Document:

Exhibit 10.1

 

SECOND AMENDMENT TO CREDIT AGREEMENT

 

This SECOND AMENDMENT TO
CREDIT AGREEMENT (this “Amendment”) is entered into effective as of July 25, 2017, between ENBRIDGE
ENERGY PARTNERS, L.P., a Delaware limited partnership, as borrower (the “Borrower”), and ENBRIDGE
(U.S.) INC., as lender (in such capacity, the “Lender”).

 

WHEREAS, the Borrower and
the Lender are parties to that certain Credit Agreement dated as of July 26, 2016 (as amended, restated, or otherwise modified
from time to time, the “Credit Agreement”).

 

WHEREAS, Borrower has requested
to amend the maturity date of the Credit Agreement.

 

WHEREAS, subject to the
terms and conditions set forth herein, the parties hereto are willing to agree to amend the Credit Agreement as set forth in Section
2 below.

 

NOW, THEREFORE, for good
and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

SECTION 1.          Definitions.
Unless otherwise defined in this Amendment, terms used in this Amendment which are defined in the Credit Agreement shall have the
meanings assigned to such terms in the Credit Agreement. The interpretive provisions set forth in Section 1.02 of the Credit
Agreement shall apply to this Amendment.

 

SECTION 2.          Amendments
to the Credit Agreement. The Credit Agreement is amended as follows, effective as of the Effective Date (as defined in Section
3 below).

 

		(a)	Amendment to Section 1.1 (Defined Terms).
The definition of “Revolving Credit Commitment Termination Date” Section 1.1 of the Credit Agreement is amended
and restated in its entirety as follows:

 

“Revolving Credit Commitment
Termination Date” means July 24, 2018 or such later date (in one or more 364-day extensions) as may be agreed to by the Lender
from time to time in its sole discretion.

 

SECTION 3.          Conditions
to Effectiveness. This Amendment shall be effective as of the date on which the following conditions has been satisfied (the
“Effective Date”):

 

		(a)	the Lender has received a counterpart of this Amendment
executed by the Borrower (which may be by telecopy or other electronic transmission).

 

SECTION 4.          Representations
and Warranties. As a material inducement to the Lender to execute and deliver this Amendment, the Borrower represents and warrants
to the Lender that as of the Effective Date, both immediately before and after giving effect to this Amendment, that:

 

(a)          This
Amendment has been duly authorized, executed, and delivered by the Borrower and the Credit Agreement as amended hereby constitutes
its legal, valid, and binding obligations enforceable against it in accordance with their respective terms (subject, as to the
enforcement of remedies, to applicable bankruptcy, reorganization, insolvency, moratorium, and similar laws affecting creditors’
rights generally and to general principles of equity).

 

     

     

    

 

(b)          The
representations and warranties set forth in Article V of the Credit Agreement are true and correct in all material respects
on and as of the Effective Date, after giving effect to this Amendment, except to the extent such representations and warranties
relate solely to an earlier date, in which case, they shall be true and correct as of such date.

 

(c)          As
of the date hereof, at the time of and immediately after giving effect to this Amendment, no Default or Event of Default has occurred
and is continuing.

 

(d)          No
approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority is required
to be obtained or made by the Borrower by any material statutory law or regulation applicable to it as a condition to the execution,
delivery or performance by, or enforcement against, the Borrower of this Amendment. The execution, delivery, and performance by
the Borrower of this Amendment has been duly authorized by all necessary corporate or other organizational action, and does not
and will not (i) violate the terms of any of the Borrower’s Organization Documents, (ii) result in any breach of, constitute
a default under, or require pursuant to the express provisions thereof, the creation of any consensual Lien on the properties of
the Borrower under, any Contractual Obligation to which the Borrower is a party or any order, injunction, writ or decree of any
Governmental Authority to which the Borrower or its property is subject, or (iii) violate any Law, in each case with respect to
the preceding clauses (i) through (iii), which would reasonably be expected to have a Material Adverse
Effect.

 

SECTION 6.          Effect;
Affirmation and Ratification of Loan Documents. This Amendment (a) except as expressly provided herein, shall not be deemed
to be a consent to the modification or waiver of any other term or condition of the Credit Agreement or of any of the instruments
or agreements referred to therein and does not constitute a waiver of compliance or consent to noncompliance by the Borrower with
respect to the terms, provisions, conditions and covenants of the Credit Agreement and (b) shall not prejudice any right or rights
which the Lender may now have under or in connection with the Credit Agreement, as amended by this Amendment. Except as otherwise
expressly provided by this Amendment, all of the terms, conditions and provisions of the Credit Agreement and the other Loan Documents
shall remain the same, including, without limitation, all of the Borrower’s obligations and covenants under each Loan
Document. It is declared and agreed by each of the parties hereto that the Credit Agreement, as amended hereby, and the other
Loan Documents, from and after the Effective Date, shall continue in full force and effect and are hereby ratified and confirmed
in all respects, and that this Amendment and such Credit Agreement shall be read and construed as one instrument. The Borrower
represents and acknowledges that it has no claims, counterclaims, offsets, credits or defenses to the Loan Documents or the performance
of its obligations thereunder. From and after the Effective Date, each reference in the Credit Agreement, including the schedules
and exhibits thereto and the other documents delivered in connection therewith, to the “Credit Agreement,” “this
Agreement,” “hereunder,” “hereof,” “herein,” or words of like import, shall mean and
be a reference to the Credit Agreement as amended hereby, respectively.

