Document:

First Amendment to Second Lien Guarantee and Collateral Agreement

 Exhibit 10.25 
  
 AMENDMENT to the SECOND LIEN GUARANTEE AND COLLATERAL AGREEMENT 
  
 This Amendment to the Second Lien Guarantee and Collateral Agreement, dated
as of September 27, 2005, made by Rosetta Resources, Inc., a Delaware corporation, Rosetta Resources Offshore, LLC, a Delaware limited liability company, Rosetta Resources Operating LP, a Delaware limited partnership, Rosetta Resources Holdings,
LLC, a Delaware limited liability company, Rosetta Resources Operating GP, LLC, a Delaware limited liability company, in favor of BNP Paribas, as administrative agent (in such capacity, the “Administrative Agent”) for the banks and other
financial institutions (the “Lenders”) parties to the Credit Agreement referred to below. All capitalized terms not defined herein shall have the meaning ascribed to them in such Credit Agreement. 
  
 W I T N E S S E T H: 
  
 WHEREAS, Rosetta Resources Inc. (the “Borrower”), the Lenders, the
Administrative Agent and the other Agents, have entered into a Second Lien Term Loan Agreement, dated as of July 7, 2005 (as amended, supplemented or otherwise modified from time to time, the “Credit Agreement”); 
  
 WHEREAS, in connection with the Credit Agreement, the Borrower and certain of
its Subsidiaries have entered into the Guarantee and Collateral Agreement, dated as of July 7, 2005 (as amended, supplemented or otherwise modified from time to time, the “Second Lien Guarantee and Collateral Agreement”) in favor of the
Administrative Agent for the benefit of the Lenders and Affiliates of the Lenders; 
  
 WHEREAS, Rosetta Resources Inc. has recently restructured its subsidiaries; 
  
 NOW, THEREFORE, IT IS AGREED: 
  
 1. Guarantee and Collateral Agreement. The Second Lien Guarantee and Collateral Agreement is hereby amended by amending and restating Schedules 1 through 4 with
the Schedules 1 through 4 attached hereto. 
  
 2. Governing Law. THIS
ASSUMPTION AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED AND INTERPRETED IN ACCORDANCE WITH, THE LAW OF THE STATE OF TEXAS. 
  
 IN WITNESS WHEREOF, the undersigned has caused this Assumption Agreement to be duly executed and delivered as of the date first above written. 

 
 [Signatures begin on the next page] 
  

 Amendment to Guarantee and Collateral Agreement - 1 

					
	BORROWER:	 	ROSETTA RESOURCES INC.
			
	 	 	By:	 	  

	 	 	 	 	 Michael J. Rosinski, Executive Vice President,
 Chief
Financial Officer, Secretary and Treasurer

			
	GUARANTORS:	 	 	 	 
		
	 	 	ROSETTA RESOURCES OFFSHORE, LLC
	 	 	ROSETTA RESOURCES HOLDINGS, LLC
	 	 	ROSETTA RESOURCES OPERATING GP, LLC
	 	 	ROSETTA RESOURCES OPERATING LP
		
	 	 	By: Rosetta Resources Operating GP, LLC, its general partner
			
	 	 	By:	 	  

	 	 	 	 	 Michael J. Rosinski, Executive Vice President,
 Chief
Financial Officer, Secretary and Treasurer

		
	ADMINISTRATIVE AGENT:	 	BNP PARIBAS,
	 	 	as Administrative Agent
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 
			
	 	 	By:	 	  

	 	 	Name:	 	 
	 	 	Title:	 	 

  

 Amendment to Guarantee and Collateral Agreement - 2 

 SCHEDULE 1 
  
 NOTICE ADDRESS OF OBLIGORS 
  

			
	 Obligor

	 	 Address

	 Rosetta Resources Inc.
	 	 c/o Calpine Corporation
 717 Texas, Suite
2800
 Houston, Texas 77002

