Document:

denparp_Ex10_18_1

		
			Exhibit 10.18.1
		

		
			EXECUTION VERSION
		

		
			Amended and Restated RESTRUCTURING SUPPORT AGREEMENT
		

		
			This Amended and Restated Restructuring Support Agreement, dated as of April 8, 2016 (this “Agreement”), is among:
		

			
	
			
				 (i)
			Venoco, Inc. (“Venoco”), Denver Parent Corporation (“HoldCo”), Ellwood Pipeline, Inc., TexCal Energy (LP) LLC, Whittier Pipeline Corporation, TexCal Energy (GP) LLC and TexCal Energy South Texas, L.P. (each, a “Debtor” and, collectively, the “Debtors”);

			
	
			
				 (ii)
			each of the beneficial holders identified on the signature pages hereto or that becomes a party to this Agreement by executing and delivering a Joinder (as defined below) (in such capacity, the “Consenting First Lien Noteholders”) of outstanding notes issued pursuant to the Indenture, dated as of April 2, 2015 (the “First Lien Notes Indenture”), for the issuance of 12.00% Senior Secured Notes due 2019 among Venoco, as issuer, the other Guarantors party thereto, and U.S. Bank National Association (“U.S. Bank”), as indenture trustee (the “First Lien Notes”);

			
	
			
				 (iii)
			each of the beneficial holders identified on the signature pages hereto or that becomes a party to this Agreement by executing and delivering a Joinder (in such capacity, the “Consenting Second Lien Noteholders” and, together with the Consenting First Lien Noteholders, the “Consenting Secured Noteholders”) of outstanding notes issued pursuant to the Indenture, dated as of April 2, 2015 (the “Second Lien Notes Indenture”), for the issuance of 8.875% Senior Secured Notes due 2019 among Venoco, as issuer, the other Guarantors party thereto, and U.S. Bank, as indenture trustee (the “Second Lien Notes”); and

			
	
			
				 (iv)
			each of the beneficial holders identified on the signature pages hereto or that becomes a party to this Agreement by executing and delivering a Joinder (in such capacity, the “Consenting Unsecured Noteholders” and, together with the Consenting Secured Noteholders, the “Restructuring Support Parties”) of outstanding notes issued pursuant to the Indenture, dated as of February 5, 2011 (the “Unsecured Notes Indenture”), for the issuance of 8.875% Senior Notes due 2019 among Venoco, as issuer, the other Guarantors party thereto, and Wilmington Savings Fund Society, FSB (“Wilmington”), as successor indenture trustee (the “Unsecured Notes” and, together with the First Lien Notes and the Second Lien Notes, the “Notes”). This Agreement collectively refers to the Debtors and the Restructuring Support Parties as the “Parties” and each individually as a “Party”.

		
			RECITALS
		

			
	
			
				 A.
			The Parties have agreed to implement a chapter 11 restructuring transaction for the Debtors pursuant to the chapter 11 plan attached hereto as Exhibit A (as it may be amended or modified in accordance with Section 26 hereof, the “Plan”), the divestment letter agreement attached hereto as Exhibit B (as it may be amended or modified in accordance with Section 26 hereof, the “Management Divestment Letter Agreement”) and the divestment letter agreement attached hereto as Exhibit C (as it may be amended or modified in accordance with Section 26 hereof, the “Unsecured Notes Divestment Letter Agreement” and, together with the Management Divestment Letter Agreement, the “Divestment Letter Agreements”), and subject 

		
			

		 

 

to the terms and conditions set forth in this Agreement, the Plan and the Divestment Letter Agreements (such restructuring transaction, the “Restructuring Transaction”).
		

			
	
			
				 B.
			The Plan and the Divestment Letter Agreements, which are expressly incorporated herein by reference and made part of this Agreement as if fully set forth herein, are the product of arm’s-length, good faith negotiations among the Parties and their respective professionals. In the event of any inconsistency between the terms of this Agreement, the Divestment Letter Agreements and the Plan, the Plan shall control and govern.

			
	
			
				 C.
			The Debtors have commenced voluntary reorganization cases under chapter 11 of title 11 of the United States Code, 11 U.S.C. §§ 101—1532 (as amended, the “Bankruptcy Code”) (the “Chapter 11 Cases”) in the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) to effectuate the Restructuring Transaction, which will be implemented pursuant the Definitive Documentation (as defined below).

		
			THEREFORE, each of the Parties hereby agrees as follows:
		

		
			AGREEMENT
		

			
	
			
				 1.
			Amended and Restated RSA Effective Date; Time of the Essence. This Agreement shall become effective, and the obligations contained herein shall become binding upon the Parties, upon the first date (such date, the “Amended and Restated RSA Effective Date”) that this Agreement has been executed by all of the following: (a) each Debtor; (b) Consenting First Lien Noteholders holding, in aggregate, at least two-thirds (66.67%) in principal amount outstanding of the First Lien Notes; (c) Consenting Second Lien Noteholders holding, in aggregate, at least two-thirds (66.67%) in principal amount outstanding of the Second Lien Notes; and (d) Consenting Unsecured Noteholders holding, in aggregate, at least two-thirds (66.67%) in principal amount outstanding of the Unsecured Notes. Notwithstanding any proposed deadlines in relation to the Restructuring Transaction, the Parties (i) acknowledge and agree that time is of the essence and (ii) intend to complete the Restructuring Transaction as expeditiously as possible.

			
	
			
				 2.
			Definitive Documentation. The definitive documents and agreements (the “Definitive Documentation”) governing the Restructuring Transaction shall include every order entered by the Bankruptcy Court, and every pleading, motion, proposed order, or document filed by the Debtors, for so long as this Agreement has not been terminated in accordance with the terms hereof, related to the Restructuring Transaction including, without limitation: 

			
	
			
				 (a)
			

			
	
			
			the motion authorizing the assumption of or the Debtors’ entry into this Agreement (the “RSA Approval Motion”);

			
	
			
				 (b)
			

			
	
			
			the order of the Bankruptcy Court approving the RSA Approval Motion (the “RSA Approval Order”);

			
	
			
				 (c)
			

			
	
			
			any “first day” motions (the “First Day Motions”) and any orders granting relief requested therein;

		
			
		

		 

		

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				 (d)
			

			
	
			
			the order approving the DIP Motion (as defined below) on an interim basis, as entered by the Bankruptcy Court on March 21, 2016 and attached hereto as Exhibit D (as the same maybe amended, supplemented or otherwise modified from time to time, the “Interim DIP Order”), and on a final basis (the “Final DIP Order” and, together with the Interim DIP Order, the “DIP Orders”) approving the DIP Loan Documentation (as defined in the Plan) and/or regarding the use of cash collateral;

			
	
			
				 (e)
			

			
	
			
			the Plan (including all exhibits, schedules, supplements, appendices, annexes and attachments thereto) and the confirmation order with respect to the Plan (the “Confirmation Order”);

			
	
			
				 (f)
			

			
	
			
			the disclosure statement for the Plan prepared and distributed in accordance with, among other things, sections 1125, 1126(b), and 1145 of the Bankruptcy Code, Rule 3018 of the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”) and other applicable law, and all exhibits, schedules, supplements, modifications and amendments thereto (the “Disclosure Statement”);

			
	
			
				 (g)
			

			
	
			
			the order of the Bankruptcy Court approving the Disclosure Statement and the solicitation of votes in connection with the Plan pursuant to sections 1125 and 1126 of the Bankruptcy Code (the “Disclosure Statement Order”);

			
	
			
				 (h)
			

			
	
			
			the solicitation materials with respect to the Plan (collectively, the “Solicitation Materials”);

			
	
			
				 (i)
			

			
	
			
			any documents or agreements in connection with any exit facility (if any);

			
	
			
				 (j)
			

			
	
			
			any documents or agreements in connection with the governance of HoldCo following the conclusion of the Chapter 11 Cases (“Reorganized HoldCo”), including any shareholders’ agreements and certificates of incorporation;

			
	
			
				 (k)
			

			
	
			
			the Divestment Letter Agreements and any other documents or agreements related to the LLA Override (as defined in the Plan);

			
	
			
				 (l)
			

			
	
			
			any documents related to the Unsecured LLA Override Shares (as defined in the Plan) granted for the benefit of holders of Unsecured Note Claims under the Plan;

			
	
			
				 (m)
			

			
	
			
			any documents or agreements related to the Management Incentive Plan (as defined in the Plan).

			
	
			
				 (n)
			

			
	
			
			any documents or agreements related to the New Warrants (as defined in the Plan);

		
			
		

		 

		

			3

		

 

			
	
			
				 (o)
			

			
	
			
			any documents or agreements related to the New Common Stock (as defined in the Plan); and

			
	
			
				 (p)
			

			
	
			
			any documents or agreements related to the Employment Agreement (as defined in the Plan) and the ongoing employment of Timothy M. Marquez by Reorganized HoldCo.

		
			Certain of the Definitive Documentation identified in this Section 2 remain subject to negotiation and shall, upon completion, contain terms, conditions, representations, warranties, and covenants consistent with the terms of this Agreement. Without limitation of the generality of the foregoing, the Parties acknowledge that they will work together in good faith to structure the Noteholder Holdco (as defined in the Plan) and the Unsecured LLA Override Shares to ensure that it provides Consenting Unsecured Noteholders with Acceptable Consenting Unsecured Noteholder Treatment (as defined below). Any document that is included within the definition of “Definitive Documentation,” including any amendment, supplement, or modification thereof, shall be in form and substance acceptable to the Debtors and the Requisite Majority Consenting Secured Noteholders (as defined below) and, only as specifically set forth herein, the Requisite Majority Consenting Unsecured Noteholders (as defined below); provided that the economic and adequate protection provisions of the DIP Orders shall be in form and substance acceptable to the Debtors and the Consenting Secured Noteholders identified on the signature pages hereto as of the date hereof (the “Initial Consenting Secured Noteholders”) for so long as such Initial Consenting Secured Noteholders hold at least 85% of the First Lien Notes and at least 85% of the Second Lien Notes. Venoco acknowledges and agrees that it will provide advance draft copies of all Definitive Documentation, as soon as reasonably practicable prior to filing, to counsel to the Restructuring Support Parties identified in Section 24 hereof.
		

			
	
			
				 3.
			Requisite Consent. Unless expressly provided otherwise, with respect to all terms and provisions of this Agreement and/or the Definitive Documentation, such terms and provisions, including any amendment, supplement, or modification thereof, shall be in form and substance acceptable to:

			
	
			
				 (a)
			

			
	
			
			the Consenting First Lien Noteholders holding a majority of the First Lien Notes held in the aggregate by the Consenting First Lien Noteholders as of the Amended and Restated RSA Effective Date (the “Requisite Majority Consenting First Lien Noteholders”);

			
	
			
				 (b)
			

			
	
			
			the Consenting Second Lien Noteholders holding a majority of the Second Lien Notes held in the aggregate by the Consenting Second Lien Noteholders as of the Amended and Restated RSA Effective Date (the “Requisite Majority Consenting Second Lien Noteholders” and, together with the Requisite Majority Consenting First Lien Noteholders, the “Requisite Majority Consenting Secured Noteholders”); and

			
	
			
				 (c)
			

			
	
			
			only to the extent expressly required hereunder, the Consenting Unsecured Noteholders holding a majority of the Unsecured Notes held in the aggregate by the Consenting Unsecured Noteholders as of the Amended 

		
			
		

		
			

		 

		

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and Restated RSA Effective Date (the “Requisite Majority Consenting Unsecured Noteholders”). 
		

			
	
			
				 4.
			Milestones.  The following milestones (the “Milestones”) shall apply to this Agreement:

			
	
			
				 (a)
			

			
	
			
			no later than 45 days after the Petition Date, the Bankruptcy Court shall have entered the Final DIP Order (as defined in the Plan);

			
	
			
				 (b)
			

			
	
			
			no later than 60 days after the Petition Date, the Bankruptcy Court shall have entered the RSA Approval Order;

			
	
			
				 (c)
			

			
	
			
			no later than 90 days after the Petition Date, the Bankruptcy Court shall have entered the Disclosure Statement Order;

			
	
			
				 (d)
			

			
	
			
			no later than 150 days after the Petition Date, the Bankruptcy Court shall have entered the Confirmation Order (the date of entry of the Confirmation Order, the “Confirmation Date”); and

			
	
			
				 (e)
			

			
	
			
			no later than 21 days following the Confirmation Date, the Effective Date (as defined in the Plan) shall have occurred.

		
			The Debtors may extend or obtain a waiver of a Milestone with the express prior written consent of the Requisite Majority Consenting Secured Noteholders. For the avoidance of doubt, the Requisite Majority Consenting Unsecured Noteholders agree that their consent shall not be required to extend or waive any Milestone and that the extension or waiver of any Milestone shall not constitute grounds for a Consenting Unsecured Noteholder Termination Event (as defined below). For the further avoidance of doubt and without limitation of the rights otherwise granted to Consenting Unsecured Noteholders under Sections 7 and 8 hereof, the foregoing shall not affect the rights of Requisite Majority Consenting Unsecured Noteholders to declare that a Consenting Unsecured Termination Event has occurred under Section 8(h) hereof due to the failure of the Confirmation Order to be entered within 180 days after the Petition Date or the Effective Date to occur within 21 days following the Confirmation Date (regardless of whether the Requisite Majority Consenting Secured Noteholders have consented to a waiver or extension of the milestones in paragraph (d) or (e) of this Section 4.)
		

			
	
			
				 5.
			

			
	
			
			Agreements of the Restructuring Support Parties.