 

SECTION 7.          Miscellaneous.
This Amendment shall for all purposes be construed in accordance with and governed by the laws of the State of New York and applicable
federal law. The captions in this Amendment are for convenience of reference only and shall not define or limit the provisions
hereof. This Amendment may be executed in separate counterparts, each of which when so executed and delivered shall be an original,
but all of which together shall constitute one instrument. In proving this Amendment, it shall not be necessary to produce or account
for more than one such counterpart. Delivery of an executed counterpart of this Amendment by facsimile or in electronic form shall
be effective as the delivery of a manually executed counterpart. This Amendment shall be a “Loan Document” as defined
in the Credit Agreement.

 

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SECTION 8.          Entire
Agreement. THE CREDIT AGREEMENT (AS AMENDED BY THIS AMENDMENT) AND THE OTHER LOAN DOCUMENTS REPRESENT THE FINAL AGREEMENT BETWEEN
THE PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE
ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.

 

[SIGNATURES BEGIN ON NEXT PAGE]

 

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IN WITNESS WHEREOF, the
parties hereto have caused this Amendment to be duly executed and delivered by their proper and duly authorized officers effective
as of the date and year first above written.

 

	 	ENBRIDGE ENERGY PARTNERS, L.P., 
	 	a Delaware limited partnership, as Borrower
	 	 	 	 
	 	By:	ENBRIDGE ENERGY MANAGEMENT, 
	 	 	L.L.C., as delegate of Enbridge Energy Company, Inc., its General Partner
	 	 	 	 
	 	 	By:	/s/ Wanda Opheim
	 	 	 	Name: Wanda Opheim 
	 	 	 	Title: Treasurer

 

[SIGNATURE PAGE TO

SECOND AMENDMENT TO CREDIT AGREEMENT]

 

     

     

    

 

	
        
	ENBRIDGE (U.S.) INC., as Lender
	 	 	 
	 	By:	/s/ Wanda Opheim
	 	 	Name: Wanda Opheim 
	 	 	Title: Treasurer

 

[SIGNATURE PAGE TO

SECOND AMENDMENT TO CREDIT AGREEMENT]Exhibit 10.1

 

ESCROW
AGREEMENT

 

ESCROW
AGREEMENT (this “Agreement”) dated July 24, 2017 by and among Harmony Merger Corp., a Delaware corporation
(“Harmony”), York Credit Opportunities Fund, L.P., a Delaware limited partnership (the “Representative”),
in its capacity as the representative of the Owners (defined below), Eric Rosenfeld and David Sgro, acting collectively as the
committee representing the interests of Harmony (the “Committee”) and Continental Stock Transfer & Trust
Company, a New York corporation, as escrow agent (the “Escrow Agent”).

 

Harmony,
Harmony Merger Sub, LLC, a Delaware limited liability company (“Merger Sub”), NextDecade, LLC, a Delaware limited
liability company (the “Company”), and the other signatories party thereto, have entered into that certain
Agreement and Plan of Merger dated as of April 17, 2017 (as amended, modified, supplemented or restated from time to time, the
“Merger Agreement”; capitalized terms used but not defined in this Agreement shall have the meanings given
to them in the Merger Agreement), pursuant to which (i) the Blocker Companies have merged with and into Harmony, with Harmony
surviving and (ii) Merger Sub has merged with and into the Company, with the Company surviving as a wholly-owned subsidiary of
Harmony and Harmony has issued shares of Harmony common stock, par value $0.0001 per share (“Harmony Shares”),
to the former Blocker Owners and the former Members of the Company (such former Members together with all Permitted Transferees
(as defined below) of such former Members, the “Owners”) as consideration for their Blocker Membership Interests
and Company Membership Interests, respectively.

 

Pursuant
to Section 2.9(a) of the Merger Agreement, the Committee has been appointed by the board of directors of Harmony to
take all necessary actions and make all decisions on behalf of Harmony for purposes of this Agreement. Pursuant to Section 2.9(b)
of the Merger Agreement, the Representative has been designated by the Owners to take all actions and make all determinations
on behalf of the Owners for purposes of this Agreement.

 

Pursuant
to the Merger Agreement, the parties desire to, and have agreed to, establish an escrow fund as the sole remedy for the indemnification
obligations set forth in Article IX of the Merger Agreement.

 

In
consideration of the foregoing and of the mutual covenants hereinafter set forth, the parties hereto agree as follows:

 

1.            Appointment. Harmony, the Committee and the Representative hereby appoint the Escrow Agent as their escrow agent for the
purposes set forth herein, and the Escrow Agent hereby agrees to act as escrow agent and to hold, safeguard and disburse the Escrow
Fund (defined below) pursuant to the terms and conditions hereof. It shall treat the Escrow Fund as a trust fund in accordance
with the terms of this Agreement and not as the property of Harmony. The Escrow Agent’s duties hereunder shall terminate
upon its distribution of the entire Escrow Fund in accordance with this Agreement.

