Document:

Exhibit 10.1

 

AMENDMENT NO. 3

TO AGREEMENT AND PLAN OF MERGER

 

AMENDMENT NO. 3 TO AGREEMENT AND PLAN OF
MERGER, dated as of October 1, 2019 (this “Amendment”), by and among XpresSpa Group, Inc. (formerly known as
Form Holdings Corp.), a Delaware corporation (“Parent”), XpresSpa Holdings, LLC, a Delaware limited liability
company (the “Company”), and Mistral XH Representative, LLC, as representative of the unitholders of the Company
(the “Unitholders’ Representative”). Each of Parent, the Company and the Unitholders’ Representative
is sometimes referred to herein as a “Party” and collectively as the “Parties.” Capitalized
terms used but not otherwise defined herein shall have the meanings set forth in the Merger Agreement (as defined below).

 

RECITALS

 

WHEREAS, the Parties, FHXMS, LLC,
a Delaware limited liability company and wholly-owned subsidiary of Parent (“Merger Sub”), and each of the unitholders
of the Company (who were parties thereto or who become parties thereto by executing a joinder agreement) have entered into that
certain Agreement and Plan of Merger, dated as of August 8, 2016, as amended to date (collectively, the “Merger Agreement”);
and

 

WHEREAS, each of the Parties has
agreed to amend the Merger Agreement to modify certain provisions thereof, as set forth herein.

 

NOW, THEREFORE, in consideration
of the premises contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
the Parties agree as follows, notwithstanding anything to the contrary contained in the Merger Agreement:

 

1. Escrow Release. Each Party agrees
that the remaining shares of Parent Preferred Stock held in the Indemnity Escrow Fund shall be distributed as follows:

 

		(a)	13,333 shares of Parent Preferred Stock shall be delivered
to the Company on the date hereof, in satisfaction of Losses pursuant to the Notices of Claim described on Annex A hereto.

 

		(b)	8,333 shares of Parent Preferred Stock shall remain in
the Indemnity Escrow Fund until the 24 month anniversary of the date hereof (the “Claim Deadline”), solely
to satisfy Qualified Remaining Losses. “Qualified Remaining Losses” means Losses with respect to a Qualified
Claim (as defined on Annex A hereto) that meet all of the following criteria: (i) Parent is entitled to indemnification
for such Losses pursuant to the Merger Agreement, (ii) Parent has actually incurred such Losses after the date hereof and prior
to the Claim Deadline, and (iii) a Notice of Claim has been timely delivered with respect to the matter giving rise to such Losses
prior to the date hereof.

 

		(c)	All shares of Parent Preferred Stock held by the Escrow
Agent pursuant to the Escrow Agreement, other than those described in the preceding clauses (a) and (b), shall be released to
the Company Unitholders on the date hereof.

 

2. Treatment of Remaining Indemnity Escrow
Fund.

 

		(a)	The Parties acknowledge that, pursuant to that certain
Amendment to the Certificate of Designation of Preferences, Rights and Limitations of the Series D Convertible Preferred Stock,
dated as of July 8, 2019, upon receipt of stockholder approval each share of Parent Preferred Stock will be converted into Parent
Common Stock at a conversion price of $2.00 per share of Parent Common Stock (the “Conversion”). The Parties
agree that, for purposes of valuing shares of Parent Common Stock held in the Indemnity Escrow Fund following the Conversion,
each share of Parent Common Stock shall be valued at $2.00 per share; provided that, in the event that the market price
of the Parent Common Stock exceeds $2.00 per share, the Unitholders’ Representative may direct the Escrow Agent to sell
such Parent Common Stock, place cash equal to $2.00 per share of sold Parent Common Stock in the Indemnity Escrow Fund, and distribute
any excess proceeds to the Company Unitholders. Parent shall cooperate with, and take all reasonable actions (including issuing
a joint authorization to the Escrow Agent) to enable, the Unitholders’ Representative to take the actions described in the
preceding sentence.

 

     

     

    

 

		(b)	On the Claim Deadline, any and all assets remaining in
the Indemnity Escrow Fund (except for Parent Common Stock (valued in accordance with the provisions of this Amendment) and/or
cash with an aggregate value equal to any Qualified Remaining Losses that have not been paid to Parent as of such date) shall
be released to the Company Unitholders. Parent shall cooperate with, and take all reasonable actions (including issuing a joint
authorization to the Escrow Agent) to cause the occurrence of the release described in the preceding sentence.

 

		(c)	From and after the date hereof, (i) no Parent Indemnitee
shall deliver a Notice of Claim or otherwise seek indemnification pursuant to the Merger Agreement (other than with respect to
a Qualified Remaining Loss, as and to the extent provided in this Amendment) and (ii) the Parent Indemnitees’ sole recourse
with respect to any indemnifiable Losses shall be the Indemnity Escrow Fund.

 

3. Reference to and Effect in the Merger
Agreement.

 

		(a)	Upon the effectiveness of this Amendment, each reference
in the Merger Agreement to “this Agreement,” “hereunder,” “hereof” or words of like import
referring to the Merger Agreement shall mean and be a reference to the Merger Agreement as amended hereby.

 

		(b)	Except as specifically amended herein, the Merger Agreement
shall continue to be in full force and effect and is hereby in all respects ratified and confirmed, and the execution, delivery
and effectiveness of this Amendment shall not operate as a waiver of any right, power or remedy of any party under the Merger
Agreement.

