Document:

EX-10.1

 

Exhibit 10 (1)

AMENDMENT NO. 1 TO AMENDED AND RESTATED LOAN AGREEMENT

     This AMENDMENT NO. 1 TO AMENDED AND RESTATED LOAN AGREEMENT (this “Agreement”) is entered into
and effective as of June 16, 2006, by and among Layne Christensen Company, a Delaware corporation
(Borrower) and LaSalle Bank National Association (LaSalle), as
Administrative Agent, and LaSalle and the other lenders a party hereto, as Lenders.

Recitals:

	A.	 	Borrower, Administrative Agent and Lenders are party to that certain Amended and Restated
Loan Agreement dated as of September 28, 2005 (the “Original Loan Agreement”).
	 
	B.	 	Administrative Agent, the Required Lenders and Borrower have agreed to the provisions set
forth herein on the terms and conditions contained herein.

Agreement

     Therefore, in consideration of the mutual agreements herein and other sufficient
consideration, the receipt of which is hereby acknowledged, Borrower, Administrative Agent and the
Required Lenders hereby agree as follows:

1. Definitions. All references to the “Agreement” or the “Loan Agreement” in the Original Loan
Agreement, any of the other Loan Documents, and in this Agreement shall be deemed to be references
to the Original Loan Agreement as it may be amended, restated, extended, renewed, replaced, or
otherwise modified from time to time. Capitalized terms used and not otherwise defined herein have
the meanings given them in the Original Loan Agreement.

2. Effectiveness of Agreement. This Agreement shall become effective as of June 16, 2006, but only
if this Agreement has been executed by Borrower, Administrative Agent and the Required Lenders, and
only if all of the documents listed on Exhibit A to this Agreement have been delivered and,
as applicable, executed, sealed, attested, acknowledged, certified, or authenticated, each in form
and substance satisfactory to Administrative Agent and the Required Lenders.

3. Waiver and Consent.

     3.1. Borrower has notified Administrative Agent that Borrower intends to acquire
substantially all of the capital stock of Collector Wells International, Inc., an Ohio corporation
and its wholly-owned Subsidiary, International Water Consultants, Inc., an Ohio corporation
(collectively, “Collector Wells”) for approximately $4,500,000, such purchase price being subject
to a working capital adjustment and a possible earn-out payment (the “Collector Wells
Transaction”).

     3.2. Borrower has notified Administrative Agent that for the twelve month period ended on the
last day of the calendar month most recently ended, Collector Wells has not had consolidated EBITDA
greater than zero Dollars. Section 13.6(iv) of the Original Loan Agreement requires, as a condition
for any Permitted Acquisition, that the Target have a positive EBITDA for the twelve month period
ended on the last day of the calendar month most recently ended.

     3.3. Borrower has not provided all the projections regarding the Collector Wells Transaction
as required by Section 13.6(xi) at least 20 days prior to the closing of the Collector Wells
Transaction.

 

 

     3.4. Administrative Agent and the Required Lenders hereby waive the applicability of Section
13.6(iv) to the Collector Wells Transaction.

     3.5. Administrative Agent and the Required Lenders hereby waive the applicability of Section
13.6(xi) to the Collector Wells Transaction.

     3.6. The waivers contained in this Section 3 are specific in intent and are valid only for
the specific purpose for which given. Nothing contained herein obligates Administrative Agent or
any Lender to agree to any additional waivers of any provisions of any of the Loan Documents,
including but not limited to Section 13.6. The waivers contained in this Section shall not operate
as a waiver of Administrative Agent’s or any Lender’s right to exercise remedies resulting from any
other Defaults or Events of Default, whether or not of a similar nature and whether or not known to
Administrative Agent or any Lender.

     3.7. The covenant contained in the Agreement of Indemnity governing the surety bonds listed
on Exhibit 14.1 to the Original Loan Agreement purportedly granting a Security Interest in
the assets of Collector Wells shall not, subject to all other terms and provisions of the Original
Loan Agreement, including, without limitation, Sections 13.2 and 13.5 Original Loan Agreement,
implicate the Section 13.20 of the Original Loan Agreement.

