or indirectly out of Pledgor’s interest in the Equity (together with the Equity, collectively referred to as the “Collateral”).
  
 Obligations Secured
  
 2.03. The security interest created by this Agreement secures the following:
  
 (a) Payment of the indebtedness evidenced by, and performance and discharge of every covenant, condition, and agreement contained in the Promissory Note, and any and all modifications, extensions, or renewals of the Promissory Note (the “Obligations”) by New Rise Processing Reno, LLC pursuant to the Promissory Note, and by RESC Renewable Holdings, LLC pursuant to the Guaranty.
  
 (b) Performance and discharge of every obligation, covenant, and agreement of Pledgor contained in this Agreement or in any of the Security Instruments, as defined in the Promissory Note (if any) (collectively, the “Ancillary Agreements”).
  
 Representations and Warranties of Debtor
  
 2.04. 
  
 (a) Pledgor warrants and represents that the Collateral represents 20% of the membership interests of RESC Renewable Holdings, LLC owned by Pledgor; that the Collateral is free and clear of any security interests, liens, restrictions, or encumbrances, and the security interest created by this Agreement, and that Pledgor has full right and power to transfer or pledge the Collateral to the Secured Party free and clear of any interests described in this paragraph, and to enter into and carry out this Agreement.
  
 (b) Pledgor has not heretofore signed any financing statement, and no financing statement is now on file in any public office covering the Collateral. Pledgor authorizes Secured Party to file, in jurisdictions where this authorization will be given effect, a financing statement signed only by Secured Party covering the Collateral; and at the request of Secured Party, Pledgor will join Secured Party in executing one or more financing statements, pursuant to the Uniform Commercial Code, in form satisfactory to Secured Party.
  
 (c) Pledgor will not sell, transfer or dispose of any portion of the Collateral, except to Maker, unless Secured Party consents to such sale, transfer or disposition in writing, in advance.
  
 Security and Pledge Agreement - New Rise Transaction
  
 	 
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 (d) Pledgor shall, at its own expense, do, make, procure, execute and deliver all acts, things, writings and assurances as Secured Party may at any time reasonably request to protect, assure or enforce its interests, rights and remedies created by, provided in, or emanating from, this Security Agreement.
  
 (e) Pledgor shall keep the Collateral, including any proceeds therefrom, free from unpaid charges, including taxes, and from liens, encumbrances and security interests other than that of Secured Party.
  
 ARTICLE 3
 DEFAULT; RIGHTS OF SECURED PARTY
  
 Event of Default
  
 3.01. As used in this Agreement, “Event of Default” shall have the meaning subscribed to such term in the Promissory Note.
  
 Secured Party’s Rights and Remedies
  
 3.02. Secured Party shall have all of the following rights regardless of the existence of any Event of Default.
  
 (a) This Agreement, Secured Party’s rights hereunder, or the indebtedness hereby secured may be assigned from time to time.
  
 (b) Secured Party may execute, sign, endorse, transfer or deliver in the name of Pledgor any documents, necessary to evidence, perfect or realize upon the security interest and obligations created by this Agreement.
  
 (c) Secured Party shall have no liability with respect to the Collateral, including, without limitation, any obligation for cash calls.
  
 3.03. Upon an Event of Default, the Secured Party may foreclose the security interest in either of the following ways:
  
 (a) Provided that the Secured Party gives notice to the Pledgor, and the Pledgor fails to object within twenty-one (21) days of receipt of such notice, the Secured Party may retain in satisfaction of Pledgor’s obligation all of the Collateral.
  