		
	 Rosetta Resources Offshore, LLC
	 	 c/o Calpine Corporation
 717 Texas, Suite
2800
 Houston, Texas 77002

		
	 Rosetta Resources Operating LP
	 	 c/o Calpine Corporation
 717 Texas, Suite
2800
 Houston, Texas 77002

		
	 Rosetta Resources Holdings, LLC
	 	 c/o Corporation Services Company, 2711
 Centerville
Rd., Suite 400, Wilmington,
 Delaware 19808

		
	 Rosetta Resources Operating GP, LLC
	 	 c/o Calpine Corporation
 717 Texas, Suite
2800
 Houston, Texas 77002

  

 Schedule 1 - 1 

 SCHEDULE 2 
  
 DESCRIPTION OF PLEDGED SECURITIES 
  

											
	 Owner

	 	 Issuer

	 	 Class of Stock or
 other Equity
Interest

	 	 Percentage Interest

	 	 # of Shares/Units

	 	 Certificate #

	 Rosetta
 Resources
 Inc.
	 	 Rosetta
 Resources
 Offshore,
 LLC
	 	 Membership
 interest in limited

liability company
	 	100%	 	N/A	 	2
						
	 Rosetta
 Resources
 Inc.
	 	 Rosetta
 Resources
 Holdings,
 LLC
	 	 Membership
 interest in limited

liability company
	 	100%	 	N/A	 	 
						
	 Rosetta
 Resources
 Inc.
	 	 Rosetta
 Resources
 Operating
 GP, LLC
	 	 Membership
 interest in limited

liability company
	 	100%	 	N/A	 	 
						
	 Rosetta
 Resources
 Holdings,
 LLC
	 	 Rosetta
 Resources
 Operating
 LP
	 	 Limited
 partnership
 interest
	 	99%	 	N/A	 	 
						
	 Rosetta
 Resources
 Operating
 GP, LLC
	 	 Rosetta
 Resources
 Operating
 LP
	 	 General partner
 interest in
limited
 partnership
	 	1%	 	N/A	 	 

  

 Schedule 2 - 1 

 SCHEDULE 3 
  
 FILINGS AND OTHER ACTIONS 
 REQUIRED TO PERFECT SECURITY INTERESTS 
  
 Uniform Commercial Code Filings 
  

	1.	UCC-1 Filing in the name of Rosetta Resources Inc. in the office of the Delaware Secretary of State 

  

	2.	UCC-1 Filing in the name of Rosetta Resources Offshore, LLC in the office of the Delaware Secretary of State 

  

	3.	UCC-1 Filing in the name of Calpine Natural Gas L.P. in the office of the Delaware Secretary of State and a UCC-3 evidencing the name change to Rosetta Resources Operating LP.

  

	4.	UCC-1 Filing in the name of Calpine Natural Gas Holdings, LLC in the office of the Delaware Secretary of State and a UCC-3 evidencing the name change to Rosetta Resources Holdings,
LLC. 

  

	5.	UCC-1 Filing in the name of Calpine Natural Gas GP, LLC in the office of the Delaware Secretary of State and a UCC-3 evidencing the name change to Rosetta Resources Operating GP,
LLC. 

  
 Delivery to Administrative Agent of
Pledged Securities 
  

	1.	Rosetta Resources Offshore, LLC membership interest; certificate number: 2 

  

	2.	Rosetta Resources Operating LP partnership interest; certificate number:              

  

	3.	Rosetta Resources Holdings, LLC membership interest; certificate number:              

  

	4.	Rosetta Resources Operating GP, LLC membership interest; certificate number:             

  
 Deposit Account 
  
 The execution of the Blocked Account Control Agreement by and among the Borrower, the
Administrative Agent and the depository bank named therein, granting the Administrative Agent “control” over the Margin Account. 
  

 Schedule 3 - 1 

 SCHEDULE 4 
  
 Rosetta Resources Inc. 
  

