Document:

EX-10.2

 Exhibit 10.2 

First Amendment 
 to 

Third Amended and Restated Credit Agreement 

among 
 Legacy Reserves LP, 

as Borrower, 
 The Guarantors ,

 Wells Fargo Bank, National Association, 

as Administrative Agent, 
 and 

The Lenders Signatory Hereto 

Dated as of April 17, 2014 

Sole Lead Arranger and Sole Book Runner 

Wells Fargo Securities, LLC 

Syndication Agent 
 Compass
Bank 
 Co-Documentation Agents 

UBS Securities LLC 
 and 

U.S. Bank National Association 

 First Amendment to 

Third Amended and Restated Credit Agreement 

This First Amendment to Third Amended and Restated Credit Agreement (this “First Amendment”) dated as of April 17, 2014,
among Legacy Reserves LP, a limited partnership duly formed under the laws of the State of Delaware (the “Borrower”); each of the undersigned guarantors (the “Guarantors”, and together with the Borrower, the
“Obligors”); Wells Fargo Bank, National Association, as administrative agent for the Lenders (in such capacity, together with its successors, the “Administrative Agent”); and the Lenders signatory hereto. 

Recitals 
 A.
     The Borrower, the Administrative Agent and the Lenders are parties to that certain Third Amended and Restated Credit Agreement dated as of April 1, 2014 (the “Credit Agreement”), pursuant to which the
Lenders have made certain credit available to and on behalf of the Borrower. 
 B.      The Guarantors are parties to
that certain Third Amended and Restated Guaranty Agreement dated as of April 1, 2014 made by each of the Guarantors (as defined therein) in favor of the Administrative Agent (the “Guaranty”). 

C.      The Borrower, the Guarantors, the Administrative Agent and the Lenders have agreed to amend certain provisions of
the Credit Agreement as more fully set forth herein. 
 D.      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 First Amendment, shall have the meaning ascribed such term in the Credit Agreement. Unless otherwise indicated, all section references in this First Amendment refer to sections of the Credit Agreement. 

Section 2.      Amendments to Credit Agreement . 

2.1      Amendments to Section 1.02 .      

(a)      The definition of “Agreement” is hereby amended in its entirety to read as follows: 

“Agreement” means this Third Amended and Restated Credit Agreement, as amended by the First Amendment, as the
same may from time to time be amended, modified, supplemented or restated. 
 (b)      The definition of “Available
Cash” is hereby amended in its entirety to read as follows: 
 “Available Cash” means, with respect to
any fiscal month or fiscal quarter ending prior to the Termination Date: 

 (a)      the sum of (i) all cash and cash equivalents of
the Borrower and its Subsidiaries, treated as a single consolidated entity, on hand at the end of such fiscal month or fiscal quarter; and (ii) all additional cash and cash equivalents of the Borrower and its Subsidiaries on hand on the date of
determination of Available Cash with respect to such fiscal month or fiscal quarter resulting from working capital borrowings (including borrowings under this Agreement) made subsequent to the end of such fiscal month or fiscal quarter, less

 (b)      the amount of any cash reserves established by Legacy Reserves GP, LLC as the general partner
of the Borrower to (i) provide for the proper conduct of the business of the Borrower and its Subsidiaries (including reserves for future capital expenditures including drilling and acquisitions and for anticipated future credit needs of the
Borrower and its Subsidiaries), (ii) comply with applicable law or any loan agreement, security agreement, mortgage, debt instrument or other agreement or obligation to which the Borrower or an Affiliate is a party or by which it is bound or its
assets are subject or (iii) provide funds for distributions with respect to any one or more of the next twelve fiscal months or any one or more of the next four fiscal quarters; provided , that disbursements made by the Borrower or its
Subsidiaries or cash reserves established, increased or reduced after the end of such fiscal month or fiscal quarter but on or before the date of determination of Available Cash with respect to such fiscal month or fiscal quarter shall be deemed to
have been made, established, increased or reduced, for purposes of determining Available Cash, within such fiscal month or fiscal quarter if Legacy Reserves GP, LLC as the general partner of the Borrower so determines. 

(c)      The following definition is hereby added where alphabetically appropriate to read as follows: 

        “First Amendment” means that certain First Amendment to Third Amended and
Restated Credit Agreement, dated as of April 17, 2014, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto. 