 

2.            Escrow Fund. Pursuant to Section 2.8 of the Merger Agreement, Harmony is delivering, or causing to be delivered,
to the Escrow Agent, 2,954,712 Harmony Shares, subject to the terms and conditions of the Merger Agreement, which shall be allocated
among the Owners in accordance with the allocation set forth on Schedule 2 attached hereto
(the “Escrow Amount”). The Escrow Amount is being delivered to the Escrow Agent together with five (5)
share powers from each Owner separate from the share certificates executed in blank by each such Owner with signature medallion
guaranteed (or in lieu of such share powers being medallion guaranteed, accompanied by an appropriate waiver form addressed to
the Escrow Agent). The Harmony Shares delivered to the Escrow Agent pursuant to this Section 2 are herein referred to in
the aggregate as the “Escrow Fund.” The Escrow Fund shall represent the sole remedy of Harmony and any Indemnified
Party for Indemnification Claims (defined below). The Escrow Agent shall maintain a separate account for each Owner’s portion
of the Escrow Fund.

 

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3.            Ownership and Rights with Respect to the Escrow Fund.

 

(a)          Except as herein provided, the Owners shall be entitled to exercise all of their rights as stockholders of Harmony with respect
to Harmony Shares constituting the Escrow Fund during the Escrow Period, including, without limitation, the right to vote their
Harmony Shares included in the Escrow Fund. The “Escrow Period” shall mean the period of time from and after
the Closing and continuing until the later of (i) the date that is one (1) year after the Closing, and (ii) the date of the release
of any Harmony Shares in the Pending Claims Reserve provided in Section 5 hereunder.

 

(b)          During the Escrow Period, all dividends payable in cash with respect to Harmony Shares included in the Escrow Fund shall be paid
to the Owners, but all dividends payable in stock or other non-cash property (“Non-Cash Dividends”) shall be
delivered to the Escrow Agent to hold in accordance with the terms hereof. As used herein, the term “Escrow Fund”
shall be deemed to include the Non-Cash Dividends distributed thereon, if any.

 

(c)          During the Escrow Period, no sale, transfer or other disposition may be made of any or all Harmony Shares in the Escrow Fund except
(i) to a “Permitted Transferee” (as hereinafter defined), (ii) by virtue of the
laws of descent and distribution upon death of any Owner, or (iii) pursuant to a qualified domestic relations order (each
such transfer a “Permitted Transfer”); provided, however, that such Permitted Transfers may be implemented
only upon the respective transferee’s written agreement to be bound by the terms and conditions of this Agreement. As used
in this Agreement, the term “Permitted Transferee” shall include: (1) members
of an Owner’s “Immediate Family” (as hereinafter defined); (2) an
entity in which (A) an Owner and/or members of an Owner’s Immediate Family beneficially
own 100% of such entity’s voting and non-voting equity securities, or (B) an Owner and/or
a member of such Owner’s Immediate Family is a general partner and in which such Owner and/or members of such Owner’s
Immediate Family beneficially own 100% of all capital accounts of such entity; (3) a
revocable trust established by an Owner during his or her lifetime for the benefit of such Owner or for the exclusive benefit
of all or any member of such Owner’s Immediate Family; and (4) any Affiliate. As used in
this Agreement, the term “Immediate Family” means, with respect to any Owner, a spouse, parent, lineal descendants,
the spouse of any lineal descendant, and brothers and sisters (or a trust, all of whose current beneficiaries are members of an
Immediate Family of the Owner). As used in this Agreement, “Affiliate” means, as applied to any Person, any
other Person directly or indirectly controlling, controlled by or under direct or indirect common control with, such Person. For
purposes of this definition, “control” (including with correlative meanings, the terms “controlling,”
“controlled by” and “under common control with”), as applied to any Person, means the possession, directly
or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through the
ownership of voting securities, by contract or otherwise. As used in this Agreement, “Person” means any individual,
corporation (including any non-profit corporation), general partnership, limited partnership, limited liability partnership, joint
venture, estate, trust, company (including any limited liability company or joint stock company), firm or other enterprise, association,
organization, entity or governmental entity. Upon receipt of an agreement to be bound by the terms and conditions of this Agreement
as required above, the Escrow Agent shall deliver to Harmony’s transfer agent the original share certificate out of which
the assigned shares are to be transferred, and shall request that Harmony issue new certificates representing (x) the
number of shares, if any, that continue to be owned by the transferring Owner, and (y) the number
of shares owned by the Permitted Transferee as the result of such transfer, each of which shall be returned to the Escrow Fund
hereunder until the expiration of the Escrow Period. Harmony, the transferring Owner and the Permitted Transferee shall cooperate
in all respects with the Escrow Agent in documenting each such transfer and in effectuating the result intended to be accomplished
thereby. During the Escrow Period, no Owner shall pledge or grant a security interest in such Owner’s Harmony Shares included
in the Escrow Fund or grant a security interest in such Owner’s rights under this Agreement.

 

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4.            Indemnification Claims.

 

(a)          Established Claims.