4. Amendments.

     4.1. Indebtedness. Section 13.2.4. is deleted and replaced with the following:

“13.2.4. Excluding any Hedge Obligations, the Loan Obligations and the Term Indebtedness,
Priority Indebtedness up to (I) for all periods prior to September 1, 2008, the greater of
(A) 10% of Tangible Net Worth as calculated as of any date, and (B) $12,000,000, and (II)
for all periods from and after September 1, 2008, 10% of Tangible Net Worth as calculated as
of any date.”

     4.2. Security Interests. The last paragraph of Section 13.5 is deleted and replaced with the
following:

“At no time shall Borrower or any Covered Person allow to exist on or against its assets any
financing statements, mortgages or similar documents, except as permitted by this Agreement,
and except for the surety bonds listed on Exhibit 14.1 hereto.”

     4.3. Total Funded Debt. The definition of Total Funded Debt in Section 14.1 is deleted and
replaced with the following:

“Total Funded Indebtedness means the outstanding principal balance of the Loan
Obligations (excluding the Letter of Credit Exposure), other Indebtedness for borrowed money
including without limitation the Term Indebtedness, and the initial capitalized cost of
assets subject to Capital Leases at the time of calculation; provided, however for
clarification the foregoing, for purposes of this definition only does include: (i)
excluding the surety bonds listed on Exhibit 14.1 hereto, Indebtedness secured by
any Security Interest (other than Security Interests permitted by Section 13.5.8) existing
on property owned subject to such Security Interest, whether or not the Indebtedness secured
thereby shall have been assumed; (ii) Indirect Obligations (other than endorsement of
negotiable instruments for collection in the ordinary course of business) and other
contractual commitments (whether direct or indirect in connection with obligations, stock or
dividends of any person) including, without limitation, liabilities in respect of letters of
credit or instruments serving a similar function issued or accepted for such
Person’s account by banks or

2

 

other financial institutions, but only in respect of and to the extent of payments made
under such letters of credit or instruments by the issuers thereof; (iii) mandatory
redeemable preferred stock; (iv) Hedge Obligations, (v) unfunded pension liabilities; (vi)
preferred stock of Subsidiaries held by third parties; and (vii) the outstanding balance of
the purchase price of uncollected Accounts subject at such time to a sale of receivables or
other similar transaction, regardless of whether such transaction is effected without
recourse or in a manner which would not be reflected on the balance sheet in accordance with
GAAP; and provided further, however for clarification, the foregoing, for purposes of this
definition only, does not include: items of contingency reserves, accrued insurance expense,
minority interest, pension liabilities (other than unfunded pension liabilities), reserves
for deferred income taxes, ordinary course trade accounts payable and accrued expenses shown
as current liabilities on the Financial Statements.”

5. Representations and Warranties of Borrower. Borrower hereby represents and warrants to
Administrative Agent and the Lenders that (i) Borrower’s execution of this Agreement has been duly
authorized by all requisite action of Borrower; (ii) no consents are necessary from any third
parties for Borrower’s execution, delivery or performance of this Agreement, (iii) this Agreement,
the Loan Agreement, and each of the other Loan Documents, constitute the legal, valid and binding
obligations of Borrower enforceable against Borrower in accordance with their terms, except to the
extent that the enforceability thereof against Borrower may be limited by bankruptcy, insolvency or
other laws affecting the enforceability of creditors rights generally or by equity principles of
general application, (iv) except as disclosed on the supplemental disclosure schedule attached
hereto as Exhibit B, the disclosure schedule attached to the Original Loan Agreement, and
as disclosed by the terms of any amendments, consents or waivers signed by Administrative Agent and
the Lenders prior to the date hereof, all of the representations and warranties contained in
Section 10 of the Loan Agreement are true and correct with the same force and effect as if made on
and as of the date of this Agreement, and (v) after giving effect to this Agreement, there is no
Existing Default.

6. Effect of Amendment. Except as set forth in Section 3 hereof, the execution, delivery and
effectiveness of this Agreement shall not operate as a waiver of any right, power or remedy of
Administrative Agent or any Lender under the Original Loan Agreement or any of the other Loan
Documents, nor constitute a waiver of any provision of the Original Loan Agreement, any of the
other Loan Documents or any existing Default or Event of Default, nor, except as set forth in
Section 4 hereof, be or be construed or deemed to be, an amendment or modification of any provision
of the Original Loan Agreement or the other Loan Documents.