 

4. Counterparts. This Amendment may
be executed in counterparts (each of which shall be deemed to be an original but all of which taken together shall constitute one
and the same agreement) and shall become effective when one or more counterparts have been signed by each of the parties and delivered
(by electronic communication, facsimile or otherwise).

 

5. Governing Law. This Amendment
shall be deemed to be made in and in all respects shall be interpreted, construed and governed by and in accordance with the law
of the State of Delaware without regard to the conflicts of law principles thereof.

 

Signature Page Follows

 

    2 

     

    

 

IN WITNESS WHEREOF, the parties hereto have
caused this Amendment No. 3 to Agreement and Plan of Merger to be executed as of the date first above written.

 

	 	XPRESSPA GROUP, INC.
	 	 	 
	 	By:	/s/ Douglas Satzman
	 	Name: Douglas Satzman
	 	Title: CEO
	 	 	 
	 	XPRESSPA HOLDINGS, LLC
	 	 	 
	 	By:	/s/ Douglas Satzman
	 	Name: Douglas Satzman
	 	Title: CEO
	 	 	 
	 	MISTRAL XH REPRESENTATIVE, LLC, as Unitholders’ Representative
	 	 	 
	 	By:	/s/ Andrew R. Heyer 
	 	Name: Andrew R. Heyer
	 	Title: CEOEX-10.1

 Exhibit 10.1 

Execution Version 

FOURTH AMENDMENT TO CREDIT AGREEMENT 

This FOURTH AMENDMENT TO CREDIT AGREEMENT (this
“Amendment”) dated as of September 27, 2019, is among LINN ENERGY HOLDCO II LLC, a Delaware limited liability company (the “Borrower”); LINN
ENERGY HOLDCO LLC, a Delaware limited liability company (the “Parent”); LINN MERGER SUB #1, LLC, a Delaware limited liability company
(“MidCo”); RIVIERA RESOURCES, INC., a Delaware corporation (“Holdings”); each of the undersigned guarantors (the “Guarantors”, and together with the
Borrower, the Parent, MidCo and Holdings, the “Obligors”); ROYAL BANK OF CANADA, as administrative agent for the Lenders (in such capacity, the “Administrative
Agent”) and as the Issuing Bank; and the Lenders signatory hereto. 
 R E C I
T A L S 
 A. The Borrower, the Parent, MidCo, Holdings, the
Administrative Agent and the Lenders are parties to that certain Credit Agreement dated as of August 4, 2017 (as amended by the First Amendment, the Second Amendment and the Third Amendment, the “Credit Agreement”), pursuant to
which the Lenders have made certain credit available to and on behalf of the Borrower. 
 B. The Borrower and the other Obligors are parties
to that certain Guarantee and Collateral Agreement dated as of August 4, 2017 made by each of the Grantors (as defined therein) in favor of the Administrative Agent. 

C. The Borrower, the Parent, MidCo, Holdings, 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
Amendment, shall have the meaning ascribed to such term in the Credit Agreement. Unless otherwise indicated, all section, exhibit and schedule references in this Amendment refer to sections, exhibits or schedules of the Credit Agreement. 

Section 2. Amendments to Credit Agreement. 

2.1 Amendments to Section 1.02. 

(a) Each of the following definitions is hereby amended and restated in its entirety to read as follows: 

“Agreement” means this Credit Agreement, as amended by the First Amendment, the Second Amendment, the Third
Amendment and the Fourth Amendment, as the same may from time to time be further amended, restated, amended and restated, supplemented or otherwise modified. 

 “Applicable Margin” means, for any day, with respect to any
ABR Loan or Eurodollar Loan, or with respect to the Commitment Fee Rate, as the case may be, the rate per annum set forth in the Borrowing Base Utilization Grid below based upon the Borrowing Base Utilization Percentage then in effect: 

 

																					
	 Borrowing Base Utilization
Grid
	 
	 Borrowing Base Utilization Percentage
	  	£	25.0%	 	  	 
 
	>25.0%
 £50.0%
	 
  
	  	 
	>50.0%
£75.0%	 
 	  	 
	>75.0%
£90.0%	 
 	  	 	>90.0%	 
	 ABR Loans
	  	 	1.00%	 	  	 	1.25%	 	  	 	1.50%	 	  	 	1.75%	 	  	 	2.00%	 
	 Eurodollar Loans
	  	 	2.00%	 	  	 	2.25%	 	  	 	2.50%	 	  	 	2.75%	 	  	 	3.00%	 
	 Commitment Fee Rate
	  	 	0.50%	 	  	 	0.50%	 	  	 	0.50%	 	  	 	0.50%	 	  	 	0.50%	 

 Each change in the Applicable Margin shall apply during the period commencing on the effective date of such
change in the Borrowing Base Utilization Percentage and ending on the date immediately preceding the effective date of the next such change, provided, that if at any time the Borrower fails to deliver a Reserve Report pursuant to
Section 8.11(a), then until delivery of such Reserve Report, the “Applicable Margin” shall mean the rate per annum set forth on the grid when the Borrowing Base Utilization Percentage is at its highest
level. 
 “Maturity Date” means August 4, 2021. 