 Security and Pledge Agreement - New Rise Transaction
  
 	 
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 (b) Secured Party may declare all Obligations secured hereby immediately due and payable and shall have the rights and remedies of a Secured Party under the Uniform Commercial Code of Texas, including without limitation thereto, the right to sell, at public or private sale or sales, or otherwise dispose of or utilize the collateral and any part or parts thereof in any manner authorized or permitted under the Uniform Commercial Code after default by a debtor, at such prices and on such terms as Secured Party may deem reasonable under the circumstances upon notice to Pledgor after an Event of Default. Secured Party will send Pledgor reasonable notice of the time and place of any public sale thereof or of the time after which any private sale or other disposition thereof is to be made in accordance with the applicable provisions of the Uniform Commercial Code. The requirement of sending reasonable notice shall be met if such notice is mailed, postage prepaid, to Pledgor at the address designated on the first page of this Security Agreement (or at such other address as Pledgor shall have designated as its address for receipt of notices hereunder in a writing duly received by Secured Party) at least fifteen (15) days before the time of the sale or disposition and email notice to Pledgor. Expenses of retaking, holding, selling or the like shall include Secured Party’s reasonable attorney’s fees and legal expenses, and Pledgor agrees to pay such expenses, plus interest thereon at the maximum rate permitted by applicable law from the date such expenses are incurred until repaid. Pledgor shall remain liable for any deficiency. 
  
 (c) No delays or omission on the part of Secured Party in exercising any right hereunder shall operate as a waiver of any such right or any other right. A waiver on any one or more occasions shall not be construed as a bar or waiver of any right or remedy on any future occasion. The remedies of Secured Party hereunder are cumulative, and the right exercise of any one or more of the remedies provided for herein shall not be construed as an election or as a waiver of any of the other remedies of Secured Party provided for herein or existing by law or otherwise.
  
 Additional Agreements
  
 3.04. 
  
 (a) The execution and delivery of this Agreement in no manner shall impair or affect any other security (by endorsement or otherwise) for the payment of the Obligations and no security taken hereafter as security for payment of the Obligations shall impair in any manner or affect this Agreement, all such present and future additional security to be considered as cumulative security. Any of the Collateral may be released from this Agreement without altering, varying or diminishing in any way the force, effect, lien, security interest, or charge of this Agreement as to the Collateral not expressly released, and this Agreement shall continue as a first and prior lien, security interest and charge on all of the Collateral not expressly released, until all the Obligations secured hereby have been paid in full. Any future assignment or attempted assignment of the interest of Pledgor in and to any of the Collateral shall not deprive Secured Party of the right to see or otherwise dispose of or utilize all of the Collateral as above provided or necessitate the sale or disposition thereof in parcels or in severalty.
  
 (b) This Agreement shall not be construed as relieving Pledgor from full personal liability on the Obligations secured hereby and for any deficiency thereon.
  
 Security and Pledge Agreement - New Rise Transaction
  
 	 
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 ARTICLE 4
 VOTING; DISTRIBUTIONS
  
 Voting
  
 4.01 For as long as the Collateral is held by Secured Party, and until the date of an Event of Default, if any, the Pledgor shall have the right to vote the Equity for all purposes. If requested by the Pledgor, the Secured Party shall execute and deliver to the Pledgor any proxies and authorizations reasonably required to confirm the voting rights of the Pledgor during this period.
  
 Distributions
  
 4.02 For as long as the Collateral is held by the Secured Party, and until the date of an Event of Default, if any, all distributions paid upon the Equity shall belong to the Pledgor.
  
 ARTICLE 5
 RELEASE OF COLLATERAL
  
 Release of Collateral
  
 5.01. Upon payment in full of the Promissory Note, the Collateral is released of any obligation hereunder. 
  
 ARTICLE 6
 MISCELLANEOUS
  
 No Waiver of Right of Remedies
  
 6.01. No failure or delay by Secured Party in exercising any right, power, or privilege given by any provision of this Agreement shall operate as a waiver of the provision. Additionally, no single or partial exercise of any right, power, or privilege shall preclude any other or further exercise of that or any other right, power, or privilege.
  
 Severability
  
 6.02. Should any one or more of the provisions of this Agreement be determined to be illegal or unenforceable, all other provisions of this agreement shall be valid, binding, and effective as if the illegal or unenforceable provisions had never been included in this Agreement.
  