	 	•	 	Jurisdiction of Organization: Delaware 

  

	 	•	 	Delaware Secretary of State File Number 3980164 

  

	 	•	 	Taxpayer Identification Number: 43-2083519 

  

	 	•	 	Location of chief executive office: c/o Calpine Corporation, 717 Texas, Suite 2800, Houston, Texas 77002 

  
 Other names and trade names used in the past five years: None 
  
 Rosetta Resources Offshore, LLC 
  

	 	•	 	Jurisdiction of Organization: Delaware 

  

	 	•	 	Delaware Secretary of State File Number 3989132 

  

	 	•	 	Taxpayer Identification Number: 51-0546843 

  

	 	•	 	Location of chief executive office: c/o Calpine Corporation, 717 Texas, Suite 2800, Houston, Texas 77002 

  

	 	•	 	Other names and trade names used in the past five years: None 

  
 Rosetta Resources Operating LP 
  

	 	•	 	Jurisdiction of Organization: Delaware 

  

	 	•	 	Delaware Secretary of State File Number 3518137 

  

	 	•	 	Taxpayer Identification Number: 71-0882453 

  

	 	•	 	Location of chief executive office: c/o Calpine Corporation, 717 Texas, Suite 2800, Houston, Texas 77002  

  

	 	•	 	Other names and trade names used in the past five years: Calpine Natural Gas L.P. 

  
 Rosetta Resources Holdings, LLC 
  

	 	•	 	Jurisdiction of Organization: Delaware 

  

	 	•	 	Delaware Secretary of State File Number 3980115 

  

	 	•	 	Taxpayer Identification Number: 20-2943018 

  

	 	•	 	Location of chief executive office: c/o Corporation Services Company, 2711 Centerville Rd., Suite 400, Wilmington, Delaware 19808 

  

	 	•	 	Other names and trade names used in the past five years: Calpine Natural Gas Holdings, LLC 

  
 Rosetta Resources Operating GP, LLC 
  

	 	•	 	Jurisdiction of Organization: Delaware 

  

	 	•	 	Delaware Secretary of State File Number 3518133 

  

	 	•	 	Taxpayer Identification Number: 27-0011349 

  

	 	•	 	Location of chief executive office: c/o Calpine Corporation, 717 Texas, Suite 2800, Houston, Texas 77002 

  

	 	•	 	Other names and trade names used in the past five years: Calpine Natural Gas GP, LLC 

  

 Schedule 4 - 1Deposit Account Control Agreement

 Exhibit 10.26 
  
 DEPOSIT ACCOUNT CONTROL AGREEMENT 
  
 This DEPOSIT ACCOUNT CONTROL AGREEMENT is dated as of September 26, 2005, and is by and among Rosetta Resources Inc., a Delaware corporation
(“Customer”), BNP Paribas, as Administrative Agent as provided below (“Administrative Agent”) and AMEGY BANK NATIONAL ASSOCIATION, a national banking association (“Bank”). 
  
 RECITALS 
  
 On July 7, 2005, Customer entered into that certain Senior Revolving Credit Agreement (the “Credit
Agreement”) and that certain Second Lien Term Loan Agreement (the “Loan Agreement”), in each case with BNP Paribas, as initial lender and BNP Paribas, in its capacity as Administrative Agent (in such capacity under the Credit
Agreement and under the Loan Agreement collectively called “Administrative Agent”). Pursuant to the Credit Agreement and the Loan Agreement the lenders from time to time party thereto have extended, and will in the future extend, certain
credit to Customer, and, as a condition to such credit, Customer is required to grant to Administrative Agent a security interest in a certain deposit account maintained by Bank for Customer. The parties are entering into this agreement to perfect
Administrative Agent’s security interest in and to that account and to specify certain rights and duties of the parties with respect to that account. 
  
 Defined terms used herein shall have the meanings given to them in the Credit Agreement and the Loan Agreement unless defined otherwise herein.