			
	
			
				 (a)
			

			
	
			
			Consenting Secured Noteholder Support of Restructuring Transaction. Each Consenting Secured Noteholder (severally and not jointly), as the legal owner, beneficial owner, and/or investment advisor or manager of or with power and/or authority to bind any claims held by it, from the Amended and Restated RSA Effective Date and for so long as this Agreement has not been terminated in accordance with the terms hereof by or as to a Consenting Secured Noteholder, unless otherwise consented to in writing by the Debtors, the Requisite Majority Consenting Secured Noteholders and the Requisite Majority Consenting Unsecured Noteholders, shall:

		
			
		

		 

		

			5

		

 

			
	
			
				 (i)
			

			
	
			
			(A) vote all of its claims against the Debtors now or hereafter owned by such Consenting Secured Noteholder (or for which such Consenting Secured Noteholder now or hereafter has voting control over) to accept the Plan in accordance with the applicable procedures set forth in the Disclosure Statement and the Solicitation Materials, upon receipt of the Disclosure Statement and Solicitation Materials approved by the Bankruptcy Court; (B) timely return a duly-executed ballot in connection therewith; and (C) not “opt out” of any releases under the Plan;

			
	
			
				 (ii)
			

			
	
			
			not withdraw, amend, or revoke (or cause to be withdrawn, amended, or revoked) its tender, consent, or vote with respect to the Plan; provided,  however, that such vote may be revoked (and, upon such revocation, deemed void ab initio) by such Consenting Secured Noteholder at any time if this Agreement is terminated with respect to such Consenting Secured Noteholder (it being understood by the Parties that any modification of the Plan that results in a termination of this Agreement pursuant to Section 7 hereof shall entitle such Consenting Secured Noteholder an opportunity to change its vote in accordance with section 1127(d) of the Bankruptcy Code, and the Solicitation Materials with respect to the Plan shall be consistent with this proviso);

			
	
			
				 (iii)
			

			
	
			
			not object to, delay, impede, or take any other action to interfere with the Restructuring Transaction, or propose, file, support, or vote for any restructuring, workout, or chapter 11 plan for the Debtors other than the Restructuring Transaction and the Plan; and

			
	
			
				 (iv)
			

			
	
			
			not take any other action that is materially inconsistent with its obligations under this Agreement.

			
	
			
				 (b)
			

			
	
			
			Consenting Unsecured Noteholder Support of Restructuring Transaction. Each Consenting Unsecured Noteholder (severally and not jointly), as the legal owner, beneficial owner, and/or investment advisor or manager of or with power and/or authority to bind any claims held by it, from the Amended and Restated RSA Effective Date and for so long as this Agreement has not been terminated in accordance with the terms hereof as to a Consenting Unsecured Noteholder, unless otherwise consented to in writing by the Debtors, the Requisite Majority Consenting Secured Noteholders and the Requisite Majority Consenting Unsecured Noteholders, shall:

			
	
			
				 (i)
			

			
	
			
			(A) vote all of its claims against the Debtors now or hereafter owned by such Consenting Unsecured Noteholder (or for which such Consenting Unsecured Noteholder now or hereafter has voting control over) to accept the Plan in accordance with the applicable procedures set forth in the Disclosure Statement and the 

		
			
		

		
			

		 

		

			6

		

 

Solicitation Materials, upon receipt of the Disclosure Statement and Solicitation Materials approved by the Bankruptcy Court; (B) timely return a duly-executed ballot in connection therewith; and (C) not “opt out” of any releases under the Plan;
		

			
	
			
				 (ii)
			

			
	
			
			not withdraw, amend, or revoke (or cause to be withdrawn, amended, or revoked) its tender, consent, or vote with respect to the Plan; provided,  however, that such vote may be revoked (and, upon such revocation, deemed void ab initio) by such Consenting Unsecured Noteholder at any time if this Agreement is terminated with respect to such Consenting Unsecured Noteholder (it being understood by the Parties that any modification of the Plan that results in a termination of this Agreement pursuant to Section 8 hereof shall entitle such Consenting Unsecured Noteholder an opportunity to change its vote in accordance with section 1127(d) of the Bankruptcy Code, and the Solicitation Materials with respect to the Plan shall be consistent with this proviso);

			
	
			
				 (iii)
			

			
	
			
			(A) support, and take all reasonable actions necessary to facilitate the implementation and consummation of, the Restructuring Transaction (including, without limitation, expressing to the Bankruptcy Court support for the Plan and supporting the Bankruptcy Court’s approval of the Definitive Documentation, the confirmation of the Plan and the consummation of the Restructuring Transaction pursuant to the Plan and the other Definitive Documentation) and (B) not take any action that is inconsistent with its obligations under this Agreement or the implementation or consummation of the Plan or the Restructuring Transaction, including but not limited to proposing, filing, supporting, or voting for any restructuring, workout, or chapter 11 plan for the Debtors other than the Restructuring Transaction and the Plan;

			
	
			
				 (iv)
			

			
	
			
			not seek standing to commence any avoidance action or other legal proceeding that challenges the validity, enforceability or priority of the First Lien Notes Indenture, the Second Lien Notes Indenture, the First Lien Notes, the Second Lien Notes, any lien or security interest granted in respect thereof or any claims or interests arising thereunder or any other derivative cause of action;

			
	
			
				 (v)
			

			
	
			
			timely file a formal objection to any motion filed with the Bankruptcy Court by any official committee, individual, partnership, joint venture, limited liability company, corporation, trust, unincorporated organization, group, governmental or regulatory authority, or any other legal entity or association (each, a “Person”) seeking standing to commence any avoidance action 

		
			
		

		
			

		 

		

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or other legal proceeding described in clause (iv) of this Section 5(b);
		

			
	
			
				 (vi)
			

			
	
			
			not advocate for or support the formation of an official committee of unsecured creditors in the Chapter 11 Cases (a “Creditors’ Committee”) or serve on any committee that may be appointed without consulting with the Consenting Secured Noteholders;  

			
	
			
				 (vii)
			

			
	
			
			continue to retain Brown Rudnick LLP (“Brown Rudnick”) (to the extent such Consenting Unsecured Noteholder has retained Brown Rudnick in such capacity) and not consent to Brown Rudnick’s representation of any other party in interest in the Chapter 11 Cases, provided that Brown Rudnick may represent Wilmington, as successor indenture trustee under the Unsecured Notes Indenture (the “Unsecured Notes Trustee”), or any successor thereto and may represent additional Consenting Unsecured Noteholders; 

			
	
			
				 (viii)
			

			
	
			
			not direct the Unsecured Notes Trustee to take any action that is inconsistent with the Consenting Unsecured Noteholders’ obligations under this Agreement or the implementation or consummation of the Plan or the Restructuring Transaction, and, to the extent the Unsecured Notes Trustee takes any such action, direct the Unsecured Notes Trustee to cease such action (it being understood that pursuant to the Unsecured Notes Indenture, the Unsecured Notes Trustee is not obligated to follow the direction of the Consenting Unsecured Noteholders in all circumstances); and

			
	
			
				 (ix)
			

			
	
			
			recommend to any other holders of Unsecured Notes who may inquire of it that they execute Joinders and become parties to this Agreement.

			
	
			
				 (c)
			

			
	
			
			Rights of Restructuring Support Parties Unaffected. Nothing contained herein shall limit (i) the rights of the Consenting Secured Noteholders to take or not take, or direct U.S. Bank under the First Lien Notes Indenture or the Second Lien Notes Indenture, as applicable, to take or not take, any action relating to the maintenance, protection or preservation of their security interests in and liens on collateral under the First Lien Notes Indenture and related security documents or the Second Lien Notes Indenture and related security documents, as applicable; (ii) the rights of a Restructuring Support Party under any applicable bankruptcy, insolvency, foreclosure or similar proceeding, including, without limitation, appearing as a party in interest in any matter to be adjudicated in order to be heard concerning any matter arising in the Chapter 11 Cases, in each case, so long as the exercise of any such right is not inconsistent with such Restructuring Support Party’s obligations hereunder; (iii) the ability of a Restructuring Support Party to purchase, sell or enter into any transactions 

		
			
		

		
			

		 

		

			8

		

 

in connection with the Notes, subject to the terms hereof; (iv) any right of any Restructuring Support Party under (x) the First Lien Notes Indenture, the Second Lien Notes Indenture or the Unsecured Notes Indenture, or constitute a waiver or amendment of any provision of the First Lien Notes Indenture, the Second Lien Notes Indenture or the Unsecured Notes Indenture, as applicable, and (y) any other applicable agreement, instrument or document that gives rise to a Restructuring Support Party’s claims or interests, or constitute a waiver or amendment of any provision of any such agreement, instrument or document; (v) the ability of a Restructuring Support Party to consult with other Restructuring Support Parties or the Debtors or other parties in interest; or (vi) the ability of a Restructuring Support Party to enforce any right, remedy, condition, consent or approval requirement under this Agreement or any of the Definitive Documentation.
		

			
	
			
				 (d)
			

			
	
			
			Transfers of Notes. Each Restructuring Support Party shall not, from the Amended and Restated RSA Effective Date and for so long as this Agreement has not been terminated in accordance with the terms hereof, (i) sell, transfer, assign, pledge, grant a participation interest in, or otherwise dispose of, directly or indirectly, its right, title, or interest in respect of any Notes, in whole or in part, or (ii) deposit any such Notes into a voting trust, or grant any proxies, or enter into a voting agreement with respect to any such claims or interests (the actions described in clauses (i) and (ii) are collectively referred to herein as a “Transfer” and the Restructuring Support Party making such Transfer is referred to herein as the “Transferor”), unless such Transfer is to another Restructuring Support Party or any other entity that first agrees in writing to be bound by the terms of this Agreement (the “Transferee”) by executing and delivering to Venoco and its counsel a Joinder substantially in the form attached hereto as Exhibit E (the “Joinder”). Upon consummation of a Transfer in accordance herewith, a transferee is deemed to make all of the representations, warranties, and covenants of a Restructuring Support Party, as applicable, set forth in this Agreement. Upon compliance with the foregoing, the Transferor shall be deemed to relinquish its rights (and be released from its obligations, except for any claim for breach of this Agreement that occurs prior to such Transfer) under this Agreement to the extent of such transferred rights and obligations. Any Transfer made in violation of this Section 5(d) shall be deemed null and void ab initio and of no force or effect, regardless of any prior notice provided to the Debtors and/or any Restructuring Support Party, and shall not create any obligation or liability of any Debtor or any other Restructuring Support Party to the purported transferee. Notwithstanding the foregoing, the restrictions on Transfer set forth in this Section 5(d) shall not apply to the grant of any liens or encumbrances on any claims and interests in favor of a bank or broker-dealer holding custody of such claims and interests in the ordinary course of business and which lien or encumbrance is released upon the Transfer of such claims and interests. 

		
			
		

		 

		

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				 (e)
			

			
	
			
			Qualified Market Maker. Notwithstanding anything herein to the contrary, any Restructuring Support Party may Transfer any of its claims and interests to an entity that is acting in its capacity as a Qualified Marketmaker (as defined below) without the requirement that the Qualified Marketmaker be or become a Restructuring Support Party; provided,  however, that the Qualified Marketmaker subsequently Transfers all right, title and interest in such claims and interests to a Transferee that is or becomes a Restructuring Support Party as provided above, and the Transfer documentation between the transferring Restructuring Support Party and such Qualified Marketmaker shall contain a requirement that provides as such (the transferring Restructuring Support Party shall use commercially reasonable efforts to allow the Debtors to be an explicit third party beneficiary of such requirement). Notwithstanding the foregoing, if, at the time of the proposed Transfer of such claims and interests to the Qualified Marketmaker, such claims and interests (x) may be voted on the Plan, the proposed transferor Restructuring Support Party must first vote such claims and interests in accordance with the requirements of Sections 5(a) or (b), as applicable, or (y) have not yet been and may not yet be voted on the Plan and such Qualified Marketmaker does not Transfer such claims and interests to a subsequent Transferee prior to the fifth (5th) business day prior to the expiration of the voting deadline (such date, the “Qualified Marketmaker Joinder Date”), such Qualified Marketmaker shall be required to (and the Transfer documentation to the Qualified Marketmaker shall have provided that it shall), on the first business day immediately following the Qualified Marketmaker Joinder Date, become a Restructuring Support Party with respect to such claims and interests in accordance with the terms hereof (provided that the Qualified Marketmaker shall automatically, and without further notice or action, no longer be a Restructuring Support Party with respect to such claims and interests at such time that the Transferee of such claims and interests becomes a Restructuring Support Party with respect to such claims and interests). For these purposes, “Qualified Marketmaker” means an entity that (X) holds itself out to the market as standing ready in the ordinary course of business to purchase from and sell to customers claims and interests, or enter with customers into long and/or short positions in claims and interests, in its capacity as a dealer or market maker in such claims and interests; and (Y) is in fact regularly in the business of making a market in claims, interests and/or securities of issuers or borrowers. 

