Document:

Exhibit 10.1

AMENDMENT
TO EMPLOYMENT AGREEMENT

This
Amendment to Employment Agreement (the “Amendment”) is entered into as
of the 10th day of July, 2006, by and between VitaCube Systems Holdings, Inc., a Nevada corporation
(the “Employer”), and Earnest Mathis, Jr. (the
“Employee”).

EXPLANATORY STATEMENT

A.            Employer and Employee entered into
an Employment Agreement dated March 2, 2005 (the “Employment Agreement”)
whereby the Employer employed the Employee.

B.            The Employee has agreed to reduce his salary for a period
of one year from the date of this Amendment from $150,000 to $75,000 upon the
Employer granting options to the Employee to purchase 150,000 shares of the
Employer’s common stock at a price per share as of the date of this Amendment.

C.            The Employer and Employee desire to
amend and modify the Employment Agreement as set forth below.

NOW,
THEREFORE, in consideration of the mutual promises contained herein and other
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Employment Agreement is hereby amended and modified as
follows:

1.             Section numbered 3.1, “Salary”
is hereby amended by the addition of the following at the end of Section numbered
3.1:

 “Notwithstanding the foregoing, for a period of one
year from May 28, 2006 through May 27, 2007, the Employee’s Base
Salary shall be $75,000 per year. For any month in the period June 2006
through May 2007 that the Company’s operating net cash flow for any month
is greater than $17,000 positive, a bonus of $6,250 will be paid for each such
month during the first pay period following that month.”

2.             Section numbered
3.2 “Stock Options” is hereby amended by the addition of the following
at the end of Section numbered 3.2:

“Further, Employee shall receive options (the “Options”)
to purchase an aggregate of 150,000 shares of Employer’s common stock at the
fair market value of per share of common stock which is the closing price per
share on the effective date of this Amendment with such Options to vest over
the 52 week period May 28, 2006 through May 27, 2007 but not to be
part of the Employer’s 2003 Stock Incentive Plan. These options contain customary piggyback registration rights.”

3.             Any and all other terms and
conditions of the Employment Agreement not amended or modified herein shall
remain the same and in full force and effect.

 

	
  Employer:

  	
   

  	
  Employee:

  
	
   

  	
   

  	
   

  
	
  VitaCube
  Systems Holdings, Inc. 

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/ Earnest Mathis Jr.

  	
   

  	
  /s/ Earnest Mathis Jr.

  
	
  Earnest
  Mathis, Jr., Chief Executive Officer

  	
   

  	
  Earnest Mathis, Jr.Exhibit 10.2

AMENDMENT
TO EMPLOYMENT AGREEMENT

This
Amendment to Employment Agreement (the “Amendment”) is entered into as
of the 10th day of July, 2006, by and between VitaCube Systems Holdings, Inc., a Nevada corporation
(the “Employer”), and Sanford D. Greenberg (the
“Employee”).

EXPLANATORY STATEMENT

A.            Employer and Employee entered into a
Restated Employment Agreement dated March 2, 2005 (the “Employment
Agreement”) whereby the Employer employed the Employee.

B.            The Employee has agreed to reduce
his Base Salary, as defined in the Employment Agreement, for a period of one
year from the date of this Amendment from $150,000 to $75,000 upon the Employer
granting options to the Employee to purchase 150,000 shares of the Employer’s
common stock at a price per share as of the date of this Amendment.

C.            The Employer and Employee desire to
amend and modify the Employment Agreement as set forth below.

NOW,
THEREFORE, in consideration of the mutual promises contained herein and other
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Employment Agreement is hereby amended and modified as
follows:

1.             Section numbered 2(a) under
“Compensation” is hereby amended by the addition of the following at the end of
Section numbered 2(a):

                “Notwithstanding
the foregoing, for a period of one year from May 28, 2006 through May 27,
2007, the Employee’s Base Salary shall be $75,000 per year. For any month in
the period June 2006 through May 2007 that the Company’s operating net
cash flow for any month is greater than $17,000 positive, a bonus of $6,250
will be paid for each such month during the first pay period following that
month.”