2.2      Amendment to Section 9.04(a)(iii) . Section 9.04(a)(iii) is hereby amended by
deleting the reference to “quarterly”. 
 Section 3.      Conditions Precedent . This First
Amendment shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 12.02 of the Credit Agreement) (the “First Amendment Effective Date”): 

3.1      The Administrative Agent shall have received from the Majority Lenders, the Borrower and the Guarantors,
counterparts (in such number as may be requested by the Administrative Agent) of this First Amendment signed on behalf of such Person. 

3.2      The Administrative Agent and the Lenders shall have received all fees and other amounts due and payable on or
prior to the First Amendment Effective Date. 
 3.3      The Administrative Agent shall have received a certificate of
the Borrower setting forth the amended Partnership Agreement of the Borrower and certifying the same as being true and complete. 

 3.4      No Default shall have occurred and be continuing as of the First
Amendment Effective Date. 
 3.5      The Administrative Agent shall have received such other documents as the
Administrative Agent or its special counsel may reasonably require. 
 The Administrative Agent is hereby authorized and directed to declare
this First Amendment to be effective when it has received documents confirming or certifying, to the satisfaction of the Administrative Agent, compliance with the conditions set forth in this Section 3 or the waiver of such conditions as
permitted in Section 12.02 of the Credit Agreement. Such declaration shall be final, conclusive and binding upon all parties to the Credit Agreement for all purposes. 

Section 4. Miscellaneous . 

4.1      Confirmation . The provisions of the Credit Agreement, as amended by this First Amendment, shall
remain in full force and effect following the effectiveness of this First Amendment. 
 4.2      Ratification and
Affirmation; Representations and Warranties . Each Obligor hereby (a) acknowledges the terms of this First Amendment; (b) ratifies and affirms its obligations under, and acknowledges its continued liability under, each Loan
Document to which it is a party and agrees that each Loan Document to which it is a party remains in full force and effect as expressly amended hereby; (c) represents and warrants to the Lenders that as of the date hereof, after giving effect
to the terms of this First Amendment: (i) all of the representations and warranties contained in each Loan Document to which it is a party are true and correct, except to the extent any such representations and warranties are expressly limited
to an earlier date, in which case, such representations and warranties shall continue to be true and correct as of such specified earlier date, (ii) no Default or Event of Default has occurred and is continuing and (iii) no event or events
have occurred which individually or in the aggregate could reasonably be expected to have a Material Adverse Effect; and (d) agrees that from and after the First Amendment Effective Date each reference to the Credit Agreement and in the other
Loan Documents shall be deemed to be a reference to the Credit Agreement, as amended by this First Amendment. 
 4.3
     Counterparts . This First Amendment 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 First Amendment by telecopy, facsimile, email or other electronic means shall be effective as delivery of a manually executed counterpart hereof. 

4.4      No Oral Agreement . This First Amendment, 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 subsequent oral agreements between
the parties. 
 4.5      GOVERNING LAW . THIS FIRST AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN
ACCORDANCE WITH, THE LAWS OF THE STATE OF TEXAS. 

 4.6      Payment of Expenses . In accordance with
Section 12.03 of the Credit Agreement, the Borrower agrees to pay or reimburse the Administrative Agent for all of its reasonable out-of-pocket costs and reasonable
expenses incurred in connection with this First Amendment, 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. 
 4.7      Severability . Any provision of this First Amendment 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. 
 4.8     
Successors and Assigns . This First Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 

[SIGNATURES BEGIN NEXT PAGE] 

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

					
	BORROWER:	 	LEGACY RESERVES LP
			
		 	By:	 	Legacy Reserves GP, LLC
		 		 	its general partner
			
		 	By:	 	 /s/ James Daniel Westcott

		 	Name:	 	James Daniel Westcott
		 	Title:	 	Executive Vice President and Chief Financial Officer
		
	GUARANTORS:	 	LEGACY RESERVES OPERATING LP
			
		 	By:	 	Legacy Reserves Operating GP LLC , its general partner
		 	By:	 	Legacy Reserves LP , its sole member
		 	By:	 	Legacy Reserves GP, LLC , its general partner
			
		 	By:	 	 /s/ James Daniel Westcott

		 	Name:	 	James Daniel Westcott
		 	Title:	 	Executive Vice President and Chief Financial Officer
		
		 	LEGACY RESERVES OPERATING GP LLC
			
		 	By:	 	Legacy Reserves LP , its sole member
		 	By:	 	Legacy Reserves GP, LLC , its general partner
			
		 	By:	 	 /s/ James Daniel Westcott

		 	Name:	 	James Daniel Westcott
		 	Title:	 	Executive Vice President and Chief Financial Officer

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	 LEGACY RESERVES SERVICES, INC.