			
	
			
				 6.
			Commitment of the Debtors. Each Debtor, jointly and severally, agrees, from the Amended and Restated RSA Effective Date and for so long as this Agreement has not been terminated in accordance with the terms hereof, unless otherwise consented to in writing by the Requisite Majority Consenting Secured Noteholders and the Requisite Majority Consenting Unsecured Noteholders (only as specifically set forth in Section 27 herein), that the Debtors shall:

		
			
		

		 

		

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				 (a)
			

			
	
			
			(i) do all things necessary and proper to seek approval of the Plan and to complete the Restructuring Transaction, (ii) prosecute and defend any appeals relating to the Confirmation Order, (iii) negotiate in good faith all Definitive Documentation and take any and all necessary and appropriate actions in furtherance of this Agreement, and (iv) comply with each Milestone set forth in this Agreement;

			
	
			
				 (b)
			

			
	
			
			not seek to amend or modify, or file a pleading seeking authority to amend or modify, the Definitive Documentation in a manner that is inconsistent with this Agreement; 

			
	
			
				 (c)
			

			
	
			
			not file or seek authority to file any pleading inconsistent with the Restructuring Transaction or the terms of this Agreement;

			
	
			
				 (d)
			

			
	
			
			timely file a formal objection to any motion filed with the Bankruptcy Court by any Person seeking the entry of an order (1) directing the appointment of an examiner with expanded powers or a trustee, (2) converting the Chapter 11 Cases to cases under chapter 7 of the Bankruptcy Code, (3) dismissing the Chapter 11 Cases or (4) for relief that (x) is inconsistent with this Agreement in any material respect or (y) would, or would reasonably be expected to, frustrate the purposes of this Agreement, including by preventing the consummation of the Restructuring Transaction;

			
	
			
				 (e)
			

			
	
			
			timely file a formal objection to any motion filed with the Bankruptcy Court by any Person seeking the entry of an order modifying or terminating the Debtors’ exclusive right to file and/or solicit acceptances of a plan of reorganization;

			
	
			
				 (f)
			

			
	
			
			not commence an avoidance action or other legal proceeding (or consent to any other Person obtaining standing to commence any such avoidance action or other legal proceeding) that challenges the validity, enforceability or priority of the First Lien Notes Indenture, the Second Lien Notes Indenture, the First Lien Notes, the Second Lien Notes, any lien or security interest granted in respect thereof or any claims or interests arising thereunder;

			
	
			
				 (g)
			

			
	
			
			timely file a formal written response in opposition to any objection filed with the Bankruptcy Court by any Person with respect to the DIP Loan Documents (or motion filed by such Person that seeks to interfere with the DIP Loan Documents) or the use of cash collateral or with respect to any of the adequate protection granted to the Restructuring Support Parties pursuant to the DIP Orders or otherwise;

			
	
			
				 (h)
			

			
	
			
			conduct their business only in the ordinary course in a manner that is consistent with past practices, and use commercially reasonable efforts to preserve intact their business organization and (subject to such 

		
			
		

		
			

		 

		

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modifications and changes as may be made by the Debtor in its reasonable and prudent business judgment that do not have an adverse effect in any material respect on the Debtor) relationships with third parties (including lessors, licensors, suppliers, distributors and customers) and employees;
		

			
	
			
				 (i)
			

			
	
			
			provide to the Restructuring Support Parties’ advisors, and direct their employees, officers, advisors and other representatives to provide the Restructuring Support Parties’ advisors, (1) reasonable access (without any material disruption to the conduct of the Debtors’ businesses) during normal business hours to the Debtors’ books, records and facilities, (2) reasonable access to the management and advisors of the Debtors for the purposes of evaluating the Debtors’ assets, liabilities, operations, businesses, finances, strategies, prospects and affairs, (3) timely and reasonable responses to all reasonable diligence requests, and (4) information with respect to all material executory contracts and unexpired leases of the Debtors;

			
	
			
				 (j)
			

			
	
			
			pay the reasonable and documented fees and expenses of the DIP Lenders and the Consenting Secured Noteholders in the manner, and to the extent, provided for in the DIP Orders;

			
	
			
				 (k)
			

			
	
			
			pay the reasonable and documented prepetition and postpetition fees and expenses of Brown Rudnick, as counsel to certain of the Consenting Unsecured Noteholders, up to an aggregate amount of $500,000 upon the effective date of the Plan so long as this Agreement has not been terminated with respect to the Consenting Unsecured Noteholders as of the effective date of the Plan; provided that if Brown Rudnick represents any Person that is not, or does not promptly become, a Party to this Agreement (other than the Unsecured Notes Trustee) at any time following the Amended and Restated RSA Effective Date, the Debtors shall have no obligation to pay any such fees and expenses; provided,  however, that for avoidance of doubt, the Restructuring Support Parties acknowledge that prior to the date of execution of this Restructuring Support Agreement, Brown Rudnick represented, but shall not continue to represent, one or more Unsecured Noteholders (in addition to the party signing below and becoming a Consenting Unsecured Noteholder) who had not become Consenting Unsecured Noteholders as of the date of execution of this Agreement and agree that such representation shall not constitute a reason for denying payment of Brown Rudnick’s fees and expenses up to the $500,000 cap;

			
	
			
				 (l)
			

			
	
			
			comply in all material respects with the covenants and other obligations of the Debtors contained in the DIP Loan Documents (subject to any amendments and/or waivers to such covenants and other obligations that may be provided by the requisite DIP Lenders (as defined in the Plan)) and with the obligations of the Debtors contained in the DIP Orders, including, without limitation, the obligation to make adequate protection 

		
			
		

		
			

		 

		

			12

		

 

payments to the Prepetition Secured Parties (as defined in the DIP Orders);
		

			
	
			
				 (m)
			

			
	
			
			promptly notify the Restructuring Support Parties of any governmental or third party complaints, litigations, investigations or hearings (or communications indicating that the same may be contemplated or threatened); and

			
	
			
				 (n)
			

			
	
			
			use commercially reasonable efforts to obtain any and all required governmental, regulatory and/or third party approvals necessary or required for the implementation or consummation of the Restructuring Transaction or the approval by the Bankruptcy Court of the Definitive Documentation.

			
	
			
				 7.
			Consenting Secured Noteholder Termination Events. The Consenting Secured Noteholders shall have the right, but not the obligation, upon five (5) business days advance written notice to the other Parties, to terminate the obligations of the affected Consenting Secured Noteholders under this Agreement upon the occurrence of any of the following events unless (i) to the extent curable, such event has been cured by the applicable Debtor(s) during such five business day notice period, or (ii) such event is waived, in writing, by the Requisite Majority Consenting Secured Noteholders on a prospective or retroactive basis (each, a “Consenting Secured Noteholder Termination Event”):

			
	
			
				 (a)
			

			
	
			
			the failure to meet any of the Milestones unless such Milestone is extended or waived by the Requisite Majority Consenting Secured Noteholders in accordance with Section 4 hereof;

			
	
			
				 (b)
			

			
	
			
			the failure by the Debtors to comply with the DIP Orders, including, without limitation, failure to make adequate protection payments to the Prepetition Secured Parties when due;

			
	
			
				 (c)
			

			
	
			
			the conversion of one or more of the Chapter 11 Cases to a case under chapter 7 of the Bankruptcy Code;

			
	
			
				 (d)
			

			
	
			
			any Debtor moves for conversion of one or more of the Chapter 11 cases to a case under chapter 7 of the Bankruptcy Code;

			
	
			
				 (e)
			

			
	
			
			the appointment of a trustee, receiver, or examiner with expanded powers beyond those set forth in section 1106(a)(3) and (4) of the Bankruptcy Code in one or more of the Chapter 11 Cases;

			
	
			
				 (f)
			

			
	
			
			any Debtor moves for the appointment of a trustee, receiver, or examiner with expanded powers beyond those set forth in section 1106(a)(3) and (4) of the Bankruptcy Code in one or more of the Chapter 11 Cases;

			
	
			
				 (g)
			

			
	
			
			any Debtor amends or modifies, or files a pleading seeking authority to amend or modify, the Definitive Documentation in a manner that is inconsistent with this Agreement;

		
			
		

		 

		

			13

		

 

			
	
			
				 (h)
			

			
	
			
			any Debtor files or announces that it will file or joins in or supports any plan of reorganization other than the Plan, without the prior written consent of the Requisite Majority Consenting Secured Noteholders;

			
	
			
				 (i)
			

			
	
			
			any Debtor files any motion or application seeking authority to sell all or a material portion of its assets, without the prior written consent of the Requisite Majority Consenting Secured Noteholders;

			
	
			
				 (j)
			

			
	
			
			the issuance by any governmental authority, including the Bankruptcy Court, any regulatory authority, or any other court of competent jurisdiction, of any ruling or order that (A) is inconsistent with this Agreement in any material respect or (B) would, or would reasonably be expected to, frustrate the purpose of this Agreement; provided,  however, that the Debtors shall have five (5) business days after issuance of such ruling or order to seek relief that would allow consummation of the Restructuring Transaction in a manner that (i) does not prevent or diminish in any way compliance with the terms of this Agreement and (ii) is acceptable to the Requisite Majority Consenting Secured Noteholders;

			
	
			
				 (k)
			

			
	
			
			any Debtor files any motion seeking authority to use cash collateral or authority to enter into post-petition financing that is not in the form of the Final DIP Order or any other order of the Bankruptcy Court regarding the use of cash collateral, without the prior written consent of the Requisite Majority Consenting Secured Noteholders;

			
	
			
				 (l)
			

			
	
			
			a breach by any Debtor of any representation, warranty, or covenant of such Debtor set forth in this Agreement, including, without limitation, the commitments set forth in Section 6 hereof (it being understood and agreed that any actions required to be taken by the Debtors that are included in the Plan but not in this Agreement are to be considered “covenants” of the Debtors, and therefore covenants of this Agreement, notwithstanding the failure of any specific provision in the Plan to be re-copied in this Agreement);

			
	
			
				 (m)
			

			
	
			
			any Debtor terminates its obligations under and in accordance with this Agreement;

			
	
			
				 (n)
			

			
	
			
			the Bankruptcy Court enters an order in the Chapter 11 Cases terminating the Debtors’ exclusive right to file a plan or plans of reorganization pursuant to section 1121 of the Bankruptcy Code;

			
	
			
				 (o)
			

			
	
			
			the Bankruptcy Court denies entry of the RSA Approval Order;

			
	
			
				 (p)
			

			
	
			
			the failure of any “Definitive Documentation” to comply with Section 2 hereof;

			
	
			
				 (q)
			

			
	
			
			the occurrence of (1) an “Event of Default” under the DIP Loan Documents (that is not otherwise cured or waived in accordance with the 

		
			

		 

		

			14

		

 

terms thereof) or (2) an acceleration of the obligations or termination of commitments under the DIP Loan Documents;
		

			
	
			
				 (r)
			

			
	
			
			the Bankruptcy Court enters an order vacating, amending, terminating, extending or modifying any interim or final order regarding the use of cash collateral without the consent of the Restructuring Support Parties;

			
	
			
				 (s)
			

			
	
			
			the Bankruptcy Court grants relief terminating, annulling, or modifying the automatic stay (as set forth in section 362 of the Bankruptcy Code) with regard to any assets of the Debtors having an aggregate fair market value in excess of $1,000,000;

			
	
			
				 (t)
			

			
	
			
			the Bankruptcy Court enters an order disallowing, subordinating or recharacterizing claims or interests held by any Restructuring Support Party arising under the First Lien Notes Indenture or the Second Lien Notes Indenture or in respect of the Notes; 

			
	
			
				 (u)
			

			
	
			
			the failure of the Confirmation Order to be entered by the Bankruptcy Court within 180 days after the Petition Date or the Effective Date to occur within 21 days following the Confirmation Date; or

			
	
			
				 (v)
			

			
	
			
			the occurrence of any other material breach of this Agreement or the Plan not otherwise covered in this Section 7 by any Debtor.

		
			Notwithstanding the occurrence of a Consenting Secured Noteholder Termination Event (other than any Consenting Secured Noteholder Termination Event described in clauses (i) or (ii) of this sentence) or a Debtor Termination Event (as defined below) under Section 9(a) or 9(b) hereof, prior to the earlier of (i) a termination of this Agreement pursuant to Section 7(u) or Section 8(h) hereof and (ii) any termination of this Agreement by the Consenting Secured Noteholders with respect to Consenting Unsecured Noteholders such that the remaining Consenting Unsecured Noteholders do not represent more than 50% in aggregate amount of beneficial holders of Unsecured Notes, which termination results solely from a breach by such Consenting Unsecured Noteholder(s) of any representation, warranty, or covenant of such Consenting Unsecured Noteholder set forth in this Agreement, including, without limitation, the commitments set forth in Section 5(b) hereof (each, an “Initial Secured Noteholder Continuing Obligation Termination Event”), the Initial Consenting Secured Noteholders shall not support any plan of reorganization for any of the Debtors other than a plan of reorganization that provides for treatment of Consenting Unsecured Noteholders on the identical terms set forth in the Plan or on terms more favorable to the Consenting Unsecured Noteholders (except as may be ordered by the Bankruptcy Court in respect of the release and exculpation of the Consenting Unsecured Noteholders or the Unsecured Notes Trustee) and which otherwise does not materially and adversely affect the Consenting Unsecured Noteholders (“Acceptable Consenting Unsecured Noteholder Treatment”). 
		

