Document:

Document

Exhibit 10.1

August 1, 2022

Todd Nightingale
Via email

Re:     Employment Terms
Dear Todd: 
On behalf of Fastly, Inc. (“Fastly” or "the “Company”), we are pleased to offer you the position of Chief Executive Officer under the terms set forth in this letter. 
Location. You will principally work either remotely from your home or from Fastly’s office in San Francisco, CA, both locations of which will be considered your primary place of employment. 
Duties and Reporting Relationship. As Chief Executive Officer, you will report to Company’s Board of Directors (the “Board”).  You may be asked to perform other duties as our business needs dictate. You will also be appointed to the Board. 
Base Salary. Your initial base salary will be at an annual rate of $600,000.00 subject to applicable deductions and withholdings and paid on the Company’s normal payroll schedule.  As a full-time, salaried, exempt employee you will be expected to work the Company’s normal business hours and additional hours as required by your job duties, and you will not be eligible for overtime pay. 
Bonus: You will be eligible to earn a cash bonus equal to $600,000.00, subject to the terms and conditions of the Company’s bonus plan, including any plan rules/requirements relating to a particular period, in effect from time to time.
Sign-On Bonus. On the first payroll following your hire date, you will be advanced a one-time sign-on bonus of $1,000,000.00 ("Sign-On Bonus"), less customary withholdings. If your employment is terminated for any reason other than a layoff within the first 12 months of continuous service, you agree to repay the Sign-On Bonus. The amount to be recovered will be limited to the net after tax amount you received.
Standard Benefits and Paid Time Off. You will be eligible to participate in all benefits which Fastly makes generally available to its regular full-time employees in accordance with the terms and conditions of the benefit plans and Company policies, including health insurance, dental insurance, paid time off and holidays. The Company reserves the right to modify or cancel any or all of its benefit programs at any time. Further details about Fastly’s benefit plans are available for your review in the benefit Summary Plan Documents. 
Equity Compensation. Subject to the approval of the Company’s Board of Directors or its designated Committee, you will be granted two restricted stock unit awards covering shares of the Company’ s Class A common stock (“RSUs”):
•The first RSU award (the “Time-Based Award”) will have a total value of $15,000,000.00. The number of RSUs subject to such grant will be determined by dividing $15,000,000.00 by the closing market price on the New York Stock Exchange of one share of the Company’s Class A common stock on the date you execute this Offer Letter (the “Closing Price”) rounded down to the nearest whole share.  The Time-Based Award will vest 

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over a period of four years, subject to your continued service with the Company through the Company’s standard quarterly vesting dates as follows:
◦Year 1: 40% of the RSUs subject to the Time-Based Award will be eligible to vest in four equal quarterly installments. 
◦Year 2: 30% of the RSUs subject to the Time-Based Award will be eligible to vest in four equal quarterly installments.  
◦Year 3: 20% of the RSUs subject to the Time-Based Award will be eligible to vest in four equal quarterly installments.  
◦Year 4: 10% of the RSUs subject to the Time-Based Award will be eligible to vest in four equal quarterly installments.  

•The second RSU award (the “Performance-Based Award”) will have a total value of $15,000,000.00. The number of RSUs subject to such grant will be determined by dividing $15,000,000.00 by the Closing Price rounded down to the nearest whole share.  The Performance-Based Award will be divided into four performance-based vesting tranches that may be earned over a period of approximately five years, subject to both (i) your continued service with the Company through the applicable Earliest Vest Date specified in the table below and (ii) our achievement of the applicable Stock Price Hurdle specified in the table below.
												
	Tranche	Stock Price Hurdle as a percentage of the Closing Price	Earliest Vest Date	Percentage of Performance-Based Award
	1	150%	First quarterly vesting date after the First Anniversary of Grant Date	25%
	2	200%	First quarterly vesting date after the Second Anniversary of Grant Date	25%
	3	300%	First quarterly vesting date after the Third Anniversary of Grant Date	25%
	4	400%	First quarterly vesting date after the Fourth Anniversary of Grant Date	25%

Each tranche will vest on (i) the applicable Earliest Vest Date if the applicable Stock Price Hurdle has been achieved before such Earliest Vest Date or (ii) the Company’s next quarterly vesting date following achievement of the applicable Stock Price Hurdle if achievement occurs after the applicable Earliest Vest Date, subject, in either case, to your continued service to the Company through such vesting date. Any unvested tranche will be forfeited for no consideration if the applicable Stock Price Hurdle is not achieved on or before the fifth anniversary of the Performance-Based Award’s grant date. For purposes of the Performance-Based Award, a Stock Price Hurdle will be achieved when the average closing price of the Company’s Class A common stock during a period of 60 consecutive trading days equals or exceeds the applicable Stock Price Hurdle multiplied by the Closing Price.
These awards will be subject to the provisions of the Company’s 2019 Equity Incentive Plan (the “Plan”) and related award agreements.  In case of any conflict between the terms of this offer letter agreement and the Plan or any award agreement thereunder, the terms of the Plan and award agreement will control.