 Notices
  
 6.03. Any notices of other communications required or permitted by this Agreement shall be delivered personally or sent by registered or certified mail, postage prepaid the addresses set forth in the introductory paragraph hereof, or at any other address furnished in writing by either Party to the other, and shall be deemed to have been given as of the date the notice is personally delivered or three business days after deposited in the United States mail and email notice to Pledgor. 
  
 Security and Pledge Agreement - New Rise Transaction
  
 	 
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 Assignment
  
 6.04. This Agreement and the Security Interest created by this Agreement shall be assignable by the Secured Party, and shall inure to the benefit of Secured Party’s legal representatives, successors and assigns. Pledgor may not assign its obligations hereunder.
  
 Choice of Law; Venue
  
 6.05. It is the intention of the parties that the laws of Texas should govern the validity of this Agreement, the construction of its terms, and the interpretation of the rights and duties of the parties. ANY LEGAL ACTION OR PROCEEDING WITH RESPECT TO THIS SECURITY AGREEMENT AND THE PROMISSORY NOTE MAY BE BROUGHT IN THE COURTS OF THE STATE OF TEXAS OR OF THE UNITED STATES LOCATED IN HARRIS COUNTY, TEXAS AND, BY EXECUTION AND DELIVERY OF THIS SECURITY AGREEMENT, THE PLEDGOR HEREBY IRREVOCABLY ACCEPTS FOR ITSELF AND IN RESPECT OF THE COMPANY’S PROPERTY, UNCONDITIONALLY, THE JURISDICTION OF THE AFORESAID COURTS WITH RESPECT TO ANY SUCH ACTION OR PROCEEDING. THE PLEDGOR FURTHER IRREVOCABLY CONSENTS TO THE SERVICE OF PROCESS OUT OF ANY OF THE AFOREMENTIONED COURTS IN ANY SUCH ACTION OR PROCEEDING BY THE MAILING OF COPIES THEREOF BY REGISTERED OR CERTIFIED MAIL, POSTAGE PREPAID, TO THE PLEDGOR, SUCH SERVICE TO BECOME EFFECTIVE THIRTY (30) DAYS AFTER SUCH MAILING. NOTHING IN THIS SECURITY AGREEMENT SHALL AFFECT THE RIGHT OF THE SECURED PARTY TO SERVE PROCESS IN ANY OTHER MANNER PERMITTED BY LAW OR TO COMMENCE LEGAL PROCEEDINGS OR OTHERWISE PROCEED AGAINST THE PLEDGOR IN ANY OTHER JURISDICTION.
  
 THE PLEDGOR HEREBY IRREVOCABLY WAIVES ANY OBJECTION WHICH THE PLEDGOR MAY NOW OR HEREAFTER HAVE TO THE LAYING OF VENUE OF ANY OF THE AFORESAID ACTIONS OR PROCEEDINGS ARISING OUT OF OR IN CONNECTION WITH THIS SECURITY AGREEMENT BROUGHT IN THE COURTS REFERRED TO IN THIS SECTION 6.05 AND HEREBY FURTHER IRREVOCABLY WAIVES AND AGREES NOT TO PLEAD OR CLAIM IN ANY SUCH COURT THAT ANY SUCH ACTION OR PROCEEDING BROUGHT IN ANY SUCH COURT HAS BEEN BROUGHT IN AN INCONVENIENT FORUM.
  
 Paragraph Headings
  
 6.06. Paragraph and other headings contained in this Agreement are for purposes of reference and convenience only and shall not affect in any way the meaning of this Agreement or its interpretation.
  
 Prevailing Party
  
 6.07. If any legal action or other proceeding is brought for the enforcement of this Agreement executed in connection with, or because of an alleged dispute, breach, default or misrepresentation in connection with any of the provisions of this Agreement or any document, instrument or agreement executed in connection herewith, the successful prevailing Party shall be entitled to recover reasonable attorney’s fees, court costs and all other costs and expenses incurred in that action or proceeding.
   