7. Reaffirmation. Borrower hereby represents, warrants, acknowledges and confirms that (i) the Loan
Agreement and the other Loan Documents remain in full force and effect, (ii) Borrower has no
defenses to its obligations under the Loan Agreement and the other Loan Documents, and (iii)
Borrower has no claim against Administrative Agent or any Lender arising from or in connection with
the Loan Agreement or the other Loan Documents and hereby waives, releases and discharges forever
any claims the Borrower may have against Administrative Agent or any Lender arising on or prior to
the date hereof.

8. Governing Law. This Agreement has been executed and delivered in Chicago, Illinois, and shall be
governed by and construed under the laws of the State of Illinois without giving effect to choice
or conflicts of law principles thereunder.

9. Section Titles. The section titles in this Agreement are for convenience of reference only and
shall not be construed so as to modify any provisions of this Agreement.

10. Counterparts; Facsimile Transmissions. This Agreement may be executed in one or more
counterparts and on separate counterparts, each of which shall be deemed an original, but all of
which

3

 

together shall constitute one and the same instrument. Signatures to this Agreement may be given by
facsimile or other electronic transmission, and such signatures shall be fully binding on the party
sending the same.

11. Patriot Act Notice. Administrative Agent, each Lender and LaSalle (for itself and not on
behalf of any other party) hereby notifies each Borrower, each Guarantor, each other Covered
Person and each of their Subsidiaries that, pursuant to the requirements of the USA Patriot Act,
Title III of Pub. L. 107-56, signed into law October 26, 2001 (the “Act”), it is required to
obtain, verify and record information that identifies each Borrower, each Guarantor, each other
Covered Person and each of their Subsidiaries, which information includes the name and address of
the Borrower, each Guarantor, each other Covered Person and each of their Subsidiaries and other
information that will allow Administrative Agent, such Lender or LaSalle, as applicable, to
identify the Borrower, each Guarantor, each other Covered Person and each of their Subsidiaries in
accordance with the Act.

12. Incorporation By Reference. Administrative Agent, Required Lenders and Borrower hereby agree
that all of the terms of the Loan Documents are incorporated in and made a part of this Agreement
by this reference.

13. Statutory Notice — Insurance.

The following notice is given pursuant to Section 10 of the Collateral Protection Act set forth in
Chapter 815 Section 180/1 of the Illinois Compiled Statutes (1996); nothing contained in such
notice shall be deemed to limit or modify the terms of the Loan Documents:

UNLESS YOU PROVIDE EVIDENCE OF THE INSURANCE COVERAGE REQUIRED BY YOUR AGREEMENT WITH US,
WE MAY PURCHASE INSURANCE AT YOUR EXPENSE TO PROTECT OUR INTERESTS IN YOUR COLLATERAL. THIS
INSURANCE MAY, BUT NEED NOT, PROTECT YOUR INTERESTS. THE COVERAGE THAT WE PURCHASE MAY NOT
PAY ANY CLAIM THAT YOU MAKE OR ANY CLAIM THAT IS MADE AGAINST YOU IN CONNECTION WITH THE
COLLATERAL. YOU MAY LATER CANCEL ANY INSURANCE PURCHASED BY US, BUT ONLY AFTER PROVIDING
EVIDENCE THAT YOU HAVE OBTAINED INSURANCE AS REQUIRED BY OUR AGREEMENT. IF WE PURCHASE
INSURANCE FOR THE COLLATERAL, YOU WILL BE RESPONSIBLE FOR THE COSTS OF THAT INSURANCE,
INCLUDING THE INSURANCE PREMIUM, INTEREST AND ANY OTHER CHARGES WE MAY IMPOSE IN CONNECTION
WITH THE PLACEMENT OF THH; INSURANCE, UNTIL THE EFFECTIVE DATE OF THE CANCELLATION OR
EXPIRATION OF THE INSURANCE. THE COSTS OF THE INSURANCE MAY BE ADDED TO YOUR TOTAL
OUTSTANDING BALANCE OR OBLIGATION. THE COSTS OF THE INSURANCE MAY BE MORE THAN THE COST OF
INSURANCE YOU MAY BE ABLE TO OBTAIN ON YOUR OWN.