 

(i)            If, at any time on or before the end of the Escrow Period, any Parent Indemnitee (as defined in the Merger Agreement) is entitled
to make a claim for indemnification pursuant to Article IX of the Merger Agreement (an “Indemnification Claim”),
after fully complying with the procedures and obligations required therein, the Committee may deliver written notice to the Representative
(each a “Notice”), with a copy to the Escrow Agent, that contains (i) a description,
in reasonable detail, of the nature of the Indemnification Claim, (ii) the total amount of the actual out-of-pocket Loss
or the anticipated potential Loss (including any costs or expenses, along with the method of calculation thereof, which have been
or may be reasonably incurred in connection therewith), (iii) whether such Loss may be covered (in whole or in part) under
any insurance or contractual indemnification rights or other reimbursement arrangements and the estimated amount of such Loss
which may be covered under such insurance or contractual indemnification rights or other reimbursement arrangements, and (iv) the
basis of the Committee’s request for indemnification under the Merger Agreement in reasonable detail, including a reference
to the specific provision of the Merger Agreement alleged to have been breached, and, if applicable, noting that such Indemnification
Claim is a Blocker Claim (as defined below). Each such Notice will request that the Escrow Agent distribute all or a portion of
the Escrow Fund (the “Distribution Request Amount”) to Harmony in satisfaction of the amount of such Indemnification
Claim, subject to the limitations, procedures and obligations required by Article IX of the Merger Agreement, together with a
copy of any other documentation required pursuant to the terms of the Merger Agreement.

 

(ii)           If the Representative provides a notice to the Committee (with a copy to the Escrow Agent) (a “Counter Notice”),
within thirty (30) days following the date of the Notice (such thirty (30)-day period, the “Representative
Review Period”), disputing all or a portion of the matters or amounts described in the Notice, the Representative and
the Committee shall attempt to resolve such dispute by voluntary settlement as provided in Section 4(b) below. If
no Counter Notice with respect to an Indemnification Claim is received by the Escrow Agent from the Committee within the Representative
Review Period, then the Distribution Request Amount in the Indemnification Claim shall be deemed to be an Established Claim (defined
below) for purposes of this Agreement and if a Counter Notice is delivered disputing only a portion of the matters or amounts
described in the Notice, the undisputed portion of the Distribution Request Amount pertaining to such Indemnification Claim shall
be deemed to be an Established Claim.

 

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(iii)          As used in this Agreement, “Established Claim” means any (i) portion of any
Distribution Request Amount that is not disputed pursuant to Section 4(a)(ii) above, (ii) portion of any Distribution
Request Amount that is resolved by mutual resolution pursuant to Sections 4(b)(i) and (ii), resulting in an
award to Harmony, or (iii) portion of any Distribution Request Amount that has been sustained by a final determination (after
exhaustion of any appeals) of a court of competent jurisdiction. Notwithstanding anything herein to the contrary, each Indemnification
Claim shall be subject to the limitations, procedures and obligations set forth in Article IX of the Merger Agreement,
and no portion of any Indemnification Claim may be deemed to be an Established Claim or otherwise payable under Article IX
of the Merger Agreement unless and until the aggregate amount of all indemnifiable Losses under Section 9.4(d)
of the Merger Agreement exceeds the Deductible, in which event the Distribution Request Amount of such Indemnity Claim must
only include Losses incurred in excess of such Deductible. The Owners’ aggregate liability for Losses shall not in any event
exceed the value of the Escrow Fund.

 

(iv)          Promptly after any portion of an Indemnification Claim becomes an Established Claim, the Representative and the Committee shall
jointly deliver a notice to the Escrow Agent (a “Joint Notice”) directing the Escrow Agent to pay to Harmony,
and the Escrow Agent, upon receipt of the Joint Notice, promptly shall deliver to Harmony, the number of Harmony Shares from the
Escrow Fund (such Harmony Shares to be delivered pursuant to the Joint Notice, “Escrow Shares”), subject to
the provisions of Sections 4(a)(v) and (vi) below, with a value equal to (subject to satisfaction of the Deductible
described in Section 4(a)(iii) above) the dollar amount of the Distribution Request Amount comprising the Established Claim
(or, if at such time there remains in the Escrow Fund less than the full amount so payable, the full amount remaining in the Escrow
Fund); provided, that any Established Claim relating to (i) the inaccuracy or breach of any representation or warranty of a Blocker
Entity contained in Article III of the Merger Agreement or (ii) the non-fulfillment or breach of any covenant or agreement contained
in Section 6.3 thereof (each, a “Blocker Claim”), shall be indemnifiable solely by recourse to the proportionate
share of the Escrow Shares from each account maintained on behalf of each Blocker Owner affiliated with the relevant Blocker Entity.

 

(v)           Payment of an Established Claim shall be made from the Escrow Fund in an amount of Escrow Shares pro rata from each account maintained
on behalf of each Owner, provided, that, Established Claims described in the proviso of the preceding paragraph shall be indemnifiable
solely by recourse to the proportionate share of the Escrow Shares from each account maintained on behalf of each Blocker Owner
affiliated with the relevant Blocker Entity. For purposes of each payment, such Escrow Shares shall be valued at $10.218 per share.
The Escrow Agent shall transfer to Harmony out of the Escrow Fund that number of Escrow Shares necessary to satisfy each Established
Claim, as set out in the Joint Notice. Each transfer of Escrow Shares in satisfaction of an Established Claim shall be made by
the Escrow Agent delivering to Harmony’s transfer agent one or more stock certificates held in each applicable Owner’s
account evidencing not less than such Owner’s pro rata portion of the aggregate number of Escrow Shares specified in the
Joint Notice, together with share powers separate from certificate executed in blank by such Owner and completed by the Escrow
Agent in accordance with instructions included in the Joint Notice, and receiving in return new certificates representing the
number of Escrow Shares owned by each such Owner after such payment. The parties hereto (other than the Escrow Agent) agree that
the foregoing right to make payments of Established Claims in Escrow Shares may be made notwithstanding any other agreements restricting
or limiting the ability of any Owner to sell any Escrow Shares or otherwise. The Representative and the Committee will exercise
utmost good faith in all matters relating to the preparation and delivery of each Joint Notice.