“Permitted Asset Sale Properties” means, individually or collectively as the context may require, the
Scoop/Stack Assets, the Merge Assets, the Chisholm Midstream Assets, the South Texas Assets, the Permian-TX Assets, the Permian-NM Assets, the Williston Assets, the
Drunkards Wash Assets, the North Louisiana Assets, the Illinois Assets, the Texas Assets and the Hugoton Basin Assets. 
 (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 September 25, 2019, among the Borrower, Holdings, MidCo, the Parent, the other Guarantors, the Administrative Agent and the Lenders party thereto. 

“Fourth Amendment Effective Date” has the meaning assigned to such term in the Fourth Amendment. 

“Hugoton Basin Assets” means any Oil and Gas Properties located in Kansas. 

“Illinois Assets” means any Oil and Gas Properties located in Illinois. 

  
 Page 2 

 “North Louisiana Assets” means any Oil and Gas Properties
located in Bienville, Bossier, Catahoula, Claiborne, Grant, Jackson, Lincoln, Morehouse, Ouachita, Tensas, Union, Webster and Winn Parishes, Louisiana. 

“Texas Assets” means any Oil and Gas Properties located in Texas (other than the South Texas Assets and the Permian-TX Assets). 
 (c) The definition of “Total Net Debt” is hereby amended by replacing the
reference therein to “$100,000,000” with “$25,000,000”. 
 2.2 Amendment to Article I. Article I is hereby
amended by adding new Sections 1.07 and 1.08 to the end thereof to read as follows: 
 Section 1.07 Divisions.
For all purposes under the Loan Documents, in connection with any division or plan of division under Delaware law (or any comparable event under a different jurisdiction’s laws): (a) if any asset, right, obligation or liability of any Person
becomes the asset, right, obligation or liability of a different Person, then it shall be deemed to have been transferred from the original Person to the subsequent Person, and (b) if any new Person comes into existence, such new Person shall
be deemed to have been organized and acquired on the first date of its existence by the holders of its Equity Interests at such time. 

Section 1.08 Interest Rates; LIBOR Notification. The interest rate on Eurodollar Loans is determined by reference
to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank
market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to
the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may
no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative
reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 3.03 of this
Agreement, such Section 3.03 provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 3.03, in advance of any
change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration,
submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without
limitation, whether the composition or characteristics of any such 

  
 Page 3 

 
alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 3.03, will be similar to, or produce the same value or
economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability. 

2.3 Amendment to Section 3.03. Section 3.03 is hereby amended and restated in its entirety to read as follows:

 Section 3.03 Alternate Rate of Interest. 

(a) If prior to the commencement of any Interest Period for a Eurodollar Borrowing: 

(i) the Administrative Agent determines (which determination shall be conclusive absent manifest error) that adequate and
reasonable means do not exist for ascertaining the Adjusted LIBO Rate or the LIBO Rate for such Interest Period; or 
 (ii)
the Administrative Agent is advised by the Majority Lenders that the Adjusted LIBO Rate or LIBO Rate, as applicable, for such Interest Period will not adequately and fairly reflect the cost to such Lenders of making or maintaining their Loans
included in such Borrowing for such Interest Period; 
 then the Administrative Agent shall give notice thereof to the Borrower and the
Lenders by telephone, fax or electronic communication as promptly as practicable thereafter and, until the Administrative Agent notifies the Borrower and the Lenders that the circumstances giving rise to such notice no longer exist, (x) any
Interest Election Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be ineffective, and (y) if any Borrowing Request requests a Eurodollar Borrowing, such Borrowing shall
be made, as an ABR Borrowing. 
 (b) If at any time the Administrative Agent determines (which determination shall be
conclusive absent manifest error) that (i) the circumstances set forth in clause (a)(i) have arisen and such circumstances are unlikely to be temporary or (ii) the circumstances set forth in clause (a)(i) have not arisen but
either (w) the supervisor for the administrator of the LIBO Rate has made a public statement that the administrator of the LIBO Rate is insolvent (and there is no successor administrator that will continue publication of the LIBO Rate), (x) the
administrator of the LIBO Rate has made a public statement identifying a specific date after which the LIBO Rate will permanently or indefinitely cease to be published by it (and there is no successor administrator that will continue publication of
the LIBO Rate), (y) the supervisor for the administrator of the LIBO Rate has made a public statement identifying a specific date after which the LIBO Rate will permanently or indefinitely cease to be published or (z) the supervisor for the
administrator of the LIBO Rate or a Governmental Authority having jurisdiction over the Administrative Agent has made a public statement identifying a specific 

  
 Page 4 

 
date after which the LIBO Rate may no longer be used for determining interest rates for loans, then the Administrative Agent and the Borrower shall endeavor to establish an alternate rate of
interest to the LIBO Rate that gives due consideration to the then prevailing market convention for determining a rate of interest for syndicated loans in the United States at such time, and shall enter into an amendment to this Agreement to reflect
such alternate rate of interest and such other related changes to this Agreement as may be applicable (but for the avoidance of doubt, such related changes shall not include a reduction of the Applicable Margin); provided that, if such
alternate rate of interest as so determined would be less than zero, such rate shall be deemed to be zero for the purposes of this Agreement. Notwithstanding anything to the contrary in Section 12.02(b), such amendment
shall become effective without any further action or consent of any other party to this Agreement so long as the Administrative Agent shall not have received, within five Business Days of the date notice of such alternate rate of interest is
provided to the Lenders, a written notice from the Majority Lenders stating that such Majority Lenders object to such amendment. Until an alternate rate of interest shall be determined in accordance with this
Section 3.03(b) (but, in the case of the circumstances described in clause (ii)(w), clause (ii)(x) or clause (ii)(y) of the first sentence of this Section 3.03(b), only to the extent the LIBO Rate
for such Interest Period is not available or published at such time on a current basis), (x) any Interest Election Request that requests the conversion of any Borrowing to, or continuation of any Borrowing as, a Eurodollar Borrowing shall be
ineffective and (y) if any Borrowing Request requests a Eurodollar Borrowing, such Borrowing shall be made as an ABR Borrowing. 