2.             Section numbered 2(b) under
“Compensation” is hereby amended to read as follows:

“Employee shall receive
options (the “Options”) to purchase an aggregate of 150,000 shares of
Employer’s common stock at the fair market value of per share of common stock
which is the closing price per share on the effective date of this Amendment
with such Options to vest over the 52 week period May 28, 2006 through May 27,
2007 but not to be part of the Employer’s 2003 Stock Incentive Plan. Employee
also shall receive such options to purchase Employer’s common stock, as the
Board shall determine from time to time. These
options contain customary piggyback registration rights.” 

3.             Any and all other terms and
conditions of the Employment Agreement not amended or modified herein shall
remain the same and in full force and effect.

 

	
  Employer:

  	
   

  	
  Employee:

  
	
   

  	
   

  	
   

  
	
  VitaCube
  Systems Holdings, Inc. 

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/ Earnest Mathis Jr.

  	
   

  	
  /s/ Sanford D. Greenberg

  
	
  Earnest
  Mathis, Jr., Chief Executive Officer

  	
   

  	
  Sanford D. GreenbergExhibit 10.3

AMENDMENT
TO EMPLOYMENT AGREEMENT

This
Amendment to Employment Agreement (the “Amendment”) is entered into as
of the 10th day of July, 2006, by and between VitaCube Systems Holdings, Inc., a Nevada corporation
(the “Employer”), and John D. Pougnet (the
“Employee”).

EXPLANATORY STATEMENT

A.            Employer and Employee entered into
an Employment Agreement dated September 12, 2005 (the “Employment
Agreement”) whereby the Employer employed the Employee.

B.            The Employee has agreed to reduce his salary for a period
of one year from the date of this Amendment from $140,000 to $90,000 upon the
Employer granting options to the Employee to purchase 100,000 shares of the
Employer’s common stock at a price per share as of the date of this Amendment.

C.            The Employer and Employee desire to
amend and modify the Employment Agreement as set forth below.

NOW,
THEREFORE, in consideration of the mutual promises contained herein and other
good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the Employment Agreement is hereby amended and modified as
follows:

1.             Section numbered 3.1, “Salary”
is hereby amended by the addition of the following at the end of Section numbered
3.1:

 “Notwithstanding the foregoing, for a period of one
year from May 28, 2006 through May 27, 2007, the Employee’s Base
Salary shall be $90,000 per year. For any month in the period June 2006
through May 2007 that the Company’s operating net cash flow for any month
is greater than $17,000 positive, a bonus of $4,167 will be paid for each such
month during the first pay period following that month.”

2.             Section numbered
3.2 “Stock Options” is hereby amended by the addition of the following
at the end of Section numbered 3.2:

“Further, Employee shall receive options (the “Options”)
to purchase an aggregate of 100,000 shares of Employer’s common stock at the
fair market value of per share of common stock which is the closing price per
share on the effective date of this Amendment with such Options to vest over
the 52 week period May 28, 2006 through May 27, 2007 but not to be
part of the Employer’s 2003 Stock Incentive Plan. These options contain customary piggyback registration rights.”

3.             Any and all other terms and
conditions of the Employment Agreement not amended or modified herein shall
remain the same and in full force and effect.

 

	
  Employer:

  	
   

  	
  Employee:

  
	
   

  	
   

  	
   

  
	
  VitaCube
  Systems Holdings, Inc. 

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  /s/ Earnest Mathis Jr.

  	
   

  	
  /s/ John D. Pougnet

  
	
  Earnest
  Mathis, Jr., Chief Executive Officer

  	
   