		
	By:	 	 /s/ James Daniel Westcott

	Name:	 	James Daniel Westcott
	Title:	 	Executive Vice President and Chief Financial Officer

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

					
	ADMINISTRATIVE AGENT:	 	WELLS FARGO BANK, NATIONAL ASSOCIATION,
		 	as Administrative Agent and a Lender
			
		 	By:	 	 /s/ Edward Pak

		 	Name:	 	Edward Pak
		 	Title:	 	Director

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

							
	LENDERS:	 		 	COMPASS BANK
				
		 		 	By:	 	 /s/ Ian Payne

		 		 	Name:	 	Ian Payne
		 		 	Title:	 	Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	UBS AG, STAMFORD BRANCH
		
	By:	 	 /s/ Lana Gifas

	Name:	 	Lana Gifas
	Title:	 	Director
		
	By:	 	 /s/ Jennifer Anderson

	Name:	 	Jennifer Anderson
	Title:	 	Associate Director

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	U.S. BANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ Nicholas T. Hanford

	Name:	 	Nicholas T. Hanford
	Title:	 	Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	BANK OF AMERICA, N.A.
		
	By:	 	 /s/ Joseph Scott

	Name:	 	Joseph Scott
	Title:	 	Director

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	ROYAL BANK OF CANADA
		
	By:	 	 /s/ Evans Swann, Jr.

	Name:	 	Evans Swann, Jr.
	Title:	 	Authorized Signatory

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	THE BANK OF NOVA SCOTIA
		
	By:	 	 /s/ Terry Donovan

	Name:	 	Terry Donovan
	Title:	 	Managing Director

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	KEYBANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ John Dravenstott

	Name:	 	John Dravenstott
	Title:	 	Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	UNION BANK, N.A.
		
	By:	 	 /s/ Lara Sorokolit

	Name:	 	Lara Sorokolit
	Title:	 	Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	JPMORGAN CHASE BANK, N.A.
		
	By:	 	 /s/ David Morris

	Name:	 	David Morris
	Title:	 	Authorized Officer

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	BMO HARRIS FINANCING, INC.
		
	By:	 	 /s/ Gumaro Tijerina

	Name:	 	Gumaro Tijerina
	Title:	 	Managing Director

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	BARCLAYS BANK PLC
		
	By:	 	 /s/ Nina Guinchard

	Name:	 	Nina Guinchard
	Title:	 	Assistant Vice Presient

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK
		
	By:	 	 /s/ Michael Willis

	Name:	 	Michael Willis
	Title:	 	Managing Director
		
	By:	 	 /s/ Dixon Schulz

	Name:	 	Dixon Schulz
	Title:	 	Managing Director

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	CITIBANK, N.A.
		
	By:	 	 /s/ Eamon Baqui

	Name:	 	Eamon Baqui
	Title:	 	Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	SOCIETE GENERALE
		
	By:	 	 /s/ David Bornstein

	Name:	 	David Bornstein
	Title:	 	Director

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	BRANCH BANKING AND TRUST COMPANY
		
	By:	 	 /s/ James Giordano

	Name:	 	James Giordano
	Title:	 	Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	WEST TEXAS NATIONAL BANK
		
	By:	 	 /s/ Chris Whigham

	Name:	 	Chris Whigham
	Title:	 	Senior VP

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	SANTANDER BANK, N.A.
		
	By:	 	 /s/ Aidan Lanigan

	Name:	 	Aidan Lanigan
	Title:	 	Senior Vice President
		
	By:	 	 /s/ Gilbert Torres

	Name:	 	Gilbert Torres
	Title:	 	Senior Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit Agreement 

 
			
	TEXAS CAPITAL BANK, N.A.
		
	By:	 	 /s/ Frank K. Stowers

	Name:	 	Frank K. Stowers
	Title:	 	Senior Vice President

 Signature Page 

First Amendment to Third Amended and Restated Credit AgreementEX-10.3

 Exhibit 10.3 

Execution Version 

SECOND AMENDMENT 
 TO 

THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

AMONG 
 LEGACY RESERVES LP, 

as Borrower, 
 THE GUARANTORS, 

WELLS FARGO BANK, NATIONAL ASSOCIATION, 

as Administrative Agent, 
 and 

THE LENDERS SIGNATORY HERETO 

DATED AS OF MAY 22, 2014 

Sole Lead Arranger and Sole Book Runner 

Wells Fargo Securities, LLC 

Syndication Agent 
 Compass
Bank 
 Co-Documentation Agents 

UBS Securities LLC 
 and 

U.S. Bank National Association 

 SECOND AMENDMENT TO 

THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

This SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT (this “Second Amendment”) dated as of May 22, 2014,
among LEGACY RESERVES LP, a limited partnership duly formed under the laws of the State of Delaware (the “Borrower”); each of the undersigned guarantors (the “Guarantors”, and together with the Borrower, the
“Obligors”); WELLS FARGO BANK, NATIONAL ASSOCIATION, as administrative agent for the Lenders (in such capacity, together with its successors, the “Administrative Agent”); and the Lenders signatory hereto. 