  
 AGREEMENTS 
  
 Section 1. The Account 
  
 (a) This Agreement applies to depository Account No. 51575503
maintained by Customer with Bank (such account, all funds at any time on deposit therein and any proceeds, replacements or substitutions of such account or funds therein are referred to herein as “Deposit Account”). 
  
 (b) Customer has granted, and does hereby grant, a security interest in the
Deposit Account to Administrative Agent. Bank acknowledges the security interest granted by Customer to Administrative Agent in the Deposit Account. Bank further acknowledges and represents that it is a “bank” and that the Deposit Account
is an “account” as those terms are defined in Section 9-102 of the Uniform Commercial Code as adopted in the State of Texas (the “UCC”). For purposes of Section 9-304 of the UCC, Bank’s jurisdiction is the State of
Texas. 
  
 Section 2. Control of Deposit Account 

 
 (a) The Deposit Account shall be under the control of Administrative
Agent. Administrative Agent shall at all times have “control” (as defined in Section 9.104 of the UCC) of the Deposit Account. Bank shall comply with instructions originated by Administrative Agent directing disposition of funds in
the Depository Account without further consent by Customer. 
  

 1 

 (b) Unless Bank shall have received written notice from Administrative Agent (a “Default
Notice”) that an Event of Default has occurred under the Loan Documents, Customer shall have full right of access to and withdrawal from the Deposit Account. 
  
 (c) Subject to paragraph (d) below, from and after the receipt by the Bank of a Default Notice (and until Bank receives
a written withdrawal of such notice), (i) Administrative Agent shall have exclusive dominion and control over the Deposit Account, (ii) neither Customer nor any person acting through or on behalf of Customer shall have any right of access
to or withdrawal from the Deposit Account, and (iii) Bank shall not comply with any instructions originated by Customer or any such person directing disposition of funds in the Deposit Account. 
  
 (d) Any Default Notice shall be in writing, shall refer to this Agreement and
shall include clear and specific instruction with respect to the disposition of funds in the Deposit Account. Bank shall have a period of time, not exceeding one (1) Business Day (hereinafter defined) following the date on which Bank receives a
Default Notice to act on such Default Notice. Bank may rely on a Default Notice notwithstanding any other or conflicting information it may receive from Customer. As used in this Agreement, the term “Business Day” means any day on which
Bank and Administrative Agent are not authorized or required to close. 
  
 Section 3. Matters Related to Deposit Account 
  
 (a) Bank waives any right it may now or hereafter have to apply amounts in the Deposit Account against the payment of any indebtedness from time to time owing to Bank from Customer; provided, however, that Bank shall have the right at any
time to debit the Deposit Account (i) to pay the Bank’s fees and charges applicable to the Deposit Account, (ii) in connection with Uncollectible Drafts (hereinafter defined) as provided in paragraph (b) below, and (iii) in
order to correct errors as provided in paragraph (c) below. 
  
 (b) Any item deposited by or on behalf of Customer in the Deposit Account which is returned for insufficient or uncollected funds will be re-deposited by Bank one time. If such item is returned unpaid a second time or if such amount is
otherwise uncollectible by Bank (“Uncollectible Draft”) (including by any “stop payment order” having been applied to such draft), Bank may debit the Deposit Account for (i) the amount of such Uncollectible Draft (if such
amount has actually been paid by Bank to Administrative Agent), and (ii) any fees due to Bank or charges incurred by Bank in connection with its deposit or collection attempts (collectively, “Costs of Uncollectible Drafts”). If the
amount in the Deposit Account is insufficient to fully reimburse Bank for the Costs of Uncollectible Drafts, Customer and Administrative Agent agree to pay such deficiency to Bank (provided that Administrative Agent’s obligations shall be
limited to amounts actually paid to Administrative Agent which are not recovered by Bank). 
  

 2 

 (c) Bank shall have the right to debit from the Deposit Account any amounts deposited therein in error or
as necessary to correct processing errors. 
  