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Severance Plan. You will be entitled to participate in the Company’s Executive Change in Control and Severance Benefit Plan, a copy of which is publicly filed as an exhibit to the Company’s Annual report on Form 10-K for the year ended December 31, 2021 (the “Severance Plan”). While the terms and conditions of the Severance Plan will govern your eligibility for and entitlement to severance benefits, the potential amount of severance benefits you will be eligible to receive will be as follows: in the event of a Regular Termination (as defined in the Severance Plan), the Regular Termination Severance Period (as defined in the Severance Plan) will be increased from 9 months to 18 months; and in the event of a Change in Control Termination (as defined in the Severance Plan), (i) the cash severance benefit under Section 3(b)(1)(i) of the Severance Plan and (ii) the COBRA Payment Period (as defined in the Severance Plan) under Section 3(b)(2)(ii) of the Severance Plan, in each case, will be increased from 12 months to 24 months. 
Expenses. During your employment, your reasonable, documented business expenses will be reimbursed by the Company in accordance with its standard policies and practices. You will be entitled to travel business class for all air travel.
Confidentiality, Arbitration and Policies. As a condition of your employment, you will be required to sign and comply with the Company’s standard Employee Confidential Information and Inventions Assignment Agreement (attached as Exhibit A). You are also required to acknowledge that you have reviewed and understand your rights under the Company’s Arbitration Agreement (attached as Exhibit B). In addition, you will be required to abide by all applicable Fastly policies and procedures as may be in effect from time to time, including but not limited to its employment policies, and from time to time you will be required to acknowledge in writing that you have reviewed and will comply with the Company’s policies.
At-Will Employment Relationship. Your employment is not for any fixed period of time, and it is terminable at-will. Thus, either you or the Company may terminate your employment relationship at any time, with or without cause, and with or without advance notice.  While the Company may change your position, reporting relationship, duties, compensation and work location from time to time at its discretion, the at-will nature of your employment may only be modified in a writing signed by you and an authorized member of the Board.  Although not required, the Company requests that you provide at least two weeks’ advance written notice of your resignation, to permit you and the Company to arrange for a smooth transition of your workload and attend to other matters relating to your departure.
Conditions. This offer of employment and your employment with the Company is contingent upon satisfactory results of a background check to be performed pursuant to your written authorization. You agree to assist as needed, and to complete any documentation at the Company’s request, to meet these conditions.
Miscellaneous.  This letter, together with Exhibit A and Exhibit B, constitutes the complete and exclusive statement of your agreement with the Company regarding the terms of your employment with Fastly. It supersedes any other agreements or promises made to you by any party, whether oral or written. The terms of this offer letter agreement cannot be amended or modified (except with respect to those changes expressly reserved to the Company’s discretion in this letter), without a written modification signed by you and a duly authorized officer of the Company. The terms of this offer letter agreement are governed by the laws of the State of California without regard to conflicts of law principles.  If any provision of this offer letter agreement is determined to be invalid or unenforceable, in whole or in part, this determination shall not affect any other provision of this offer letter agreement and the provision in question shall be modified so as to be rendered enforceable in a manner consistent with the intent of the 

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parties insofar as possible under applicable law.  With respect to the enforcement of this offer letter agreement, no waiver of any right hereunder shall be effective unless it is in writing. For purposes of construction of this offer letter agreement, any ambiguity shall not be construed against either party as the drafter. This offer letter agreement may be executed in more than one counterpart, and signatures transmitted via facsimile or PDF shall be deemed equivalent to originals. As required by law, this offer is subject to satisfactory proof of your identity and right to work in the United States.
[Remainder of page intentionally left blank.]