14. Statutory Notice  — Oral Commitments. Nothing contained in the following notice shall be
deemed to limit or modify the terms of the Loan Documents:

ORAL AGREEMENTS OR COMMITMENTS TO LOAN MONEY, EXTEND CREDIT OR TO FORBEAR FROM ENFORCING
REPAYMENT OF A DEBT INCLUDING PROMISES TO EXTEND OR RENEW SUCH DEBT ARE NOT ENFORCEABLE. TO
PROTECT YOU (BORROWER) AND US (CREDITOR) FROM MISUNDERSTANDING OR DISAPPOINTMENT, ANY
AGREEMENTS WE REACH COVERING SUCH MATTERS ARE CONTAINED IN THIS WRITING, WHICH IS THE
COMPLETE AND

4

 

EXCLUSIVE STATEMENT OF THE AGREEMENT BETWEEN US, EXCEPT AS WE MAY LATER AGREE IN WRITING TO
MODIFY IT.

Borrower acknowledges that there are no other agreements between Administrative Agent, Lenders, and
Borrower, oral or written, concerning the subject matter of the Loan Documents, and that all prior
agreements concerning the same subject matter, including any proposal or commitment letter, are
merged into the Loan Documents and thereby extinguished.

{remainder of page intentionally left blank signature pages follow]

5

 

     IN WITNESS WHEREOF, this Agreement has been duly executed as of the date first above written.

	 	 	 	 	 
	 	 	LAYNE CHRISTENSEN COMPANY, A Delaware corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President—Finance
	 
	 	 	 	 
	 	 	LASALLE BANK NATIONAL ASSOCIATION,
	 	 	as Administrative Agent and as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ James C. Binz
	 

	 	 	 	 
	 

	 	Name:
	 	James C. Binz
	 

	 	Title:
	 	Senior Vice President
	 
	 	 	 	 
	 	 	NATIONAL BANK OF INDIANA,
	 	 	as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Tracy J. Venable
	 

	 	 	 	 
	 

	 	Name:
	 	Tracy J. Venable
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	HARRIS N.A.
	 	 	as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Joann L. Holman
	 

	 	 	 	 
	 

	 	Name:
	 	Joann L. Holman
	 

	 	Title:
	 	Director
	 
	 	 	 	 
	 	 	ALLIED IRISH BANKS, P.L.C.
	 	 	as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Margaret Brennan, /s/ Gregory J. Wiske
	 

	 	 	 	 
	 

	 	Name:
	 	Margaret Brennan             Gregory J. Wiske
	 

	 	Title:
	 	Senior Vice President        Vice President
	 
	 	 	 	 
	 	 	FIRST BANK
	 	 	as a Lender
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Traci L. Dodson
	 

	 	 	 	 
	 

	 	Name:
	 	Traci L. Dodson
	 

	 	Title:	 	 

6

 

	 	 	 	 	 
	 	 	Unconditionally Acknowledged and Agreed to as of the
first date written above
	 
	 	 	 	 
	 	 	BOYLES BROS. DRILLING COMPANY,
	 	 	a Utah corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	CHRISTENSEN BOYLES CORPORATION,
	 	 	a Delaware corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	INTERNATIONAL DIRECTIONAL SERVICES, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE TEXAS, INCORPORATED,
	 	 	a Delaware corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	MID-CONTINENT DRILLING COMPANY,
	 	 	a Delaware corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President

7

 

	 	 	 	 	 
	 	 	SHAWNEE OIL & GAS, L.L.C.,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	STAMM-SCHEELE INCORPORATED,
	 	 	a Louisiana corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	TOLEDO OIL & GAS SERVICES, INC.,
	 	 	a Louisiana corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	VIBRATION TECHNOLOGY, INC.
	 	 	a Delaware corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE DRILLING PTY LTD,
	 	 	an Australian company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Director

8

 

	 	 	 	 	 
	 	 	LAYNE CHRISTENSEN AUSTRALIA PTY LTD,
	 	 	an Australian company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Director
	 
	 	 	 	 
	 	 	STANLEY MINING SERVICES PTY LTD,
	 	 	an Australian company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Director
	 