2.4 Amendment to Section 12.02(b). The last sentence of Section 12.02(b) is hereby amended and restated to read
as follows: 
 Notwithstanding the foregoing, (i) any supplement to any Schedule permitted or required to be delivered
under this Agreement or any other Loan Document shall be effective simply by delivering to the Administrative Agent a supplemental Schedule clearly marked as such and, upon receipt, the Administrative Agent will promptly deliver a copy thereof to
the Lenders, (ii) any Security Instrument may be supplemented to add additional collateral with the consent of the Administrative Agent, and (iii) the Administrative Agent and the Borrower may, without the consent of any Lender, enter into
amendments or modifications to this Agreement or any of the other Loan Documents or enter into additional Loan Documents as the Administrative Agent reasonably deems appropriate in order to effectuate the terms of
Section 3.03(b). 
 2.5 Amendment to Article XII. Article XII is hereby amended by adding a new
Section 12.24 to the end thereof to read as follows: 
 Section 12.24 Acknowledgement Regarding Any Supported
QFCs. To the extent that the Loan Documents provide support, through a guarantee or otherwise, for any Swap Agreement or any other agreement or instrument that is a QFC (such support, “QFC Credit Support”, and each such QFC, a
“Supported QFC”), the 

  
 Page 5 

 
parties acknowledge and agree as follows with respect to the resolution power of the Federal Deposit Insurance Corporation under the Federal Deposit Insurance Act and Title II of the Dodd-Frank
Wall Street Reform and Consumer Protection Act (together with the regulations promulgated thereunder, the “U.S. Special Resolution Regimes”) in respect of such Supported QFC and QFC Credit Support (with the provisions below
applicable notwithstanding that the Loan Documents and any Supported QFC may in fact be stated to be governed by the laws of the State of New York and/or of the United States or any other state of the United States): 

(a) In the event a Covered Entity that is party to a Supported QFC (each, a “Covered Party”) becomes subject
to a proceeding under a U.S. Special Resolution Regime, the transfer of such Supported QFC and the benefit of such QFC Credit Support (and any interest and obligation in or under such Supported QFC and such QFC Credit Support, and any rights in
property securing such Supported QFC or such QFC Credit Support) from such Covered Party will be effective to the same extent as the transfer would be effective under the U.S. Special Resolution Regime if the Supported QFC and such QFC Credit
Support (and any such interest, obligation and rights in property) were governed by the laws of the United States or a state of the United States. In the event a Covered Party or a BHC Act Affiliate of a Covered Party becomes subject to a proceeding
under a U.S. Special Resolution Regime, Default Rights under the Loan Documents that might otherwise apply to such Supported QFC or any QFC Credit Support that may be exercised against such Covered Party are permitted to be exercised to no greater
extent than such Default Rights could be exercised under the U.S. Special Resolution Regime if the Supported QFC and the Loan Documents were governed by the laws of the United States or a state of the United States. Without limitation of the
foregoing, it is understood and agreed that rights and remedies of the parties with respect to a Defaulting Lender shall in no event affect the rights of any Covered Party with respect to a Supported QFC or any QFC Credit Support. 

(b) As used in this Section 12.24, the following terms have the following meanings: 

(i) “BHC Act Affiliate” of a party means an “affiliate” (as such term is defined under, and
interpreted in accordance with, 12 U.S.C. 1841(k)) of such party. 
 (ii) “Covered Entity” means any of the
following: (i) a “covered entity” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 252.82(b); (ii) a “covered bank” as that term is defined in, and interpreted in accordance with, 12 C.F.R.
§ 47.3(b); or (iii) a “covered FSI” as that term is defined in, and interpreted in accordance with, 12 C.F.R. § 382.2(b). 

(iii) “Default Right” has the meaning assigned to that term in, and shall be interpreted in accordance with,
12 C.F.R. §§ 252.81, 47.2 or 382.1, as applicable. 

  
 Page 6 

 (iv) “QFC” has the meaning assigned to the term
“qualified financial contract” in, and shall be interpreted in accordance with, 12 U.S.C. 5390(c)(8)(D). 
 Section 3.
Assignment and Assumption; Borrowing Base Reduction. 
 3.1 Assignment and Assumption; Exiting Lenders. 

(a) As used in this Fourth Amendment, (i) the term “Existing Lenders” means the collective reference to each Lender
party to the Credit Agreement immediately prior to the Fourth Amendment Effective Date; (ii) the term “Exiting Lenders” means the collective reference to each of Barclays Bank PLC; Morgan Stanley Bank, N.A.; PNC Bank National
Association; ABN AMRO Capital USA LLC; Capital One, National Association; Comerica Bank; BMO Harris Bank N.A.; DNB Capital LLC; Fifth Third Bank; KeyBank National Association; Societe Generale; SunTrust Bank; BP Energy Company; Cargill,
Incorporated; Macquarie Bank Limited; Nextera Energy Marketing, LLC; and (iii) the term “Continuing Lenders” means the collective reference to each Existing Lender other than an Exiting Lender. 