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We are very pleased that you will be joining Fastly. Please sign and date this letter and the enclosed exhibits and return them to us by the close of business on August 2, 2022 if you wish to accept employment under the terms described above. If we do not receive the fully signed letter and the signed Exhibit A and Exhibit B from you by that date, the Company’s offer in this letter will expire. In addition, this offer will expire if you do not provide the requested authorization to perform a background check within 72 hours of your acceptance of this offer. If you accept our offer, we would like you to start on September 1, 2022.

Sincerely,
Fastly, Inc.
/a/ 
/s/ David Hornik______
David Hornik
Lead Independent Director
 
Exhibit A – Employee Confidential Information and Inventions Assignment Agreement
Exhibit B – Arbitration Agreement
 
Understood and Accepted:            Date:
/s/                        /d/
/s/ Todd Nightingale_______________                 08/01/2022______________________
/n/                                                                                      
 

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Exhibit A
FASTLY, INC
Employee Confidential Information and Inventions Assignment Agreement

 

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Exhibit B
FASTLY, INC.
Arbitration Agreement

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	272467843 v5Document

Exhibit 10.1
FOURTH AMENDMENT TO CREDIT AGREEMENT

This FOURTH AMENDMENT TO CREDIT AGREEMENT (this “Amendment”), dated as of June 8, 2022, is among: Rattler Midstream LP, a Delaware limited partnership (the “Parent”); Rattler Midstream Operating LLC, a Delaware limited liability company (the “Borrower”); each of the undersigned guarantors (together with the Parent, the “Guarantors”); each of the Lenders (as such term is defined in the Credit Agreement referred to below) party hereto; and Wells Fargo Bank, National Association, as administrative agent for the Lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”).

R E C I T A L S

A.    The Parent, the Borrower, the Administrative Agent, and the Lenders are parties to that certain Credit Agreement, dated as of May 28, 2019 (as amended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”), pursuant to which the Lenders have made certain credit available to and on behalf of the Borrower.

B.    The Borrower has advised the Administrative Agent and the Lenders that Borrower intends to amend and restate the limited liability company agreement (as so amended and restated, the “Rattler WTG A&R LLCA”) of Rattler WTG LLC (“Rattler WTG”), a Guarantor and Restricted Subsidiary under the Credit Agreement to, among other things, permit the issuance of “Incentive Units” (as defined in the Rattler WTG A&R LLCA) by Rattler WTG to certain persons who are or were employees, service providers or members of the board of WTG Midstream LLC, a Delaware limited liability company, the issuance of which would otherwise be prohibited by Section 9.14 of the Credit Agreement unless the parties enter into this Amendment.

C.    Now, therefore, to induce the Administrative Agent and the Lenders to enter into this Amendment and 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 used herein but not otherwise defined herein has the meaning given such term in the Credit Agreement as amended by this Amendment. Unless otherwise indicated, all section references in this Amendment refer to sections of the Credit Agreement.

Section 2. Amendments to Credit Agreement. In reliance on the representations, warranties, covenants, and agreements contained in this Amendment, and subject to the satisfaction of the conditions precedent set forth in Section 3 hereof, the Credit Agreement is hereby amended, effective as of the Amendment Effective Date (as defined below), as follows:

2.1    Amendments to Section 1.02.

(a)    The following definitions are hereby amended and restated in their entirety to read as follows:

“EBITDA” means, for any period, (a) the sum (without duplication) of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: (i) interest, (ii) income taxes, (iii) depreciation, (iv) amortization, (v) all noncash charges, including expenses relating to stock based compensation and hedging, and (vi) any reasonable expenses and charges (up to an aggregate of $10,000,000 during any calendar year), related to any Investment, acquisition, disposition, offering of Equity Interests, recapitalization, or issuance or incurrence of Debt not prohibited hereunder (in each case, whether or not successful), plus (b) all Material Project Add-Backs applicable to such period, minus (c) all noncash income added to Consolidated Net Income in such period minus (d) solely in the case of Rattler WTG, the amount of all cash distributions made in such period to holders of “Incentive Units” (as defined in the Rattler WTG A&R LLCA) if and to the extent the amounts of such distributions were not otherwise deducted from or excluded in 
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the calculation of Consolidated Net Income; provided that the aggregate amount of Material Project Add-Backs shall not exceed twenty percent (20%) of Unadjusted EBITDA for such period. For the purposes of calculating EBITDA for any Rolling Period for any determination of the Consolidated Total Leverage Ratio or the Consolidated Senior Secured Leverage Ratio, if at any time during such Rolling Period any Credit Party shall have made any Material Disposition or Material Acquisition, the EBITDA for such Rolling Period shall be calculated after giving pro forma effect thereto as if such Material Disposition or Material Acquisition had occurred on the first day of such Rolling Period, such pro forma adjustments to be acceptable to Administrative Agent and the Borrower. Notwithstanding anything to the contrary contained herein, (x) for any calculation of EBITDA on or after the Effective Date through but not including the date on which financial statements for the fiscal quarter ending June 30, 2019 are delivered pursuant to Section 8.01(b), EBITDA shall be deemed to be $240,000,000, and (y) for any calculation of EBITDA (other than for purposes of Section 9.01) following the date on which financial statements for the fiscal quarter ending June 30, 2019 are delivered pursuant to Section 8.01(b) and prior to the date on which financial statements for the fiscal quarter ending September 30, 2019 are delivered pursuant to Section 8.01(b), EBITDA shall be deemed to be actual EBITDA for the two fiscal quarter period ending on June 30, 2019 multiplied by two.