Recitals 
 A.
     The Borrower, the Administrative Agent and the Lenders are parties to that certain Third Amended and Restated Credit Agreement dated as of April 1, 2014 (as amended by the First Amendment to Third Amended and Restated
Credit Agreement dated April 17, 2014, the “Credit Agreement”), pursuant to which the Lenders have made certain credit available to and on behalf of the Borrower. 

B.      The Guarantors are parties to that certain Third Amended and Restated Guaranty Agreement dated as of April 1,
2014 made by each of the Guarantors (as defined therein) in favor of the Administrative Agent (the “Guaranty”). 
 C.
     The Borrower, the Guarantors, the Administrative Agent and the Lenders have agreed to amend certain provisions of the Credit Agreement as more fully set forth herein. 

D.      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 Second Amendment, shall have the meaning ascribed such term in the Credit Agreement. Unless
otherwise indicated, all section references in this Second Amendment refer to sections of the Credit Agreement. In addition, as used in this Second Amendment, the following terms shall have the meanings given such terms below as follows: 

“Aggregate Acquisitions” means, collectively, the Chaves Acquisition, the Rockies Acquisition and the WPX Acquisition. 

“Chaves Acquisition” means the acquisition of the Chaves Acquisition Properties pursuant to the terms and conditions of the
Chaves Acquisition Documents. 
 “Chaves Acquisition Documents” means (a) the Purchase and Sale Agreement by and among
Celero Energy II, LP and Caprock Land & Cattle, LLC (Seller) and Legacy Reserves Operating LP (Buyer) dated as of March 10, 2014, and (b) all bills of sale, assignments, agreements, instruments and documents executed and delivered
in connection therewith, as amended. 
  

  
 1 

 “Chaves Acquisition Properties” means the Oil and Gas Properties and other
Properties acquired by Legacy Reserves Operating LP pursuant to the Chaves Acquisition Documents. 
 “Rockies Acquisition”
means the acquisition of the Rockies Acquisition Properties pursuant to the terms and conditions of the Rockies Acquisition Documents. 

“Rockies Acquisition Documents” means (a) the Purchase and Sale Agreement by and between SM Energy Company (Seller) and
Legacy Reserves Operating LP (Buyer) dated as of March 26, 2014, and (b) all bills of sale, assignments, agreements, instruments and documents executed and delivered in connection therewith, as amended. 

“Rockies Acquisition Properties” means the Oil and Gas Properties and other Properties acquired by Legacy Reserves Operating
LP pursuant to the Rockies Acquisition Documents. 
 “WPX Acquisition” means the acquisition of the WPX Acquisition
Properties pursuant to the terms and conditions of the WPX Acquisition Documents. 
 “WPX Acquisition Documents” means
(a) the Purchase and Sale Agreement by and between WPX Energy Rocky Mountain, LLC (Seller) and Legacy Reserves Operating LP (Buyer) dated as of May 2, 2014, and (b) all bills of sale, assignments, agreements, instruments and documents
executed and delivered in connection therewith, as amended. 
 “WPX Acquisition Properties” means the Oil and Gas
Properties and other Properties acquired by Legacy Reserves Operating LP pursuant to the WPX Acquisition Documents. 
 Section 2.
     Amendments to Credit Agreement . 
 2.1      Amendments to
Section 1.02 . 
 (a)      The following definitions are hereby amended and restated in their
entirety to read as follows: 
 “Agreement” means this Third Amended and Restated Credit Agreement, as
amended by the First Amendment and the Second Amendment, as the same may from time to time be amended, modified, supplemented or restated. 

“Approved Counterparty” means (a) any Lender or any Affiliate of a Lender and (b) any other Person (or any credit support
provider of such Person) whose issuer rating or whose long term senior unsecured debt rating is A/A2 by S&P or Moody’s (or their equivalent) or higher. 