  	
  John D. PougnetTHIRD AMENDMENT TO
AMENDED AND RESTATED CREDIT AGREEMENT

This Third Amendment to Amended and Restated Credit
Agreement (hereinafter referred to as the “Amendment”)
executed as of June 30, 2006, by and among Clayton Williams Energy Inc., a
Delaware corporation (“CWEI”),
Southwest Royalties, Inc. (successor by merger to CWEI-SWR, Inc.), a
Delaware corporation (“SWR”, and
together with CWEI and each of their respective successors and permitted
assigns, the “Borrowers” and each a “Borrower”), Warrior Gas Co., a Texas corporation (“Warrior”), CWEI Acquisitions, Inc. a Delaware
corporation (“CWEI Acquisitions”), Romere Pass
Acquisition L.L.C., a Delaware limited liability company (“Romere”),
CWEI Romere Pass Acquisition Corp., a Delaware corporation (“Romere Corp”), Blue Heel Company, a Delaware corporation (“Blue Heel”), and Tex-Hal Partners, Inc., a Delaware
corporation (“Tex-Hal,” and together with
Warrior, CWEI Acquisitions, Romere, Romere Corp and Blue Heel and each of their
successors and permitted assigns, the “Guarantors” and
each a “Guarantor”), JPMorgan Chase Bank, N.A.
(successor by merger to Bank One, N.A. (Illinois)), a national banking
association (“JPMorgan Chase”), each of the
financial institutions which is a party hereto (as evidenced by the signature pages to
this Amendment) or which may from time to time become a party to the Agreement
pursuant to the provisions of Section 14.3 thereof or any successor or
permitted assignee thereof (hereinafter collectively referred to as “Lenders”, and individually, “Lender”),
JPMorgan Chase, as Administrative Agent (in its capacity as Administrative
Agent and together with its successors in such capacity, “Administrative
Agent”). Capitalized terms used but not defined in this Amendment
have the meanings assigned to such terms in that certain Amended and Restated
Credit Agreement dated as of May 21, 2004, by and among Borrowers,
Guarantors, Administrative Agent and Lenders (as amended, supplemented or
otherwise modified from time to time, the “Agreement”).

WITNESSETH:

WHEREAS, the Borrowers and the Guarantors have requested,
among other things, that the Administrative Agent and the Lenders amend the
Agreement to (i) increase the Borrowing Base to $200,000,000, (ii) increase
the maximum permitted amount of LC Obligations to $25,000,000, (iii) permit
the use of proceeds of the Loans to acquire, construct and operate drilling
rigs and related drilling equipment and (iv) extend the Facility
Termination Date; and the Administrative Agent and the Lenders (or at least the
requisite percentage thereof)  have
agreed to do so on the terms and conditions hereinafter set forth; and

NOW, THEREFORE, for and in consideration of the mutual covenants
and agreements herein contained and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged and confessed, the
Borrowers, the Guarantors, the Administrative Agent and the Lenders, hereby
agree as follows:

SECTION 1.   Amendments to the Agreement. Subject
to the satisfaction or waiver in writing of each condition precedent set forth
in Section 3 hereof, and in reliance
on the representations, warranties, covenants and agreements contained in this
Amendment, the Agreement shall be amended in the manner provided in this Section 1.

 1
 

 

 

1.1   Amended Definitions.  Article I   of
the Agreement shall be and it hereby is amended by amending and restating the
following definitions to read in their entirety as follows:

“Facility
Termination Date” means May 21, 2009.

“Larclay”
means, collectively, Larclay GP and Larclay LP and its Subsidiaries.

“Permitted
Liens”  means (i) royalties,
overriding royalties, reversionary interests, production payments and similar
burdens granted by any Credit Party or Related Partnership with respect to the
Oil and Gas Interests owned by such Credit Party or Related Partnership, as the
case may be, if the net cumulative effect of such burdens does not operate to
deprive any Credit Party or any Related Partnership of any material right in
respect of its assets or properties (except for rights customarily granted with
respect to such interests); (ii) statutory Liens, including Liens for
taxes or other assessments that are not yet delinquent (or that, if delinquent,
are being contested in good faith by appropriate proceedings and for which a
Credit Party, or a Related Partnership, as the case may be, has set aside on
its books adequate reserves in accordance with Agreement Accounting
Principles); (iii) easements, rights of way, servitudes, permits, surface
leases and other rights in respect to surface operations, pipelines, grazing,
logging, canals, ditches, reservoirs or the like, conditions, covenants and
other restrictions, and easements of streets, alleys, highways, pipelines,
telephone lines, power lines, railways and other easements and rights of way
on, over or in respect of any Credit Party’s or Related Partnership’s assets or
properties; (iv) materialmen’s, mechanic’s, repairman’s, employee’s,
contractor’s, sub-contractor’s, operator’s and other Liens incidental to the
construction, maintenance, development or operation of any Credit Party’s or
any Related Partnership’s assets or properties to the extent not delinquent (or
which, if delinquent, are being contested in good faith by appropriate
proceedings and for which such Credit Party or such Related Partnership has set
aside on its books adequate reserves in accordance with Agreement Accounting
Principles); (v) all contracts, agreements and instruments, and all
defects and irregularities and other matters affecting any Credit Party’s or
any Related Partnership’s assets and properties which were in existence at the
time such Credit Party’s or such Related Partnership’s assets and properties
were originally acquired by a Credit Party or a Related Partnership and all
routine operational agreements entered into in the ordinary course of business,
which contracts, agreements, instruments, defects, irregularities and other
matters and routine operational agreements are not such as to, individually or
in the aggregate, interfere materially with the operation, value or use of any
Credit Party’s or any Related Partnership’s assets and properties, considered
in the aggregate; (vi) Liens in connection with workmen’s compensation,
unemployment insurance or other social security, old age pension or public
liability obligations; (vii) legal or equitable encumbrances deemed to
exist by reason of the existence of any litigation or other legal proceeding or
arising out of a judgment or award with respect to which an appeal is being
prosecuted in good faith; (viii) rights reserved to or vested in any
municipality, governmental, statutory or other public authority to control or
regulate any Credit Party’s or any Related Partnership’s assets and properties
in any manner, and all applicable laws, rules and orders from any
governmental authority; (ix) other Liens imposed by law, such as carriers’,
warehousemen’s and landlord’s liens and other similar liens arising in the