“Loan Documents” means this Agreement, the First Amendment, the Second Amendment, the Third Amendment, the Fourth Amendment, the Notes, the Letter of Credit Agreements, the Letters of Credit, and the Security Instruments.

“Unrestricted Subsidiary” means any Subsidiary of the Parent (a) designated as such on Schedule 7.14 on the Fourth Amendment Effective Date (as updated with any written disclosures provided in writing to the Administrative Agent in accordance with and subject to the terms hereof, including, as applicable, Section 9.17), (b) that the Parent or the Borrower has designated in writing to the Administrative Agent to be an Unrestricted Subsidiary pursuant to Section 9.17, or (c) that is a Subsidiary of an Unrestricted Subsidiary; provided, however, that neither the Borrower nor Intermediate Holdings may be designated as or be an Unrestricted Subsidiary.

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

“Fourth Amendment” means that certain Fourth Amendment to Credit Agreement, dated as of the Fourth Amendment Effective Date, by and among the Parent, the Borrower, the other Guarantors party thereto, the Administrative Agent, and the Lenders party thereto.

“Fourth Amendment Effective Date” means June 8, 2022.

“Rattler WTG” means Rattler WTG LLC, a Delaware limited liability company.

“Rattler WTG A&R LLCA” has the meaning ascribed to it in the Fourth Amendment.

2.2    Amendment to Section 9.04(a)(vii). Section 9.04(a)(vii) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

(vii)  the Parent and the Restricted Subsidiaries may declare and make Restricted Payments pursuant to and in accordance with stock option plans or other benefit plans (including as set forth in the Rattler WTG A&R LLCA) for past, present and future management, employees, directors, consultants and service providers of the Parent or any Subsidiary and, in the case of Rattler WTG, for past, present and future management, employees, directors, consultants and service providers of WTG Midstream LLC, a Delaware limited liability company;
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2.3    Amendment to Section 9.14.    Section 9.14 of the Credit Agreement is hereby amended by amending and restating the second to last sentence in its entirety to read as follows:

The Parent and the Borrower will not permit any Equity Interests of any Restricted Subsidiary (other than the Borrower, Intermediate Holdings and Rattler WTG) to be directly owned by any Person other than the Borrower or a Restricted Subsidiary that is a Guarantor.

2.4    Amendment to Section 9.18.    Section 9.18 of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

Section 9.18 Changes to Organizational Documents and Material Contracts. The Parent and the Borrower shall not, and shall not permit any other Credit Party to, (a) amend, supplement or otherwise modify (or permit to be amended, supplemented or modified) its certificate of formation, limited liability company agreement, limited partnership agreement (including, without limitation, the Parent Partnership Agreement), articles of incorporation, bylaws, any preferred stock designation or any other organic document of such Person in any manner that would be adverse to the Lenders in any material respect (provided that (x) any amendment, supplement or other modification to the conflicts rules and procedures or other provisions governing transactions with Affiliates thereunder shall be deemed to be material if adverse to the Lenders in any respect, (y) the amendment and restatement of the Rattler WTG limited liability company agreement on the Fourth Amendment Effective Date shall be deemed not to be adverse to the Lenders in any material respect, and (z) any amendment to the Rattler WTG A&R LLCA after the Fourth Amendment Effective Date that increases the rights of holders of the “Incentive Units” (as defined in the Rattler WTG A&R LLCA) with respect to management of Rattler WTG shall be deemed adverse to the Lenders in a material respect unless consented to by the Administrative Agent) or (b) amend, supplement or otherwise modify (or permit to be amended, supplemented or modified) any Material Contract in any manner that would be adverse to the Lenders in any material respect.