			
	
			
				 8.
			Consenting Unsecured Noteholder Termination Events. The Consenting Unsecured Noteholders shall have the right, but not the obligation, upon five (5) business days advance written notice to the other Parties, to terminate the obligations of the affected 

		
			
		

		
			

		 

		

			15

		

 

Consenting Unsecured Noteholders under this Agreement upon the occurrence of any of the following events unless (i) to the extent curable, such event has been cured by the applicable Debtor(s) or other Restructuring Support Parties during such five business day notice period, or (ii) such event is waived, in writing, by the Requisite Majority Consenting Unsecured Noteholders on a prospective or retroactive basis (each, a “Consenting Unsecured Noteholder Termination Event”); provided, that upon the occurrence of a Consenting Unsecured Noteholder Termination Event, this Agreement will automatically be amended and restated in the form of the Restructuring Support Agreement, dated as of March 18, 2016, among the Debtors and the Consenting Secured Noteholders (the “Original RSA”) unless otherwise terminated by the Debtors or the Consenting Secured Noteholders; provided, further, that, for the avoidance of doubt, the Consenting Unsecured Noteholders’ termination of the Agreement pursuant to this Section 8 shall have no impact on the continued rights and obligations of the Debtors and the Consenting Secured Noteholders under this Agreement, in the form of the Original RSA which shall continue to be effective:
		

			
	
			
				 (a)
			

			
	
			
			the occurrence of any of the events describe in Sections 7(c),  (d),  (e),  (f), (m),  (n) or (o);

			
	
			
				 (b)
			

			
	
			
			any Debtor amends or modifies, or files a pleading seeking authority to amend or modify, or otherwise amends or modifies any of the Definitive Documentation, in a manner that materially and negatively affects the Consenting Unsecured Noteholders;

			
	
			
				 (c)
			

			
	
			
			the issuance by any governmental authority, including the Bankruptcy Court, any regulatory authority, or any other court of competent jurisdiction, of any ruling or order that would, or would reasonably be expected to, enjoin or otherwise prevent the consummation of a material portion of the Restructuring Transaction; provided,  however, that the Debtors shall have five (5) business days after issuance of such ruling or order to seek relief that would allow consummation of the Restructuring Transaction in a manner that does not materially and negatively affect the Consenting Unsecured Noteholders;

			
	
			
				 (d)
			

			
	
			
			a breach by any Debtor or any other Restructuring Support Party of any representation, warranty, or covenant of such Debtor or other Restructuring Support Party set forth in this Agreement, including, without limitation, the commitments set forth in Sections 5(a) and 6 hereof (it being understood and agreed that any actions required to be taken by such Parties that are included in the Plan but not in this Agreement are to be considered “covenants” of such Parties, and therefore covenants of this Agreement, notwithstanding the failure of any specific provision in the Plan to be re-copied in this Agreement) to the extent such breach materially and negatively affects the Consenting Unsecured Noteholders; 

			
	
			
				 (e)
			

			
	
			
			the occurrence of any other material breach of this Agreement or the Plan not otherwise covered in this Section 8 by any Debtor to the extent such 

		
			
		

		
			

		 

		

			16

		

 

breach materially and negatively affects the Consenting Unsecured Noteholders;
		

			
	
			
				 (f)
			

			
	
			
			any Debtor files or announces that it will file a motion to sell all or substantially all of its assets without the consent of the Requisite Majority Consenting Unsecured Noteholders;

			
	
			
				 (g)
			

			
	
			
			any Debtor files or announces that it will file or joins in or supports any plan of reorganization other than the Plan, which plan of reorganization provides for treatment which is materially and adversely worse than that afforded to the holders of Unsecured Notes under the Plan, without the consent of the Requisite Majority Consenting Unsecured Noteholders;

			
	
			
				 (h)
			

			
	
			
			the failure of the Confirmation Order to be entered by the Bankruptcy Court within 180 days after the Petition Date or the Effective Date to occur within 21 days following the Confirmation Date; or

			
	
			
				 (i)
			

			
	
			
			the termination by the Consenting Secured Noteholders of their obligations under this Agreement on account of a failure to meet a Milestone or the occurrence of  any other Consenting Secured Noteholder Termination Event which does not also independently constitute a Consenting Unsecured Noteholder Termination Event under Sections 8(a) through (h) above (a “Section 8(i) Termination Event”); provided that, notwithstanding the occurrence of a Section 8(i) Termination Event, the Consenting Unsecured Noteholders and the Initial Consenting Secured Noteholders shall remain bound to each other to work together to propose and support a plan of reorganization that provides for Acceptable Consenting Unsecured Noteholder Treatment (even if either or both of them have terminated their obligations hereunder vis-à-vis the Debtors) unless (A) an Initial Secured Noteholder Continuing Obligation Termination Event shall occur, (B) the Debtors and/or the Initial Consenting Secured Noteholders fail to file a plan of reorganization providing for Acceptable Consenting Secured Noteholder Treatment within thirty (30) days after a Section 8(i) Termination Event (or forty-five (45) days after a Section 8(i) Termination Event while the Debtors retain their exclusive right to file a plan of reorganization), provided the Consenting Unsecured Noteholders give two (2) business days’ prior notice of such failure and their intent to terminate to the Initial Consenting Secured Noteholders, or (C) a Consenting Unsecured Noteholder Termination Event under Sections 8(a) through (g) shall occur. 

			
	
			
				 9.
			The Debtors’ Termination Events. Each Debtor shall have the right, but not the obligation, upon five (5) business days advance written notice to the Restructuring Support Parties, to terminate its obligations under this Agreement upon the occurrence of any of the following events unless (i) to the extent curable, such event has been cured by the applicable Restructuring Support Party during such five business day notice period, or (ii) such event is waived, in writing, by the Debtors on a prospective or retroactive basis (each a “Debtor 

		
			
		

		
			

		 

		

			17

		

 

Termination Event,” and together with the Consenting Secured Noteholder Termination Events and the Consenting Unsecured Noteholder Termination Events, the “Termination Events”):
		

			
	
			
				 (a)
			

			
	
			
			a breach by a Restructuring Support Party of any representation, warranty, or covenant of such Restructuring Support Party set forth in this Agreement (including the Plan and/or the Divestment Letter Agreements), including, without limitation, the commitments set forth in Sections 5(a) and 5(b) hereof, that could reasonably be expected to have a material adverse impact on the Restructuring Transaction or the consummation of the Restructuring Transaction, but such termination only shall be with respect to such Restructuring Support Party;

			
	
			
				 (b)
			

			
	
			
			the issuance by any governmental authority, including the Bankruptcy Court, any regulatory authority, or any other court of competent jurisdiction, of any ruling or order enjoining the substantial consummation of the Restructuring Transaction; provided,  however, that the Debtors have made commercially reasonable, good faith efforts to cure, vacate, or have overruled such ruling or order prior to terminating this Agreement; or

			
	
			
				 (c)
			

			
	
			
			the Restructuring Support Parties terminate their obligations under and in accordance with Sections 7 or 8 hereof, but such termination only shall be with respect to such Restructuring Support Party.

			
	
			
				 10.
			

			
	
			
			Mutual Termination; Automatic Termination.  

			
	
			
				 (a)
			

			
	
			
			This Agreement and the obligations of all Parties hereunder may be terminated by mutual written agreement among each of the Debtor,  the Requisite Majority Consenting Secured Noteholders and the Requisite Majority Consenting Unsecured Noteholders.

			
	
			
				 (b)
			

			
	
			
			Notwithstanding anything in this Agreement to the contrary, this Agreement shall terminate automatically (i) upon the occurrence of the Effective Date (as defined in the Plan) or (ii) on the date twelve (12) months after the Petition Date (the “Outside Date”).

			
	
			
				 11.
			Effect of Termination. Upon the termination of this Agreement in accordance with Sections 7,  8,  9 or 10 and except as provided therein or in Section 15 herein, this Agreement shall forthwith become void and of no further force or effect and each Party shall, except as otherwise expressly provided in this Agreement, be immediately released from its liabilities, obligations, commitments, undertakings and agreements under or related to this Agreement and shall have all the rights and remedies that it would have had and shall be entitled to take all actions, whether with respect to the Restructuring Transaction or otherwise, that it would have been entitled to take had it not entered into this Agreement, including all rights and remedies available to it under applicable law, the Indenture and any ancillary documents or agreements thereto; provided,  however, that in no event shall any such termination relieve a Party hereto from (i) liability for its breach or non-performance of its obligations hereunder prior to the date of such termination and (ii) obligations under this Agreement which by their terms expressly 

		
			
		

		
			

		 

		

			18

		

 

survive termination of this Agreement; provided,  further, that, notwithstanding the occurrence of any Termination Event, the Termination Events set forth herein shall remain in full force and effect to the extent necessary to enable a Party to terminate surviving obligations hereunder to other Parties. Notwithstanding anything to the contrary herein, any of the Termination Events may be waived by the appropriate parties in accordance with the procedures established in this Agreement  in which case the Termination Event so waived shall be deemed not to have occurred, this Agreement shall be deemed to continue in full force and effect, and the rights and obligations of the Parties hereto shall be restored, subject to any modification set forth in such waiver. If this Agreement has been terminated in accordance with this Agreement at a time when permission of the Bankruptcy Court shall be required for a Party to change or withdraw (or cause to change or withdraw) its vote to accept the Plan, the Debtors shall not oppose any attempt by such Party to change or withdraw (or cause to change or withdraw) such vote at such time.
		

			
	
			
				 12.
			No Violation of Automatic Stay. The Requisite Majority Consenting Secured Noteholders and the Requisite Majority Consenting Unsecured Noteholders are authorized to take any steps necessary to effectuate the termination of this Agreement, as applicable, including the sending of any applicable notices to the Debtors, notwithstanding section 362 of the Bankruptcy Code or any other applicable law (and the Debtors hereby waive, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice), and no cure period contained in this Agreement shall be extended pursuant to sections 108 or 365 of the Bankruptcy Code or any other applicable law without the prior written consent of the Requisite Majority Consenting Secured Noteholders and the Required Majority Consenting Unsecured Noteholders.

			
	
			
				 13.
			Consents and Acknowledgments. Each Party irrevocably acknowledges and agrees that this Agreement is not and shall not be deemed to be a solicitation for consents to the Plan. The acceptance of the Plan by each of the Restructuring Support Parties will not be solicited until such Parties have received the Disclosure Statement and related ballots in accordance with applicable law, and will be subject to sections 1125, 1126, and 1127 of the Bankruptcy Code.

			
	
			
				 14.
			Representations and Warranties.

			
	
			
				 (a)
			

			
	
			
			Each Restructuring Support Party hereby represents and warrants on a several and not joint basis for itself and not any other person or entity that as of the date hereof:

			
	
			
				 (i)
			

			
	
			
			it has the requisite organizational power and authority to enter into this Agreement and to carry out the transactions contemplated by, and perform its respective obligations under, this Agreement;

			
	
			
				 (ii)
			

			
	
			
			the execution and delivery of this Agreement and the performance of its obligations hereunder have been duly authorized by all necessary corporate or other organizational action on its part;

			
	
			
				 (iii)
			

			
	
			
			the execution, delivery and performance by it of this Agreement does not violate any provision of law, rule, or regulation applicable 

		
			
		

		
			

		 

		

			19

		

 

to it, or its certificate of incorporation, or bylaws, or other organizational documents;
		

			
	
			
				 (iv)
			

			
	
			
			it is an “accredited investor” within the meaning of Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended, or a qualified institutional bondholder with sufficient knowledge and experience to evaluate properly the terms and conditions of this Agreement and to consult with its legal and financial advisors with respect to its investment decision to execute this Agreement, and it has made its own analysis and decision to enter into this Agreement;

			
	
			
				 (v)
			

			
	
			
			it either (1) is the sole legal owner, beneficial owner, and/or investment advisor or manager of or with power and/or authority to bind the claims and interests identified below its name on its signature page hereof and in the amounts set forth therein, or (2) has all necessary investment or voting discretion with respect to the principal amount of claims and interests identified below its name on its signature page hereof, and has the power and authority to bind the owner(s) of such claims and interests to the terms of this Agreement; and

			
	
			
				 (vi)
			

			
	
			
			to the best of its knowledge (without requiring any diligence or further investigation), it has no agreement, understanding, or other arrangement (whether oral, written, or otherwise) with any other Restructuring Support Party regarding the transfer or sale of all or a material portion of the Debtors’ consolidated assets to any party whatsoever.

			
	
			
				 (b)
			

			
	
			
			Each Debtor hereby represents and warrants on a joint and several basis as of the date hereof:

			
	
			
				 (i)
			

			
	
			
			it has the requisite corporate or other organizational power and authority to enter into this Agreement and to carry out the transactions contemplated by, and perform its respective obligations under, this Agreement;

			
	
			
				 (ii)
			

			
	
			
			the execution and delivery of this Agreement and the performance of its obligations hereunder have been duly authorized by all necessary corporate or other organizational action on its part, including approval of each of the independent director(s) or manager(s), as applicable, of each Debtor;

			
	
			
				 (iii)
			

			
	
			
			the execution and delivery by it of this Agreement does not (A) violate its certificates of incorporation, or bylaws, or other organizational documents, or those of any of its affiliates, or (B) result in a breach of, or constitute (with due notice or lapse of 

		
			
		

		
			

		 

		

			20

		

 

time or both) a default (other than, for the avoidance of doubt, a breach or default that would be triggered as a result of the Chapter 11 Cases or any Debtor’s undertaking to implement the Restructuring Transaction through the Chapter 11 Cases) under any material contractual obligation to which it or any of its affiliates is a party;
		

			
	
			
				 (iv)
			

			
	
			
			the execution and delivery by it of this Agreement does not require any registration or filing with, the consent or approval of, notice to, or any other action with any federal, state, or other governmental authority or regulatory body, other than, for the avoidance of doubt, the actions with governmental authorities or regulatory bodies required in connection with implementation of the Restructuring Transaction;

			
	
			
				 (v)
			

			
	
			
			subject to the provisions of sections 1125 and 1126 of the Bankruptcy Code and, to the extent applicable, approval by the Bankruptcy Court, this Agreement is the legally valid and binding obligation of it, enforceable against it in accordance with its terms, except as enforcement may be limited by bankruptcy, insolvency, reorganization, moratorium, or other similar laws relating to or limiting creditors’ rights generally, or by equitable principles relating to enforceability; and

			
	
			
				 (vi)
			

			
	
			
			it has sufficient knowledge and experience to evaluate properly the terms and conditions of this Agreement and the Plan, and has been afforded the opportunity to consult with its legal and financial advisors with respect to its decision to execute this Agreement, and it has made its own analysis and decision to enter into this Agreement and otherwise investigated this matter to its full satisfaction.

			
	
			
				 15.
			Survival of Agreement. Notwithstanding the termination of this Agreement pursuant to Sections 7,  8,  9 or 10 hereof, the agreements and obligations of the applicable Parties in the last paragraph of Section 7 hereof, the proviso at the end of Section 8(i) hereof, this Section 15 and Sections 11, 12, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28 and 30 hereof (and any defined terms used in any such Sections) shall survive such termination and shall continue in full force and effect for the benefit of the Parties in accordance with the terms hereof; provided,  however, that any liability of a Party for failure to comply with the terms of this Agreement shall survive such termination.

			
	
			
				 16.
			Fiduciary Duties. Notwithstanding anything to the contrary herein, (i) nothing in this Agreement shall require the Debtors or any directors or officers of the Debtors to take any action, or to refrain from taking any action, that would breach, or be inconsistent with, its or their fiduciary obligations under applicable law, and (ii) to the extent that such fiduciary obligations require the Debtors or any directors or officers of the Debtors to take any such action, or refrain from taking any such action, they may do so without incurring any liability to any Party under 

		
			
		

		
			

		 

		

			21

		

 

this Agreement; provided,  however, that it is agreed that any such action that results in a termination of this Agreement in accordance with the terms hereof shall be subject to the provisions set forth in Sections 7,  8,  9 and 10 hereof.
		