 (d) Administrative
Agent and Customer agree that, except as specifically provided in this Agreement, the Deposit Account will be subject to, and Bank’s operation of the Deposit Account will be in accordance with, the terms and provisions of Bank’s separate
deposit account agreement governing the Deposit Account (“Account Agreement”), a copy of which Customer and Administrative Agent acknowledge having received. In the event that the terms of the Account Agreement shall conflict with the
terms of this Agreement, the terms of this Agreement shall prevail. 
  
 Section 4. Statements, Notice of Adverse Claims 
  
 (a) Bank will send copies of all statements on the Deposit Account simultaneously to Customer and Administrative Agent at their addresses listed below their signatures to this Agreement (or such other address as they may provide to Bank).

  
 (b) Bank will use reasonable efforts promptly to notify
Administrative Agent and Customer (i) if any other person claims that it has an interest in the Deposit Account, (ii) if any other person requests that Bank enter into an agreement related to the Deposit Account with such person, or
(iii) if any other person inquires as to the existence of any other agreement related to the Deposit Account. 
  
 5. Certain Matters Affecting Bank 
  
 (a) This Agreement does not create any obligation of Bank except for those expressly set forth in this Agreement, and no implied obligations shall be read
into this Agreement against Bank. 
  
 (b) Bank may rely on notices
and communications it reasonably believes have been given by an authorized representative of Administrative Agent or Customer, and Bank shall have no obligation to review or confirm that actions taken pursuant to any such notice in accordance with
this Agreement comply with any other agreement or document. Without limiting the foregoing, upon receipt of a Default Notice, Bank shall have no obligation to determine whether an Event of Default has occurred. 
  
 (c) Bank shall not be liable under this Agreement for interruption of
services under this Agreement resulting from force majeure or failure of computer, electronic or other services. 
  
 (d) Without the prior consent of Administrative Agent, Bank shall not enter into any agreement with a third party related to the Deposit Account.

  
 (e) All Bank’s obligations under this Agreement shall be
subject to applicable laws and regulations and to the policies and procedures of Bank. Nothing in this Agreement shall required Bank to act in violation of any law, regulation, policy or procedure. 
  

 3 

 Section 6. Indemnity 
  
 (a) Bank shall not be liable for any claims, suits, actions, costs, damages, liabilities or expenses (including attorneys
fees) (“Liabilities”) in connection with this Agreement, other than Liabilities caused by the gross negligence or willful misconduct of Bank. In no event will Bank be liable for any lost profits or for any incidental, special,
consequential or punitive damages, whether or not Bank knew of the possibility of such damages. Bank’s substantial compliance with its standard procedures for provision of the services required under this Agreement shall be deemed to constitute
the exercise of ordinary care. 
  
 (b) Customer shall indemnify
and hold harmless Bank and its affiliates, and the directors, officers, employees and agents of any of them from and against any and all Liabilities asserted against them arising directly or indirectly from or in connection with this Agreement,
other than those Liabilities caused by the gross negligence or willful misconduct of Bank or such indemnified party. 
  
 (c) Administrative Agent shall hold harmless Bank and its affiliates, and the directors, officers, employees and agents of any of them from and against
any and all Liabilities asserted against them arising directly or indirectly from or in connection with this Agreement, other than those Liabilities caused by the gross negligence or willful misconduct of Bank or such indemnified party. 

 
 Section 7. Fees and Expenses 
  
 Customer shall pay the customary fees and expenses of Bank in connection
with the Deposit Account. Customer shall also pay all costs and expenses (including attorneys fees incurred in connection with the interpretation or enforcement of this Agreement. Such fees and expenses may be debited from the Account by Bank.