2.5    Amendment to Schedule 7.14. Schedule 7.14 of the Credit Agreement is hereby amended and restated in its entirety to read as set forth in the attached Schedule 7.14.

Section 3.  Conditions Precedent. This Amendment shall become effective on the date (such date, the “Amendment Effective Date”) when each of the following conditions is satisfied (or waived in accordance with Section 12.02 of the Credit Agreement):

3.1    The Administrative Agent shall have received from Lenders constituting Majority Lenders, the Guarantors, and the Borrower, counterparts (in such number as may be requested by the Administrative Agent) of this 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 date hereof, including, to the extent invoiced, reimbursement or payment of all documented out-of-pocket expenses required to be reimbursed or paid by the Borrower under the Credit Agreement.

3.3    The Administrative Agent shall have received a certificate of a Responsible Officer of the Borrower attaching the duly executed and effective Rattler WTG A&R LLCA, which shall be certified thereby as being true and complete as of the date of such certificate.

3.4    No Default shall have occurred and be continuing as of the date hereof, after giving effect to the terms of this Amendment.

The Administrative Agent is hereby authorized and directed to declare this 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 
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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 Amendment) shall remain in full force and effect following the effectiveness of this Amendment.

4.2    Ratification and Affirmation; Representations and Warranties. Each of the Guarantors and the Borrower hereby (a) 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 and (b) represents and warrants to the Lenders that as of the date hereof, after giving effect to the terms of this Amendment:

(i)    all of the representations and warranties contained in each Loan Document to which it is a party are true and correct in all material respects (or, if already qualified by materiality, Material Adverse Effect or a similar qualification, true and correct in all respects), except to the extent any such representations and warranties are expressly limited to an earlier date, in which case such representations and warranties shall be true and correct in all material respects (or, if already qualified by materiality, Material Adverse Effect or a similar qualification, true and correct in all respects) 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 that individually or in the aggregate could reasonably be expected to have a Material Adverse Effect.

4.3    Counterparts. This 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 Amendment by facsimile or electronic transmission shall be effective as delivery of a manually executed counterpart hereof.

4.4    NO ORAL AGREEMENT. THIS 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 SUBSEQUENT UNWRITTEN ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

4.5    GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK.

4.6    Payment of Expenses. To the extent required pursuant to 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 expenses incurred in connection with this Amendment, any other documents prepared in connection herewith and the transactions contemplated hereby, including, without limitation, the reasonable fees, charges and disbursements of counsel to the Administrative Agent.

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4.7    Severability. Any provision of this Amendment that 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 Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns.

4.9    Loan Document. This Amendment is a Loan Document.

[SIGNATURES BEGIN NEXT PAGE]
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IN WITNESS WHEREOF, the parties hereto have caused this Amendment to be duly executed as of the date first written above.

										
		BORROWER:	RATTLER MIDSTREAM OPERATING LLC
				
			By:	/s/ Teresa L. Dick
			Name:	Teresa L. Dick
			Title:	Chief Financial Officer, Executive Vice
				President, and Assistant Secretary
				
		GUARANTORS:	RATTLER MIDSTREAM LP
				
			By:	Rattler Midstream GP LLC, its General 
				Partner
				
			By:	/s/ Teresa L. Dick
			Name:	Teresa L. Dick
			Title:	Chief Financial Officer, Executive Vice
				President, and Assistant Secretary
				
			TALL CITY TOWERS LLC
				
			By:	/s/ Teresa L. Dick
			Name:	Teresa L. Dick
			Title:	Chief Financial Officer, Executive Vice
				President, and Assistant Secretary
				
			RATTLER OMOG LLC
				
			By:	Rattler Midstream Operating LLC, its sole
				member
				
			By:	/s/ Teresa L. Dick
			Name:	Teresa L. Dick
			Title:	Chief Financial Officer, Executive Vice
				President, and Assistant Secretary
				
				
				
				
				

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

										
			RATTLER AJAX PROCESSING LLC
				
			By:	Rattler Midstream Operating LLC, its sole
				member
				
			By:	/s/ Teresa L. Dick
			Name:	Teresa L. Dick
			Title:	Chief Financial Officer, Executive Vice
				President, and Assistant Secretary
				
			RATTLER WTG LLC
				
			By:	Rattler Midstream Operating LLC, its sole
				member
				
			By:	/s/ Teresa L. Dick
			Name:	Teresa L. Dick
			Title:	Chief Financial Officer, Executive Vice
				President, and Assistant Secretary
				