 Security and Pledge Agreement - New Rise Transaction
  
 	 
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 Drafting
  
 6.08. Each of the Parties hereto acknowledges that each Party was actively involved in the negotiation and drafting of this Agreement and that no law or rule of construction shall be raised or used in which the provisions of this Agreement shall be construed in favor or against any Party hereto because one is deemed to be the author thereof.
  
 Counsel
  
 6.09. COUNSEL. EACH PARTY ACKNOWLEDGES THAT THE PARTIES ARE EXECUTING A LEGAL DOCUMENT THAT CONTAINS CERTAIN DUTIES, OBLIGATIONS AND RESTRICTIONS AS SPECIFIED HEREIN. EACH PARTY FURTHERMORE ACKNOWLEDGES THAT EACH PARTY HAS BEEN ADVISED OF THEIR RIGHT TO RETAIN LEGAL COUNSEL, AND THAT EACH PARTY HAS EITHER BEEN REPRESENTED BY LEGAL COUNSEL PRIOR TO THEIR EXECUTION HEREOF OR HAS KNOWINGLY ELECTED NOT TO BE SO REPRESENTED.
  
 SIGNATURE PAGE FOLLOWS
  
 Security and Pledge Agreement - New Rise Transaction
  
 	 
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 IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.
  
  
 	  
	 PLEDGOR:
	  

	  
	  
	  

	 	 RESC, LLC, a Nevada limited liability company
	
	 	 	 	 
		By:	/s/ Randall Soulé	
	  
	  
	 Randall Soulé, Manager
	 
	 	 		 
	  
	  
	  
	  

	  
	 SECURED PARTY:
	  

	  
	  
	  

	  
	 VIKING ENERGY GROUP, INC.
	  

	 	 		 
	  
	 By:
	 /s/ James A. Doris
	  

	  
	 Name: 
	 James A. Doris
	  

	  
	 Title: 
	 President and CEO
	  

   
 Security and Pledge Agreement - New Rise Transaction
   
 	 
	 8Document

Exhibit 10.1

AMENDMENT NO. 3 TO
SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT
THIS AMENDMENT NO. 3 TO SECOND AMENDED AND RESTATED LOAN AND SECURITY AGREEMENT (this "Amendment") is entered into as of December 23, 2021, by and among the Lenders party hereto, WELLS FARGO CAPITAL FINANCE, LLC, a Delaware limited liability company, as the agent for the Lenders (in such capacity, "Agent"), CENTURY ALUMINUM COMPANY, a Delaware corporation ("Century"), CENTURY ALUMINUM OF SOUTH CAROLINA, INC. (successor in interest to Berkeley Aluminum, Inc.), a Delaware corporation ("Century South Carolina"), CENTURY ALUMINUM OF KENTUCKY GENERAL PARTNERSHIP, a Kentucky general partnership ("Century of Kentucky GP"), NSA GENERAL PARTNERSHIP, a Kentucky general partnership ("NSA"), and CENTURY ALUMINUM SEBREE LLC, a Delaware limited liability company ("Century Sebree"; and together with Century, Century South Carolina, Century of Kentucky GP and NSA, each a "Borrower" and collectively the "Borrowers"). 
WHEREAS, Borrowers, Agent, and Lenders are parties to that certain Second Amended and Restated Loan and Security Agreement dated as of May 16, 2018 (as amended, modified or supplemented from time to time, the "Loan Agreement"); and
WHEREAS, Borrowers, Agent and Lenders have agreed to amend the Loan Agreement to exercise a portion of the Uncommitted Facility Increase in accordance with Section 1.3 of the Loan Agreement in the amount of $45,000,000 such that, after giving effect thereto, the Revolving Credit Maximum Amount and related aggregate Revolving Loan Commitments shall be increased from $175,000,000 to $220,000,000, subject to the terms and conditions contained herein.
NOW THEREFORE, in consideration of the premises and mutual agreements herein contained, the parties hereto agree as follows:
1.Defined Terms.  Unless otherwise defined herein, capitalized terms used herein shall have the meanings ascribed to such terms in the Loan Agreement.
2.Amendments to Loan Agreement.  Subject to the satisfaction of the conditions set forth in Section 4 below and in reliance upon the representations and warranties of Borrowers set forth in Section 5 below, the Loan Agreement is hereby amended as follows: 
(a)Appendix A of the Loan Agreement is hereby amended to insert the following new defined term in its appropriate alphabetical order:
 Third Amendment Effective Date – December 23, 2021.
(b)The defined terms "Revolving Credit Maximum Amount" and "Revolving Loan Commitment" set forth in Appendix A of the Loan Agreement are each hereby amended and restated in its entirety as follows:
Revolving Credit Maximum Amount – $220,000,000 as of the Third Amendment Effective Date, as such amount may be increased or reduced from time to time pursuant to the terms of the Agreement.
Revolving Loan Commitment – with respect to any Lender, the amount of such Lender's Revolving Loan Commitment pursuant to subsection 1.1.1 of the Agreement, as set forth on Schedule C-1 (as of the Third Amendment 