(b) Effective as of the Fourth Amendment Effective Date, immediately prior to giving effect to the amendments to the Credit Agreement set
forth in Section 2 and the Borrowing Base reduction set forth in Section 3.2 and for an agreed consideration, each Exiting Lender (each an “Assignor”) hereby irrevocably sells and assigns to each Continuing Lender (each an
“Assignee”), and each Assignee hereby irrevocably purchases and assumes from the Assignors, subject to and in accordance with the Standard Terms and Conditions attached as Annex 1 to Exhibit D to the Credit Agreement (the
“Standard Terms and Conditions”) and the Credit Agreement (the “Assignment and Assumption”): (i) all of such Assignor’s rights and obligations in its capacity as a Lender under the Credit Agreement and any
other documents or instruments delivered pursuant thereto to the extent related to such Assignor’s Assigned Interest (as defined below), including, without limitation, to the extent related to such Assignor’s Assigned Interest, the
Commitment and the Maximum Credit Amount of such Assignor and all of the Loans owing to such Assignor which are outstanding on the Fourth Amendment Effective Date, together with the participations in Letters of Credit held by such Assignor on the
Fourth Amendment Effective Date (but excluding accrued interest and fees to and excluding the Fourth Amendment Effective Date), in each case, to the extent of an amount and percentage interest (such Assignor’s “Assigned
Interest”), such that, after giving effect to such sale, assignment, purchase and assumption, (A) each Assignee shall have the Commitment, Maximum Credit Amount and Loans (and participations in Letters of Credit) specified in the below
grid under the caption “Continuing Lenders’ Interests”, (B) the Commitment of each Exiting Lender shall be zero, (C) each Exiting Lender shall have sold and assigned to the Assignees all of the Loans owing to such Exiting Lender
which are outstanding on the Fourth Amendment Effective Date, together with the participations in Letters of Credit held by such Exiting Lender on the Fourth Amendment Effective Date, and (D) each Exiting Lender shall cease to be a
“Lender” for all purposes under the Credit Agreement and the other Loan Documents but shall continue to be entitled to the benefits of Section 5.01, Section 5.02, Section 5.03 and Section 12.03 of the Credit Agreement;
and (ii) to the extent permitted to be assigned under applicable law, all claims, suits, causes of action and any other right of the Existing Lenders (each in its capacity as a Lender) against any Person, whether known or unknown, arising under
or in connection with the Credit Agreement, any other documents or instruments delivered 

  
 Page 7 

 
pursuant thereto or the loan transactions governed thereby or in any way based on or related to any of the foregoing, including contract claims, tort claims, malpractice claims, statutory claims
and all other claims at law or in equity related to the rights and obligations sold and assigned pursuant to clause (i) above. Such sale and assignment is without recourse to any Existing Lender and, except as expressly provided in the Standard
Terms and Conditions, without representation or warranty by any Existing Lender. The Administrative Agent hereby waives the processing and recordation fee of $3,500 payable to the Administrative Agent pursuant to 12.04(b)(ii)(C) of the Credit
Agreement in connection with the Assignment and Assumption. The Standard Terms and Conditions are hereby agreed to and incorporated herein by reference and made a part of the terms of the Assignment and Assumption pursuant to this Section 3.1
as if set forth herein in full. 
 A. Continuing Lenders’ Interests: 

 

													
	 CONTINUING LENDERS
	  	MAXIMUM CREDIT
AMOUNT 	 	  	PRINCIPAL
AMOUNT OF
LOANS 	 	  	PARTICIPATIONS IN
LETTERS OF CREDIT 
AND
LC DISBURSEMENTS 	 
	 Royal Bank of Canada
	  	$	111,111,111.11	 	  	$	0.00	 	  	$	7,232,761.94	 
	 Citibank, N.A.
	  	$	102,777,777.78	 	  	$	0.00	 	  	$	6,690,304.81	 
	 JPMorgan Chase Bank, N.A.
	  	$	102,777,777.78	 	  	$	0.00	 	  	$	6,690,304.81	 
	 Cadence Bank, N.A.
	  	$	61,111,111.11	 	  	$	0.00	 	  	$	3,978,019.07	 
	 Cathay Bank
	  	$	61,111,111.11	 	  	$	0.00	 	  	$	3,978,019.07	 
	 Canadian Imperial Bank of Commerce, New York Branch
	  	$	61,111,111.11	 	  	$	0.00	 	  	$	3,978,019.07	 

 (c) Amendment and Restatement of Annex I to the Credit Agreement. On the Fourth Amendment Effective
Date, immediately after giving effect to the Assignment and Assumption pursuant to this Section 3.1: (a) each of the Lenders shall have the Maximum Credit Amount specified for such Person on Annex I attached to this Fourth Amendment;
(b) Annex I of the Credit Agreement is hereby amended and restated in its entirety to read as set forth on Annex I attached to this Fourth Amendment; and (c) each Exiting Lender shall cease to be a “Lender” for all
purposes under the Credit Agreement and the other Loan Documents. 
 3.2 Borrowing Base Reduction. For the period from and including
the Fourth Amendment Effective Date to but excluding the next Redetermination Date, the amount of the Borrowing Base shall be equal to $90,000,000. Notwithstanding the foregoing, the Borrowing Base may be subject to further adjustments from time to
time to the extent required by Section 2.07(e), Section 2.07(f) or Section 8.12(c). For avoidance of doubt, this Borrowing Base increase shall constitute the October 1, 2019 Scheduled Redetermination. 