	 	 	 	 
	 	 	SMS HOLDINGS PTY LTD,
	 	 	an Australian company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Director
	 
	 	 	 	 
	 	 	WEST AFRICAN HOLDINGS PTY LTD,
	 	 	an Australian company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Director
	 
	 	 	 	 
	 	 	WEST AFRICAN DRILLING SERVICES PTY LTD,
	 	 	an Australian company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Director
	 
	 	 	 	 
	 	 	WEST AFRICAN DRILLING SERVICES (NO. 2) PTY LTD, an
Australian company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Director

9

 

	 	 	 	 	 
	 	 	LAYNE ENERGY, INC., a Delaware corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY CHERRYVALE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY CHERRYVALE PIPELINE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY DAWSON, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY DAWSON PIPELINE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY ILLINOIS, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President

10

 

	 	 	 	 	 
	 	 	LAYNE ENERGY ILLINOIS PIPELINE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY MARKETING, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY OPERATING, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY OSAGE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY PIPELINE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY PRODUCTION, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President

11

 

	 	 	 	 	 
	 	 	LAYNE ENERGY RESOURCES, INC.
	 	 	a Delaware corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY SYCAMORE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE ENERGY SYCAMORE PIPELINE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LAYNE WATER DEVELOPMENT AND

STORAGE, LLC,
	 	 	a Delaware limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	CHERRYVALE PIPELINE, LLC,
	 	 	a Kansas limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	REYNOLDS, INC.,
	 	 	an Indiana corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President

12

 

	 	 	 	 	 
	 	 	INLINER TECHNOLOGIES, LLC,
	 	 	an Indiana limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	LINER PRODUCTS, LLC,
	 	 	an Indiana limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	REYNOLDS INLINER, LLC,
	 	 	an Indiana limited liability company
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President
	 
	 	 	 	 
	 	 	REYNOLDS TRANSPORT CO.,
	 	 	an Indiana corporation
	 
	 	 	 	 
	 

	 	By:
	 	/s/ Jerry W. Fanska
	 

	 	 	 	 
	 

	 	Name:
	 	Jerry W. Fanska
	 

	 	Title:
	 	Vice President

13EX-10.2

 

Exhibit 10 (2)

EXECUTION VERSION

LETTER AMENDMENT NO.3

TO

MASTER SHELF AGREEMENT

June 16, 2006

Prudential Investment Management, Inc.

The Prudential Insurance Company of America

Pruco Life Insurance Company

Security Life of Denver Insurance Company

American Skandia Life Assurance Corporation

Prudential Retirement Insurance and Annuity Company

Time Insurance Company (f/k/a Fortis Insurance Company)

American Memorial Life Insurance Company

Physicians Mutual Insurance Company

c/o Prudential Capital Group

2200 Ross Avenue, Suite 4200E

Dallas, Texas 75201

Ladies and Gentlemen:

     We refer to the Master Shelf Agreement dated as of July 31, 2003 and amended by Letter
Amendment No. 1 to Master Shelf Agreement dated May 15, 2004 and Amendment No. 2 to Master Shelf
Agreement dated September 28, 2005 (as amended, the “Agreement”) among Layne Christensen Company
(the “Company”), Prudential Investment Management, Inc., The Prudential Insurance Company of
America, Pruco Life Insurance Company, Security Life of Denver Insurance Company, American
Skandia Life Assurance Corporation, Prudential Retirement Insurance and Annuity Company, Time
Insurance Company (f/k/a Fortis Insurance Company), American Memorial Life Insurance Company and
Physicians Mutual Insurance Company. Unless otherwise defined herein, the terms defined in the
Agreement shall be used herein as therein defined.

     The Company desires to amend the Agreement as set forth below, and Prudential and the
Purchasers are willing to agree to such amendments, upon and subject to the terms and conditions
set forth herein.