 

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(vi)          Notwithstanding anything herein to the contrary, at such time as any portion of an Indemnification Claim has become an Established
Claim, the Owners shall have the right to substitute for the Escrow Shares that otherwise would be paid in satisfaction of such
claim cash in an amount equal to the number of such Escrow Shares multiplied by $10.218 (“Substituted Cash”).
In such event (i) the Joint Notice shall include a statement describing the substitution of Substituted
Cash for such Escrow Shares, and (ii) substantially contemporaneously with the delivery of such Joint Notice, the Owners
shall cause currently available funds to be delivered to the Escrow Agent in an amount equal to the Substituted Cash. Upon receipt
of such Joint Notice and Substituted Cash, the Escrow Agent shall confirm receipt to the Representative and the Committee and
(x) in payment of the Established Claim described in the Joint Notice, deliver the Substituted
Cash to Harmony in lieu of any Escrow Shares, and (y) cause the Escrow Shares related to the
Substituted Cash to be delivered to the Owners in book-entry form (to the extent possible).

 

(b)          Disputed Claims. If a Counter Notice is delivered by the Representative within the Representative Review Period, then:

 

(i)            for the sixty (60)-day period immediately following the date of such notice, the Representative and
the Committee shall attempt to resolve such dispute by consultation and negotiation with each other before taking any other action;
and

 

(ii)           if the Representative and the Committee are unable to reach a settlement with respect to a dispute, such dispute shall be resolved
in accordance with Section 11 hereof.

 

5.            Scheduled Distributions of Escrow Fund.

 

(a)          On the first business day after the date that is one (1) year after the Closing, the Escrow Agent shall, upon receipt of a Joint
Notice, distribute and deliver to each Owner certificates representing the Harmony Shares then in such Owner’s account in
the Escrow Fund equal to the original number of Harmony Shares placed in such Owner’s account less the sum of (i) the
number of Escrow Shares applied in satisfaction of Indemnification Claims made prior to the Escrow Termination Date and (ii) the
number of Escrow Shares in the Pending Claims Reserve allocated to such Owner’s account, in book-entry form (to the extent
possible), as provided in the following sentence; provided, that to the extent that any Escrow Shares have previously been released
to Parent in satisfaction of any Blocker Claims, then the proportionate share of the Blocker Owner or the Blocker Owners affiliated
with such Blocker Entity shall be reduced accordingly. If, at such time, there are any Indemnification Claims with respect to
which Notices have been received but which have not been resolved pursuant to Section 4 hereof, a final determination
(after exhaustion of any appeals) by a court of competent jurisdiction, as the case may be (in either case, “Pending
Claims”), and which, if resolved or finally determined in favor of Harmony, would result in a payment of Escrow Shares
to Harmony, the Escrow Agent shall retain in the Pending Claims Reserve that number of Escrow Shares having a value equal to the
Distribution Request Amount for such Indemnification Claims, allocated pro rata from the account maintained on behalf of each
Owner. Thereafter, if any Pending Claim becomes an Established Claim, the Representative and Harmony shall deliver to the Escrow
Agent a Joint Notice directing the Escrow Agent to deliver to Harmony the number of Escrow Shares in the Pending Claims Reserve
in respect thereof determined in accordance with Section 4(a)(iii) above and to deliver to each Owner the remaining Escrow
Shares in the Pending Claims Reserve allocated to such Pending Claim, all as specified in the Joint Notice. If any Pending Claim
is resolved without resulting in an Established Claim, the Representative and the Committee shall deliver to the Escrow Agent
a Joint Notice directing the Escrow Agent to pay to each Owner its pro rata portion of the number of Escrow Shares allocated to
such Pending Claim in the Pending Claims Reserve.

 

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(b)          As used herein, the “Pending Claims Reserve” shall mean, at the time any such determination is made, that number
of Harmony Shares in the Escrow Fund having a value equal to the sum of the aggregate Distribution Request Amounts claimed with
respect to all Pending Claims (as shown in the Notices of such Claims), subject to the Deductible described in Section 4(a)(iii)
above and Article IX of the Merger Agreement.

 

(c)          The Escrow Agent, the Representative and the Committee shall cooperate in all respects with one another in the calculation of
any amounts determined to be payable to Harmony and the Owners in accordance with this Agreement and in implementing the procedures
necessary to effect such payments.

 

(d)          Notwithstanding anything to the contrary herein, any portion or all of the Escrow Fund shall be promptly (but in any event within
three (3) business days) released and distributed to the Owners, allocated among the Owners in accordance with the allocation
set forth on Schedule 2 attached hereto, (i) pursuant to a Joint
Notice delivered to the Escrow Agent or (ii) upon the Escrow Agent receiving a certified copy of a final non-appealable award,
judgment or order issued by a court of competent jurisdiction relating to such claim (a “Judgment”) directing
delivery of all or a portion of the Escrow Amount, as applicable, along with payment delivery instructions (and that the Escrow
Agent should disburse all or a portion of the Escrow Amount, as applicable, as provided in such Judgment); provided, that to the
extent any Escrow Shares have, prior to the Escrow Termination Date been released to Parent in satisfaction of any Blocker Claim,
then the proportionate share of the Blocker Owner or the Blocker Owners affiliated with such Blocker Entity shall be reduced accordingly.