		
			Notwithstanding anything to the contrary herein, nothing in this Agreement shall create any additional fiduciary obligations on the part of the Debtors or any directors or officers of the Debtors.
		

			
	
			
				 17.
			Relationship Among Parties. Notwithstanding anything herein to the contrary, the duties and obligations of the Restructuring Support Parties under this Agreement shall be several, not joint. No Party shall have any responsibility by virtue of this Agreement for any trading by any other entity. No prior history, pattern, or practice of sharing confidences among or between the Parties shall in any way affect or negate this Agreement.

			
	
			
				 18.
			Specific Performance. It is understood and agreed by the Parties that money damages may be an insufficient remedy for any breach of this Agreement by any Party and each non-breaching Party shall be entitled to seek specific performance and injunctive or other equitable relief as a remedy of any such breach of this Agreement, including, without limitation, an order of the Bankruptcy Court or other court of competent jurisdiction requiring any Party to comply promptly with any of its obligations hereunder.

			
	
			
				 19.
			Governing Law & Jurisdiction. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, without regard to such state’s choice of law provisions which would require the application of the law of any other jurisdiction. By its execution and delivery of this Agreement, each Party irrevocably and unconditionally agrees for itself that any legal action, suit, or proceeding against it with respect to any matter arising under or arising out of or in connection with this Agreement or for recognition or enforcement of any judgment rendered in any such action, suit, or proceeding, may be brought in the United States District Court for the District of Delaware, and by executing and delivering this Agreement, each of the Parties irrevocably accepts and submits itself to the exclusive jurisdiction of such court, generally and unconditionally, with respect to any such action, suit or proceeding. Notwithstanding the foregoing consent to jurisdiction, each Party agrees that the Bankruptcy Court shall have exclusive jurisdiction of all matters arising out of or in connection with this Agreement. By executing and delivering this Agreement each of the Parties irrevocably and unconditionally submits to the personal jurisdiction of the Bankruptcy Court solely for purposes of any action, suit, proceeding, or other contested matter arising out of or relating to this Agreement, or for recognition or enforcement of any judgment rendered or order entered in any such action, suit, proceeding, or other contested matter.

			
	
			
				 20.
			Representation by Counsel. Each Party acknowledges that it has been represented by, or provided a reasonable period of time to obtain access to and advice by, counsel with this Agreement and the Restructuring Transaction contemplated herein. Accordingly, any rule of law or any legal decision that would provide any Party with a defense to the enforcement of the terms of this Agreement against such Party based upon lack of legal counsel shall have no application and is expressly waived.

		
			
		

		 

		

			22

		

 

			
	
			
				 21.
			Waiver of Right to Trial by Jury. Each of the Parties waive any right to have a jury participate in resolving any dispute, whether sounding in contract, tort or otherwise, between any of the Parties arising out of, connected with, relating to, or incidental to the relationship established between any of them in connection with this Agreement. Instead, any disputes resolved in court shall be resolved in a bench trial without a jury.

			
	
			
				 22.
			Successors and Assigns. Except as otherwise provided in this Agreement, this Agreement is intended to bind and inure to the benefit of each of the Parties and each of their respective permitted successors, assigns, heirs, executors, administrators, and representatives.

			
	
			
				 23.
			No Third-Party Beneficiaries. Unless expressly stated herein, this Agreement shall be solely for the benefit of the Parties and no other person or entity shall be a third-party beneficiary of this Agreement.

			
	
			
				 24.
			Notices. All notices (including, without limitation, any notice of termination or breach) and other communications from any Party hereunder shall be in writing and shall be deemed to have been duly given if personally delivered by courier service, messenger, email, or facsimile to the other Parties at the applicable addresses below, or such other addresses as may be furnished hereafter by notice in writing. Any notice of termination or breach shall be delivered to all other Parties.

			
	
			
				 (a)
			

			
	
			
			If to any Debtor:

		
			Venoco, Inc.
		

		
			Attn: Brian E. Donovan, General Counsel
		

		
			370 17th Street, Suite 3900
		

		
			Denver, Colorado 80202-1370
		

		
			Facsimile: (303) 626-8315
		

		
			Email: be.donovan@venocoinc.com
		

		
			With a copy to:
		

		
			Bracewell LLP
		

		
			Attn: Robert G. Burns, Robin J. Miles
		

		
			1251 Avenue of Americas, 49th Floor
		

		
			New York, New York 10020-1104
		

		
			Facsimile: (800) 404-3970
		

		
			Robert.Burns@bracewelllaw.com
		

		
			Robin.Miles@bracewelllaw.com
		

			
	
			
				 (b)
			

			
	
			
			If to the Consenting First Lien Noteholders:

		
			Davis Polk & Wardwell LLP
		

		
			Attn: Damian S. Schaible, Darren S. Klein
		

		
			450 Lexington Avenue
		

		
			New York, NY 10017
		

		
			Fax: (212) 701-5580
		

		
			
		

		
			

		 

		

			23

		

 

Email: damian.schaible@davispolk.com
		

		
			Email: darren.klein@davispolk.com
		

			
	
			
				 (c)
			

			
	
			
			If to the Consenting Second Lien Noteholders:

		
			Davis Polk & Wardwell LLP
		

		
			Attn: Damian S. Schaible, Darren S. Klein
		

		
			450 Lexington Avenue
		

		
			New York, NY 10017
		

		
			Fax: (212) 701-5580
		

		
			Email: damian.schaible@davispolk.com
		

		
			Email: darren.klein@davispolk.com
		

			
	
			
				 (d)
			

			
	
			
			If to the Consenting Unsecured Noteholders:

		
			Brown Rudnick LLP
		

		
			Attn: Steven B. Levine 
		

		
			One Financial Center
		

		
			Boston, MA  02111
		

		
			Fax: (617) 856-8201
		

		
			Email: slevine@brownrudnick.com
		

			
	
			
				 25.
			Entire Agreement. This Agreement (including the exhibits hereto) constitutes the entire agreement of the Parties with respect to the subject matter of this Agreement, and supersedes all prior negotiations, agreements, and understandings, whether written or oral, among the Parties with respect to the subject matter of this Agreement.

			
	
			
				 26.
			Amendments. Except as expressly permitted hereunder, this Agreement, the Plan and the other Definitive Documentation may not be modified, amended, or supplemented without the prior written consent of the Debtors, the Requisite Majority Consenting Secured Noteholders and the Requisite Majority Consenting Unsecured Noteholders (only as specifically set forth in Section 27 herein); provided that (i) the economic and adequate protection provisions of the DIP Orders may not be modified, amended, or supplemented without the prior written consent of the Initial Consenting Secured Noteholders for so long as such Initial Consenting Secured Noteholders hold at least 85% of the First Lien Notes and at least 85% of the Second Lien Notes and (ii) any modification of, or amendment or supplement to, this Section 26 or the definitions of Consenting First Lien Noteholders, Consenting Second Lien Noteholders, Consenting Unsecured Noteholders, Restructuring Support Parties, Initial Consenting Secured Noteholders, Requisite Majority Consenting First Lien Noteholders, Requisite Majority Consenting Second Lien Noteholders, Requisite Majority Consenting Unsecured Noteholders or Requisite Majority Consenting Secured Noteholders shall require the written consent of all of the Parties.

		
			
		

		 

		

			24

		

 

			
	
			
				 27.
			Requisite Majority Consenting Unsecured Noteholder Consent Rights; Events Materially and Negatively Affecting or Materially Adverse to Consenting Unsecured Noteholders

			
	
			
				 (a)
			

			
	
			
			Notwithstanding anything to the contrary herein, the Requisite Majority Consenting Unsecured Noteholders’ right to consent with respect to any amendments to the Definitive Documentation, if any, shall only be to the extent such amendments (i) are materially inconsistent with this Agreement, the Divestment Letter Agreements, the Unsecured LLA Overide Shares or the terms of the Plan agreed among the Parties as of the date hereof; or (ii) “materially and negatively affect” or are “materially adverse” (within the meaning of such terms under Section 27(b) hereof) to the Consenting Unsecured Noteholders or their claims and interests arising out of the Unsecured Notes.

			
	
			
				 (b)
			

			
	
			
			Notwithstanding anything herein to the contrary, (i) any breach of this Agreement by the Debtors or any other Restructuring Support Party, (ii) the filing of any motion or pleading with the Bankruptcy Court that is inconsistent with this Agreement or the Definitive Documentation, (iii) any determination by the Bankruptcy Court, and (iv) any waiver, amendment or modification of the Plan or any of the other Definitive Documentation, shall “materially and negatively affect” and/or shall be “materially adverse to” the Consenting Unsecured Noteholders and the Consenting Unsecured Noteholders’ rights for purposes of this Agreement (including, but not limited to, Sections 7 and 8 hereof) if it (I) materially and adversely impacts (a) the value of the New Common Stock (as defined in the Plan), including, with respect to any waiver, amendment or modification of the Plan, if such waiver, amendment or modification provides that holders of allowed claims related to the First Lien Notes or Second Lien Notes will not receive only New Common Stock or New Second Lien Warrants, respectively, in full and final satisfaction, release, settlement and discharge of, and in exchange for, such claims, as provided under the Plan; (b) the minority shareholder protections provided to holders of New Common Stock under the Plan (including without limitation  the New Shareholders Agreement and any other document included in any supplement thereto); or (c) the terms of the Unsecured Notes Divestment Letter Agreement; or (II) reduces to any extent the amount of cash or percentage of New Common Stock to be distributed on account of Unsecured Note Claims under the Plan or Applicable ORRI% (or any component thereof) set forth in Section 1.3(a)(iii) of the Assignment of Overriding Royalty Interest attached as Exhibit A to the Unsecured Notes Divestment Letter Agreement or otherwise would result in Consenting Unsecured Noteholders not receiving Acceptable Consenting Unsecured Noteholder Treatment. As used in this Section 27(b), the determination of whether an action “materially and negatively affects” or is “materially adverse” to the holders of Unsecured Notes or reduces the amount of cash, percentage of New Common Stock or 

		
			
		

		
			

		 

		

			25

		

 

Applicable ORRI% shall be made by comparison to the Plan as attached to this Agreement on the date of execution hereof (as amended only with the consent of Requisite Majority Consenting Unsecured Noteholders).
		

			
	
			
				 28.
			

			
	
			
			Reservation of Rights.

			
	
			
				 (a)
			

			
	
			
			Except as expressly provided in this Agreement or the Plan, nothing herein is intended to, or does, in any manner waive, limit, impair, or restrict the ability of any Party to protect and preserve its rights, remedies and interests, including without limitation, its claims against any of the other Parties.

			
	
			
				 (b)
			

			
	
			
			If the Plan is not consummated in the manner set forth, and on the timeline set forth in this Agreement and the Plan, or if this Agreement is terminated for any reason, nothing shall be construed herein as a waiver by any Party of any or all of such Party’s rights, remedies, claims, and defenses and the Parties expressly reserve any and all of their respective rights, remedies, claims and defenses. This Agreement, the Plan, and any related document shall in no event be construed as or be deemed to be evidence of an admission or concession on the part of any Party of any claim or fault or liability or damages whatsoever. Each of the Parties denies any and all wrongdoing or liability of any kind and does not concede any infirmity in the claims or defenses which it has asserted or could assert.

			
	
			
				 (c)
			

			
	
			
			The Parties acknowledge that this Agreement, the Plan, and all negotiations relating hereto are part of a proposed settlement of matters that could otherwise be the subject of litigation. Pursuant to Rule 408 of the Federal Rules of Evidence, any applicable state rules of evidence and any other applicable law, foreign or domestic, the Plan, this Agreement, the Plan, any related documents, and all negotiations relating thereto shall not be admissible into evidence in any proceeding, or used by any party for any reason whatsoever, including in any proceeding, other than a proceeding to enforce its terms.

			
	
			
				 29.
			Counterparts. This Agreement may be executed in one or more counterparts, each of which, when so executed, shall constitute the same instrument, and the counterparts may be delivered by facsimile transmission or by electronic mail in portable document format (.pdf).

			
	
			
				 30.
			Public Disclosure. This Agreement, as well as its terms, its existence, and the existence of the negotiation of its terms are expressly subject to any existing confidentiality agreements executed by and among any of the Parties as of the date hereof; provided,  however, that in connection with the Chapter 11 Cases, the Parties may disclose the existence of, or the terms of, this Agreement or any other material term of the transaction contemplated herein without the express written consent of the other Parties but may not disclose, and shall redact the holdings information of every Party to this Agreement as of the date hereof and at any time hereafter. In addition, each Party to this Agreement shall have the right, at any time, to know the identities and holdings information of every other Party to this Agreement, but must keep such 

		
			
		

		
			

		 

		

			26

		

 

information confidential and may not disclose such information to any person except as may be compelled by a court of competent jurisdiction. 
		

			
	
			
				 31.
			Headings. The section headings of this Agreement are for convenience of reference only and shall not, for any purpose, be deemed a part of this Agreement.

			
	
			
				 32.
			Interpretation. This Agreement is the product of negotiations among the Parties, and the enforcement or interpretation hereof, is to be interpreted in a neutral manner, and any presumption with regard to interpretation for or against any Party by reason of that Party having drafted or caused to be drafted this Agreement or any portion hereof, shall not be effective in regard to the interpretation hereof.

		
			 
		

		
			[Signatures and exhibits follow.]
		

		
			 
		

		
			 
		

		
			 
		

		
			

		 

		

			27

		

 

Debtor Signature Page
		

		
			VENOCO, INC.
		

		
			DENVER PARENT CORPORATION
		

		
			ELLWOOD PIPELINE, INC.
		