  
 Page 8 

 Section 4. Conditions Precedent to Fourth Amendment Effective Date. This
Amendment shall become effective on the date (such date, the “Fourth Amendment Effective Date”) when each of the following conditions is satisfied (or waived in accordance with Section 12.02 of the Credit Agreement): 

4.1 Fourth Amendment. The Administrative Agent shall have received from the Borrower, each other Obligor, each Lender and the Issuing
Bank counterparts (in such number as may be requested by the Administrative Agent) of this Amendment signed on behalf of such Persons; provided that each Exiting Lender shall sign this Amendment solely for the purpose of agreeing to the provisions
of Section 3.1. 
 4.2 No Default. No Default, Event of Default or Borrowing Base Deficiency shall have occurred and be
continuing as of the Fourth Amendment Effective Date. 
 4.3 Payment of Outstanding Invoices. The Administrative Agent shall have
received payment by the Borrower of all fees and other amounts due and payable on or prior to the Fourth Amendment Effective Date, including, to the extent invoiced prior to the Fourth Amendment Effective Date, reimbursement or payment of all
reasonable out-of-pocket expenses required to be reimbursed or paid by the Borrower (including, but not limited to the reasonable fees of Paul Hastings LLP), in each
case pursuant to the Credit Agreement. 
 4.4 Secretary Certificate. The Administrative Agent shall have received a certificate of
the Secretary or a Responsible Officer of the Borrower and of each other Obligor setting forth (i) resolutions of the managers, board of directors or other managing body with respect to the authorization of the Borrower or such Obligor to
execute and deliver the Loan Documents to which it is a party, (ii) the individuals (A) who are authorized to sign the Loan Documents to which the Borrower or such Obligor is a party and (B) who will, until replaced by another
individual duly authorized for that purpose, act as its representative for the purposes of signing documents and giving notices and other communications in connection with this Agreement and the other Loan Documents to which it is a party,
(iii) specimen signatures of such authorized individuals, and (iv) for the Borrower and each other Obligor, the articles or certificate of incorporation or formation (certified by the Secretary of State of the jurisdiction of organization)
and the bylaws, operating agreement, partnership agreement or other Organizational Document, as applicable, in each case, certified as being true and complete. 

4.5 Good Standings. The Administrative Agent shall have received certificates with respect to the existence, qualification and good
standing or other comparable status of the Borrower and each of the other Obligors from the appropriate State agency of such Obligor’s jurisdiction of organization and such other jurisdictions as may be reasonably requested by the
Administrative Agent. 
 4.6 Legal Opinion. The Administrative Agent shall have received an opinion of Kirkland & Ellis LLP,
counsel to the Obligors, in form and substance reasonably satisfactory to the Administrative Agent, as to such customary matters regarding this Agreement, the Security Instruments and the other Loan Documents and the Transactions as the
Administrative Agent or its counsel may reasonably request. 

  
 Page 9 

 The Administrative Agent is hereby authorized and directed to declare this Amendment to be
effective and to declare the occurrence of the Fourth Amendment Effective Date when it has received documents confirming compliance with the conditions set forth in this Section 3 or the waiver of such conditions in accordance with
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. For purposes of determining compliance with the conditions specified in this
Section 3, each Lender that has signed this Amendment shall be deemed to have consented to, approved or accepted, or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or
satisfactory to such Lender, unless the Administrative Agent shall have received written notice from such Lender prior to the Fourth Amendment Effective Date specifying its objection thereto. 

Section 5. Post-Closing Covenants. 

5.1 Mortgages. On or before the date that is thirty (30) days following the Fourth Amendment Effective Date (or such later date as
the Administrative Agent may agree in its sole discretion), the Borrower shall have delivered to the Administrative Agent duly executed and notarized deeds of trust or mortgages or supplements to existing deeds of trust or mortgages in form
reasonably satisfactory to the Administrative Agent, to the extent necessary so that the Mortgaged Properties represent at least 85% of the total value of the proved Oil and Gas Properties of the Borrower and the Restricted Subsidiaries evaluated in
the most recently delivered Reserve Report. 
 5.2 Title Materials. On or before the date that is thirty (30) days following the
Fourth Amendment Effective Date (or such later date as the Administrative Agent may agree in its sole discretion), the Borrower shall have delivered to the Administrative Agent, together with title information previously delivered to the
Administrative Agent, title information as the Administrative Agent may reasonably require satisfactory to the Administrative Agent setting forth the status of title to at least 75% of the total value of the proved Oil and Gas Properties evaluated
by the most recently delivered Reserve Report. 
 The failure by the Borrower to comply with any of the requirements of this Section 5
of this Fourth Amendment shall constitute an immediate Event of Default. 
 Section 6. Miscellaneous. 