(b)      The following definitions are hereby added where alphabetically appropriate to read as follows: 

“Second Amendment” means that certain Second Amendment to Third Amended and Restated Credit Agreement, dated
as of May 22, 2014, among the Borrower, the Guarantors, the Administrative Agent and the Lenders party thereto. 
  

  
 2 

 “Second Amendment Effective Date” has the meaning ascribed such
term in the Second Amendment. 
 2.2      Amendment to Section 9.01(b)
.. Section 9.01(b) is hereby amended and restated in its entirety to read as follows: 
 (b)
     Ratio of Total Debt to EBITDA . The Borrower will not, on any date of determination, permit its ratio of Total Debt as of such date to EBITDA for the four fiscal quarters ending on the last day of the fiscal
quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.00 to 1.00; provided that during the period beginning on the Second Amendment Effective Date through June 30, 2015 (such
period, the “Increased Leverage Period”), the Borrower will not, on any date of determination during the Increased Leverage Period, permit its ratio of Total Debt as of such date to EBITDA for the four fiscal quarters ending on the
last day of the fiscal quarter immediately preceding the date of determination for which financial statements are available to be greater than 4.50 to 1.00. 

Section 3.      Assignments, Reallocation of Commitments and Loans . Each Lender party to the Credit
Agreement immediately prior to the Second Amendment Effective Date (used herein as defined below) has, in consultation with the Borrower, agreed to reallocate its respective Maximum Credit Amount and Commitment. The Administrative Agent and the
Borrower hereby consent to such reallocation. On the Second Amendment Effective Date and after giving effect to such reallocations, the Maximum Credit Amount and Commitment of each Lender shall be as set forth on Annex I to this Second
Amendment, which Annex I supersedes and replaces Annex I to the Credit Agreement. With respect to such reallocation, each Lender shall be deemed to have acquired the Maximum Credit Amount and Commitment allocated to it from one or more Lenders
pursuant to the terms of the Assignment and Assumption Agreement attached as Exhibit D to the Credit Agreement as if such Lenders executed an Assignment and Assumption with respect to such allocation. Notwithstanding
Section 12.04(b)(ii)(C), the Lenders deemed to be parties to such Assignment Agreements shall not be required to pay a processing and recordation fee of $3,500 to the Administrative Agent. On the Second Amendment Effective Date, the
Administrative Agent shall take the actions specified in Section 12.04(b)(v), including recording the assignments described herein in the Register, and such assignments shall be effective for purposes of the Credit Agreement. 

Section 4.      Automatic Borrowing Base Increase upon Consummation of Aggregate Acquisitions; Minimum Hedging
Requirement . 
 4.1      Automatic Borrowing Base Increase upon Consummation of Aggregate
Acquisitions, etc. Effective as of the date of the consummation of the Aggregate Acquisitions, the Borrowing Base then in effect shall automatically be increased to $950,000,000 (net of any adjustments to the Borrowing Base
pursuant to the terms of the Credit Agreement which occur between the date hereof and the date the Borrowing Base is increased pursuant to this Section 4.1); provided that each of the following conditions precedent thereto are satisfied
(or waived in accordance with Section 12.02(b)): (a) the Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower certifying that Legacy Reserves Operating LP has or is concurrently consummating the
Chaves Acquisition, the Rockies Acquisition and the WPX 
  