     Therefore, for good and valuable consideration, it is hereby agreed by you and us
as follows:

     1. Amendments to the Agreement. Subject to the accuracy of the representations and warranties set
forth in paragraph 2 hereof and satisfaction of the conditions set forth

 

 

in paragraph 3 hereof, the undersigned holders of the Notes hereby agree with the Company to
amend, effective as of the date first above written, the Agreement as follows:

     (a) Paragraph 6. NEGATIVE COVENANTS. Paragraph 6 of the Agreement is amended by:

     (I) amending Paragraph 6A(4) in its entirety as follows:

“6A(4). Priority Debt. The Company will not permit Priority Debt to exceed (i)
for all periods prior to September 1, 2008, the greater of (a) 10% of Tangible
Net Worth as calculated as of any date, and (b) $12,000,000, and (ii) for all
periods from and after September 1, 2008, 10% of Tangible Net Worth as calculated
as of any date.”

     (II) in Paragraph 6B(1), (A) deleting “and” at the end of clause (x) thereof, (B)
deleting the existing clause (xi), and (D) adding the following new clauses (xi) and
(xii) thereto:

“(xi) surety bonds listed on Exhibit A attached to the Third Amendment; and

(xii) Liens other than those described in clauses (i) — (xi) above that secure
Indebtedness (other than Indebtedness under the Bank Agreement); provided
that after granting such Lien the Company is in compliance with paragraph 6(A).”

     (b) Paragraph 10B. Other Terms. Paragraph 10B of the Agreement is amended to:

     (I) add the following definition of “Third Amendment” in alphabetical order:

“Third Amendment shall mean that certain Letter Amendment No. 3 to Master Shelf
Agreement dated as of June 16, 2006.”

     (II) amend the definition of “Indebtedness” by adding, at the end thereof, the
following:

“For purposes of calculating the financial covenants pursuant to paragraph 6, the
surety bonds listed on Exhibit A to the Third Amendment shall not be considered
Indebtedness.”

-2-

 

2. Representations and Warranties. In order to induce Prudential and the Purchasers to enter into
this Amendment, the Company hereby represents and warrants as follows:

     (a) No Defaults. No Default or Event of Default exists under the Agreement, the Notes as
amended by the Note Amendments, the Subsidiary Guaranty Agreement or any other agreement or
instrument executed in connection therewith and no default or event of default exists under the
Bank Agreement, any agreement or instrument executed in connection therewith or any other
material contract or agreement to which the Company or any of the Subsidiary Guarantors is a
party, and, to the Company’s knowledge, no such default or event of default is imminent.

     (b) Representations and Warranties. The representations and warranties of the Company and
the Subsidiary Guarantors set forth in the Agreement and the Subsidiary Guaranty Agreement are
true and correct on and as of the date hereof, both before and after giving effect to the
effectiveness of this Amendment (except to the extent such representations and warranties
expressly are limited to an earlier date, in which such representations and warranties are true
and correct on and as of such earlier date).

3. Effectiveness. The effectiveness of this Letter Amendment is contingent on Prudential and the
Purchasers having received:

	 	(i)	 	duly executed counterparts of this Letter Amendment from all parties hereto;
	 
	 	(ii)	 	satisfactory written evidence of the consent to the execution and delivery
of this Letter Amendment by the Subsidiary Guarantors;
	 
	 	(iii)	 	satisfactory written evidence of the consent to the execution and delivery
of this Letter Amendment by the Company’s senior lenders under the Bank Agreement;
	 
	 	(iv)	 	a Guarantor Supplement duly executed and delivered by Collector Wells
International, Inc. and International Water Consultants, Inc.; and
	 
	 	(v)	 	all documents evidencing other necessary corporate action and governmental
approvals, if any, with respect to the amendments to the Agreement herein contained.

4. Miscellaneous.

     (a) Effect on Agreement. On and after the effective date of this Letter Amendment, each
reference in the Agreement to “this Agreement”, “hereunder”, “hereof’, or words of like import
referring to the Agreement, and each reference in the Notes to “the Agreement”, “thereunder”,
“thereof’, or words of like import referring to the Agreement, shall mean the Agreement as
amended by this Letter Amendment. The Agreement, as amended by this Letter Amendment, is and
shall continue to be in full

-3-

 

force and effect and is hereby in all respects ratified and confirmed. The execution, delivery
and effectiveness of this Letter Amendment shall not, except as expressly provided herein,
operate as a waiver of any right, power or remedy under the Agreement nor constitute a waiver of
any provision of the Agreement.