 

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6.            Escrow Agent.

 

(a)          The Escrow Agent undertakes to perform only such duties as are expressly set forth herein. It is understood that the Escrow Agent
is not a trustee or fiduciary and is acting hereunder merely in a ministerial capacity.

 

(b)          In the event of any conflict between the terms and provisions of this Agreement, those of the Merger Agreement, any schedule or
exhibit attached to this Agreement, or any other agreement between the parties, the terms and provisions of the Merger Agreement
shall control; provided, that, notwithstanding the terms of any other agreement between the parties, the terms and conditions
of this Agreement shall control the actions of the Escrow Agent.

 

(c)          The Escrow Agent shall not be liable for any action taken or omitted by it in good faith and in the exercise of its own best judgment,
and may rely conclusively and shall be protected in acting upon any order, notice, demand, certificate, opinion or advice of counsel
(including counsel chosen by the Escrow Agent), statement, instrument, report or other paper or document (not only as to its due
execution and the validity and effectiveness of its provisions, but also as the truth and acceptability of any information therein
contained) which is reasonably believed by the Escrow Agent to be genuine and to be signed or presented by the proper person or
persons. The Escrow Agent shall not be bound by any notice or demand, or any waiver, modification, termination or rescission of
this Agreement unless evidenced by a writing delivered to the Escrow Agent signed by the proper party or parties and, if the duties
or rights of the Escrow Agent are affected, unless it shall have given its prior written consent thereto.

 

(d)          The Escrow Agent’s sole responsibility upon receipt of any notice requiring any payment to Harmony or the Owners pursuant
to the terms of this Agreement or, if such notice is disputed by the Representative or the Committee the settlement with respect
to any such dispute, whether by virtue of joint resolution, arbitration or determination of a court of competent jurisdiction,
is to pay to Harmony or the Owners, as applicable, the amount specified in such notice, and the Escrow Agent shall have no duty
to determine the validity, authenticity or enforceability of any specification or certification made in such notice.

 

(e)          The Escrow Agent shall not be liable for any action taken by it in good faith and believed by it to be authorized or within the
rights or powers conferred upon it by this Agreement, other than actions which have been finally adjudicated by a court of competent
jurisdiction to constitute willful misconduct or gross negligence, and may consult with counsel of its own choice and shall have
full and complete authorization and indemnification under Section 8, below, for any action taken or suffered by it hereunder
in good faith and in accordance with the opinion of such counsel unless such actions have been finally adjudicated by a court
of competent jurisdiction to constitute willful misconduct or gross negligence.

 

(f)           This Agreement expressly sets forth all the duties of the Escrow Agent with respect to any and all matters pertinent hereto. No
implied duties or obligations shall be read into this Agreement against the Escrow Agent. The Escrow Agent shall not be bound
by the provisions of any agreement among the parties hereto except this Agreement and shall have no duty to inquire into the terms
and conditions of any agreement made or entered into in connection with this Agreement, including, without limitation, the Merger
Agreement.

 

    	 	7	 

     

    

 

7.            Resignation; Succession.

 

(a)          The Escrow Agent may resign at any time and be discharged from its duties as escrow agent hereunder by its giving the other parties
hereto thirty (30) days prior written notice and such resignation shall become effective as hereinafter provided. Such resignation
shall become effective at such time that the Escrow Agent shall turn over the Escrow Fund to a successor escrow agent appointed
jointly by the Representative and the Committee. If no new escrow agent is so appointed within the sixty
(60)-day period following the giving of such notice of resignation, the Escrow Agent may deposit the Escrow Fund with any court
it reasonably deems appropriate.

 

(b)          The parties may remove the Escrow Agent at any time and for any reason (or for no reason) and the Escrow Agent shall resign and
be discharged from its duties as escrow agent hereunder if so requested in writing at any time, jointly; provided, however, that
such resignation shall become effective only upon the joint agreement and acceptance by the Representative and the Committee of
the appointment of a successor escrow agent as provided in this Section 7.

 

8.            Indemnification and Reimbursement. The Escrow Agent shall be indemnified and held harmless by Harmony from and against
any expenses, including reasonable and documented counsel fees and disbursements, or loss suffered by the Escrow Agent in connection
with any action, suit or other proceeding involving any claim that arises out of or relates to this Agreement, the services of
the Escrow Agent hereunder, or the Escrow Fund held by it hereunder, other than expenses or losses arising from the gross negligence
or willful misconduct of the Escrow Agent. Promptly after the receipt by the Escrow Agent of notice of any demand or claim or
the commencement of any action, suit or proceeding, the Escrow Agent shall notify the other parties hereto in writing. In the
event of the receipt of such notice, the Escrow Agent, in its sole discretion, may commence an action in the nature of interpleader
in any state or federal court located in the Borough of Manhattan, State of New York. Notwithstanding anything herein to the contrary,
the Escrow Agent shall not be relieved from liability hereunder for its own gross negligence or its own willful misconduct. The
Parties agree that no payment by Harmony of any claim by the Escrow Agent for indemnification hereunder shall impair, limit, modify,
or affect, the respective rights and obligations of the Representative, Harmony and the Committee under this Agreement.