 2
 

 

 

ordinary
course of business of a Credit Party or a Related Partnership which secures
payment of obligations not more than 60 days past due or which are being
contested in good faith by appropriate proceedings and for which adequate
reserves shall have been set aside on the books of such Credit Party or Related
Partnership; (x) Liens created by or pursuant to this Agreement or the
Collateral Documents; (xi) Liens existing at the date of this Agreement
which have been disclosed to the Lenders on Schedule 1.1(d) hereto;
(xii) Liens to secure Vendor Financings and (xiii) Liens to secure
the Indebtedness permitted pursuant to Section 8.11(vii); provided that,
with respect to this clause (xiii) only, the Property subject to such Liens is
not Property of the Rig Subsidiary.

1.2   Additional Definitions. Article I   of
the Agreement shall be and it hereby is amended by adding the following
definitions in the correct alphabetical order:

“Larclay GP” means
Larclay GP, LLC, a Texas limited liability company.

“Larclay LP” means
Larclay, L.P., a Texas limited partnership.

“Rig
Subsidiary” means a Subsidiary formed after the Third Amendment Effective Date
for the purpose of acquiring, constructing and operating drilling rigs and
related drilling equipment.

“Third Amendment
Effective Date” means June 30, 2006.

1.3   Facility LCs. Section 2.19.1   of
the Agreement shall be and it hereby is amended in its entirety to read as
follows:

2.19.1.   Issuance. The LC
Issuer hereby agrees, on the terms and conditions set forth in this Agreement,
to issue standby and commercial letters of credit (each, a “Facility LC”) and
to renew, extend, increase, decrease or otherwise modify each Facility LC (“Modify,”
and each such action a “Modification”), from time to time from and including
the date of this Agreement and prior to the Facility Termination Date upon the
request of any Borrower Representative; provided that immediately after each
such Facility LC is issued or Modified, (i) the aggregate amount of the
outstanding LC Obligations shall not exceed $25,000,000 and (ii) the
Aggregate Outstanding Credit Exposure shall not exceed the Borrowing Base. No
Facility LC shall have an expiry date later than the earlier of (x) the
fifth Business Day prior to the Facility Termination Date and (y) one year
after its issuance (or in the case of any renewal or extension thereof, one
year after such renewal or extension).

1.4   Borrowing Base. Section 4.1   of
the Agreement shall be and it hereby is amended in its entirety to read as
follows:

4.1.   Borrowing Base. The
aggregate amount of credit available to the Borrowers under this Agreement
shall be limited by a Borrowing Base (herein so called) which shall be
determined by the Lenders at the times and in accordance with the standards and
procedures set forth in this Article IV. Subject to Section 4.2
hereof, during the period from the Third Amendment Effective Date to the first
Determination Date after the Third Amendment Effective Date, the Borrowing Base
shall be $200,000,000.