  
 Section 8. Termination, Survival 
  
 (a) Administrative Agent may terminate this Agreement by notice to Bank and
Customer, and in such event Bank shall follow the directions of Administrative Agent with respect to the disposition of funds in the Deposit Account. Bank may terminate this Agreement upon sixty (60) days written prior notice to Customer and
Administrative Agent, and in such event Bank shall follow the directions of Administrative Agent with respect to the disposition of funds in the Deposit Account. Customer may not terminate this Agreement without prior written consent of
Administrative Agent. 
  
 (b) If Administrative Agent notifies
Bank that Administrative Agent’s security interest in the Deposit Account has terminated, this Agreement will immediately terminate, and Bank will follow the directions of Customer with respect to the disposition of funds in the Deposit
Account. 
  
 (c) Section 6 of this Agreement shall survive
the termination of this Agreement. 
  

 4 

 Section 9. Governing Law 
  
 This Agreement will be governed by, and construed in accordance with, the laws of the State of Texas. 
  
 Section 10. Amendments 
  
 No amendments of this Agreement will be binding unless it is in writing and
signed by all parties to this Agreement. 
  
 Section 11.
Severability 
  
 To the extent a provision of this Agreement is
unenforceable, this Agreement will be construed as if the unenforceable provision were omitted. 
  
 Section 12. Successors and Assigns 
  
 The terms of this agreement shall be binding upon, and shall inure to the benefit of, the parties hereto and their respective successors and assignees.

  
 Section 13. Notices 
  
 Any notice, request or other communication required or permitted to be given
under this Agreement shall be in writing and deemed to have been properly given (a) when delivered in person, (b) when sent by telecopy or other electronic means and electronic conformation of error free receipt is received or (c) two
(2) days after being sent by certified or registered United States mail, return receipt requested, postage prepaid, addressed to the party at the address set forth bellow. 
  

			
	Customer:	 	Rosetta Resources Inc.
	 	 	717 Texas, Suite 2800
	 	 	Houston, Texas 77002
	 	 	Attention: Chief Financial Officer
	 	 	Telephone No.: (713) 335-4000
		
	Administrative:	 	BNP Paribas
	Agent	 	919 Third Avenue
	 	 	New York, New York 10022
	 	 	Attention: Millie Carillo
	 	 	Fax No.: (212) 841-2683
		
	 	 	with a copy to:
		
	 	 	1200 Smith Street, Suite 3100
	 	 	Houston, Texas 77002
	 	 	Attention: Donna Verwold
	 	 	Fax No.: (713) 659-6915

  

 5 

			
	Bank:	 	Amegy Bank National Association
	 	 	Five Post Oak Park
	 	 	4400 Post Oak Parkway
	 	 	Houston, Texas 77027
	 	 	Attention: Ralph F. Walker
	 	 	Telephone No.: (713) 232-1103
	 	 	Fax No.: (713) 571-5216

  
 Section 14. Joint
and Several Obligations 
  
 If Customer consists of more than one
person or entity, each shall be jointly and severally liable to perform Customer’s obligations under this Agreement. 
  
 Section 15. Duplicate Originals, Counterparts 
  
 This Agreement may be executed in any number of duplicate originals, and each duplicate original shall be deemed to be an original. This Agreement (and
each duplicate original) may be executed in any number of counterparts, all of which together shall constitute one fully executed agreement, even though all signatures do not appear on the same document. 
  
 Section 16. Entire Agreement 
  
 This Agreement constitutes the entire agreement of the parties hereto with
respect to the subject matter hereof. There are no oral agreements among the parties hereto. 
  
 [Signature Page Follows] 
  

 6 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their respective
authorized officers, effective as of the date first above written. 
  

			
	 CUSTOMER:

	
	 ROSETTA RESOURCES INC.

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 ADMINISTRATIVE AGENT:

	
	 BNP PARIBAS

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

	
	 BANK:

	
	 AMEGY BANK NATIONAL ASSOCIATION

		
	 By:
	 	  

	 Name:
	 	  

	 Title:
	 	  

  

 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00091-of-00352.parquet"}]]