6.1 Confirmation. The provisions of the Credit Agreement (as amended by this Amendment) shall remain in full force and effect in
accordance with its terms following the effectiveness of this Amendment. 
 6.2 Ratification and Affirmation; Representations and
Warranties. Each Obligor hereby: (a) acknowledges the terms of this Amendment; (b) ratifies and affirms its obligations, and acknowledges, renews and extends 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 amended hereby (subject to subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting creditors’ rights generally
and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law); (c) agrees that from and after the Fourth Amendment Effective Date, each reference to the Credit Agreement in the Loan Documents
shall be deemed to be a reference to the Credit Agreement, as 

  
 Page 10 

 
amended by this Amendment; and (d) represents and warrants to the Lenders that as of the date hereof, after giving effect to the terms of this Amendment: (i) the representations and
warranties set forth in each Loan Document are true and correct in all material respects (except for those which have a materiality qualifier, which shall be true and correct in all respects as so qualified), 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 in all material respects (except for those which have a materiality qualifier, which
shall be true and correct in all respects as so qualified) as of such specified earlier date and (ii) no Default has occurred and is continuing. 

6.3 Counterparts. This Amendment may be executed in counterparts (and by different parties hereto on different counterparts), each of
which shall constitute an original, but all of which when taken together shall constitute a single contract. Delivery of an executed counterpart of a signature page of this Amendment by fax, as an attachment to an email or other similar electronic
means shall be effective as delivery of a manually executed counterpart of this Agreement. 
 6.4 NO ORAL AGREEMENT. THIS
AMENDMENT, THE CREDIT AGREEMENT AND THE OTHER LOAN DOCUMENTS EXECUTED IN CONNECTION HEREWITH AND THEREWITH REPRESENT THE FINAL AGREEMENT AMONG THE PARTIES HERETO AND THERETO AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR
SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. 
 6.5 GOVERNING LAW. THIS
AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK. 
 6.6 Payment of Expenses. In
accordance with Section 12.03(a) of the Credit Agreement, the Borrower agrees to pay or reimburse the Administrative Agent for its reasonable and documented
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 and documented fees, charges and disbursements of counsel to each of the Administrative Agent. 

6.7 Severability. Any provision of this Amendment held to be invalid, illegal or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such invalidity, illegality or unenforceability without affecting the validity, legality and enforceability of the remaining provisions hereof or thereof; and the invalidity of a particular provision in
a particular jurisdiction shall not invalidate such provision in any other jurisdiction. 
 6.8 Successors and Assigns. This
Amendment shall be binding upon and inure to the benefit of the parties to the Credit Agreement and their respective successors and assigns permitted thereby. 

6.9 Loan Document. This Amendment is a “Loan Document” as defined and described in the Credit Agreement and all of the terms
and provisions of the Credit Agreement relating to Loan Documents shall apply hereto. 
 [Signatures begin next page.] 

  
 Page 11 

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

							
	BORROWER:	 		 	LINN ENERGY HOLDCO II LLC
				
		 		 	By:	 	 /s/ Holly Anderson

		 		 	Name:	 	Holly Anderson
		 		 	Title:	 	Executive Vice President and General Counsel

  

							
	PARENT:	 		 	LINN ENERGY HOLDCO LLC
				
		 		 	By:	 	 /s/ Holly Anderson

		 		 	Name:	 	Holly Anderson
		 		 	Title:	 	Executive Vice President and General Counsel

  

							
	MIDCO:	 		 	LINN MERGER SUB #1, LLC
				
		 		 	By:	 	 /s/ Holly Anderson

		 		 	Name:	 	Holly Anderson
		 		 	Title:	 	Executive Vice President and General Counsel

  

							
	HOLDINGS:	 		 	RIVIERA RESOURCES, INC.
				
		 		 	By:	 	 /s/ Holly Anderson

		 		 	Name:	 	Holly Anderson
		 		 	Title:	 	Executive Vice President and General Counsel

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

							
	GUARANTORS:	 		 	RIVIERA UPSTREAM, LLC
				
		 		 	By:	 	 /s/ Holly Anderson

		 		 	Name:	 	Holly Anderson
		 		 	Title:	 	Executive Vice President and General Counsel

  

							
		 		 	RIVIERA OPERATING, LLC
				
		 		 	By:	 	 /s/ Holly Anderson

		 		 	Name:	 	Holly Anderson
		 		 	Title:	 	Executive Vice President and General Counsel

  

							
		 		 	RIVIERA MARKETING, LLC
				
		 		 	By:	 	 /s/ Holly Anderson

		 		 	Name:	 	Holly Anderson
		 		 	Title:	 	Executive Vice President and General Counsel

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

							
	ADMINISTRATIVE AGENT:	 		 	ROYAL BANK OF CANADA, as Administrative Agent
				
		 		 	By:	 	 /s/ Rodica Dutka

		 		 	Name:	 	Rodica Dutka
		 		 	Title:	 	Manager, Agency

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

							
	ISSUING BANK AND LENDER:	 		 	ROYAL BANK OF CANADA, as Issuing Bank and a Lender
				
		 		 	By:	 	 /s/ Emilee Scott

		 		 	Name:	 	Emilee Scott
		 		 	Title:	 	Authorized Signatory

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

							
	LENDERS:	 		 	CITIBANK, N.A., as a Lender
				
		 		 	By:	 	 /s/ Saqeeb Ludhi

		 		 	Name:	 	Saqeeb Ludhi
		 		 	Title:	 	Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	BARCLAYS BANK PLC, as an Exiting Lender
		
	By:	 	 /s/ Sydney G. Dennis

	Name:	 	Sydney G. Dennis
	Title:	 	Director

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	JPMORGAN CHASE BANK, N.A., as a Lender
		
