Document:

exv10w17

Exhibit 10.17

Amendment No. 1 to the Letter Agreement

          This Amendment No. 1 (this “Amendment”) to the Letter Agreement, dated as of August 9,
2011 (the “Letter Agreement”), by and among Toreador Resources Corporation, a Delaware
corporation (“Toreador”), ZaZa Energy, LLC, a Texas limited liability company
(“ZaZa”), ZaZa Energy Corporation, a Delaware corporation (the “Company”), and Todd
Alan Brooks (“Employee”), is entered into by the Company, Employee and ZaZa as of November
10, 2011.

RECITALS

          WHEREAS, the parties desire to make certain amendments to the Letter Agreement.

          NOW, THEREFORE, in consideration of the foregoing and the terms and conditions contained
herein, the parties hereby agree to amend the Letter Agreement as follows.

	1.	 	Definitions. Capitalized terms used herein but not defined herein have the meanings
assigned to them in the Letter Agreement.
	 
	2.	 	Exhibit A. The fourth paragraph on the first page of Exhibit A of the Letter
Agreement is hereby amended and restated in its entirety to read as follows:
	 
	 	 	The Maker may prepay all or a portion of the principal amount hereof, in whole or in part at
any time, and to repay any interest accrued on the principal amount hereof at any time and
from time to time, in each case, without premium or penalty. If Maker or any of its
subsidiaries consummate any debt or equity financing (other than a revolving credit
facility), Maker shall, within five (5) days of the consummation of such financing, prepay a
portion of the Note equal to the lesser of (i) all amounts of accrued interest and
outstanding principal hereunder or (ii) twenty percent (20%) of the net cash proceeds of
such financing multiplied by a fraction, the numerator of which is the outstanding balance
of this Note and the denominator of which is the sum of the outstanding balance of this Note
and the other similar notes issued by Maker or ZaZa Energy, LLC on or about the date of this
Note to Todd Brooks, Gaston Kearby, John Hearn, Lara Energy, Inc., Omega Energy Corp. and
Blackstone Oil & Gas, LLC (a “Mandatory Prepayment”), which Mandatory Prepayment
shall be applied first to any interest accrued on the outstanding principal amount hereof at
the time of such prepayment and second to the outstanding principal amount hereof.
	 
	3.	 	Letter Agreement Remains in Full Force and Effect. Except as amended by this
Amendment, the Letter Agreement remains in full force and effect.
	 
	4.	 	Counterparts. This Amendment may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be an original, but all such
counterparts shall together constitute one and the same instrument. Each counterpart may
consist of a number of copies hereof each signed by less than all, but together signed by all
of the parties hereto.

SIGNATURE PAGE TO FOLLOW

 

     IN WITNESS WHEREOF, the parties have executed this Amendment and caused the same to be duly
delivered on their behalf on the day and year first written above.

	 	 	 	 	 
	 	ZAZA ENERGY CORPORATION

 	 
	 	By:  	/s/ Craig M. McKenzie
 	 
	 	 	Name:  	Craig M. McKenzie 	 
	 	 	Title:  	Vice President and Secretary 	 
	 
	 	ZAZA ENERGY, LLC

 	 
	 	By:  	/s/ Todd Alan Brooks
 	 
	 	 	Name:  	Todd Alan Brooks 	 
	 	 	Title:  	Manager 	 
	 
	 	 	 
	 	                 /s/ Todd Alan Brooks
 	 
	 	Todd Alan Brooksexv10w18

Exhibit 10.18

Amendment No. 1 to the Letter Agreement

     This Amendment No. 1 (this “Amendment”) to the Letter Agreement, dated as of August 9,
2011 (the “Letter Agreement”), by and among Toreador Resources Corporation, a Delaware
corporation (“Toreador”), ZaZa Energy, LLC, a Texas limited liability company
(“ZaZa”), ZaZa Energy Corporation, a Delaware corporation (the “Company”), and John
E. Hearn, Jr. (“Employee”), is entered into by the Company, Employee and ZaZa as of
November 10, 2011.

RECITALS

     WHEREAS, the parties desire to make certain amendments to the Letter Agreement.

     NOW, THEREFORE, in consideration of the foregoing and the terms and conditions contained
herein, the parties hereby agree to amend the Letter Agreement as follows.

	1.	 	Definitions. Capitalized terms used herein but not defined herein have the meanings
assigned to them in the Letter Agreement.
	 
	2.	 	Exhibit A. The fourth paragraph on the first page of Exhibit A of the Letter
Agreement is hereby amended and restated in its entirety to read as follows:
	 
	 	 	The Maker may prepay all or a portion of the principal amount hereof, in whole or in part at
any time, and to repay any interest accrued on the principal amount hereof at any time and
from time to time, in each case, without premium or penalty. If Maker or any of its
subsidiaries consummate any debt or equity financing (other than a revolving credit
facility), Maker shall, within five (5) days of the consummation of such financing, prepay a
portion of the Note equal to the lesser of (i) all amounts of accrued interest and
outstanding principal hereunder or (ii) twenty percent (20%) of the net cash proceeds of
such financing multiplied by a fraction, the numerator of which is the outstanding balance
of this Note and the denominator of which is the sum of the outstanding balance of this Note
and the other similar notes issued by Maker or ZaZa Energy, LLC on or about the date of this
Note to Todd Brooks, Gaston Kearby, John Hearn, Lara Energy, Inc., Omega Energy Corp. and
Blackstone Oil & Gas, LLC (a “Mandatory Prepayment”), which Mandatory Prepayment
shall be applied first to any interest accrued on the outstanding principal amount hereof at
the time of such prepayment and second to the outstanding principal amount hereof.
	 