     (b) Counterparts. This Letter Amendment may be executed in any number of counterparts and
by any combination of the parties hereto in separate counterparts, each of which counterparts
shall be an original and all of which taken together shall constitute one and the same letter
amendment.

     If you agree to the terms and provisions hereof, please evidence your agreement by executing
and returning at least a counterpart of this Letter Amendment to Layne Christensen Company, 1900
Shawnee Mission Parkway, Mission Woods, Kansas 66205, Attention: Vice President — Finance and
Treasurer. This Letter Amendment shall become effective as of the date first above written when
and if counterparts of this Letter Amendment shall have been executed by us and you and the
consent attached hereto shall have been executed by each of the Subsidiary Guarantors.

(Remainder of Page Intentionally Left Blank; Signature Pages Follow)

-4-

 

	 	 	 	 	 
	 	Very truly yours, 

LAYNE CHRISTENSEN COMPANY 

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Senior Vice President 	 
	 

Agreed as of the date first above written:

	 	 	 	 	 
	PRUDENTIAL INVESTMENT MANAGEMENT, INC.	 	 
	 
	 	 	 	 
	By:

	 	/s/ BL       /s/ WHB	 	 
	 

	 	 

Vice President
	 	 
	 
	 	 	 	 
	THE PRUDENTIAL INSURANCE COMPANY OF AMERICA	 	 
	 
	 	 	 	 
	By:

	 	/s/ BL       /s/ WHB	 	 
	 

	 	 

Vice President
	 	 
	 
	 	 	 	 
	PRUCO LIFE INSURANCE COMPANY	 	 
	 
	 	 	 	 
	By:

	 	/s/ BL       /s/ WHB	 	 
	 

	 	 

Vice President
	 	 
	 
	 	 	 	 
	SECURITY LIFE OF DENVER INSURANCE COMPANY	 	 

	 	 	 
	By:

	 	Prudential Private Placement Investors,
	 

	 	L.P. (as Investment Advisor)
	 
	 	 
	By:

	 	Prudential Private Placement Investors, Inc.
	 

	 	(as its General Partner)

	 	 	 	 	 	 	 
	 

	 	By:
	 	/s/ BL       /s/ WHB	 	 
	 

	 	 	 	 

Vice President
	 	 

Signature Page to Letter Amendment No. 3 to Master Shelf Agreement

 

 

	 	 	 	 	 	 	 
	AMERICAN SKANDIA LIFE ASSURANCE CORPORATION	 	 
	 
	 	 	 	 	 	 
	By:	 	Prudential Investment Management, Inc.,	 	 
	 	 	as investment manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ BL       /s/ WHB	 	 
	 

	 	 	 	 

Vice President
	 	 
	 
	 	 	 	 	 	 
	PRUDENTIAL RETIREMENT INSURANCE AND ANNUITY COMPANY	 	 
	 
	 	 	 	 	 	 
	By:	 	Prudential Investment Management, Inc.,	 	 
	 	 	as investment manager	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ BL       /s/ WHB	 	 
	 

	 	 	 	 

Vice President
	 	 
	 
	 	 	 	 	 	 
	TIME INSURANCE COMPANY	 	 
	(F/K/A FORTIS INSURANCE COMPANY)	 	 
	 
	 	 	 	 	 	 
	By:	 	Prudential Private Placement Investors,	 	 
	 	 	LP. (as Investment Advisor)	 	 
	 
	 	 	 	 	 	 
	By:	 	Prudential Private Placement Investors, Inc.	 	 
	 	 	(as its General Partner)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ BL       /s/ WHB	 	 
	 

	 	 	 	 

Vice President
	 	 
	 
	 	 	 	 	 	 
	AMERICAN MEMORIAL LIFE INSURANCE COMPANY)	 	 
	 
	 	 	 	 	 	 
	By:	 	Prudential Private Placement Investors,	 	 
	 	 	LP. (as Investment Advisor)	 	 
	 
	 	 	 	 	 	 
	By:	 	Prudential Private Placement Investors, Inc.	 	 
	 	 	(as its General Partner)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ BL       /s/ WHB	 	 
	 

	 	 	 	 

Vice President
	 	 

Signature Page to Letter Amendment No. 3 to Master Shelf Agreement

 

 