Effective Date) or any Assignment and Acceptance Agreement executed by such Lender.
(c)A new Schedule C-1 (Revolving Loan Commitments) to the Loan Agreement is hereby added in the form attached hereto as Schedule C-1. 
3.Ratification; Other Agreements;.  
(a)This Amendment, subject to satisfaction of the conditions provided below, shall constitute an amendment to the Loan Agreement and all of the Loan Documents as appropriate to express the agreements contained herein.  In all other respects, the Loan Agreement and the Loan Documents shall remain unchanged and in full force and effect in accordance with their original terms.
(b)Upon and after the execution of this Amendment by each of the parties hereto, each reference in the Loan Agreement to "this Agreement", "hereunder", "hereof" or words of like import referring to the Loan Agreement, and each reference in the other Loan Documents to "the Loan Agreement", "thereunder", "thereof" or words of like import referring to the Loan Agreement, shall mean and be a reference to the Loan Agreement as modified hereby.  This Amendment shall constitute a Loan Document.
(c) The execution, delivery and effectiveness of this Amendment shall not, except as expressly provided herein, operate as a waiver of any right, power or remedy of any Lender or the Agent under any of the Loan Documents.
(d)This Amendment constitutes an exercise of the Uncommitted Facility Increase option in accordance with Section 1.3 of the Loan Agreement.  After giving effect to this Amendment, each Borrower hereby acknowledges and agrees that a portion of the Uncommitted Facility Increase under Section 1.3 of the Loan Agreement in the amount of $45,000,000 shall be fully-utilized and Borrowers shall have no further right to request additional increases in the Revolving Credit Maximum Amount and the aggregate Revolving Loan Commitments under Section 1.3 of the Loan Agreement with respect to the portion of the Uncommitted Facility Increase exercised under this Amendment.  Agent hereby acknowledges and agrees that notice of the Uncommitted Facility Increase contemplated by this Amendment was given by Borrower Representative in accordance with Section 1.3.1 of the Loan Agreement.
4.Conditions to Effectiveness.  This Amendment shall become effective as of the date hereof and upon the satisfaction of the following conditions precedent:
(a)Agent shall have received a copy of this Amendment executed by each Borrower, Agent, Issuing Lender, Majority Lenders and each Lender participating in the increase to the Uncommitted Facility Increase contemplated by this Amendment, together with the consent and reaffirmation attached hereto executed by each Guarantor and each other document and deliverable set forth on the Closing Checklist attached hereto as Exhibit A; 
(b)no Default or Event of Default shall exist on the date hereof or as of the date of the effectiveness of this Amendment; and
(c)Borrowers shall have paid all fees (including the Amendment Fee (as defined below)), costs and expenses due and payable as of the date hereof under the Loan Agreement and the other Loan Documents (including, without limitation, the Fee Letter).
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5.Representations and Warranties.  In order to induce Agent and Lenders to enter into this Amendment, each Borrower hereby represents and warrants to Agent and Lenders, after giving effect to this Amendment:
(a)the representations and warranties set forth in each of the Loan Documents are true and correct in all respects on and as of the Closing Date and on and as of the date hereof with the same effect as though made on and as of the date hereof (except to the extent such representations and warranties by their terms expressly relate to an earlier date, in which case such representations and warranties shall have been true and correct, in all respects, as of such earlier date); 
(b)no Default or Event of Default exists; and
(c)the execution, delivery and performance of this Amendment has been duly authorized by all requisite corporate or other relevant action on the part of such Borrower.
6.Miscellaneous.
(a)Expenses.  Borrowers agree to pay on demand all reasonable and documented out-of-pocket costs and expenses of Agent (including legal fees and expenses of outside counsel for Agent) in connection with the preparation, negotiation, execution, delivery and administration of this Amendment and all other instruments or documents provided for herein or delivered or to be delivered hereunder or in connection herewith.  All obligations provided in this Section 6(a) shall survive any termination of this Amendment and the Loan Agreement as amended hereby.
(b)Governing Law.  This Amendment shall be a contract made under and governed by the internal laws of the State of New York.
(c)Disclaimer. Without prejudice to any other provision of this Agreement, each Party acknowledges and agrees for the benefit of each of the other Parties: (a) the LIBOR Rate (i) may be subject to methodological or other changes which could affect its value and/or (ii) may be permanently discontinued; and (b) the occurrence of any of the aforementioned events and may have adverse consequences which may materially impact the economics of the financing transactions contemplated under this Agreement.
(d)Counterparts.  This Amendment may be executed in any number of counterparts, and by the parties hereto on the same or separate counterparts, and each such counterpart, when executed and delivered, shall be deemed to be an original, but all such counterparts shall together constitute but one and the same Amendment.  Any signature to this agreement may be delivered by facsimile, electronic mail (including pdf) or any electronic signature complying with the U.S. federal ESIGN Act of 2000 or the New York Electronic Signature and Records Act or other transmission method and any counterpart so delivered shall be deemed to have been duly and validly delivered and be valid and effective for all purposes to the fullest extent permitted by applicable law. Each of the parties hereto represents and warrants to the other parties that it has the corporate capacity and authority to execute this Amendment through electronic means and there are no restrictions for doing so in that party’s constitutive documents.
(e)Amendment Fee.  As consideration for the agreements contemplated by this Amendment, Borrowers hereby agree to pay to Agent an amendment fee (the "Amendment Fee") equal to fifteen (15) basis points of the aggregate increase to the Revolving Loan Commitments contemplated by this Amendment (i.e. an amount equal to $67,500), for the 
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ratable benefit of each Lender increasing its Revolving Loan Commitment pursuant to this Amendment, which Amendment Fee shall be fully-earned and non-refundable when paid.
[Signature Pages Follow]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed by their respective officers thereunto duly authorized and delivered as of the date first above written.