 3
 

 

 

1.5   Use of Proceeds. Section 8.2   of the Agreement shall be and
it hereby is amended in its entirety to read as follows:

8.2.   Use of Proceeds. The
Borrowers will use the proceeds of the Credit Extensions for (i) financing
the SWR Acquisition, (ii) refinancing the Indebtedness evidenced by the
Existing Credit Agreements, (iii) financing the exploration, development
and/or acquisition of Oil and Gas Interests, related and ancillary pipelines
and related assets, (iv) the acquisition and construction of drilling rigs
and related drilling equipment in an aggregate amount not to exceed $30,000,000
and (v) working capital and other general corporate purposes.

1.6   Indebtedness. Section 8.11   of the Agreement shall be and
it hereby is amended by adding the following as clause (xii) of such section:

(xii)   Indebtedness of CWEI
consisting of an unsecured guarantee of Indebtedness for borrowed money of
Larclay, in an aggregate amount at any time outstanding not to exceed
$19,500,000 (which guaranteed amount shall be determined based on the maximum
committed amount of the Indebtedness so guaranteed).

1.7   Investments in the Rig Subsidiary.   Clause (iv) of Section 8.15 of the Agreement shall be and it hereby is
amended in its entirety to read as follows:

(iv)   Investments by any
Credit Party consisting of intercompany Indebtedness permitted under Section 8.11(v) and
other Investments by any Credit Party in any other Credit Party other than
Capital Stock of any direct or indirect parent of such Credit Party; provided,
that the aggregate amount of Investments made by the Credit Parties, taken as a
whole, in the Rig Subsidiary shall not exceed $30,000,000 in the aggregate.

1.8   Investments and Acquisitions.   Clause (viii) of Section 8.15 of the Agreement shall be and it hereby is
amended in its entirety to read as follows:

(viii)   (a) Prior
to the Third Amendment Effective Date, Investments by CWEI in the Drilling
Venture, including loans, advances or other extensions of credit to Lariat;
provided that the amount of such Investments made pursuant to this clause
(viii)(a) of Section 8.15 does not exceed in the aggregate,
$20,000,000 and the proceeds of such Investments are used by Lariat to make
deposits on drilling rigs and related equipment to be acquired by Larclay or
Larclay’s Subsidiaries and by Larclay or Larclay’s Subsidiaries to acquire,
own, operate and maintain drilling rigs and related equipment or pay
Indebtedness incurred by Larclay in connection with the acquisition ownership,
operation and maintenance of such drilling rigs and related equipment and (b) on
and after the Third Amendment Effective Date, Investments by CWEI in Larclay
provided that the amount of such Investments made pursuant to this clause
(viii)(b) of Section 8.15 does not exceed in the aggregate $3,000,000
at any time (and for the avoidance of doubt, amounts drawn under letters of
credit issued for the account of Larclay and amounts paid under guarantees by
any Credit Party of any Indebtedness of Larclay shall not constitute an
Investment).

1.9   Financial Covenants. Section 8.22   of the Agreement shall be and
it hereby is amended by inserting the following at the end of such section:

 4
 

 

 

For purposes of
determining compliance with the financial covenants set forth in this  Section 8.22, the consolidated accounts
of Larclay shall be excluded.

1.10   Exploratory
Drilling Expenses. Section 8.26
of the Agreement shall be and it hereby is
amended in its entirety to read as follows:

8.26   Reserved.

SECTION 2.   Consent and Reaffirmation of Guarantors. By
their execution hereof, each Guarantor hereby (i) acknowledges receipt of
this Amendment, (ii) consents to the Borrowers’ execution and delivery
hereof; (iii) agrees to be bound hereby; (iv) affirms that nothing
contained therein shall modify in any respect whatsoever its guaranty of the
obligations of the Borrowers to Lenders pursuant to the terms of its Guaranty
in favor of Administrative Agent and the Lenders and (v) reaffirms that
its Guaranty is and shall continue to remain in full force and effect.

SECTION 3.   Conditions. The amendments
to the Agreement contained in Section 1
of this Amendment shall be effective upon the satisfaction of each of the
conditions set forth in this Section 3.

3.1   Execution and Delivery.   Each
Borrower and each Guarantor shall have executed and delivered this Amendment.

3.2   Representations and Warranties.   The
representations and warranties of each Borrower under the Agreement, as amended
by the Amendment are true and correct in all material respects as of such date,
as if then made (except to the extent that such representations and warranties
relate solely to an earlier date).