 

9.            Compensation. The Escrow Agent shall be entitled to reasonable compensation from Harmony for all services rendered by it
hereunder. The Escrow Agent shall also be entitled to reimbursement from Harmony for all expenses paid or incurred by it in the
administration of its duties hereunder including, but not limited to, all counsel, advisors’ and agents’ fees and
disbursements and all taxes or other governmental charges.

 

10.          From time to time on and after the date hereof, the Representative, the Committee and Harmony shall deliver or cause to be delivered
to the Escrow Agent such further documents and instruments and shall do or cause to be done such further acts as the Escrow Agent
shall reasonably request to carry out more effectively the provisions and purposes of this Agreement, to evidence compliance herewith
or to assure itself that it is protected in acting hereunder.

 

    	 	8	 

     

    

 

11.          Disputes. All disputes arising under this Agreement between Harmony and the Committee and the Representative, including
a dispute arising from a party’s failure or refusal to sign a Joint Notice, shall be resolved in the same manner as disputes
under the Merger Agreement are to be resolved, unless otherwise provided for herein.

 

12.          Notices. All notices and other communications hereunder shall be in writing and shall be deemed given if delivered personally
or by commercial delivery service, or sent via email or telecopy to the Parties at the following addresses or telecopy numbers
(or at such other address or telecopy numbers for a Party as shall be specified by like notice):

 

(a)           If to Harmony, to it at:

 

Harmony
Merger Corp.

777 Third Avenue, 37th Floor

New York NY 10017

Attention: Eric Rosenfeld

Telephone: (212) 319-7676

Telecopy: (212) 319-0760

E-mail: erosenfeld@crescendopartners.com

 

with
a copy to:

Graubard Miller

The Chrysler Building

405 Lexington Avenue

New York, New York 10174-1901

Attention: David Alan Miller, Esq. / Jeffrey M. Gallant, Esq.

Telephone: (212) 818-8880

Telecopy: (212) 818-8881

Email: dmiller@graubard.com / jgallant@graubard.com

 

(b)           If to the Representative, to it at:

 

York
Credit Opportunities Fund, L.P.

c/o York Capital Management

767 Fifth Avenue, 17th Floor

New York, NY 10153

Attention: General Counsel

 

with
copies to:

Weil, Gotshal & Manges LLP

767 5th Avenue

New York, NY 10153

Attention:Jaclyn L. Cohen

Fax: (212) 310-8007

E-mail:jackie.cohen@weil.com

 

    	 	9	 

     

    

 

King
& Spalding LLP

1100 Louisiana Suite 4000 

Houston,
TX 77002

Attention: Kenneth S Culotta; Jeffery K. Malonson

Telephone: (713) 276-7374 / (713) 751-3275

Telecopy: (713) 751 3290

Email: kculotta@kslaw.com; jmalonson@kslaw.com

 

(c)           If to the Escrow Agent, to it at:

 

Continental
Stock Transfer & Trust Company

17 Battery Place

New York, New York 10004

Attention: Mark Zimkind

Fax: 212-509-5150

 

(d)         or to such other person or address as any of the parties hereto shall specify by notice in writing to all the other parties hereto.

 

(e)          If this Agreement requires a party to deliver any notice or other document, and such party refuses to do so, the matter shall
be submitted for resolution pursuant to Section 11 of this Agreement.

 

13.             
Miscellaneous.

 

(a)          This Agreement cannot be changed or terminated except by a writing signed by Harmony, the Committee, the Representative and the
Escrow Agent.

 

(b)          This Agreement shall inure to the benefit of and be binding upon the parties and their respective heirs, successors, assigns and
legal representatives shall be governed by and construed in accordance with the law of New York applicable to contracts made and
to be performed therein.

 

(c)          Each of the Representative, Harmony, the Committee and the Escrow Agent irrevocably waives any objection on the grounds of venue,
forum non-conveniens or any similar grounds and irrevocably consents to service of process by mail or in any other manner permitted
by applicable law and consents to the jurisdiction of the courts located in the Borough of Manhattan, State of New York.

 

(d)          Each of the parties will be entitled to an injunction, restraining order or other equitable relief to prevent breaches of the
provisions of this Agreement by the other party and to enforce specifically the terms and provisions hereof, without proof of
actual damages or any requirement to post a bond, in any court of competent jurisdiction in the United States or any state thereof,
in addition to any other remedy to which it may be entitled at law or equity.

 

(e)          This Agreement and any joint written instructions from the parties may be executed in one or more counterparts, each of which
shall be deemed an original, but all of which together shall constitute one and the same instrument or instruction, as applicable.
All signatures of the parties to this Agreement may be transmitted by facsimile or portable document format (.pdf) signature pages,
and such facsimile or portable document format (.pdf) signature pages will, for all purposes, be deemed to be the original signature
of such party whose signature it reproduces, and will be binding upon such party.

 

    	 	10	 

     

    

 

(f)           If any provision of this Agreement is determined to be prohibited or unenforceable by reason of any applicable law of a jurisdiction,
then such provision shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without
invalidating the remaining provisions thereof, and any such prohibition or unenforceability in such jurisdiction shall not invalidate
or render unenforceable such provisions in any other jurisdiction.