			RATTLER HOLDINGS LLC
				
			By:	/s/ Teresa L. Dick
			Name:	Teresa L. Dick
			Title:	Chief Financial Officer, Executive Vice
				President, and Assistant Secretary

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	ADMINISTRATIVE AGENT,	WELLS FARGO BANK, NATIONAL
	ISSUING BANK AND LENDER:	ASSOCIATION, as Administrative Agent, Issuing
		Bank and as a Lender
			
		By:	/s/ Andrew Ostrov
		Name:	Andrew Ostrov
		Title:	Director

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	BANK OF AMERICA, N.A.
			
		By:	/s/ Ronald E. McKAig
		Name:	Ronald E. McKAig
		Title:	Managing Director

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	CREDIT SUISSE AG, CAYMAN ISLANDS
		BRANCH
			
		By:	/s/ Komal Shah
		Name:	Komal Shah
		Title:	Authorized Signatory
			
		By:	/s/ Michael Wagner
		Name:	Michael Wagner
		Title:	Authorized Signatory

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	JPMORGAN CHASE BANK, N.A.
			
		By:	/s/ Umar Hassan
		Name:	Umar Hassan
		Title:	Authorized Officer

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	CITIBANK, N.A.
			
		By:	/s/ Jeff Ard
		Name:	Jeff Ard
		Title:	Vice President

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	PNC BANK, NATIONAL ASSOCIATION
			
		By:	/s/ Denise Davis
		Name:	Denise Davis
		Title:	Managing Director

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	BARCLAYS BANK PLC
			
		By:	/s/ Warren Veech III
		Name:	Warren Veech III
		Title:	Vice President

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	CAPITAL ONE, NATIONAL ASSOCIATION
			
		By:	/s/ Christopher Kuna
		Name:	Christopher Kuna
		Title:	Senior Director

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	TRUIST BANK, as a Lender
		
			
		By:	/s/ Lincoln LaCour
		Name:	Lincoln LaCour
		Title:	Vice President

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	THE BANK OF NOVA SCOTIA, HOUSTON
		BRANCH
			
		By:	/s/ Marc Graham
		Name:	Marc Graham
		Title:	Managing Director

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	U.S. BANK NATIONAL ASSOCIATION
			
		By:	/s/ Bruce Hernandez
		Name:	Bruce Hernandez
		Title:	Senior Vice President

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

									
	LENDERS:	GOLDMANS SACHS BANK USA
			
		By:	/s/ Dan Martis
		Name:	Dan Martis
		Title:	Authorized Signatory

SIGNATURE PAGE
FOURTH AMENDMENT TO CREDIT AGREEMENT

Schedule 7.14

SUBSIDIARIES

																		
	Subsidiary
	Jurisdiction of Organization
	Organizational Identification Number
	Principal Place of Business and Chief Executive Office
	Wholly-Owned Subsidiary
	Restricted or Unrestricted

	Rattler Midstream Operating
LLC
	Delaware	5577244
	   500 West Texas Ave
Suite 1200
 Midland, Texas 79701
	No
	Restricted

	Tall City Towers LLC
	Delaware	6727079
	   500 West Texas Ave
Suite 1200
 Midland, Texas 79701
	Yes
	Restricted

	Rattler OMOG LLC
	Delaware	7617292
	   500 West Texas Ave
Suite 1200
 Midland, Texas 79701
	Yes
	Restricted

	Rattler Ajax
Processing LLC
	Delaware	7759041
	   500 West Texas Ave
Suite 1200
 Midland, Texas 79701
	Yes
	Restricted

	Rattler WTG LLC
	Delaware	6259068
	   500 West Texas Ave
Suite 1200
 Midland, Texas 79701
	No
	Restricted

	Rattler BANGL LLC
	Delaware	6506837
	   500 West Texas Ave
Suite 1200
 Midland, Texas 79701
	Yes
	Unrestricted

	Rattler Holdings LLC
	Delaware	6475960
	   500 West Texas Ave
Suite 1200
 Midland, Texas 79701
	Yes
	Restricted

If OMOG JV LLC, a Delaware limited liability company (organization identification number 7635076), at any time constitutes a Subsidiary under the Credit Agreement, it is an Unrestricted Subsidiary. Its principal place of business and chief executive office is 500 West Texas Ave, Suite 1200, Midland, Texas 79701.

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