3.3   No Event of Default.   No
Event of Default shall have occurred and be continuing nor shall any event have
occurred or failed to occur which, with the passage of time or service of
notice, or both, would constitute an Event of Default.

3.4   Upfront Fee.   The
Borrower shall have paid to the Administrative Agent for the ratable benefit of
each Lender, an upfront fee of $400,000, payable in immediately available funds,
which fee has been fully earned and is non-refundable.

3.5   Other Documents.   The
Administrative Agent shall have received such other instruments and documents
incidental and appropriate to the transaction provided for herein as the
Administrative Agent or its special counsel may reasonably request, and all
such documents shall be in form and substance satisfactory to the
Administrative Agent.

SECTION 4.   Representations and Warranties of Borrowers.
To induce the Lenders to enter into this Amendment, the Borrowers hereby
represent and warrant to the Lenders as follows:

4.1   Reaffirmation of Representations and
Warranties/Further Assurances.   After giving
effect to the amendments herein, each representation and warranty of any
Borrower or any Guarantor contained in the Agreement or in any of the other
Loan Documents is true and correct in all material respects on the date hereof
(except to the extent such representations and warranties relate solely to an
earlier date).

 5
 

 

 

4.2   Corporate Authority; No Conflicts.   The
execution, delivery and performance by each Borrower and each Guarantor (to the
extent a party hereto or thereto) of this Amendment and all documents,
instruments and agreements contemplated herein are within each such Borrower’s
or such Guarantor’s corporate or other organizational powers, have been duly
authorized by necessary action, require no action by or in respect of, or
filing with, any court or agency of government and do not violate or constitute
a default under any provision of any applicable law or other agreements binding
upon any Borrower or any Guarantor or result in the creation or imposition of
any Lien upon any of the assets of any Borrower or any Guarantor except for
Permitted Liens and otherwise as permitted in the Agreement.

4.3   Enforceability.   This
Amendment constitutes the valid and binding obligation of each Borrower and
each Guarantor enforceable in accordance with its terms, except as (i) the
enforceability thereof may be limited by bankruptcy, insolvency or similar laws
affecting creditor’s rights generally, and (ii) the availability of
equitable remedies may be limited by equitable principles of general
application.

SECTION 5..   Miscellaneous.

5.1   Reaffirmation of Loan Documents and
Liens.   Any and all of the terms and
provisions of the Agreement and the Loan Documents shall, except as amended and
modified hereby, remain in full force and effect. Each Borrower hereby agrees
that the amendments and modifications herein contained shall in no manner
affect or impair the liabilities, duties and obligations of such Borrower or
any Guarantor under the Agreement and the other Loan Documents or the Liens
securing the payment and performance thereof.

5.2   Parties in Interest.   All
of the terms and provisions of this Amendment shall bind and inure to the
benefit of the parties hereto and their respective successors and assigns.

5.3   Legal Expenses.   The
Borrowers hereby agree, jointly and severally, to pay all reasonable fees and
expenses of counsel to the Administrative Agent incurred by the Administrative
Agent in connection with the preparation, negotiation and execution of this
Amendment and all related documents.

5.4   Counterparts.   This
Amendment may be executed in one or more counterparts and by different parties
hereto in separate counterparts each of which when so executed and delivered
shall be deemed an original, but all such counterparts together shall
constitute but one and the same instrument; signature pages may be
detached from multiple separate counterparts and attached to a single
counterpart so that all signature pages are physically attached to the
same document. However, this Amendment shall bind no party until the Borrowers,
the Guarantors, the Lenders (or at least the requisite percentage thereof), and
the Administrative Agent have executed a counterpart. Delivery of photocopies
of the signature pages to this Amendment by facsimile or electronic mail
shall be effective as delivery of manually executed counterparts of this
Amendment.

5.5   Complete Agreement.   THIS
AMENDMENT, THE AGREEMENT, AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL
AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF
PRIOR,

 6
 

 

 

CONTEMPORANEOUS OR ORAL AGREEMENTS OF THE PARTIES. THERE
ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

5.6   Headings.   The
headings, captions and arrangements used in this Amendment are, unless
specified otherwise, for convenience only and shall not be deemed to limit,
amplify or modify the terms of this Amendment, nor affect the meaning thereof.