			
	BORROWERS:

CENTURY ALUMINUM COMPANY

By: /s/ John DeZee    
Name: John DeZee    
Title: Executive Vice President, General Counsel and Secretary

			
	CENTURY ALUMINUM OF SOUTH CAROLINA, INC. (successor in interest to Berkeley Aluminum, Inc.)

By: /s/ John DeZee    
    Name: John DeZee    
    Title: President     

			
	CENTURY ALUMINUM OF KENTUCKY GENERAL PARTNERSHIP

By:    METALSCO LLC, its Managing Partner

By: /s/ John DeZee    
    Name: John DeZee    
    Title: President     

			
	NSA GENERAL PARTNERSHIP

By:    CENTURY KENTUCKY, INC.,
    its Managing Partner
By: /s/ John DeZee    
    Name: John DeZee    
    Title: President    

    
Signature Page to Amendment No. 3 to Second Amended and Restated Loan and Security Agreement

			
	CENTURY ALUMINUM SEBREE LLC
By: /s/ John DeZee    
    Name: John DeZee    
    Title:  President     

Signature Page to Amendment No. 3 to Second Amended and Restated Loan and Security Agreement

			
	AGENT AND LENDERS:

WELLS FARGO CAPITAL FINANCE, LLC,
as Agent, as Issuing Lender and as a Lender

By: /s/ Brandi Petrucci    
    Name: Brandi Petrucci    
    Title: Authorized Signatory, Director    

Signature Page to Amendment No. 3 to Second Amended and Restated Loan and Security Agreement

			
	CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH, as a Lender

By: /s/ Lingzi Huang    
    Name: Lingzi Huang    
    Title: Authorized Signatory    

By: /s/ Cassandra Droogan    
    Name: Cassandra Droogan    
    Title: Authorized Signatory         

Signature Page to Amendment No. 3 to Second Amended and Restated Loan and Security Agreement

BANK OF AMERICA, N.A., as a Lender

By:  /s/ Andrew J. Heinz
    
    Name: Andrew J. Heinz    
    Title: Senior Vice President    
Signature Page to Amendment No. 3 to Second Amended and Restated Loan and Security Agreement

CONSENT AND REAFFIRMATION

Each of the undersigned (collectively, the "Guarantors") hereby (i) acknowledges receipt of a copy of the foregoing Amendment No. 3 to Second Amended and Restated Credit Agreement (the "Amendment"; terms defined therein and used, but not otherwise defined, herein shall have the meanings assigned to them therein); (ii) consents to each Borrower's execution and delivery thereof; (iii) acknowledges and agrees to the terms of the Amendment as if it were a signatory thereto; and (iv) except as specifically provided therein, affirms that nothing contained therein shall modify in any respect whatsoever its respective guaranty of the obligations of each Borrower to Agent and Lenders pursuant to the terms of the Guaranty Agreements executed in favor of Agent and Lenders, and reaffirms that each Guaranty Agreement is and shall continue to remain in full force and effect.  Although Guarantors have been informed of the matters set forth herein and have acknowledged and agreed to same, each Guarantor understands that Agent and Lenders have no obligation to inform Guarantors of such matters in the future or to seek any Guarantor’s acknowledgment or agreement to future amendments or waivers, and nothing herein shall create such a duty.
[signature page follows]

			
	METALSCO, LLC, 
a Georgia limited liability company

By: /s/ John DeZee    
Name:  John DeZee    
Title: President    

	SKYLINER, LLC, 
a Delaware limited liability company

By: /s/ John DeZee    
Name: John DeZee    
Title: President    

	CENTURY KENTUCKY, INC., 
a Delaware corporation

By: /s/ John DeZee    
Name: John DeZee    
Title: President    

	CENTURY MARKETER LLC, 
a Delaware limited liability company

By: /s/ John DeZee    
Name:  John DeZee    
Title: President    

Signature Page to Consent and Reaffirmation

Schedule C-1

 Revolving Loan Commitments

									
	Lender	Revolving Loan Commitment	Revolving Loan Percentage
	Wells Fargo Capital Finance, LLC	$120,000,000.00
	54.6%
	Bank of America, N.A.	$40,000,000.00
	18.2%
	Credit Suisse AG, Cayman Islands Branch	$35,000,000.00
	15.9%
	BNP Paribas	$25,000,000.00
	11.3%
	  Total
	$220,000,000.00
	100.0%

EXHIBIT A

Closing Checklist

(attached)

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