 

(g)          Waiver of Jury Trial. EACH OF THE REPRESENTATIVE, HARMONY, THE COMMITTEE AND THE ESCROW AGENT WAIVES ITS RESPECTIVE RIGHTS
TO A TRIAL BY JURY OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF OR RELATED TO THIS AGREEMENT IN ANY ACTION, PROCEEDING
OR OTHER LITIGATION OF ANY TYPE RESPECTING ANY MATTER ARISING UNDER THIS AGREEMENT.

 

[Signature
page follows.]

 

    	 	11	 

     

    

 

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

 

	 	HARMONY
    MERGER CORP.
	 	 
	 	By:	/s/
    Eric S. Rosenfeld
	 	 	Name:
    Eric S. Rosenfeld
	 	 	Title:
    Chief Executive Officer

 

 

 

 

 

 

 

 

[Signature
Page to Escrow Agreement]

 

     

     

    

 

	 	REPRESENTATIVE
	 	 
	 	York
    Credit Opportunities Fund, L.P.
	 	 
	 	By:	/s/
    John J. Fosina
	 	 	Name:
    John J. Fosina
	 	 	Title:
    Chief Financial Officer

 

 

 

 

 

 

 

[Signature
Page to Escrow Agreement]

 

     

     

    

 

	 	COMMITTEE
	 	 
	 	/s/
    Eric S. Rosenfeld
	 	Name:
    Eric S. Rosenfeld
	 	 
	 	/s/
    David D. Sgro
	 	Name:
    David D. Sgro

 

 

 

 

 

 

 

[Signature
Page to Escrow Agreement]

 

     

     

    

 

	 	ESCROW
    AGENT
	 	 
	 	CONTINENTAL
    STOCK TRANSFER & TRUST COMPANY
	 	 	 
	 	By:	/s/
    Kevin Jennings
	 	 	Name:
    Kevin Jennings
	 	 	Title:
    ICG President

 

 

 

 

 

 

 

Signature
Page to Escrow Agreement]

 

     

     

    

 

Schedule 2

 

ESCROW SHARES ALLOCATION

 

	Name	 	Address	 	No. of Escrow Shares
	York Capital Management, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	276,716
	York Credit Opportunities Fund, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	351,903
	York Select, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	116,469
	York Credit Opportunities Investments Master Fund, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	378,148
	York European Distressed Credit Fund II, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	75,543
	York Multi-Strategy Master Fund, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	406,281
	York Select Investors Master Fund, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	26,569
	York Select Master Fund, L.P.	 	York Capital Management
 Attention: General Counsel
 767 Fifth Avenue, 17th Floor
 New York, NY 10153
	 	101,805
	Valinor Capital Partners SPV XIX, LLC	 	Valinor Management, L.P.
 Attention: David Angstreich
 510 Madison Avenue, 25th Floor
 New York, NY 10022
	 	114,736
	Valinor Capital Partners SPV XXII, LLC	 	Valinor Management, L.P.
 Attention: David Angstreich
 510 Madison Avenue, 25th Floor
 New York, NY 10022
	 	14,903
	VND Partners, L.P.	 	Valinor Management, L.P.
 Attention: David Angstreich
 510 Madison Avenue, 25th Floor
 New York, NY 10022
	 	144,414

 

     

     

    

 

	Name	 	Address	 	No. of Escrow Shares

	Valinor Capital Partners Offshore Master Fund, L.P.	 	Valinor Management, L.P.
 Attention: David Angstreich
 510 Madison Avenue, 25th Floor
 New York, NY 10022
	 	311,549
	Halcyon Energy, Power, and Infrastructure Capital Holdings LLC	 	Halcyon Capital Management
 Attention: Aaron Goldberg
 477 Madison Avenue, 9th Floor
 New York, NY 10022
	 	52,415
	HCN LP	 	Halcyon Capital Management
 Attention: Aaron Goldberg
 477 Madison Avenue, 9th Floor
 New York, NY 10022
	 	122,266
	Halcyon Mount Bonnell Fund LP	 	Halcyon Capital Management
 Attention: Aaron Goldberg
 477 Madison Avenue, 9th Floor
 New York, NY 10022
	 	79,497
	First Series of HDML Fund I, LLC	 	Halcyon Capital Management
 Attention: Aaron Goldberg
 477 Madison Avenue, 9th Floor
 New York, NY 10022
	 	19,102
	GE Oil & Gas, LLC	 	GE Oil & Gas, LLC 
Attn: Juan Cuesta
 4425 Westway Park Blvd.
 Westway 3
 Houston, Texas 77041	 	65,583
	NexPoint Credit Strategies Fund	 	300 Crescent Court, Suite 700 
Dallas, Texas 75021	 	18,350
	Kathleen Eisbrenner	 	214 N. Tranquil Path 
The Woodlands, Texas 77380	 	260,569
	René van Vliet	 	OUD Wassenaatsewg 25 2243 BT Wassenaas, The Netherlands	 	4,987
	Alfonso Puga	 	Joan Obiols 15-17 08034 
Barcelona, Spain	 	2,850
	Benjamin Atkins	 	14 Waterway Court 
The Woodlands, TX 77380	 	2,779
	Krysta De Lima	 	27 Estherwood Place 
Magnolia, Texas 77354	 	2,066
	Shaun Davison	 	6 Stanwick Place 
The Woodlands, Texas 770382	 	3,990
	Raymond Eisbrenner	 	214 N. Tranquil Path 
The Woodlands, Texas 77380	 	855
	James Spencer	 	30 Laurelhurst Circle 
The Woodlands, TX 77382	 	367

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