[Signature
Pages Follow]

 

 7

 

IN WITNESS WHEREOF,
the parties have caused this Third Amendment to Amended and Restated Credit
Agreement to be duly executed as of the date first above written.

	
   

  	
  BORROWERS:

  
	
   

  	
   

  
	
   

  	
  CLAYTON
  WILLIAMS ENERGY, INC.

  a Delaware corporation

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Vice President and

  General Counsel

  
	
   

  	
   

  
	
   

  	
  SOUTHWEST
  ROYALTIES, INC.

  a Delaware limited liability company

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Vice President

  
	
   

  	
   

  
	
   

  	
  GUARANTORS:

  
	
   

  	
   

  
	
   

  	
  WARRIOR
  GAS CO.

  a Texas corporation

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Secretary

  
	
   

  	
  CWEI
  ACQUISITIONS, INC.

  a Delaware corporation

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Secretary

  
	
   

  	
  ROMERE
  PASS ACQUISITION L.L.C.

  a Delaware limited liability company

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Vice President

  

 

 

 

	
   

  	
  CWEI ROMERE
  PASS ACQUISITION CORP.

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Vice President

  
	
   

  	
   

  
	
   

  	
  BLUE
  HEEL COMPANY

  a Delaware corporation

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Vice President

  
	
   

  	
  TEX-HAL
  PARTNERS, INC.

  a Delaware corporation

  
	
   

  	
  By:

  	
  T. Mark Tisdale

  
	
   

  	
  Mark Tisdale,
  Vice President

  

 

 

 

	
   

  	
  JPMORGAN
  CHASE BANK, N.A.,

  (successor by merger to Bank One, N.A.

  (Illinois)), as Administrative Agent and a Lender

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Wm Mark Cranmer

  
	
  Name: Wm. Mark
  Cranmer

  Title: Senior Vice President

  

 

 

 

	
   

  	
  BANK OF
  SCOTLAND

  as Co-Agent and a Lender

  
	
   

  	
  By:

  	
  Karen Welch

  
	
  Name: Karen
  Welch

  Title: Assistant Vice President

  

 

 

 

	
   

  	
  UNION
  BANK OF CALIFORNIA, N.A.

  as Syndication Agent and a Lender

  
	
   

  	
  By:

  	
  Kimberly Coll

  
	
  Name: Kimberly
  Coll

  Title: Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Alison Fuqua

  
	
  Name: Alison
  Fuqua

  Title: Investment Banking Officer

  

 

 

 

	
   

  	
  BNP
  PARIBAS

  as Documentation Agent and a Lender

  
	
   

  	
  By:

  	
  Polly Schott

  
	
  Name: Polly
  Schott

  Title: Vice President

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Robert Long

  
	
  Name: Robert
  Long

  Title: Vice President

  

 

 

 

	
   

  	
  FORTIS
  CAPITAL CORP.

  as a Lender

  
	
   

  	
  By:

  	
  Darrell Holley

  
	
  Name: Darrell
  Holley

  Title: Managing Director

  
	
   

  	
   

  	
   

  
	
   

  	
  By:

  	
  Casey Lowary

  
	
  Name: Casey
  Lowary

  Title: Senior Vice President

  

 

 

 

	
   

  	
  COMERICA
  BANK

  as a Lender

  
	
   

  	
  By:

  	
  Matthew J. Purchase

  
	
  Name: Matthew J.
  Purchase

  Title: Vice President

  

 

 

 

	
   

  	
  GUARANTY
  BANK

  as a Lender

  
	
   

  	
  By:

  	
  John A. Clark

  
	
  Name: John A.
  Clark

  Title: Senior Vice President

  

 

 

 

	
   

  	
  NATEXIS
  BANQUES POPULAIRES

  as a Lender

  
	
   

  	
  By:

  	
  Timothy L. Polvado

  
	
   

  	
  Name: Timothy L.
  Polvado

  Title: Vice President & Group Manager

  
	
   

  
	
   

  	
  By:

  	
  Daniel Payer

  
	
  Name: Daniel
  Payer

  Title: Vice President

  

 

 

 

	
   

  	
  BANK
  OF TEXAS, N.A.

  as a Lender

  
	
   

  	
  By:

  	
  J. Michael Delbridge

  
	
  Name: J. Michael
  Delbridge

  Title: Senior Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00106-of-00352.parquet"}]]