  
 3 

 Acquisition in accordance with the terms of the Chaves Acquisition Documents, the Rockies Acquisition Documents
and the WPX Acquisition Documents, respectively (with all of the material conditions precedent thereto having been satisfied in all material respects by the parties thereto) and has or is acquiring substantially all of the Chaves Acquisition
Properties, the Rockies Acquisition Properties and the WPX Acquisition Properties contemplated by the Chaves Acquisition Documents, the Rockies Acquisition Documents and the WPX Acquisition Documents, respectively; (b) the Administrative
Agent’s receipt, together with title information previously delivered to the Administrative Agent, satisfactory title information on at least 80% of the total value of the proved Oil and Gas Properties of the Borrower and the Subsidiaries
evaluated by the most recently delivered Reserve Report after giving effect to the Aggregate Acquisitions; (c) the Administrative Agent’s receipt of duly executed and notarized deeds of trust and/or mortgages or supplements to existing
deeds of trust and/or mortgages in form satisfactory to the Administrative Agent to the extent necessary, so that the Mortgaged Properties represent at least 80% of the total value of the proved Oil and Gas Properties of the Borrower and the
Subsidiaries evaluated in the most recently delivered Reserve Report after giving effect to the Aggregate Acquisitions and (d) the Administrative Agent and the Lenders shall have received all fees and other amounts due and payable on or prior
to such date; provided further that if, on or prior to the date upon which the Borrowing Base is automatically increased pursuant to this Section 4.1, the Borrower has issued Senior Notes in reliance upon Section 9.02(f) in an
aggregate stated principal amount in excess of $850,000,000 (without regard to any initial issue discount) then the amount of the automatic increase to the Borrowing Base shall instead be in an amount equal to $950,000,000 minus the product of 0.25
and the stated principal amount of such excess Senior Notes (net of any adjustments to the Borrowing Base which occur between the date hereof and the date the Borrowing Base is increased pursuant to this Section 4.1 (other than adjustments with
respect to the issuance of Senior Notes as contemplated by the foregoing proviso)). 
 4.2      Minimum Hedging
Requirement . Within 30 days after the date upon which the Borrowing Base is automatically increased pursuant to Section 4.1 of this Second Amendment (the end of such 30 day period being the “Required Hedging Date”),
the Borrower shall provide evidence to the Administrative Agent, in form and substance satisfactory to the Administrative Agent, that the Borrower has entered into Swap Agreements with one or more Approved Counterparties hedging reasonably
anticipated proved developed producing production for natural gas evaluated in the most recently delivered Reserve Report related to the WPX Acquisition Properties as follows (the “Incremental Hedging Requirement”): 

 

					
		 	 Fourth quarter
	  	
		 	 fiscal year 2014:
	  	 3,561,000 MMBtu;

		 	 Fiscal year 2015:
	  	 16,635,000 MMBtu;

		 	 Fiscal year 2016:
	  	 5,580,000 MMBtu; and

		 	 Fiscal year 2017:
	  	 5,016,000 MMBtu.

 If the Borrower fails to timely deliver such evidence to the Administrative Agent by the Required Hedging Date, then,
effective as of the Required Hedging Date, the Borrowing Base then in effect shall be reduced automatically by an amount, as determined by the Administrative Agent, equal to the Borrowing Base value contributed by the quantities which were not
hedged by the Borrower pursuant to the Incremental Hedging Requirement. 
  

  
 4 

 Section 5.      Conditions Precedent . This Second Amendment
shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 12.02 of the Credit Agreement) (the “Second Amendment Effective Date”): 

5.1      The Administrative Agent shall have received from the Lenders, the Borrower and the Guarantors, counterparts (in
such number as may be requested by the Administrative Agent) of this Second Amendment signed on behalf of such Person. 
 5.2
     The Administrative Agent and the Lenders shall have received all fees and other amounts due and payable on or prior to the Second Amendment Effective Date. 

5.3      No Default shall have occurred and be continuing as of the Second Amendment Effective Date. 

5.4      The Administrative Agent shall have received new duly executed Notes payable to Societe Generale, Branch
Banking & Trust Company, Santander Bank, N.A. and West Texas National Bank, to the extent requested by each such Lender, in a principal amount equal to the applicable new Maximum Credit Amount of such Lender, dated as of the Second
Amendment Effective Date. 
 5.5      The Administrative Agent shall have received such other documents as the
Administrative Agent or its special counsel may reasonably require. 
 The Administrative Agent is hereby authorized and directed to declare
this Second Amendment to be effective when it has received documents confirming or certifying, to the satisfaction of the Administrative Agent, compliance with the conditions set forth in this Section 5 or the waiver of such conditions as
permitted in Section 12.02 of the Credit Agreement. Such declaration shall be final, conclusive and binding upon all parties to the Credit Agreement for all purposes. 

Section 6.    Miscellaneous . 

6.1      Confirmation . The provisions of the Credit Agreement, as amended by this Second Amendment, shall
remain in full force and effect following the effectiveness of this Second Amendment. 
 6.2      Ratification and
Affirmation; Representations and Warranties . Each Obligor hereby (a) acknowledges the terms of this Second Amendment; (b) ratifies and affirms its obligations under, and acknowledges its continued liability under, each Loan
Document to which it is a party and agrees that each Loan Document to which it is a party remains in full force and effect as expressly amended hereby; (c) represents and warrants to the Lenders that as of the date hereof, after giving effect
to the terms of this Second Amendment: (i) all of the representations and warranties contained in each Loan Document to which it is a party are true and correct, except to the extent any such representations and warranties are expressly
limited to an earlier date, in which case, such representations and warranties shall continue to be true and correct as of such specified earlier date, (ii) no Default or Event of Default has occurred and is continuing and (iii) no event
or events have occurred which individually or in the aggregate could reasonably be expected to have a Material Adverse Effect; and (d) agrees that from and after the Second Amendment Effective Date each reference to the Credit Agreement and in
the other Loan Documents shall be deemed to be a reference to the Credit Agreement, as amended by this Second Amendment. 