	3.	 	Letter Agreement Remains in Full Force and Effect. Except as amended by this
Amendment, the Letter Agreement remains in full force and effect.
	 
	4.	 	Counterparts. This Amendment may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be an original, but all such
counterparts shall together constitute one and the same instrument. Each counterpart may
consist of a number of copies hereof each signed by less than all, but together signed by all
of the parties hereto.

SIGNATURE PAGE TO FOLLOW

 

 

     IN WITNESS WHEREOF, the parties have executed this Amendment and caused the same to be duly
delivered on their behalf on the day and year first written above.

	 	 	 	 	 
	 	ZAZA ENERGY CORPORATION

 	 
	 	By:  	/s/ Craig M. McKenzie
 	 
	 	 	Name:  	Craig M. McKenzie 	 
	 	 	Title:  	Vice President and Secretary 	 
	 
	 	ZAZA ENERGY, LLC

 	 
	 	By:  	/s/ Todd Alan Brooks
 	 
	 	 	Name:  	Todd Alan Brooks 	 
	 	 	Title:  	Manager 	 
	 
	 	 	 
	 	                                                   /s/ John E. Hearn, Jr.
 	 
	 	John E. Hearn, Jr.exv10w19

Exhibit 10.19

Amendment No. 1 to the Letter Agreement

     This Amendment No. 1 (this “Amendment”) to the Letter Agreement, dated as of August 9,
2011 (the “Letter Agreement”), by and among Toreador Resources Corporation, a Delaware
corporation (“Toreador”), ZaZa Energy, LLC, a Texas limited liability company
(“ZaZa”), ZaZa Energy Corporation, a Delaware corporation (the “Company”), and
Gaston L. Kearby (“Employee”), is entered into by the Company, Employee and ZaZa as of
November 10, 2011.

RECITALS

     WHEREAS, the parties desire to make certain amendments to the Letter Agreement.

     NOW, THEREFORE, in consideration of the foregoing and the terms and conditions contained
herein, the parties hereby agree to amend the Letter Agreement as follows.

	1.	 	Definitions. Capitalized terms used herein but not defined herein have the meanings
assigned to them in the Letter Agreement.
	 
	2.	 	Exhibit A. The fourth paragraph on the first page of Exhibit A of the Letter
Agreement is hereby amended and restated in its entirety to read as follows:
	 
	 	 	The Maker may prepay all or a portion of the principal amount hereof, in whole or in part at
any time, and to repay any interest accrued on the principal amount hereof at any time and
from time to time, in each case, without premium or penalty. If Maker or any of its
subsidiaries consummate any debt or equity financing (other than a revolving credit
facility), Maker shall, within five (5) days of the consummation of such financing, prepay a
portion of the Note equal to the lesser of (i) all amounts of accrued interest and
outstanding principal hereunder or (ii) twenty percent (20%) of the net cash proceeds of
such financing multiplied by a fraction, the numerator of which is the outstanding balance
of this Note and the denominator of which is the sum of the outstanding balance of this Note
and the other similar notes issued by Maker or ZaZa Energy, LLC on or about the date of this
Note to Todd Brooks, Gaston Kearby, John Hearn, Lara Energy, Inc., Omega Energy Corp. and
Blackstone Oil & Gas, LLC (a “Mandatory Prepayment”), which Mandatory Prepayment
shall be applied first to any interest accrued on the outstanding principal amount hereof at
the time of such prepayment and second to the outstanding principal amount hereof.
	 
	3.	 	Letter Agreement Remains in Full Force and Effect. Except as amended by this
Amendment, the Letter Agreement remains in full force and effect.
	 
	4.	 	Counterparts. This Amendment may be executed by the parties hereto in separate
counterparts, each of which when so executed and delivered shall be an original, but all such
counterparts shall together constitute one and the same instrument. Each counterpart may
consist of a number of copies hereof each signed by less than all, but together signed by all
of the parties hereto.

SIGNATURE PAGE TO FOLLOW

 

 

     IN WITNESS WHEREOF, the parties have executed this Amendment and caused the same to be duly
delivered on their behalf on the day and year first written above.

	 	 	 	 	 
	 	ZAZA ENERGY CORPORATION

 	 
	 	By:  	/s/ Craig M. McKenzie
 	 
	 	 	Name:  	Craig M. McKenzie 	 
	 	 	Title:  	Vice President and Secretary 	 
	 
	 	ZAZA ENERGY, LLC

 	 
	 	By:  	/s/ Todd Alan Brooks
 	 
	 	 	Name:  	Todd Alan Brooks 	 
	 	 	Title:  	Manager 	 
	 
	 	 	 
	 	  	      /s/ Gaston L. Kearby
 	 
	 	 	Gaston L. Kearby

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