		
			WHITTIER PIPELINE CORPORATION
		

		
			TEXCAL ENERGY (GP) LLC
		

		
			 
		

			
					
						By:

					
					
						/s/Scott M. Pinsonnault

					
					
						 

				

		
			 
		

			
					
						Name: Scott M. Pinsonnault

					
					
						 

				
	
					
						Title: Chief Financial Officer and Chief Restructuring Officer of Venoco, Inc.

				

		
			 
		

		
			 
		

		
			TEXCAL ENERGY (LP) LLC
		

		
			 
		

		
			By: VENOCO, INC., its Manager
		

		
			 
		

			
					
						By:

					
					
						/s/Scott M. Pinsonnault

					
					
						 

				

		
			 
		

			
					
						Name: Scott M. Pinsonnault

					
					
						 

				
	
					
						Title: Chief Financial Officer and Chief Restructuring Officer of Venoco, Inc.

				

		
			 
		

		
			TEXCAL ENERGY SOUTH TEXAS, L.P.
		

		
			 
		

		
			By: TEXCAL ENERGY (GP) LLC, as general partner
		

		
			 
		

			
					
						By:

					
					
						/s/Scott M. Pinsonnault

					
					
						 

				

		
			 
		

			
					
						Name: Scott M. Pinsonnault

					
					
						 

				
	
					
						Title: Chief Financial Officer and Chief Restructuring Officer of Venoco, Inc.

				

		
			 
		

		
			 
		

		
			 
		

		
			

		 

		

			[DEBTOR SIGNATURE PAGE TO AMENDED AND RESTATED RESTRUCTURING SUPPORT AGREEMENT]

		

 

Restructuring Support Party Signature Page
		

		
			 
		

			
					
						 

					
					
						MAST CREDIT OPPORTUNITIES I MASTER FUND LIMITED

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Adam Kleinman

				
	
					
						 

					
					
						Name: Adam Kleinman

				
	
					
						 

					
					
						Title: Authorized Signatory

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			 
		

		
			 
		

		

		 

		

			[RESTRUCTURING SUPPORT PARTY SIGNATURE PAGE TO AMENDED AND RESTATED RESTRUCTURING SUPPORT AGREEMENT]

		

 

	
					
						as

					
					
						 

					
					
						 

				
	
					
						 

					
					
						MAST OC I MASTER FUND LP

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:  MAST OC I IA LLC, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Adam Kleinman

				
	
					
						 

					
					
						Name: Adam Kleinman

				
	
					
						 

					
					
						Title: Authorized Signatory

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						AST

					
					
						 

					
					
						 

				
	
					
						 

					
					
						MAST SELECT OPPORTUNITIES MASTER FUND LP

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						BY: MAST SELECT OPPORTUNITIES GP, LLC, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Adam Kleinman

				
	
					
						 

					
					
						Name: Adam Kleinman

				
	
					
						 

					
					
						Title: Authorized Signatory

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						 

					
					
						Ap

					
					
						 

				
	
					
						 

					
					
						APOLLO CENTRE STREET PARTNERSHIP, L.P.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO CENTRE STREET ADVISORS (APO DC), L.P., its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						C

					
					
						 

					
					
						 

				
	
					
						 

					
					
						APOLLO CREDIT OPPORTUNITY TRADING FUND III

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO CREDIT OPPORTUNITY FUND III LP, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO CREDIT OPPORTUNITY MANAGEMENT III LLC, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						ran

					
					
						 

					
					
						 

				
	
					
						 

					
					
						APOLLO FRANKLIN PARTNERSHIP, L.P.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO FRANKLIN ADVISORS (APO DC), L.P., its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO FRANKLIN ADVISORS (APO-GP DC), L.P., its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						nv

					
					
						 

					
					
						 

				
	
					
						 

					
					
						APOLLO INVESTMENT CORPORATION

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO INVESTMENT MANAGEMENT L.P., its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: ACC MANAGEMENT, LLC, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						nv

					
					
						 

					
					
						 

				
	
					
						 

					
					
						APOLLO SK STRATEGIC INVESTMENTS, L.P.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO STRATEGIC ADVISORS GP, L.P., its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO SK STRATEGIC ADVISORS, LLC, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						nv

					
					
						 

					
					
						 

				
	
					
						 

					
					
						APOLLO SPECIAL OPPORTUNITIES MANAGED ACCOUNT, L.P.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO SVF MANAGEMENT, L.P., its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO SVF MANAGEMENT GP, LLC, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						nv

					
					
						 

					
					
						 

				
	
					
						 

					
					
						APOLLO SPN INVESTMENTS I (CREDIT), LLC

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						nv

					
					
						 

					
					
						 

				
	
					
						 

					
					
						APOLLO ZEUS STRATEGIC INVESTMENTS, L.P.

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO ZEUS STRATEGIC ADVISORS, L.P., its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: APOLLO ZEUS STRATEGIC ADVISORS, LLC, its general partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ Joseph D. Glatt

				
	
					
						 

					
					
						Name: Joseph D. Glatt

				
	
					
						 

					
					
						Title: Vice President

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		
			
		

		

		 

		

			 

		

 

	
					
						nv

					
					
						 

					
					
						 

				
	
					
						 

					
					
						CANDLEWOOD SPECIAL SITUATIONS MASTER FUND, LTD, by it Investment Manager, CANDLEWOOD INVESTMENT GROUP, LP

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: /s/ David Koenig

				
	
					
						 

					
					
						Name: David Koenig

				
	
					
						 

					
					
						Title: Managing Partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Amount of Unsecured Note Holdings: _____________

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Amount of Senior PIK Toggle Note

				
	
					
						 

					
					
						Holdings:  _______________

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						CDW OC 522 MASTER FUND, LTD, by its Investment Manager, CANDLEWOOD INVESTMENT GROUP, LP

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By:

					
					
						/s/ David Koenig

				
	
					
						 

					
					
						Name:  David Koenig

				
	
					
						 

					
					
						Title: Managing Partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Amount of Unsecured Note Holdings: _____________

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Amount of Senior PIK Toggle Note

				
	
					
						 

					
					
						Holdings:  _______________

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						FLAGLER MASTER FUND SPC LTD., for and on behalf of its Class A Segregated Portfolio, by it Investment Manager, CANDLEWOOD INVESTMENT GROUP, LP

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						By: /s/ David Koenig

				
	
					
						 

					
					
						Name: David Koenig

				
	
					
						 

					
					
						Title: Managing Partner

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Amount of Unsecured Note Holdings: _____________

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Amount of Senior PIK Toggle Note

				
	
					
						 

					
					
						Holdings:  _______________

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				

		
			

		 

		

			 

		

 

 
		

		
			
		

		
			

		 

		

			 

		

 

EXHIBIT A
		

		
			Plan
		

		
			
		

		
			

		 

		

			 

		

 

EXHIBIT B
		

		
			Management Divestment Letter Agreement
		

		
			
		

		
			

		 

		

			 

		

 

EXHIBIT C
		

		
			Unsecured Notes Divestment Letter Agreement
		

		
			
		

		
			

		 

		

			 

		

 

EXHIBIT D
		

		
			Interim DIP Order
		

		
			
		

		
			

		 

		

			 

		

 

EXHIBIT E
		

		
			Form of Joinder
		

		
			This joinder (the “Joinder”) to the Amended and Restated Restructuring Support Agreement, dated as of April 8, 2016 (the “Agreement”), among: (i) Venoco, Inc., Denver Parent Corporation, Ellwood Pipeline, Inc., TexCal Energy (LP) LLC, Whittier Pipeline Corporation, TexCal Energy (GP) LLC and TexCal Energy South Texas, L.P.; (ii) the Consenting First Lien Noteholders; (iii) the Consenting Second Lien Noteholders; and (iv) the Consenting Unsecured Noteholders, is executed and delivered by [________________] (the “Joining Party”) as of [________________]. Each capitalized term used herein but not otherwise defined shall have the meaning ascribed to it in the Agreement.
		

			
	
			
				 1.
			Agreement to be Bound. The Joining Party hereby agrees to be bound by all of the terms of the Agreement, a copy of which is attached to this Joinder as Annex 1 (as the same has been or may be hereafter amended, restated, or otherwise modified from time to time in accordance with the provisions thereof). The Joining Party shall hereafter be deemed to be a Party for all purposes under the Agreement and one or more of the entities comprising the Restructuring Support Parties.

			
	
			
				 2.
			Representations and Warranties. The Joining Party hereby represents and warrants to each other Party to the Agreement that, as of the date hereof, such Joining Party (a) is the legal or beneficial holder of, and has all necessary authority (including authority to bind any other legal or beneficial holder) with respect to, the First Lien Notes, the Second Lien Notes and/or the Unsecured Notes identified below its name on the signature page hereof, and (b) makes, as of the date hereof, the representations and warranties set forth in Section 14 of the Agreement to each other Party.

			
	
			
				 3.
			Governing Law. This Joinder shall be governed by and construed in accordance with the internal laws of the State of Delaware, without regard to any conflicts of law provisions which would require the application of the law of any other jurisdiction.

			
	
			
				 4.
			Notice. All notices and other communications given or made pursuant to the Agreement shall be sent to:

		
			To the Joining Party at:
		

		
			Joining Party
		

		
			Attn:
		

		
			Address:
		

		
			Fax:
		

		
			Email:
		

		
			 
		

		
			[Signatures and annex follow.]
		

		
			 
		

		
			 
		

		
			

		 

		

			 

		

 

IN WITNESS WHEREOF, the Joining Party has caused this Joinder to be executed as of the date first written above.
		

		
			JOINING PARTY
		

		
			 
		

			
					
						 

					
					
						Holdings: $__________________ of First Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Second Lien Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Unsecured Notes

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						 

				
	
					
						 

					
					
						Holdings: $__________________ of Other Debt

				

		
			 
		

		 

		

			[Signature page to joinder Agreement]Ex_1083

		

			Exhibit 10.8.3

		

		
			SEVERANCE AND RESTRICTIVE COVENANT AGREEMENT
		

		
			THIS SEVERANCE AND RESTRICTIVE COVENANT AGREEMENT (this “Agreement”) is dated as of November ___, 2015 (the “Effective Date”), between TESSCO TECHNOLOGIES INCORPORATED, a Delaware corporation (the “Company”), and ________ (“Executive”).
		

			
	
			
				 Section 1.
			TERM OF AGREEMENT

		
			The term of this Agreement shall commence on and as of the Effective Date and continue until Executive’s employment has terminated and the obligations of the parties hereunder have terminated or expired or have been satisfied in accordance with their terms.
		

			
	
			
				 Section 2.
			DEFINITIONS

		
			For purposes of this Agreement, the following terms have the meanings set forth in this Section:
		

			
	
			
				 2.1.
			“Board” means the Board of Directors of the Company.

			
	
			
				 2.2.
			“Cause” means:

			
	
			
				 (a)
			Executive’s willful violation of a Company policy (excluding any act or omission that Executive reasonably believed in good faith to have been in the best interest of the Company), commission of an act of fraud or dishonesty, or willful engagement in illegal conduct or gross misconduct, which in each case is materially and demonstrably injurious to the Company;

			
	
			
				 (b)
			Executive’s continued failure to substantially perform Executive’s duties with the Company or to substantially comply with a specific and lawful directive of the Company’s President and Chief Executive Officer or the Board (other than a continued failure caused by or attributable to physical or mental illness or infirmity), in each case after a written demand for substantial performance or substantial compliance is delivered to Executive by or on behalf of the Company’s President and Chief Executive Officer or the Board, which demand is based on a good-faith determination by the Company’s President and Chief Executive Officer or the Board, after reasonable inquiry, specifically identifying the manner in which the Company’s President and Chief Executive Officer or the Board believes Executive has not substantially performed Executive’s duties or substantially complied with a lawful directive;

			
	
			
				 (c)
			Executive’s conviction of (including a plea of nolo contendere to) a crime constituting a felony;

			
	
			
				 (d)
			Executive’s embezzlement or criminal diversion of funds; or

		 

		

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				 (e)
			Executive’s failure (other than by reason of physical or mental illness or infirmity) to perform or to comply with any material term or condition of this Agreement, which failure:

			
	
			
				 (i)
			is of such a nature that it is reasonably capable of being cured, but only if (x) Executive does not cure such failure within thirty (30) days after written notice of such failure or (y) if such failure cannot be cured in such period and the continuation of such failure will not be materially and demonstrably injurious to the Company, Executive does not commence and diligently seek to cure such failure within such period and thereafter continue to seek to cure such failure until cured; or

			
	
			
				 (ii)
			is of such a nature that it is not reasonably capable of being cured, in which case Executive shall be given written notice thereof but shall not be entitled to any opportunity to cure such failure.

			
	
			
				 2.3.
			“Change in Control” means the occurrence of any of the following:

			
	
			
				 (a)
			any “person” (as that term is used in Section 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (other than Robert B. Barnhill, Jr., his affiliates, and members of his family) becomes the beneficial owner, directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the combined voting power of the then-outstanding securities of the Company; or

			
	
			
				 (b)
			there is a change in the composition of a majority of the Board of Directors of the Company within twelve (12) months after any “person” (as defined above) (other than Robert B. Barnhill, Jr., his affiliates, and members of his family) becomes the beneficial owner, directly or indirectly, of securities of the Company representing thirty percent (30%) or more of the combined voting power of the then-outstanding securities of the Company; or

			
	
			
				 (c)
			there is consummated any consolidation or merger or share exchange involving the Company in which the Company is not the continuing or surviving corporation or pursuant to which shares of the Company’s common stock would be converted into cash, securities, or other property, other than a merger of the Company in which the holders of the Company’s common stock immediately before the merger have substantially the same proportionate ownership of common stock of the surviving entity immediately after the merger; or

			
	
			
				 (d)
			there is consummated any sale, lease, exchange, or other transfer (in one transaction or a series of related transactions) of all or a substantial portion of the assets of the Company other than to one or more of its wholly-owned subsidiaries; or 

			
	
			
				 (e)
			the stockholders of the Company approve a plan or proposal for the complete or partial liquidation, dissolution, or divisive reorganization of the Company.