	 	 	 	 	 	 	 
	PHYSICIANS MUTUAL INSURANCE COMPANY	 	 
	By:	 	Prudential Private Placement Investors,	 	 
	 	 	LP. (as Investment Advisor)	 	 
	 
	 	 	 	 	 	 
	By:	 	Prudential Private Placement Investors, Inc.	 	 
	 	 	(as its General Partner)	 	 
	 
	 	 	 	 	 	 
	 

	 	By:
	 	/s/ BL       /s/ WHB	 	 
	 

	 	 	 	 

Vice President
	 	 

Signature Page to Letter Amendment No. 3 to Master Shelf Agreement

 

 

CONSENT

          The undersigned, as Guarantors under the Subsidiary Guaranty Agreement dated as of July 31,
2003 (the “Guaranty”) in favor of the holders from time to time of the Notes issued pursuant to
the Agreement referred to in the foregoing Letter Amendment, hereby consent to said Letter
Amendment and hereby confirm and agree that the Guaranty is, and shall continue to be, in full
force and effect and is hereby confirmed and ratified in all respects except that, upon the
effectiveness of, and on and after the date of, said Letter Amendment, all references in the
Guaranty to the Agreement, “thereunder”, “thereof’, or words of like import referring to the
Agreement shall mean the Agreement as amended by said Letter Amendment.

	 	 	 	 	 
	 	BOYLES BROS. DRILLING COMPANY,

a Utah corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	CHRISTENSEN BOYLES CORPORATION,

a Delaware corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	INTERNATIONAL DIRECTIONAL

SERVICES, LLC, a Delaware limited liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE TEXAS, INCORPORATED, a Delaware corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 
	 	MID-CONTINENT DRILLING COMPANY, a Delaware corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	SHAWNEE OIL & GAS, L.L.C., a Delaware limited liability
company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	STAMM-SCHEELE INCORPORATED, a Louisiana corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	TOLEDO OIL L& GAS SERVICES, INC., a Louisiana

corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	VIBRATION TECHNOLOGY, INC., a Delaware corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE DRILLING PTY LTD, an Australian company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Director 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	LAYNE CHRISTENSEN AUSTRALIA PTY LTD, an Australian
company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Director 	 
	 

	 	 	 	 	 
	 	STANLEY MINING SERVICES PTY LTD,

an Australian company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Director 	 
	 

	 	 	 	 	 
	 	SMS HOLDINGS PTY LTD, an Australian company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Director 	 
	 

	 	 	 	 	 
	 	WEST AFRICAN HOLDINGS PTY LTD, an Australian company
 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Director 	 
	 

	 	 	 	 	 
	 	WEST AFRICAN DRILLING SERVICES PTY LTD, an Australian
company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Director 	 
	 

	 	 	 	 	 
	 	WEST AFRICAN DRILLING SERVICES PTY 
(NO. 2) LTD, an
Australian company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Director 	 
	 

 

 

	 	 	 	 	 
	 	LAYNE ENERGY, INC., a Delaware corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY CHERRYVALE, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY CHERRYVALE PIPELINE, LLC, a Delaware
limited liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY DAWSON, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY DAWSON PIPELINE, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY ILLINOIS, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 

 

 

	 	 	 	 	 

	 	 	 	 	 
	 	LAYNE ENERGY ILLINOIS PIPELINE, LLC,

a Delaware limited liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY MARKETING, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY OPERATING, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY OSAGE, LLC, a Delaware limited liability
company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY PIPELINE, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY PRODUCTION, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

 

 

	 	 	 	 	 
	 	LAYNE ENERGY RESOURCES, INC., a Delaware corporation

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY SYCAMORE, LLC, a Delaware limited
liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE ENERGY SYCAMORE PIPELINE, LLC, a Delaware
limited liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	LAYNE WATER DEVELOPMENT AND

STORAGE, LLC, a Delaware limited liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President 	 
	 

	 	 	 	 	 
	 	CHERRYVALE PIPELINE, LLC, a
Kansas limited

liability company

 	 
	 	By:  	/s/ Jerry W. Fanska
 	 
	 	 	Name:  	Jerry W. Fanska 	 
	 	 	Title:  	Vice President

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