  
 5 

 6.3      Counterparts . This Second Amendment 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 Second Amendment by telecopy, facsimile, email or
other electronic means shall be effective as delivery of a manually executed counterpart hereof. 
 6.4      No Oral
Agreement . This Second Amendment, 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 subsequent oral agreements between the parties. 
 6.5
     GOVERNING LAW . THIS SECOND AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF TEXAS. 

6.6      Payment of Expenses . In accordance with Section 12.03 of the Credit Agreement, the Borrower
agrees to pay or reimburse the Administrative Agent for all of its reasonable out-of-pocket costs and reasonable expenses incurred in connection with this Second
Amendment, 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. 

6.7      Severability . Any provision of this Second Amendment 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. 
 6.8      Successors and Assigns
.. This Second Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns. 

[SIGNATURES BEGIN NEXT PAGE] 
  

  
 6 

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

					
	BORROWER:	  	LEGACY RESERVES LP
			
		  	 By:
	  	Legacy Reserves GP, LLC,
		  		  	its general partner
			
		  	 By:
	  	 /s/ James Daniel Westcott

		  		  	James Daniel Westcott
		  		  	Executive Vice President and Chief Financial Officer
		
	GUARANTORS:	  	LEGACY RESERVES OPERATING LP
			
		  	 By:
	  	Legacy Reserves Operating GP LLC , its general partner
		  	 By:
	  	Legacy Reserves LP , its sole member
		  	 By:
	  	Legacy Reserves GP, LLC , its general partner
			
		  	 By:
	  	 /s/ James Daniel Westcott

		  		  	James Daniel Westcott
		  		  	Executive Vice President and Chief Financial Officer
		
		  	LEGACY RESERVES OPERATING GP LLC
			
		  	 By:
	  	Legacy Reserves LP , its sole member
		  	 By:
	  	Legacy Reserves GP, LLC , its general partner
			
		  	 By:
	  	 /s/ James Daniel Westcott

		  		  	James Daniel Westcott
		  		  	Executive Vice President and Chief Financial Officer

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	LEGACY RESERVES SERVICES, INC.
		
	By:    	 	 /s/ James Daniel Westcott

		 	James Daniel Westcott
		 	Executive Vice President and Chief Financial Officer

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

					
	 ADMINISTRATIVE AGENT:
	  	WELLS FARGO BANK, NATIONAL ASSOCIATION , as Administrative Agent and a Lender
			
		  	 By:
	  	 /s/ Stephanie Harrell

		  		  	Stephanie Harrell
		  		  	Assistant Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

							
	LENDERS:	 		 	 COMPASS BANK

				
		 		 	By:	 	 /s/ James Neblett

		 		 	Name:	 	James Neblett
		 		 	Title:	 	Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	UBS AG, STAMFORD BRANCH
		
	By:	 	 /s/ Lana Gifas

	Name:	 	Lana Gifas
	Title:	 	Director
		
	By:	 	 /s/ Jennifer Anderson

	Name:	 	Jennifer Anderson
	Title:	 	Associate Director

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	 U.S. BANK NATIONAL ASSOCIATION

		
	By:	 	 /s/ Tara McLean

	Name:	 	Tara McLean
	Title:	 	Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	 BANK OF AMERICA, N.A.

		
	By:	 	 /s/ Joseph Scott

	Name:	 	Joseph Scott
	Title:	 	Director

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	 ROYAL BANK OF CANADA

		
	By:	 	 /s/ Evans Swann, Jr.

	Name:	 	Evans Swann, Jr.
	Title:	 	Authorized Signatory

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	 THE BANK OF NOVA SCOTIA

		
	By:	 	 /s/ Terry Donovan

	Name:	 	Terry Donovan
	Title:	 	Managing Director

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	KEYBANK NATIONAL ASSOCIATION
		
	By:	 	 /s/ John Dravenstott

	Name:	 	John Dravenstott
	Title:	 	Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	 UNION BANK, N.A.

		
	By:	 	 /s/ Lauren Trussell

	Name:	 	Lauren Trussell
	Title:	 	Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	 JPMORGAN CHASE BANK, N.A.