	By:	 	 /s/ Anson Williams

	Name:	 	Anson Williams
	Title:	 	Authorized Signatory

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	MORGAN STANLEY BANK, N.A., as an Exiting Lender
		
	By:	 	 /s/ Megan Kushner

	Name:	 	Megan Kushner
	Title:	 	Authorized Signatory

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	PNC BANK NATIONAL ASSOCIATION, as an Exiting Lender
		
	By:	 	 /s/ Denise S. Davis

	Name:	 	Denise S. Davis
	Title:	 	Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	ABN AMRO CAPITAL USA LLC, as an Exiting Lender
		
	By:	 	 /s/ Darrell Holley

	Name:	 	Darrell Holley
	Title:	 	Managing Director

  

			
	By:	 	 /s/ Beth Johnson

	Name:	 	Beth Johnson
	Title:	 	Executive Director

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	CADENCE BANK, N.A., as a Lender
		
	By:	 	 /s/ Anthony Blanco

	Name:	 	Anthony Blanco
	Title:	 	Senior Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	CAPITAL ONE, NATIONAL ASSOCIATION, as an Exiting Lender
		
	By:	 	 /s/ Monica Pantea

	Name:	 	Monica Pantea
	Title:	 	Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	CATHAY BANK, as a Lender
		
	By:	 	 /s/ Stephen V Bacala II

	Name:	 	Stephen V Bacala II
	Title:	 	Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	CANADIAN IMPERIAL BANK OF COMMERCE, NEW YORK BRANCH, as a Lender
		
	By:	 	 /s/ Scott W. Danvers

	Name:	 	Scott W. Danvers
	Title:	 	Authorized Signatory

  

			
	By:	 	 /s/ Trudy Nelson

	Name:	 	Trudy Nelson
	Title:	 	Authorized Signatory

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	COMERICA BANK, as an Exiting Lender
		
	By:	 	 /s/ Britney P. Geidel

	Name:	 	Britney P. Geidel
	Title:	 	Portfolio Manager, AVP

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	BMO HARRIS BANK N.A., as an Exiting Lender
		
	By:	 	 /s/ Patrick Johnston

	Name:	 	Patrick Johnston
	Title:	 	Director

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	DNB CAPITAL LLC, as an Exiting Lender
		
	By:	 	 /s/ Scott L. Joyce

	Name:	 	Scott L. Joyce
	Title:	 	Senior Vice President

  

			
	By:	 	 /s/ James Grubb

	Name:	 	James Grubb
	Title:	 	First Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	FIFTH THIRD BANK, as an Exiting Lender
		
	By:	 	 /s/ Dan Condley

	Name:	 	Dan Condley
	Title:	 	Managing Director

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	KEYBANK NATIONAL ASSOCIATION, as an Exiting Lender
		
	By:	 	 /s/ David M. Bornstein

	Name:	 	David M. Bornstein
	Title:	 	Senior Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	SOCIETE GENERALE, as an Exiting Lender
		
	By:	 	 /s/ Max Sonnonstine

	Name:	 	Max Sonnonstine
	Title:	 	Director

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	SUNTRUST BANK, as an Exiting Lender
		
	By:	 	 /s/ Benjamin L. Brown

	Name:	 	Benjamin L. Brown
	Title:	 	Director

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	BP ENERGY COMPANY, as an Exiting Lender
		
	By:	 	 /s/ Mark Galicia

	Name:	 	Mark Galicia
	Title:	 	Attorney-in-Fact

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	CARGILL, INCORPORATED, as an Exiting Lender
		
	By:	 	 /s/ Tyler R. Smith

	Name:	 	Tyler R. Smith
	Title:	 	Authorized Signer

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	MACQUARIE BANK LIMITED, as an Exiting Lender
		
	By:	 	 /s/ Ben Mossemenear

	Name:	 	Ben Mossemenear
	Title:	 	Division Director

  

			
	By:	 	 /s/ Lynette Ladhams

	Name:	 	Lynette Ladhams
	Title:	 	Associate Director - CGM Legal

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 
			
	NEXTERA ENERGY MARKETING, LLC, as an Exiting Lender
		
	By:	 	 /s/ Michael Toal

	Name:	 	Michael Toal
	Title:	 	Vice President

  
 SIGNATURE
PAGE 
 FOURTH AMENDMENT TO CREDIT AGREEMENT 

 ANNEX I 

MAXIMUM CREDIT AMOUNTS 
  

									
	 Name of Lender
	 	Applicable
Percentage	 	 	Maximum
Credit Amount	 
	 Royal Bank of Canada
	 	 	22.222222222	% 	 	$	111,111,111.11	 
	 Citibank, N.A.
	 	 	20.555555556	% 	 	$	102,777,777.78	 
	 JPMorgan Chase Bank, N.A.
	 	 	20.555555556	% 	 	$	102,777,777.78	 
	 Cadence Bank, N.A.
	 	 	12.222222222	% 	 	$	61,111,111.11	 
	 Cathay Bank
	 	 	12.222222222	% 	 	$	61,111,111.11	 
	 Canadian Imperial Bank of Commerce, New York Branch
	 	 	12.222222222	% 	 	$	61,111,111.11	 
		 	  
	  
	 	 	  
	  
	 
	 TOTAL
	 	 	100.00000000	% 	 	$	500,000,000.00	 
		 	  
	  
	 	 	  
	  
	 

  
 ANNEX I

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00300-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00300-of-00352.parquet"}]]