			
	
			
				 2.4.
			“Code” means the Internal Revenue Code of 1986, as amended.

		 

		

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				 2.5.
			“Date of Termination” means: (i) if Executive’s employment terminates by virtue of Executive’s death, the date of death and (ii) in all other cases, the date as of which a termination of Executive’s employment becomes effective in accordance with the provisions of Section 3.1(d).

			
	
			
				 2.6.
			“Disability” means any physical or mental illness or infirmity of Executive (expressly excluding habitual use of alcohol or drugs) that causes Executive to be substantially unable to perform Executive’s duties hereunder for any period of one hundred eighty (180) consecutive days or two hundred seventy (270) days, whether or not consecutive, in any period of three hundred sixty five (365) days, despite provision by the Company of reasonable accommodations as required by law. The determination of whether a Disability exists shall be made by a licensed physician who is board certified in the specialty mutually determined by the Company and Executive to be applicable and who is mutually selected by the Company and Executive. If the parties cannot agree on such a physician or specialty, each party shall select a physician and the two physicians so selected shall select a third physician board certified in the specialty determined appropriate by the two physicians, and such board-certified physician shall make the determination of whether a Disability exists. Absent certification by the physician so selected that the circumstances of Executive’s condition have changed materially since the time of the then most recent determination, neither party shall be able to initiate a determination as to Disability for a period of nine months after the completion of the then most recent determination. 

			
	
			
				 2.7.
			“Good Reason” means the occurrence, without Executive’s express prior written consent, of any of the following:

			
	
			
				 (a)
			Any substantial reduction in the scope of Executive’s authority, duties, or responsibilities, other than a reduction attributable to Executive’s continued failure to substantially perform Executive’s duties with the Company or to accommodate Executive’s physical or mental illness or infirmity; 

			
	
			
				 (b)
			Any substantial reduction in Executive’s base compensation or total compensation opportunity for any fiscal year (taking into account base compensation, bonus or other incentive compensation opportunities, and noncash compensation); or

			
	
			
				 (c)
			Any relocation by the Company of Executive’s primary office work location to a point that is more than fifty (50) miles from 11126 McCormick Road, Hunt Valley, MD 21031 resulting from or in connection with a Change in Control; but only if (i) Executive delivers a written notice to the Company specifically identifying the occurrence and demanding that it be remedied within ninety (90) days of the initial existence of such occurrence and (ii) if the same is capable of being rectified, the Company fails to rectify the same within thirty (30) days after receiving such written notice or, if the same is not capable of being rectified within such period of time, the Company fails to commence diligently to seek to rectify the same within such period and thereafter to continue to seek to rectify such failure until rectified. 

		
			For the avoidance of doubt: (x) neither the relocation of Executive’s place of employment to another location nor the occurrence of a Change in Control shall, of itself, constitute “Good Reason” and (y) any prospective action that would, if actually taken or implemented, constitute 

		 

		

			3

		

 

		

			 

		

		

			 

		

Good Reason through the application of (a) or (b) above (after the expiration without cure of the applicable notice and cure period provided for above) shall not in any event be deemed to have occurred unless and until such action is actually taken or implemented. 
		

			
	
			
				 2.8.
			“Separation from Service” means a termination of Executive’s employment that constitutes a separation from service under Section 409A(a)(2)(A)(i) of the Code.

			
	
			
				 Section 3.
			TERMINATION AND COMPENSATION UPON TERMINATION

			
	
			
				 3.1.
			In General.

			
	
			
				 (a)
			Termination by Company. The Company (acting through the President and Chief Executive Officer or the Board) may at any time elect to terminate Executive’s employment by delivery of a notice of termination to Executive for any reason (including on account of Disability) or no reason, with or without Cause.

			
	
			
				 (b)
			Termination by Executive. Executive may elect to terminate Executive’s employment by delivery of a notice of termination for any reason (including on account of Disability) or no reason, with or without Good Reason at any time.

			
	
			
				 (c)
			Notice of Termination. Any termination of Executive’s employment, whether by the Company or by Executive, shall be communicated by written notice of termination to the other party in accordance with the terms of Section 5.4. The notice of termination shall state the specific termination provision in this Agreement relied upon and set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of Executive’s employment under the provision so indicated and shall state an effective date of termination that complies with the requirements of subsection (d).

			
	
			
				 (d)
			Effective Date of Termination. Unless otherwise agreed upon in writing by the Company and Executive:

			
	
			
				 (i)
			The effective date of termination of Executive’s employment in the case of a termination of Executive’s employment by the Company for any or no reason shall not be more than ninety (90) days after the date the notice of termination is given by the Company; and

			
	
			
				 (ii)
			The effective date of termination in the case of a termination of Executive’s employment by Executive for any reason shall not be less than thirty (30) nor more than thirty-five (35) days after the date the notice of termination is given by Executive. 

		
			The foregoing, however, shall not preclude the Company from requiring that Executive take a leave of absence with pay until the expiration of the period between the date the notice of termination is given and the effective date of termination. 
		

		 

		

			4

		

 

		

			 

		

		

			 

		

			
	
			
				 (e)
			Section 409A.  

			
	
			
				 (i)
			All payments made to or in respect of Executive pursuant to this Section 3 shall be made in a cash lump sum within thirty (30) days following the Date of Termination, except where this Agreement (or the plan pursuant to which such payment is to be made) provides otherwise. No amounts that are “deferred compensation” within the meaning of Section 409A of the Code and that are payable under this Agreement as a result of Executive’s termination of employment shall be payable to Executive unless Executive’s termination of employment also constitutes a Separation from Service.

			
	
			
				 (ii)
			In the event that any payments due under Section 3.3(c) or Section 3.4 constitute “deferred compensation” within the meaning of Section 409A of the Code, Executive’s right to receive a series of installment payments shall be treated as a right to a series of separate payments.

			
	
			
				 3.2.
			Death, Disability, Cause, or Resignation Without Good Reason. Executive’s employment shall be terminated automatically on the date of Executive’s death or Disability. Upon such a termination of employment, or upon a termination of employment by the Company for Cause, or upon a termination of employment by Executive without Good Reason, the Company shall pay to Executive (or, in the event of Executive’s death, to Executive’s beneficiary or estate), when the same would otherwise have been due, (i) Executive’s base compensation through the Date of Termination and (ii) any Accrued Bonus as of the Date of Termination (determined in accordance with Section 3.5) and shall have no further obligations under this Agreement.

			
	
			
				 3.3.
			Termination Without Cause or With Good Reason. If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason, the Company shall pay to Executive:

			
	
			
				 (a)
			Termination Without Cause or With Good Reason. If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason, the Company shall pay to Executive:

			
	
			
				 (b)
			Termination Without Cause or With Good Reason. If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason, the Company shall pay to Executive:

			
	
			
				 (c)
			Termination Without Cause or With Good Reason. If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason, the Company shall pay to Executive:

			
	
			
				 3.4.
			Termination Without Cause or With Good Reason Following Change in Control. If Executive’s employment is terminated by the Company without Cause or by Executive for Good Reason within one (1) year following the occurrence of a Change in Control, the Company shall pay to Executive, in lieu of the amount of severance pay that would otherwise be payable under Section 3.3(c), an amount of severance pay equal to one hundred percent (100%) of Executive’s annual base compensation as in effect on the Date of Termination (without regard to any reduction therein constituting Good Reason within the meaning of Section 

		 

		

			5

		

 

		

			 

		

		

			 

		

	2.7(b)), which amount shall be paid in twelve (12) consecutive equal monthly installments (A) commencing on the later of (x) the first day of second calendar month following the Date of Termination and (y) the tenth (10th) day after Executive has executed and delivered to the Company the general release agreement required by Section 3.7 (and provided that Executive has not thereafter revoked or rescinded such release) and (B) continuing thereafter monthly until paid in full.

			
	
			
				 3.5.
			Determination of Accrued Bonus. For purposes of Section 3.2 and Section 3.3(b), “Accrued Bonus” determined as of Executive’s Date of Termination means any bonus or other cash incentive compensation earned or accrued on the Company’s books as of or through the Date of Termination in accordance with this Section 3.5. In making this calculation, to the extent applicable: (i) Executive’s based compensation or other earnings will be based on actual earnings through the Date of Termination (determined without regard to any reduction therein constituting Good Reason within the meaning of Section 2.7(b)), (ii) any individual contribution percentage or individual performance factor will be set at 100%, and (iii) any Company performance factors will be based on those used to calculate bonus accruals for the most recently completed fiscal quarter of the fiscal year in which the Date of Termination falls, unless the Date of Termination falls within the Company’s first fiscal quarter of the fiscal year, in which case any Company performance factors will be calculated as reasonably determined by the Company in good faith.

			
	
			
				 3.6.
			Determination of Accrued Bonus. For purposes of Section 3.2 and Section 3.3(b), “Accrued Bonus” determined as of Executive’s Date of Termination means any bonus or other cash incentive compensation earned or accrued on the Company’s books as of or through the Date of Termination in accordance with this Section 3.5. In making this calculation, to the extent applicable: (i) Executive’s based compensation or other earnings will be based on actual earnings through the Date of Termination (determined without regard to any reduction therein constituting Good Reason within the meaning of Section 2.7(b)), (ii) any individual contribution percentage or individual performance factor will be set at 100%, and (iii) any Company performance factors will be based on those used to calculate bonus accruals for the most recently completed fiscal quarter of the fiscal year in which the Date of Termination falls, unless the Date of Termination falls within the Company’s first fiscal quarter of the fiscal year, in which case any Company performance factors will be calculated as reasonably determined by the Company in good faith.

			
	
			
				 3.7.
			Determination of Accrued Bonus. For purposes of Section 3.2 and Section 3.3(b), “Accrued Bonus” determined as of Executive’s Date of Termination means any bonus or other cash incentive compensation earned or accrued on the Company’s books as of or through the Date of Termination in accordance with this Section 3.5. In making this calculation, to the extent applicable: (i) Executive’s based compensation or other earnings will be based on actual earnings through the Date of Termination (determined without regard to any reduction therein constituting Good Reason within the meaning of Section 2.7(b)), (ii) any individual contribution percentage or individual performance factor will be set at 100%, and (iii) any Company performance factors will be based on those used to calculate bonus accruals for the most recently completed fiscal quarter of the fiscal year in which the Date of Termination falls, unless the Date of Termination falls within the Company’s first fiscal quarter of the fiscal year, in which case 

		 

		

			6

		

 

		

			 

		

		

			 

		

	any Company performance factors will be calculated as reasonably determined by the Company in good faith.

			
	
			
				 3.8.
			Limitation.

			
	
			
				 (a)
			The foregoing notwithstanding, the total of the payments made to Executive pursuant to Sections 3.3, Section 3.4, and 3.5 shall be reduced to the extent that the payment of such amount would cause Executive’s total termination benefits (as determined by the Company’s tax advisor) to constitute an “excess” parachute payment under Section 280G of the Code and thereby subject Executive to an excise tax under Section 4999(a) of the Code, but only if Executive determines that the after-tax value of the termination benefits calculated with the foregoing reduction exceeds the value of the termination benefits calculated without the such reduction. Any such reduction shall be reduce the cash payments otherwise to be made to Executive in reverse chronological order.

			
	
			
				 (b)
			To the extent that any cash payments due under Section 3.3, Section 3.4, or Section 3.5: (i) constitute “deferred compensation” subject to the requirements of Section 409A of the Code, (ii) are payable to an Executive who is a “specified employee” (as defined in Section 409A) as a result of Executive’s Separation from Service, and (iii) would be payable during the six (6) month period following Executive’s Separation from Service, such payments shall be suspended and accumulated by the Company and paid out to Executive on the first business day following the date that is six (6) months after Executive’s Separation from Service. In determining whether any cash payments due under Section 3.3, Section 3.4, or Section 3.5 are deferred compensation within the meaning of Section 409A, the parties agree, to the greatest extent possible under the Treasury Regulations promulgated under Section 409A, to make use of any exemptions available under Section 409A, including the short-term deferral exemption (which may require the acceleration of certain cash termination benefits), the separation pay exemption, and the limited payment exemption. 

			
	
			
				 3.9.
			Termination Obligations.

			
	
			
				 (a)
			Executive hereby acknowledges and agrees that all Company Property and Materials furnished or made available to or acquired by Executive in the course of or incident to Executive’s employment, belong to the Company and shall be promptly returned to the Company upon termination of Executive’s employment for whatever reason. “Company Property and Materials” for such purpose includes (i) all electronic devices owned, leased, or made available by the Company for Executive’s use, including personal computers, fax machines, cellular telephones, pagers, and tape recorders, and (ii) all books, manuals, records, reports, notes, contracts, lists, blueprints, maps and other documents, or materials, or copies thereof (including computer files) belonging to, and all other proprietary information relating to the business of, the Company. Following termination, Executive will not retain any written or other tangible material containing any proprietary information of the Company and, upon request, will confirm Executive’s compliance with this subsection in writing.

			
	
			
				 (b)
			Executive’s obligations under this Section 3.9 and Section 4 shall survive termination of Executive’s employment and the expiration of this Agreement.

		 

		

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				 (c)
			Upon termination of Executive’s employment, Executive will be deemed to have resigned from all offices and directorships then held with the Company or any of its affiliates.

			
	
			
				 3.10.
			Right of Offset. Executive expressly agrees that the Company shall be entitled to offset against any amounts otherwise payable to Executive under Section 3.3 or Section 3.4 any amount that Executive may then be obligated to pay to the Company, pursuant to this Agreement or any other agreement or arrangement between Executive and the Company, and Executive consents to the Company’s withholding of such amounts from any amount otherwise payable pursuant to Section 3.3 or Section 3.4.