		
	By:	 	 /s/ David Morris

	Name:	 	David Morris
	Title:	 	Authorized Officer

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	 BMO HARRIS FINANCING, INC .

		
	By:	 	 /s/ Gumaro Tijerina

	Name:	 	Gumaro Tijerina
	Title:	 	Managing Director

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	BARCLAYS BANK PLC
		
	By:	 	 /s/ Alicia Borys

	Name:	 	Alicia Borys
	Title:	 	Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK
		
	By:	 	 /s/ Michael Willis

	Name:	 	Michael Willis
	Title:	 	Managing Director
		
	By:	 	 /s/ Mark Roche

	Name:	 	Mark Roche
	Title:	 	Managing Director

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	CITIBANK, N.A.
		
	By:	 	 /s/ Eamon Baqui

	Name:	 	Eamon Baqui
	Title:	 	Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	SOCIETE GENERALE
		
	By:	 	 /s/ David Bornstein

	Name:	 	David Bornstein
	Title:	 	Director

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	BRANCH BANKING AND TRUST COMPANY
		
	By:	 	 /s/ Jodie Gildersleeve

	Name:	 	Jodie Gildersleeve
	Title:	 	Assistant Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	WEST TEXAS NATIONAL BANK
		
	By:	 	 /s/ Chris L. Whigham

	Name:	 	Chris L. Whigham
	Title:	 	Senior Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	SANTANDER BANK, N.A.
		
	By:	 	 /s/ Puiki Lok

	Name:	 	Puiki Lok
	Title:	 	Vice President
		
	By:	 	 /s/ Gilbert Torres

	Name:	 	Gilbert Torres
	Title:	 	Senior Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 
			
	TEXAS CAPITAL BANK, N.A.
		
	By:	 	 /s/ Frank K. Stowers

	Name:	 	Frank K. Stowers
	Title:	 	Senior Vice President

 SIGNATURE PAGE 

SECOND AMENDMENT TO THIRD AMENDED AND RESTATED CREDIT AGREEMENT 

 Annex I 

ANNEX I 
 LIST OF MAXIMUM
CREDIT AMOUNTS 
 Aggregate Maximum Credit Amounts 
  

									
	 Name of Lender
	  	Applicable Percentage	 	 	Maximum Credit Amount	 
	 Wells Fargo Bank, National Association
	  	 	10.78947368	% 	 	$	161,842,105.25	 
	 Compass Bank
	  	 	7.63157895	% 	 	$	114,473,684.21	 
	 UBS AG, Stamford Branch
	  	 	7.63157895	% 	 	$	114,473,684.21	 
	 U.S. Bank National Association
	  	 	7.63157895	% 	 	$	114,473,684.21	 
	 Bank of America, N.A.
	  	 	7.63157895	% 	 	$	114,473,684.21	 
	 Royal Bank of Canada
	  	 	7.63157895	% 	 	$	114,473,684.21	 
	 The Bank of Nova Scotia
	  	 	5.36842105	% 	 	$	80,526,315.79	 
	 KeyBank National Association
	  	 	5.36842105	% 	 	$	80,526,315.79	 
	 Union Bank, N.A.
	  	 	5.36842105	% 	 	$	80,526,315.79	 
	 JPMorgan Chase Bank, N.A.
	  	 	5.36842105	% 	 	$	80,526,315.79	 
	 BMO Harris Financing, Inc.
	  	 	4.21052632	% 	 	$	63,157,894.74	 
	 Barclays Bank PLC
	  	 	4.21052632	% 	 	$	63,157,894.74	 
	 Credit Agricole Corporate and Investment Bank
	  	 	4.21052632	% 	 	$	63,157,894.74	 
	 Citibank, N.A.
	  	 	4.21052632	% 	 	$	63,157,894.74	 
	 Societe Generale
	  	 	4.21052632	% 	 	$	63,157,894.74	 
	 Branch Banking & Trust Company
	  	 	2.63157895	% 	 	$	39,473,684.21	 
	 Santander Bank, N.A.
	  	 	2.63157895	% 	 	$	39,473,684.21	 
	 West Texas National Bank
	  	 	1.84210526	% 	 	$	27,631,578.95	 
	 Texas Capital Bank, N.A.
	  	 	1.42105263	% 	 	$	21,315,789.47	 
		  	  
	  
	 	 	  
	  
	 
	 TOTAL
	  	 	100.0000000	% 	 	$	1,500,000,000.00

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00281-of-00352.parquet"}]]