			
	
			
				 3.11.
			No Duty to Mitigate. No amount due to Executive under this Agreement by virtue of the termination of Executive’s employment (other than payments to be provided in respect of health benefits to the extent that Executive is entitled to similar benefits by virtue of new employment) shall be reduced by or on account of any compensation received by Executive as the result of employment by another employer.

			
	
			
				 Section 4.
			RESTRICTIVE COVENANTS

			
	
			
				 4.1.
			Confidentiality. In the performance of Executive’s duties hereunder Executive shall abide by and be bound by the Company’s Code of Conduct, including the confidentiality and nonsolicitation restrictions set forth therein. In addition and not in lieu or in substitution therefor, Executive shall not, during Executive’s employment or at any time thereafter, directly or indirectly, disclose or make available to any person for any reason or purpose whatsoever, any Confidential Information (as defined below). Executive agrees that, upon termination of Executive’s employment with the Company, all Confidential Information in Executive’s possession that is in written or other tangible form (together with all copies or duplicates thereof, including computer files), whether or not otherwise included among the Personal Property required to be returned pursuant to Section 3.9(a), shall be returned to the Company and shall not be retained by Executive or furnished or disclosed to any third party in any form except as provided herein; provided, however, that Executive shall not be obligated to treat as confidential any information that (i) was publicly known at the time of disclosure to Executive, (ii) becomes publicly known or available thereafter other than by virtue of a violation of this Agreement or any other duty owed to the Company by Executive, or (iii) is lawfully disclosed to Executive by a third party. As used in this Agreement the term “Confidential Information” means otherwise nonpublic information disclosed to Executive or known by Executive as a consequence of or through Executive’s relationship with the Company, including information about the customers, vendors, employees, consultants, business methods, public relations methods, organization, procedures, business plans, or finances, of the Company or its affiliates, whether or not such information constitutes a “trade secret” under applicable law. 

			
	
			
				 4.2.
			Noncompetition

		 

		

			8

		

 

		

			 

		

		

			 

		

			
	
			
				 (a)
			Competitive Activity. In addition to the restrictions contained in the Company’s Code of Conduct, Executive agrees that Executive shall not, without the prior written consent of the Company (as may be communicated through the Company’s President and Chief Executive Officer):

			
	
			
				 (i)
			During the period Executive is employed by the Company (the “Employment Period”) and after termination of Executive’s employment during the Restriction Period (as defined in subsection (d)), directly or indirectly, engage or participate in (as an owner, partner, stockholder, employee, director, officer, agent, consultant or otherwise), with or without compensation, any business that is competitive with the business of the Company or any of its affiliates (x) during the Employment Period, as it is being conducted while Executive is employed by the Company or (y) during the Restriction Period, as it was being conducted at the time of the termination of Executive’s employment (each a “Competitive Business”);

			
	
			
				 (ii)
			After termination of Executive’s employment and during the Restriction Period, directly or indirectly, solicit or attempt to persuade any person who was, at any time within the two (2) year period before such termination an employee or independent contractor of the Company, to terminate his, her, or its relationship with the Company; or

			
	
			
				 (iii)
			After termination of Executive’s employment and during the Restriction Period, directly or indirectly, employ, hire, or retain any person who was an employee of the Company at any time within the one (1) year period before such termination.

		
			For the avoidance of doubt and without limitation, subsection (i) above is intended, among other things, to prohibit, during the Employment Period and Restriction Period, the solicitation by Executive of any customer, client, or vendor of the Company for the benefit of or in furtherance of a Competitive Business and the engagement or participation of Executive by or with any business that solicits or engages in business with any customer, client, or vendor of the Company in furtherance of a Competitive Business.
		

			
	
			
				 (b)
			Notwithstanding the foregoing, and with due recognition of the considerable breadth and scope of the products sold by the Company, the Company agrees that it will not unreasonably withhold its consent to allowing Executive to be employed during the Restriction Period by a Competing Business, provided that (and for as long as) the Competing Business competes with, or is likely to continue to compete with, the Company, as determined in the reasonable discretion of the Company, only in a manner having not more than an immaterial effect on the business, financial condition, or financial results of the Company as a whole or any business segment of the Company. Any such request shall be accompanied by a detailed statement of the then-current and anticipated business activities of the Competing Business, certified to be true, complete, and correct on behalf of such Competing Business, together with or followed by any other or additional information as may reasonably be requested by the Company to fully and properly evaluate Executive’s request. 

			
	
			
				 (c)
			Notwithstanding the foregoing, Executive may own up to a five percent (5%) interest in a publicly traded corporation or other person engaged in a Competitive Business.

		 

		

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				 (d)
			For purposes hereof, “Restriction Period” means the period beginning upon the Date of Termination and ending on the first anniversary thereof.

			
	
			
				 4.3.
			Remedies for Breach. Executive acknowledges that the provisions of Sections 4.1 and 4.2 are reasonable and necessary for the protection of the Company and that the Company may be irrevocably damaged if these provisions are not specifically enforced. Accordingly, Executive agrees that, in addition to any other legal or equitable relief or remedy available to the Company, the Company shall be entitled to seek and may obtain an appropriate injunction or other equitable remedy for the purposes of restraining Executive from any actual or threatened breach of or otherwise enforcing these provisions (and that no bond or security shall be required in connection therewith), together with an equitable accounting of all earnings, profits, and other benefits arising from such violation, which rights shall be cumulative. 

			
	
			
				 4.4.
			Modification. If a court determines that any of the restrictions contained in Section 4.1 or Section 4.2 is unreasonable in terms of scope, duration, geographic area, or otherwise, or any provision in Section 4.1 or Section 4.2 is otherwise illegal, invalid, or unenforceable, then such restriction or provision, as applicable, shall be reformed to the extent necessary so that the same shall be rendered enforceable to the fullest extent otherwise permissible under applicable law, and the parties hereto do hereby expressly authorize any such court to so provide.

			
	
			
				 Section 5.
			GENERAL PROVISIONS

			
	
			
				 5.1.
			Termination of Employment Agreements. The parties hereby agree that any and all prior employment agreements between Executive and the Company are hereby terminated as of the date hereof, and any and all such agreements shall be of no further force and effect from and after the date hereof and the parties shall be released from any further obligations thereunder. The foregoing, however, shall not be deemed to abrogate or otherwise affect any of Executive’s obligations under the Company’s Code of Conduct as heretofore or hereafter in effect or any other restrictive covenant binding upon Executive. 

			
	
			
				 (a)
			Certain Rules of Construction.Number. The definitions contained in Section 2 and elsewhere in this Agreement shall be equally applicable to both the singular and plural forms.

			
	
			
				 (b)
			“Including”; “Or.” The word “including” means and shall be read as “including but not limited to” and the word “or” means “or” in the nonexclusive sense, i.e., either “and” or “or.”

			
	
			
				 (c)
			Section and Subsection References. Except as otherwise specified herein, references in this Agreement to Sections, subsections, and paragraphs are references to the Sections, subsections, and paragraphs of this Agreement.

			
	
			
				 (d)
			Headings. The headings of the Sections, subsections, and paragraphs of this Agreement are inserted for convenience only and shall not be deemed to constitute part of this Agreement or affect the construction hereof.

		 

		

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				 (e)
			“Herein.” Words such as “herein,” “hereinafter,” “hereof,” and “hereunder” refer to this Agreement as a whole and not merely to a subdivision in which such words appear unless the context otherwise requires.

			
	
			
				 (f)
			“Person.” Except as may be expressly provided otherwise herein, the word “person” includes an individual, corporation, general or limited partnership, joint venture, limited liability company, business trust, firm, association, or other form of business entity.

			
	
			
				 (g)
			Joint Drafting. The parties have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties and no presumption or burden of proof shall arise favoring or disfavoring either party by virtue of the authorship of any of the provisions of this Agreement. 

			
	
			
				 5.2.
			Successors; Binding Agreement.

			
	
			
				 (a)
			The Company shall require any successor (whether direct or indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business or assets of the Company to expressly assume and agree to perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. Failure of the Company to obtain such assumption and agreement before the effectiveness of any such succession shall be a breach of this Agreement. Unless expressly provided otherwise, “Company” as used herein means the Company as defined in this Agreement and any successor to its business or assets as aforesaid.

			
	
			
				 (b)
			This Agreement may not be assigned by Executive but shall inure to the benefit of and be enforceable by Executive and Executive’s personal or legal representatives, executors, administrators, heirs, distributees, devisees and legatees. If Executive dies while any amounts remains payable to Executive hereunder, all such amounts, unless otherwise provided herein, shall be paid in accordance with the terms of this Agreement to Executive’s devisee, legatee, or other designee or, if there is no such designee, to Executive’s estate.

			
	
			
				 5.3.
			No Contract of Employment. Executive acknowledges that Executive’s employment with the Company is “at will.” This Agreement does not and is not intended to confer upon Executive any right of continued or future employment by the Company or any right to compensation or benefits from the Company except the rights specifically stated herein, and shall not limit the right of the Company to terminate Executive’s employment at any time with or without Cause.

			
	
			
				 5.4.
			Notices. All notices, demands, and other communications required or permitted by this Agreement shall be in writing and shall be deemed to have been duly given (i) when personally delivered, (ii) when transmitted by fax, email, or other electronic or digital transmission, in each case with receipt confirmed, (iii) one business day after delivery to an overnight courier for next day delivery, or (iv) upon receipt if sent by certified or registered mail. In each case, notice shall be addressed as follows:

		
			If to Executive:As set forth below Executive’s signature
to this Agreement
		

		
			If to the Company:TESSCO Technologies Incorporated
11126 McCormick Road
Hunt Valley, MD 21031
Attention: President and CEO
Fax: (410) 229-1669
		

		
			or to such other address as either party may have furnished to the other in writing in accordance herewith, except that notices of change of address shall be effective only upon actual receipt.
		

			
	
			
				 5.5.
			Counterparts. This Agreement may be executed in several counterparts, each of which shall be deemed to be an original but all of which together will constitute one and the same instrument. A counterpart signature page delivered by fax or other electronic means shall be as effective as the original thereof.

			
	
			
				 5.6.
			Governing Law. This Agreement shall be construed, interpreted, and enforced in accordance with the laws of the State of Maryland (without regard to any provision that would result in the application of the laws of any other state or jurisdiction). 

			
	
			
				 5.7.
			Indemnification. To the fullest extent permitted under applicable law, the Company shall indemnify, defend, and hold Executive harmless from and against any and all causes of action, claims, demands, liabilities, damages, costs, and expenses of any nature whatsoever directly or indirectly arising out of or relating to Executive’s discharge of Executive’s duties on behalf of the Company or its subsidiaries and affiliates, as long as Executive acted in good faith and within the course and scope of Executive’s duties with respect to the matter giving rise thereto.

			
	
			
				 5.8.
			Nondisparagement. The Company and Executive agree that neither will knowingly make any false statement intended or reasonably likely to disparage or defame the other to any person not a party to this Agreement relating to the employment relationship between the Company and Executive, the Company's business, or Executive’s performance.

			
	
			
				 5.9.
			ARBITRATION OF DISPUTES; WAIVER OF JURY TRIAL.

			
	
			
				 (a)
			Any claims (including counterclaims and cross-claims) and disputes between the parties arising out of or in any way relating to this Agreement or Executive’s employment with the Company shall (except as permitted by subsection (b)) be resolved by submission to binding arbitration before a single neutral arbitrator, who shall be a member of the Bar of the State of Maryland, in accordance with the Commercial Arbitration Rules and Procedures of the American Arbitration Association (AAA) then in effect. Such arbitration shall be held in Baltimore, Maryland. 

			
	
			
				 (b)
			Notwithstanding subsection (a) or any other provision of this Agreement, either party shall have the right to apply to a court having appropriate jurisdiction to seek injunctive or other equitable or nonmonetary relief, on either an interim or permanent basis, 

		 

		

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	in respect of any claim arising out of or in connection with this Agreement or Executive’s employment with the Company.

			
	
			
				 (c)
			Without implying any limitation on the requirement of subsection (a) that disputes be submitted to and resolved by arbitration, each party hereby irrevocably waives any right to a trial by jury in any action or proceeding arising under or relating to this Agreement or to the terms or conditions of Executive’s employment with the Company.

			
	
			
				 5.10.
			Attorneys’ Fees. If any legal action, arbitration, or other proceeding is brought for the enforcement of this Agreement, or because of an alleged dispute, breach, or default in connection with any of the provisions of this Agreement, the prevailing party (as determined by the court or arbitrator) shall be entitled to recover reasonable attorneys’ fees and other costs incurred in such action, arbitration, or other proceeding, including any appeal thereof, in addition to any other relief to which such party may be entitled. Any award of attorneys’ fees or costs to Executive shall not affect the award of any attorneys’ fees or costs eligible for reimbursement in any other calendar year, and all such reimbursements must be made on or before the last day of the calendar year following the calendar year in which the expense was incurred.

			
	
			
				 5.11.
			Entire Agreement; Amendments. This Agreement contains the entire agreement and understanding between the Company and Executive with respect to the subject matter hereof, and no representations, promises, agreements, or understandings, written or oral, not herein contained shall be of any force or effect. This Agreement shall not be changed unless in writing and signed by both Executive and the Company.

			
	
			
				 5.12.
			Executive’s Acknowledgment. Executive acknowledges (i) that Executive has had the opportunity to consult with independent counsel of Executive’s own choice concerning this Agreement, and (ii) that Executive has read and understands the Agreement, is fully aware of its legal effect, and has entered into it freely based on Executive’s own judgment.

		
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IN WITNESS WHEREOF, the parties have executed this Severance and Restrictive Covenant Agreement as of the date and year first above written.
		

		
			 
		

			
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						TESSCO TECHNOLOGIES INCORPORATED

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						By: 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						Robert B. Barnhill, Jr. 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						President and CEO

				
	
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						Executive:

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						Address:

					
					
						 

					
					
						 

				
	
					
						 

					
					
						 

					
					
						 

					
					
						 

					
					
						 

				

		
			 
		

		 

		

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